954-942-0917
417 SW 6th St, Belle Glade, FL for Sale
Apartments - FOR SALE
1/21
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417 SW 6th St
Belle Glade, FL 33430


HIGHLIGHTS

  • Close Proximity to Lake Okeechobee and Wildlife Sanctuaries
  • Central Location to Employment Centers with attractive commute times
  • Major Air Travel is located within 1 Hour to Palm Beach International Airport

OVERVIEW

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

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

43

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

43 Unit Apartment Building, Belle Glade, FL

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1957

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

B-2

APN/PARCEL ID

04-37-43-31-15-002-0010

ASK ABOUT THIS PROPERTY

Lamar FisherFisher Auction Co., Inc.More Info
954-942-0917

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Lamar FisherFisher Auction Co., Inc.More Info
954-942-0917

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.