Financial
Distress signals
Property profile

241 NW 11Th St Belle Glade, FL 33430

FOR SALE
Residential income homes
Property ID
US18-5567151
3,100 SF 0.47 ac lot Built 1979
Last sale Feb 2022 · $1,155,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years.
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Property summary

AI-generated overview

241 NW 11th St in Belle Glade, Florida is a 16-unit multifamily property made up of two adjacent eight-unit buildings constructed in 1979 using concrete block. The units are primarily 2-bedroom, 1-bath floorplans, and each unit has individually metered utilities. The site includes 21 surface parking spaces and is located on a 0.47-acre lot in central Belle Glade, with proximity to schools, shops, and employers. The buildings provide approximately 13,220 square feet of living area and are configured to support multifamily residential occupancy.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$724k
Assessed land$40k
Assessed improvement$684k
Effective rate2.61%

Value estimate

· Sep 2026
$1.11M
$995k – $1.22M
AI approach$1.16M
CAP approach$795k
Sales comparison$1.22M
NOI build-up
Gross scheduled income$387k
Vacancy & credit loss−$17k
Operating expenses−$166k
NOI · 15.06% cap applied$203k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$686/SF
County average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$383 – $1,084

Cap rate analysis

How does the asset earn?
15.06%
$203k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R-2
The intent of this zone is to provide single family, two family, multi family and four family units to the community
General categoryRESIDENTIAL
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.3
Tailor Shop9.1
Smoke and Vape Shop8.8

Location

241 NW 11Th St Belle Glade, FL 33430
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 10 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
700 Ave A, Belle Glade, FL 33430-3056 $230,000 Apr 2022 1,095 SF
3405 State Rd 15, Belle Glade, FL 33430 $5,013,442 Mar 2022 1,294 SF
501 10th, Belle Glade, FL 33430-3752 $368,000 Jul 2021 2,496 SF
33 Ave C, Belle Glade, FL 33430-3153 $1,060,000 Mar 2021 1,853 SF
565 Ave A, Belle Glade, FL 33430-5733 $525,000 Nov 2019 8,280 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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