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Property profile

408 Dr Martin Luther King Jr E Blvd Belle Glade, FL 33430

OFF-MARKET
Office buildings
Property ID
US18-3597291
9,625 SF 0.46 ac lot Built 1988
Last sale Dec 2024 · $390,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a two-story flex building in shell condition, offering space configured to combine warehouse and office uses. The interior layout is largely open on both floors, providing a flexible floorplate that can support a variety of tenant or user configurations. According to the City, the property is zoned B-2 (including R-3) and the City indicates it may be convertible to multifamily housing; however, such conversion information is stated as not warranted. The building is designed to be used in a manner suitable for leasing as a combined warehouse/office facility.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$465k
Assessed land$28k
Assessed improvement$437k
Effective rate2.97%

Value estimate

· Oct 2026
$355k
$320k – $391k
AI approach$405k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$397/SF
County average, outlier-cleaned · 950 recorded sales of this use type
Observed band · Q1–Q3$225 – $663
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-1
The intent of this zone is to provide single family dwellings to the community
General categoryRESIDENTIAL
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.6
Dental Office10.8
Electrical Service10.1

Location

408 Dr Martin Luther King Jr E Blvd Belle Glade, FL 33430-4030
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2001 16th, Belle Glade, FL 33430-1203 $555,000 Nov 2023 2,600 SF
655 Main, Belle Glade, FL 33430-3915 $355,000 Jun 2023 1,308 SF
915 Main, Belle Glade, FL 33430-4905 $460,000 Mar 2019 4,788 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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