217 5Th St Belle Glade, FL 33430
This exceptional investment opportunity presents a 1,056 square foot mixed-use property located at 217 NW 5th Street, Belle Glade, Florida, 33430. Situated in Palm Beach County, this property is one of two adjacent lots zoned B-2 Restricted Business, offering significant redevelopment potential. The existing structure, built in 1945, is slated for demolition; the buyer will be responsible for this process. The property is sold "as is." The B-2 zoning allows for a variety of uses, including but not limited to daycare, after-school care, multi-family dwellings, a deli/coffee shop, beauty salon, or retail space. Its advantageous location across from Hand Park makes it highly attractive for businesses catering to families and the local community. The asking price for this property is $55,000. Please note that this listing is for only one of two adjacent properties; both must be purchased together. Detailed zoning information is available upon request. This is a unique chance to acquire a prime piece of land in a growing area, ready for your vision. The lot size is not specified.
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
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.