612 6Th St Belle Glade, FL 33430
This exceptional investment opportunity presents a fully renovated, seven-unit multifamily property located at 612 SW 6th Street, Belle Glade, Florida, 33430. The property boasts a total of 5,056 square feet and sits on a lot with dimensions not specified. Built in 1954, this property has undergone a complete transformation. Renovations include brand new flooring throughout all seven units, updated electrical and plumbing fixtures, modern kitchen cabinets, and completely remodeled bathrooms. Each unit features new appliances and new air conditioning units. Both the interior and exterior have received fresh coats of paint, and the grounds have been landscaped. This property is ideally situated in Belle Glade, a city experiencing growth beyond its traditional agricultural base. The area benefits from a strong labor pool and convenient access to major businesses and population centers across Southern Florida, within an hour's drive. Significant employers in the region include US Sugar, Florida Crystal, Sugar Cane Growers Cooperative of Florida, and Lakeshore Hospital. This turnkey investment offers immediate income potential and strong long-term growth prospects in a thriving community. The asking price for this remarkable property is $995,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.