511 5Th St Belle Glade, FL 33430
- Commercial real estate
- 5,400 SF
Current Use by Public Records
- Commercial real estate
Property Details for 511 5Th St
- Year built
- 1960
- Property size
- 5,400 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Belle Glade
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.673014
- Latitude
- 26.6815318
