ACCEPTING OFFERS
Fisher Auction Company is pleased to present a 43 Unit Multifamily Apartment Building with Retail and Commercial Space in Belle Glade, Florida.
PROPERTY HIGHLIGHTS
• Prime Investment Property with 43 Apartments and a Retail /Commercial Building
• Units and Building have been recently renovated and consist of 1,2 and 3 Stories
• Close Proximity to Lake Okeechobee and Wildlife Sanctuaries
• Central Location to Employment Centers with attractive commute times that include 1 Hour to West Palm Beach, 1.5 Hours to Miami and 1.45 Hours to Fort Myers
• Major Air Travel is located within 1 Hour to Palm Beach International Airport
• Perfect Investment with good monthly gross and above average occupancy
• Palm Beach County is experiencing Rising Job Growth, a Healthy Jobs Market and Steady Residential Construction
• Belle Glade has easy access to main transportation networks in the South Florida metropolitan area. The city has a stable economy supported by the manufacturing, retail, and healthcare sectors.
PROPERTY DETAILS
• Address: 417 Southwest 6th Street, Belle Glade, Florida 33430
• Location: Northeast Corner of SW 6th Street and Dr. MLK Blvd
• Directions: From US Highway 27 go East on E Palm Beach Road. Continue to Dr MLK Blvd. Turn left and proceed to SW 6th Street. Property is on the Northeast Corner
• Access: SW 6th Street, SW Avenue E and SW 5th Street
• Building Size: 17,556± Gross Square Feet. 16,720± Rentable Square Feet
• Land Area: 20,473± Square Feet / .47± Acres
• Current Use: 43 Multifamily Rental Apartments and Retail and O?ce Lease
• Construction: Concrete Masonry Construction, Single Pane Aluminum Windows, Built-Up Tar & Gravel Roo?ng
• HVAC: Window Units
• Year Built: 1957, Recent Renovations
• Frontage: 75± Feet along SW 6th Street and SW 5th Street and 275± Feet along Dr MLK Blvd
• Zoning: B-2, Business District. See the Zoning Section for Permitted Uses and Building Requirements
• Taxes: 2024 Total - $29,613.00
• Parcel Control No.: 04-37-43-31-15-002-0010
• Flood Zone: Zone X
• Utilities: Individually Metered Municipal Water and sewer (Tenant Pays)
• Electric: Individually Metered Units (Tenant Pays)
• Parking: 19 Surface Parking Spaces
• Unit Mix: 24 E?ciencies | 19 One Bedroom Units
• Unit Size: E?ciencies - 330± SF | One Bedroom Units - 400± SF
• Commercial Building: Two Units totaling 1,200± SF
UNIT MIX
Unit Type - Studio | Area - 330± SF | Total Count - 24 | Total Area - 7,920± SF
Unit Type - 1 BR, 1 BA | Area - 400± SF | Total Count - 19 | Total Area - 7,600± SF
Unit Type - Commercial Units | Area - 600± SF | Total Count - 2 | Total Area - 1,200± SF