Property 733 Dr M.l.k. Jr Boulevard W, Belle Glade, FL for sale with MLS# B26046401
Exceptional opportunity to acquire a renovated 30-unit multifamily apartment building in Belle Glade, Palm Beach County. Originally built in 1959 and extensively renovated in 2021, the property features a new roof, impact-resistant windows and doors, updated PVC plumbing, new electrical panels, and numerous interior and exterior improvements. Situated on approximately 0.51 acres, this income-producing asset offers investors a well-maintained apartment community in a high-demand rental market. Conveniently located near shopping, schools, public transportation, major employers, and US-98/SR-80, with easy access to Florida's Turnpike. A turnkey multifamily investment with significant recent capital improvements in one of Palm Beach County's established rental markets Showings by appointment only. Do not disturb tenants or enter the property without prior authorization. Proof of funds or lender pre-approval is required before scheduling a tour. Financial information, rent roll, operating statements, and due diligence materials are available upon request after seller approval and, if required, execution of a confidentiality agreement. Buyer and buyer's broker are responsible for independently verifying all information, including income, expenses, dimensions, zoning, permits, and intended use. Property tours are by appointment only.
733 Dr M.l.k. Jr Boulevard W, Belle Glade, FL
- Price:
- $2,150,000.00
- Original List Price:
- $2,250,000.00
- Gross Scheduled Income:
- 252336
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- August 9, 2026 5:32 pm
- Built-Up Area:
- 14,550 Sqft
- Building Area Source:
- Appraiser
- Lot Size Acres:
- 0.51
- Security:
- Smoke Detector(s), None
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Year Built:
- 1959
- Year Built Details:
- Built In 1959 And Substantially Renovated In 2021. Major Improvements Include A New Roof, Impact-rated Windows And Doors, Upgraded Pvc Plumbing, New Electrical Panels, And Extensive Interior And Exterior Renovations, Enhancing Both Functionality And Long-term Value.
- Roof:
- Tar/gravel
- Number of Buildings:
- 2
- Number of Units Total:
- 30
- Construction Materials:
- Block
- Flooring:
- Tile, Wood
- Number of stories:
- 3
- Stories:
- 3
- Flood Zone Code:
- NO
- Property Condition:
- Resale, Updated/remodeled
- Tax Annual Amount:
- $18,678.00
- Tax Year:
- 2025
- Maintenance Expense:
- $10,725.00
- Insurance Expense:
- $25,050.48
- Parking Total Spaces:
- 30
- Parking Features:
- Common, On Street, Accessible Parking, Free
- Sewer:
- Public Sewer
- Electric:
- 0-100 Amp Service
- Utilities Available:
- Electricity Available, Water Available, Sewer Connected
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Existing Survey, Copy Of Lease(s), Site Plans
- Listing Terms Considered by Seller:
- Cash, Conventional, Owner Will Carry Points, Private Financing Available, 1031 Exchange
- Buyer Possession:
- Close Of Escrow
- Negotiable Seller Concessions
- Tax Legal Description:
- 31-43-37, SUB BY STATE SURVEY W 85 FT OF E 580 FT OF S 84.85 FT OF N 1294.85 FT OF LT 30 /LESS S 10 FT SR R/W/
- Real Estate Folio Number (Parcel Number):
- 04374331010301020
- Zoning:
- R-3
- Active on the market since:
- June 29, 2026
- Listing Agreement executed on:
- June 27, 2026
- Price change occurred on:
- August 9, 2026 5:32 pm
- Listing Status Last Changed On:
- June 29, 2026 2:21 am
- Photos updated on:
- August 9, 2026 5:33 pm
- Last Modified:
- August 9, 2026 5:33 pm
- Courtesy of:
- Palm Beach Property Buyers LLC
- Attribution:
- Not provided
- Street Name:
- Dr M.l.k. Jr
- Street Number:
- 733
- City:
- Belle Glade
- State:
- Florida
- County:
- Palm Beach
- Latitude:
- N26° 40' 56.8''
- Longitude:
- W81° 19' 28.1''
- Street Suffix:
- Boulevard

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