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    225 5Th St Belle Glade, FL 33430

    For Sale
    $55,000

    Prime B-2 Zoned Lot, Redevelopment Opportunity

    Property size:
    1,320 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Belle Glade investment opportunity presents two adjacent properties totaling 2,640 square feet (each property is 1,320 square feet), ideally situated across from Hand Park at 225 NW 5th Street, Belle Glade, FL 33430. Both properties are zoned B-2 Restricted Business, offering a wide array of potential uses. The zoning allows for uses such as daycare centers, multi-family dwellings, delis, coffee shops, beauty salons, and various retail establishments (refer to provided B-2 zoning documents for a complete list). Built in 1945, these properties are being sold together for $55,000 and are designated as tear-downs, requiring demolition by the buyer. The sale is AS IS. This presents a unique chance to acquire a substantial lot in a desirable location, perfect for redevelopment into a profitable venture. The properties are located in Palm Beach County and offer significant potential for investors seeking a prime location for a new development. The combined lot size is not specified. This is a rare opportunity to acquire a significant parcel of land in a growing area. Act quickly, as this property is expected to generate considerable interest.

    Property Features for 225 5Th St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,320 SF

    Building Details

    Year Built
    1945

    HighLights

    • $55,000 asking price for a mixed‑use property.
    • 1,320 square feet.
    • Located at 225 NW 5th Street, Belle Glade, FL 33430.
    • Built in 1945.
    • Zoned B‑2 Restricted Business, suitable for daycare, multi‑family, retail, or other uses.
    • Property is a tear‑down; buyer responsible for demolition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belle Glade
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.6726146
    Latitude
    26.687322

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    FAQs

    What type of property is this?
    Mixed-use property - Prime B-2 Zoned Lot, Redevelopment Opportunity
    Where is this mixed-use property located?
    The property is located at 225 5Th St Belle Glade, FL.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: $55,000 asking price for a mixed-use property.; 1,320 square feet.; Located at 225 NW 5th Street, Belle Glade, FL 33430.
    Request Owner's contact information
    225 5Th St Belle Glade, FL 33430
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    Belle Glade, FL 33430
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    225 5Th St Belle Glade, FL 33430
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