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Property profile & analytics
OFF-MARKET
Commercial real estate

217 5Th St Belle Glade, FL 33430

1,056 SF Built 1945
Individually Owned 2-yr Hold
Property ID
US18-2845980
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1945
Total area 1,056 SF
UPID US18-2845980
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Odeveloper · 2 yrs held
Odeveloper
since 2024
1 recorded transaction
2024
$27,100
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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