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    Belle Glade Multifamily Investment Opportunity Title is generated by Realmo AI

    241 NW 11th 1 Street, Belle Glade, FL 33430

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    Claim this Listing
    For Sale
    Under Contract
    $1,350,000

    MULTI_FAMILY - Belle Glade, FL

    Property size:
    13,220 SF
    Lot size:
    0.47 Acres
    Price / SF:
    $102/SF
    Added:
    Aug 7, 2025
    Days on Market:
    309
    Last Refresh:
    Jun 11 at 10:06 am

    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 10, Bathroom 7, Bathroom 6, Bathroom 3, Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 13, Bathroom 9, Bathroom 8, Bathroom 12, Bathroom 14, Bathroom 15, Bathroom 11, Bathroom 17, Bathroom 5, Bathroom 16
    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
    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

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    Listing Contact
    Daniel Karp

    Listing agent Daniel Karp License #3455075

    Listing office Keller Williams Realty Boca Raton 7280 W Palmetto Park Road Suite 110, Boca Raton, FL

    Listing date Aug 7, 2025

    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.

    HighLights

    • 16‑unit multifamily property consisting 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
    • 100% occupied with approximately $108,000 NOI
    • 21 surface parking spaces
    • Public water and public sewer; offered at $1,350,000 (cap rate 8‑9.37%, GRM 6.95)

    Overview

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belle Glade
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.678635
    Latitude
    26.687974

    FAQs

    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 consisting 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
    More about this property
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