241 NW 11th 1 ST #13, Belle Glade, FL 33430
241 NW 11th 1 ST #13, Belle Glade, FL 33430
241 NW 11th 1 ST #13, Belle Glade, FL 33430
15
See all 15 photos
$1,270,000
$1,350,000 5.9%
Est. payment /mo
17 Baths
13,220 SqFt
Sold on 04/01/2026

241 NW 11th 1 ST #13 Belle Glade, FL 33430

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Lynda Molina
Lynda Molina

Realtor License ID: 3439217

+1(561) 818-7101

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Phone*
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Key Details

Sold Price $1,270,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 13,220 sqft

Price per Sqft $96

MLS Listing ID R11114625

Sold Date 04/01/26

HOA Y/N No

Year Built 1979

Annual Tax Amount $19,051

Tax Year 2024

Contingent None

Lot Size 0.470 Acres

Acres 0.47

Property Sub-Type Multi Family

Property Description

241 NW 11th St is a 16-unit multifamily property made up of two adjacent 8-unit buildings. Built in 1979 with durable concrete block construction, it features mostly 2 bed / 1 bath units, individually metered utilities, and 21 surface parking spaces. The property is 100% occupied, generating a operating income (NOI) of approximately $108,000.

Located in central Belle Glade, it's within walking distance to schools, shops, and employers. Offered at $1,350,000, the investment delivers a cap rate between 8-9.37%, a GRM of 6.95, and a price per unit of ~$84K.

An ideal value-add or turnkey opportunity in South Florida's workforce housing market.

Location

State FL

County Palm Beach

Area 5560

Zoning R2(cit

Interior

Interior Features InteriorFeatures

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Other

Fireplace No

Exterior

Water Access Desc Public

Roof Type Composition

Building

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Concrete

Others

Tax ID 04374331300000110

Security Features Fire Alarm

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash


BeachesMLS, Inc. (FLR) IDX
Listed by Daniel Karp Keller Williams Realty Boca Ra
Bought with  Rollande Joseph Regency Realty Services

GET MORE INFORMATION

Lynda Molina

Lynda Molina

Realtor License ID: 3439217

+1(561) 818-7101

Name
Phone*
Message

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241 NW 11th 1 ST #13