600 S Main St - Apartments FOR SALE


Belle Glade, FL 33430
$500,000 USD
954-816-0756
600 S Main St, Belle Glade, FL for Sale
$500,000 USD
Apartments - FOR SALE
1/1
null | 8.56% Cap Rate

600 S Main St
Belle Glade, FL 33430


HIGHLIGHTS

  • Great location with a B-1 business district
  • Upside income potential.

OVERVIEW

Fantastic opportunity. 6 residential units with a great location within the City of Belle Glade. Each unit has a different lay out and square footage allowing the potential buyer to update the spaces and increase the rental rates. Each property has individual meters for water/sewer and FPL services. Unit 1 has three apartments: Apartment 1 is a 1 bedroom / 1bathroom, Apartment 2 is a large 2 bedroom/1bathroom, Apartment 3 is a 3 bedroom/1bathroom. Unit 2 has two apartments each one is a 2-bedroom 1 bathroom Unit 3 is a single-family home with 2-bedroom 1 bathroom

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$98 USD /SF

# OF UNITS

6

PRICE/UNIT

$83,333

CAP RATE

8.56%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hani Building

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

B-1

APN/PARCEL ID

04-37-43-42-01-006-0080

ASK ABOUT THIS PROPERTY

Elizabeth StrehseCasteland Real Estate Corp.More Info
954-816-0756

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Elizabeth StrehseCasteland Real Estate Corp.More Info
954-816-0756

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.