30-Unit Apartment
New
For Sale
$865,000
416 W Dr Martin Luther King Jr Boulevard W, Belle Glade, FL 33430
Each unit is arranged as a studio, with B-2 commercial zoning.
Property Size5,948 SF
Lot Size0.24 Acres
Price / SF$145.43
Days on Market6
Property Features for 416 W Dr Martin Luther King Jr Boulevard W
General Information
Standard status
Active
Size
5,948 SF
Lot size
0.24 Acres
Property subtype
Quadruplex
Zoning
B-2 COMMERCIAL
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Multifamily Units
30
Individually Metered Utilities
electricity
Taxes and HOA fees
Annual Taxes
$7,376
Building Details
Building Size
5,948 SF
Year Built
1947
Buildings
1
Stories
2
Listing Agency:
EXP Realty LLC
Listed By:
John Salt · License #3270043
(786) 485-0888
Source:
Meyerlucas
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 30 at 11:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC
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Investment Insights
Based on property information with market context.
This two-story apartment property contains 30 studio-style units within a 5,948-square-foot building. The combined offering includes two parcels with 10,602 square feet of land, including a vacant corner lot. Building improvements include new flooring and bathrooms, new electrical, updated plumbing, and fresh paint. The roof is 10 years old, and each unit has a separate electric meter. The owner pays for water; the reported cost is omitted here because pricing and monetary amounts are excluded.
The corner property has frontage on Dr Martin Luther King Jr Blvd and SW Avenue E in Belle Glade. Nearby destinations include Winn-Dixie, Bank of Belle Glade, and the Lawrence E. Will Museum of the Glades. Palm Beach State College’s Belle Glade campus is 5 minutes away, and Lakeside Medical Center is 8 minutes away.
The property is zoned B-2 commercial. The vacant lot is part of the sale with the building; buyers should confirm zoning and permitted uses.
The corner property has frontage on Dr Martin Luther King Jr Blvd and SW Avenue E in Belle Glade. Nearby destinations include Winn-Dixie, Bank of Belle Glade, and the Lawrence E. Will Museum of the Glades. Palm Beach State College’s Belle Glade campus is 5 minutes away, and Lakeside Medical Center is 8 minutes away.
The property is zoned B-2 commercial. The vacant lot is part of the sale with the building; buyers should confirm zoning and permitted uses.
Key Highlights
- 30 studio‑style units in a 5,948‑square‑foot, two‑story building
- Two parcels totaling 10,602 square feet of land, including a vacant corner lot
- Corner frontage on Dr Martin Luther King Jr Blvd and SW Avenue E
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
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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 - Each unit is arranged as a studio, with B-2 commercial zoning.
Where is this apartment building located?
The property is located at 416 W Dr Martin Luther King Jr Boulevard 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 5,948‑square‑foot, two‑story building; Two parcels totaling 10,602 square feet of land, including a vacant corner lot; Corner frontage on Dr Martin Luther King Jr Blvd and SW Avenue E
