Quadplex with Impact
For Sale
$450,000
628 SW 4th Street, Belle Glade, FL 33430
MULTI_FAMILY - Belle Glade, FL
Property Size2,496 SF
Lot Size0.12 Acres
Price / SF$180.29
Days on Market30
Property Features for 628 SW 4th Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R2 (city)
Bedrooms
4
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 3
Window features
Double Pane Windows
Subdivision
RADERS SUB
Lot features
Interior Lot
Elementary school
Glade View
Middle school
Lake Shore
High school
Glades Central
Standard status
Active
APN
04374342060060510
Size
2,496 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
RADERS SUB ADD LTS 51 & 52 BLK 6
Tax Annual Amount
6441
Legal Description
RADERS SUB ADD LTS 51 & 52 BLK 6
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Window Unit(s), Electric, Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1965
Floors in Building
2
Number of units
2
Flooring type
Tile - Ceramic, Vinyl
Building materials
Concrete Block - With Stucco
Roof type
Shingle, Composition
Listing Agency:
Casteland Real Estate Corp
(561) 992-9739
Listed By:
Elizabeth C Strehse · License #3033981
(954) 816-0756
Added: Jul 6
Changed: Aug 3
Last Checked: Aug 4 at 9:06AM
MLS# B26049097
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story quadruplex at 628 SW 4th Street features above-grade finished living space totaling 2,496 square feet. The property is a concrete block structure with stucco and includes ceramic tile or vinyl flooring, wood cabinetry, and impact windows throughout. Each apartment is laid out as a 2-bedroom, 1-bath unit with an approximately 638-square-foot living area, and each unit includes window or wall/window air conditioning powered by electric service.
Zoned R2 (city), the property is situated on a 0.12-acre lot in Belle Glade, Florida. Utilities include public water and public sewer, and cable is available. The roof is composition/shingle.
Built in 1965, this quadplex contains two bathrooms and four bedrooms across the unit mix as reflected in the room breakdown provided, supporting a consistent layout across apartments.
Zoned R2 (city), the property is situated on a 0.12-acre lot in Belle Glade, Florida. Utilities include public water and public sewer, and cable is available. The roof is composition/shingle.
Built in 1965, this quadplex contains two bathrooms and four bedrooms across the unit mix as reflected in the room breakdown provided, supporting a consistent layout across apartments.
Key Highlights
- Two‑story quadruplex with 2,496 SF above‑grade finished living space
- 0.12‑acre lot
- Zoned R2 (city)
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.1k | $29.28 |
| − Vacancy | −$3.3k | −$1.32 |
| EGI | $69.8k | $27.96 |
| − OpEx | −$31.4k | −$12.58 |
| NOI | $38.4k | $15.38 |
2,496 SF · lease $29.28/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$594.4K
$520.1K – $693.5K
NOI $41,608 @ 7.0% cap · market cap 9.25%
Second Best
Apartment 5plus
$548.4K
$479.8K – $639.8K
NOI $38,387 @ 7.0% cap · market cap 8.53%
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $123,048 @ 7.0% cap · market cap 27.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
720
Businesses Nearby
Explore this area
Business Placement
Demographics for 33430, FL
20,327
Population
7,158
Households
2.8
Avg Household Size
35
Median Age
13%
College-Educated
71%
High-School Grad
239.8 sq mi
ZIP Area
85
Density / Sq Mi
$48,690
Median Household Income
$31,117
Median Earnings
$860
Median Rent
$142,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Two-story quadplex in Belle Glade zoned R2 (city), built in 1965, with impact windows and public water and sewer.
Where is this quadplex located?
The property is located at 628 SW 4th Street Belle Glade, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two‑story quadruplex with 2,496 SF above‑grade finished living space; 0.12‑acre lot; Zoned R2 (city)
