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$1,350,000
5 Days On Site
241 NW 11th 1 Street 13Belle Glade, FL 33430
For Sale|Multi Family|Active
0
Beds
0
Total Baths
1979
Built
Subdivision:
LAKESHORE HEIGHTS 2
County:
Palm Beach
Call Now: (866)577-5262
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Monthly Payment (Est.)
$6,159Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
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.
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Listing Snapshot
Price
$1,350,000
Days On Site
5 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.47 Acres
Year Built
1979
MLS® Number
R11114625
Status
Active
Property Tax
$19,052
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| yesterday | Listing updated with changes from the MLS® | |
| yesterday | Status changed to Active | |
| 6 days ago | Listing first seen on site |
General Features
Acres
0.47
Lease Term
12 Months
Property Sub Type
Multi Family
Security
Smoke Detector(s)
Sewer
Public Sewer
Stories
Two
Utilities
Electricity AvailableSewer AvailableWater Available
Water Source
Public
Zoning
R2(cit
Interior Features
Cooling
Wall/Window Unit(s)
Flooring
Other
Heating
Wall Furnace
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Exterior Features
Construction Details
Block
Roof
CompositionShingle
Community Features
Financing Terms Available
CashConventional
MLS Area
5560
Listing courtesy of Keller Williams Realty Boca Raton
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2025 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2025-08-12 12:14 PM UTC
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2025 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2025-08-12 12:14 PM UTC
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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