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30-Unit Apartment Building
New
For Sale
$865,000

416 Dr Martin Luther King Jr Blvd W, Belle Glade, FL 33430

Land, Belle Glade, FL

Property Size5,948 SF
Lot Size0.24 Acres
Price / SF$145.43
Days on Market3

Property Features for 416 Dr Martin Luther King Jr Blvd W

General Information

Property type Land
Property subtype Other
Zoning description B-2 (cit
Subdivision RADERS SUB
Directions Please use Google Maps.
Standard status Active
APN 04374342050030030
Lot size 0.24 Acres

Additional Details

Individually Metered Utilities electricity

Taxes and HOA fees

Tax Year 2025
Tax Description RADERS SUB LTS 3 & 4 (LESS N 5 FT RD R/W) BLK 3
Tax Annual Amount 7376
Legal Description RADERS SUB LTS 3 & 4 (LESS N 5 FT RD R/W) BLK 3

Amenities

Storage Unit

Building Details

Buildings 1
Listing Agency: EXP Realty LLC
Listed By: John Salt · License #3270043
Added: Oct 26 Last Checked: Oct 28 at 4:06AM
MLS# A12113178

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The two-story apartment property contains 30 studio-style units within approximately 5,948 square feet. Interior work includes new flooring and bathrooms, fresh paint, new electrical systems, and updated plumbing. The building also has high ceilings, natural light, and 30 separate electric meters. Its roof is 10 years old.

The offering includes two parcels totaling approximately 10,602 square feet, with the vacant parcel at the corner. Frontage is on Dr Martin Luther King Jr Blvd and SW Avenue E in Belle Glade. The property is zoned B-2 commercial; buyers should verify zoning and permitted uses.

Key Highlights

  • 30 studio‑style units in a two‑story building
  • Approximately 5,948 SF of building area
  • Two parcels total approximately 10,602 SF, including a vacant corner lot

Property Analytics

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Lease Details

30
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

766
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two adjoining parcels combine a renovated apartment building with a vacant corner lot.
Where is this apartment building located?
The property is located at 416 Dr Martin Luther King Jr Blvd W Belle Glade, FL.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: 30 studio‑style units in a two‑story building; Approximately 5,948 SF of building area; Two parcels total approximately 10,602 SF, including a vacant corner lot
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