555 16th St Belle Glade, FL 33430-2407
This exceptional mixed-use property, located at 555 NW 16th Street in Belle Glade, Florida, presents a compelling redevelopment opportunity. The 2003-built structure comprises four units, offering significant potential for a variety of commercial ventures. Currently in shell condition, the building's flexible layout allows for diverse uses, catering to entrepreneurs seeking a blank canvas for their vision. The property is zoned B-2, a designation that opens doors to a wide range of possibilities, including offices, retail spaces, social clubs, funeral homes, banks, and restaurants. The asking price is $360,000. Situated in Palm Beach County, Florida, with a zip code of 33430, this property boasts a prime location within Belle Glade. While the lot size is not specified, the building's existing structure and versatile zoning provide a strong foundation for a successful commercial undertaking. This is an ideal investment for those seeking a project with high upside potential in a dynamic market. The property's current state allows for complete customization, enabling the new owner to tailor the space to their specific needs and business plan. This presents a unique chance to create a thriving commercial enterprise in a growing community.
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New Life Tabernacle Belle Glade, United Pentecostal Church Church
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.