Fully Remodeled Duplex
908 Southwest Ave D Belle Glade, FL 33430
For Sale
$305,000
Fully remodeled duplex featuring central AC and separate water and electric meters for each 2-bedroom, 1-bath unit.
Property Size1,232 SF
Price / SF$247.56
Days on Market166
Property Features for 908 Southwest Ave D
General Information
- Standard status
- Active
- Size
- 1,232 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1950
Listing Agency:
United Realty Group Inc
(954) 450-2000
Listed By:
Francisco Lora · License #3382529
(954) 450-2000
Source:
Compass
Added: Feb 8
Changed: Jul 23
Last Checked: Jul 23 at 5:28PM
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 United Realty Group Inc
Investment Insights
Based on property information with market context.
This fully remodeled duplex provides two separate 2-bedroom, 1-bath units, each equipped with central AC. The property has separate water and electric meters for each unit. Both units are currently tenant-occupied, with one unit leased on a month-to-month basis and the other with a lease in place through October 2026.
The property is located at 908 Southwest Ave D in Belle Glade, Florida 33430. Per the provided information, zoning R2 allows up to 10 units.
Offers must be submitted with proof of funds or a pre-approval letter. Showings are to be scheduled within the inspection period of the contract and buyers must do their own due diligence.
The property is located at 908 Southwest Ave D in Belle Glade, Florida 33430. Per the provided information, zoning R2 allows up to 10 units.
Offers must be submitted with proof of funds or a pre-approval letter. Showings are to be scheduled within the inspection period of the contract and buyers must do their own due diligence.
Key Highlights
- Fully remodeled duplex built in 1950 with central AC
- Two 2‑bedroom, 1‑bath units (tenant‑occupied)
- Separate water and electric meters for each unit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.0k | $25.20 |
| − Vacancy | −$1.7k | −$1.39 |
| EGI | $29.3k | $23.81 |
| − OpEx | −$8.8k | −$7.14 |
| NOI | $20.5k | $16.67 |
1,232 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$293.4K
$256.7K – $342.3K
NOI $20,537 @ 7.0% cap · market cap 6.73%
Second Best
Apartment 5plus
$270.7K
$236.8K – $315.8K
NOI $18,947 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$867.6K
$759.2K – $1.01M
NOI $60,735 @ 7.0% cap · market cap 19.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully remodeled duplex featuring central AC and separate water and electric meters for each 2-bedroom, 1-bath unit.
Where is this duplex located?
The property is located at 908 Southwest Ave D Belle Glade, FL.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Fully remodeled duplex built in 1950 with central AC; Two 2‑bedroom, 1‑bath units (tenant‑occupied); Separate water and electric meters for each unit
