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    OFF-MARKET
    Commercial real estate

    511 5Th St, Belle Glade, FL 33430

    5,400 SF Built 1960
    Property ID
    US18-1258713
    Property summary
    AI-generated overview

    This unique 5,400 square foot property located at 511 SW 5th Street, Belle Glade, FL 33430, presents a compelling redevelopment opportunity. Built in 1960, this two-story structure previously functioned as a rooming house, boasting a total of 30 rooms. The building features robust "CBS" construction, twin "T" floor trusses, and a concrete roof, indicating a solid foundation despite its current condition. Each floor includes two complete bathrooms and two kitchen areas, offering potential for various layouts and configurations. It's important to note that the property sustained fire damage on the second floor in the past and is currently boarded up. The lot size is not specified. This property is being offered at an asking price of $150,000 and is classified as Special Purpose. The substantial square footage and existing infrastructure provide a strong base for a comprehensive renovation project, making it an attractive investment for developers and entrepreneurs seeking a unique challenge in the Belle Glade, Palm Beach County market. The property's location in Belle Glade, Florida offers access to local amenities and infrastructure. Serious inquiries are encouraged to explore the full potential of this redevelopment opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1960
    Total area 5,400 SF
    UPID US18-1258713
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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