656 Avenue C Pl Belle Glade, FL 33430
This exceptional 10-unit multifamily property, located at 656 SW Avenue C Place in Belle Glade, Florida, presents a compelling investment opportunity. Boasting a total of 3,960 square feet, this special purpose property, built in 1958, has undergone a complete renovation. The extensive upgrades include brand new flooring, electrical and plumbing fixtures throughout all units. Kitchens feature new cabinets and appliances, while bathrooms have been entirely remodeled. All units benefit from new air conditioning units, and the property showcases fresh interior and exterior paint. Further enhancing the property's appeal are newly landscaped grounds and a recently replaced roof. Situated in Palm Beach County, zip code 33430, this property benefits from Belle Glade's growing economy, fueled by a diverse range of industries beyond its traditional agricultural base. Major employers in the area include US Sugar, Florida Crystal, Sugar Cane Growers Cooperative of Florida, and Lakeshore Hospital, providing a strong and stable tenant pool. The property's strategic location offers convenient access to major business centers and population hubs across Southern Florida, within an hour's drive. This turnkey investment is ready for immediate income generation and offers significant potential for long-term appreciation. The asking price is $1,000,000. Lot size information is unavailable.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.