16-Unit Apartment
For Sale
Under Contract
$1,350,000
241 NW 11th 1 Street, Belle Glade, FL 33430
Commercial Sale, Belle Glade, FL
Property Size13,220 SF
Lot Size0.47 Acres
Price / SF$102.12
Days on Market394
Property Features for 241 NW 11th 1 Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2(cit
Bathrooms
17
Full bathrooms
17
Rooms
Bathroom 2, Bathroom 9, Bathroom 10, Bathroom 15, Bathroom 1, Bathroom 17, Bathroom 4, Bathroom 5, Bathroom 6, Bathroom 8, Bathroom 12, Bathroom 3, Bathroom 13, Bathroom 14, Bathroom 7, Bathroom 16, Bathroom 11
Subdivision
5560
Standard status
Active Under Contract
APN
04374331300000110
Size
13,220 SF
Lot size
0.47 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LAKESHORE HGTS SUB PL 2 LTS 11 & 12
Tax Annual Amount
19052
Legal Description
LAKESHORE HGTS SUB PL 2 LTS 11 & 12
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1979
Floors in Building
2
Number of units
16
Building materials
Concrete
Roof type
Composition
Listing Agency:
Keller Williams Realty Boca Raton
(561) 997-0500
Listed By:
Daniel Karp · License #3455075
(516) 241-6914
Added: Aug 7, 2025
Changed: Sep 1
Last Checked: Sep 4 at 3:06AM
MLS# R11114625
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 16-unit apartment property comprises two adjoining 8-unit buildings totaling 13,220 square feet on 0.47 acres. Constructed in 1979 with concrete block construction, the property offers mostly two-bedroom, one-bath residences, wall or window-unit cooling, individually metered utilities, and 21 surface parking spaces. Public water and public sewer serve the site, and the roof is composition material. Occupancy is reported at 100 percent.
Located at 241 NW 11th 1 Street in Belle Glade, the property sits within walking distance of schools, shops, and employers. The two-building configuration and established residential layout provide a straightforward multifamily asset in a central Belle Glade setting.
Located at 241 NW 11th 1 Street in Belle Glade, the property sits within walking distance of schools, shops, and employers. The two-building configuration and established residential layout provide a straightforward multifamily asset in a central Belle Glade setting.
Key Highlights
- 16 units across two adjacent 8‑unit apartment buildings
- 13,220 square feet on 0.47 acres
- 100% occupied with approximately $108,000 in operating income (NOI)
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
766
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Two neighboring buildings provide workforce-oriented housing with individually metered utilities and convenient access to local schools, shops, and employers.
Where is this apartment building located?
The property is located at 241 NW 11th 1 Street Belle Glade, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 16 units across two adjacent 8‑unit apartment buildings; 13,220 square feet on 0.47 acres; 100% occupied with approximately $108,000 in operating income (NOI)
