NEW
- MLS® #: RX-11114625
- 241 Nw 11th 1 Street #13
- Belle Glade, FL 33430
- $1,350,000
- 13,220 SqFt, 0.47 Acres
- Business
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.
View Virtual TourEssential Information
- MLS® #RX-11114625
- Price$1,350,000
- CAD Dollar$1,865,903
- UK Pound£995,612
- Euro€1,153,370
- Square Footage13,220
- Acres0.47
- Year Built1979
- TypeBusiness
- Sub-TypeIncome
- StyleIncome, Resident. Multi-Fam.
- StatusNew
Community Information
- Address241 Nw 11th 1 Street #13
- Area5560
- SubdivisionLAKESHORE HEIGHTS 2
- CityBelle Glade
- CountyPalm Beach
- StateFL
- Zip Code33430
Amenities
- WaterfrontNone
Utilities
3-Phase Electric, Public Sewer, Public Water, 110, Separate Meter
Interior
- AppliancesBuilding and Land
- HeatingWindow/Wall
- CoolingWall-Win A/C
- # of Stories2
Exterior
- Lot Description16 UNIT COMM. INCOME
- RoofComp Shingle
- ConstructionConcrete
- Office: Keller Williams Realty Boca Raton
Property Location
241 Nw 11th 1 Street #13 on www.jupiteroceanfronthomes.us
Offered at the current list price of $1,350,000, this home for sale at 241 Nw 11th 1 Street #13 features bedrooms and 0 bathrooms. This real estate listing is located in LAKESHORE HEIGHTS 2 of Belle Glade, FL 33430 and is approximately 13,220 square feet. 241 Nw 11th 1 Street #13 is listed under the MLS ID of RX-11114625 and has been available through www.jupiteroceanfronthomes.us for the Belle Glade real estate market for 4 days.
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Listing information last updated on August 16th, 2025 at 7:16am CDT.