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Listed price in listed location currency (USD).
$1,350,000

0170

MLS® R11114625

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $19,052
Days Active 4
Approx. Age 1979
MLS® Number R11114625

Property Address: 13-241 Nw 11th 1 Street, Belle Glade, FL,

Average square foot calculated using Size range provided by listing agent.

Description

241 NW 11th St is a 16-unit multifamily property made up of two adjacent 8-unit buildings. Built in 1979 with durable concrete block construction, it features mostly 2 bed / 1 bath units, individually metered utilities, and 21 surface parking spaces. The property is 100% occupied, generating a operating income (NOI) of approximately $108, 000. Located in central Belle Glade, it's within walking distance to schools, shops, and employers. Offered at $1, 350, 000, the investment delivers a cap rate between 8-9.37%, a GRM of 6.95, and a price per unit of ~$84K. An ideal value-add or turnkey opportunity in South Florida's workforce housing market.
MLS® NumberR11114625
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1979
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

Other

Jan 6, 2026List Date
$1,350,000List Price
  • Commute

Commute

Starting Address
Destination Address
241 Nw 11th 1 Street, Belle Glade, FL

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