Renovated 30-Unit Apartment
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 Size0.11 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
Lot features
<1 Acre
Directions
Please use Google Maps.
Standard status
Active
APN
04374342050030030
Lot size
0.11 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
Utilities
Utilities
Water Available
Water source
Public
Building Details
Buildings
1
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
John Salt · License #3270043
(786) 485-0888
Added: Oct 26
Last Checked: Oct 28 at 4:06AM
MLS# A12113215
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.
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Investment Insights
Based on property information with market context.
This renovated two-story apartment property contains 30 studio-style units across approximately 5,948 SF. Improvements include new flooring, bathrooms and electrical systems, along with updated plumbing and fresh paint. The roof is 10 years old, and each unit has its own electric meter. Water is owner-paid when occupied.
The offering combines two parcels, including the building and a vacant corner lot. The property has frontage on Dr Martin Luther King Jr Blvd and SW Avenue E and is zoned B-2 commercial. The stated zoning should be verified for any proposed use.
The offering combines two parcels, including the building and a vacant corner lot. The property has frontage on Dr Martin Luther King Jr Blvd and SW Avenue E and is zoned B-2 commercial. The stated zoning should be verified for any proposed use.
Key Highlights
- 30 studio‑style units in a two‑story building
- Approx 5,948 SF building
- 30 separate electric meters
Property Analytics
Who owns this building?
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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
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Studio-style units feature individual electric meters, with a separate vacant corner parcel included in the sale.
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; Approx 5,948 SF building; 30 separate electric meters
