Multifamily Portfolio with Retail
For Sale
Contact for pricing
200 SW 5th St, Belle Glade, FL 33430
Portfolio includes 43 apartments and 7 ground-level retail bays across five parcels, with month-to-month leases and separate utilities.
Property SizeContact for details
Days on Market125
Property Features for 200 SW 5th St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Opportunity Zone
Yes
Multifamily Units
43
Building Details
Construction
concrete block
Listing Agency:
49 Units
(561) 600-5350
Listed By:
Jesse Bailey · License #1234
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 1:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 49 Units
Investment Insights
Based on property information with market context.
This for-sale multifamily portfolio totals 43 apartment units and 7 ground-level commercial/retail bays, set across five separate parcels. All buildings are concrete block construction (CBS). Units are market rate except for Unit 4 of 416 SW Avenue B, which is on Section 8. Electrical panels have been replaced in all units, and each unit is separately metered for electric and water.
The portfolio includes a parking lot located between 200 SW 5th Street and 224 SW 5th Street. The 416 SW Avenue B lot has a dilapidated building on its western half that requires teardown. The portfolio is located in an Opportunity Zone, and current leases are month-to-month with 100% occupancy.
The offering is described as having a going-in cap rate over 10% and a projected cash-on-cash return in excess of 15% after leverage. Management is currently self-managed, with a local third-party manager planned prior to closing.
The portfolio includes a parking lot located between 200 SW 5th Street and 224 SW 5th Street. The 416 SW Avenue B lot has a dilapidated building on its western half that requires teardown. The portfolio is located in an Opportunity Zone, and current leases are month-to-month with 100% occupancy.
The offering is described as having a going-in cap rate over 10% and a projected cash-on-cash return in excess of 15% after leverage. Management is currently self-managed, with a local third-party manager planned prior to closing.
Key Highlights
- Multifamily portfolio with 43 apartments plus 7 ground‑level commercial/retail bays across 5 separate parcels
- 100% occupied with all units on month‑to‑month leases
- Opportunity Zone portfolio in Palm Beach County
Property Analytics
Property Profile
Current Use
Lease Details
43
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
703
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 - Portfolio includes 43 apartments and 7 ground-level retail bays across five parcels, with month-to-month leases and separate utilities.
Where is this apartment building located?
The property is located at 200 SW 5th St Belle Glade, FL.
What are key features of this property?
This property features: Multifamily portfolio with 43 apartments plus 7 ground‑level commercial/retail bays across 5 separate parcels; 100% occupied with all units on month‑to‑month leases; Opportunity Zone portfolio in Palm Beach County
