This offering presents a rare opportunity to acquire a fully renovated 30-unit multifamily property in Belle Glade, one of Palm Beach County’s most supply-constrained and high-demand rental submarkets. The property is individually metered for water and electric, reducing ownership expenses and simplifying utility management. Renovated in 2020, the building features a new roof, PVC plumbing, and impact windows throughout, ensuring durability and compliance. A completed 40-Year Building Inspection confirms adherence to current building and safety standards, providing peace of mind for investors.
Situated within a federally designated Opportunity Zone, this property offers an attractive combination of stable income, strong value-add potential, and long-term tax advantages, making it an excellent addition to any real estate portfolio.
Investment Summary
This stabilized, turnkey, income-producing multifamily asset delivers both immediate cash flow and long-term appreciation potential. Located in one of Palm Beach County’s most active redevelopment corridors, it represents an ideal investment for both experienced operators and new entrants seeking a low-maintenance, high-yield property in a growing Florida market. Direct sale and 1031 exchange available for this property.