Belle Glade Multifamily Investment
241 NW 11th 1 Street Belle Glade, FL 33430
For Sale
Under Contract
$1,350,000
MULTI_FAMILY - Belle Glade, FL
Property Size13,220 SF
Lot Size0.47 Acres
Price / SF$102.12
Days on Market355
Property Features for 241 NW 11th 1 Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2(cit
Bathrooms
17
Rooms
Bathroom 9, Bathroom 6, Bathroom 12, Bathroom 15, Bathroom 13, Bathroom 5, Bathroom 17, Bathroom 2, Bathroom 3, Bathroom 14, Bathroom 8, Bathroom 1, Bathroom 10, Bathroom 11, Bathroom 16, Bathroom 7, Bathroom 4
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
Utilities
Sewer type
Public Sewer
Cooling system
Wall/Window Unit(s), 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: Jul 25
Last Checked: Jul 27 at 11:06AM
MLS# R11114625
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Investment Insights
Based on property information with market context.
The property at 241 NW 11th St in Belle Glade, FL, is a 16-unit multifamily property comprising two adjacent 8-unit buildings. Constructed in 1979, the buildings feature concrete block construction. The units are primarily 2-bedroom, 1-bath layouts. Utilities are individually metered. There are 21 surface parking spaces available. The property is currently 100% occupied and generates an operating income (NOI) of approximately $108,000. Situated in central Belle Glade, the location provides walking distance access to schools, shops, and employers. The property represents a potential value-add or turnkey opportunity in South Florida's workforce housing market. The lot size is 0.47 acres, and the property size is 13220 square feet.
Key Highlights
- 16‑unit multifamily property made up of two adjacent 8‑unit buildings
- Built in 1979 with concrete block construction and a composition roof
- Mostly 2 bed/1 bath units with individually metered utilities
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - 16-unit multifamily property in central Belle Glade, fully occupied.
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‑unit multifamily property made up of two adjacent 8‑unit buildings; Built in 1979 with concrete block construction and a composition roof; Mostly 2 bed/1 bath units with individually metered utilities
