225 5th St, Belle Glade, FL 33430-5835
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Belle Glade, FLBelle Glade. Always verify with local authorities before improvements.
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.