Search
30-Unit Apartment Property
New
For Sale
$865,000

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

Commercial Sale, Belle Glade, FL

Property Size5,948 SF
Lot Size0.24 Acres
Price / SF$145.43
Days on Market2

Property Features for 416 Dr Martin Luther King Jr Blvd W

General Information

Property type Commercial Sale
Property subtype Other
Zoning description B-2 (cit
Directions Please use Google Maps.
Subdivision 4370
Standard status Active
APN 04374342050030030
Lot size 0.24 Acres

Additional Details

Individually Metered Utilities electricity

Taxes and HOA fees

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

Building Details

Year built 1947
Floors in Building 2
Building materials CBS (Concrete Block Structure), Block
Buildings 1
Listing Agency: EXP Realty LLC
Listed By: John Salt · License #3270043
Added: Oct 26 Last Checked: Oct 27 at 9:06AM
MLS# A12111333

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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This two-story, 30-unit apartment property includes a separate vacant corner lot, with both parcels offered together. The building contains approximately 5,948 square feet, and the combined land area is approximately 10,602 square feet. Unit interiors have new flooring and bathrooms, with electrical work completed and plumbing updated. Each unit has its own electric meter; the roof is reported as 10 years old. The property was built in 1947 and has B-2 commercial zoning. Buyers should verify zoning and permitted uses.

The corner site fronts Dr Martin Luther King Jr Blvd and SW Avenue E in Belle Glade. Nearby destinations include Winn-Dixie, the Bank of Belle Glade, the Lawrence E. Will Museum of the Glades and Palm Beach State College’s Belle Glade campus.

Key Highlights

  • 30 apartment units in a two‑story building
  • Approximately 5,948 SF of building area and 10,602 SF of land across two parcels
  • B‑2 commercial zoning; buyer to verify permitted uses

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

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
View Realmo Analytics

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 - Updated studio-style units are paired with a vacant corner parcel and frontage on two streets.
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 apartment units in a two‑story building; Approximately 5,948 SF of building area and 10,602 SF of land across two parcels; B‑2 commercial zoning; buyer to verify permitted uses
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved