241 NW 11th 1 Street, Unit 13Belle Glade, FL 33430MLS Number R11114625

  • Price: $1,350,000
  • 323 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jun 25, 2026
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241 NW 11th 1 Street Belle Glade FL 33430241 NW 11th 1 Street Belle Glade FL 33430241 NW 11th 1 Street Belle Glade FL 33430241 NW 11th 1 Street Belle Glade FL 33430241 NW 11th 1 Street Belle Glade FL 33430241 NW 11th 1 Street Belle Glade FL 33430241 NW 11th 1 Street Belle Glade FL 33430241 NW 11th 1 Street Belle Glade FL 33430241 NW 11th 1 Street Belle Glade FL 33430241 NW 11th 1 Street Belle Glade FL 33430241 NW 11th 1 Street Belle Glade FL 33430241 NW 11th 1 Street Belle Glade FL 33430241 NW 11th 1 Street Belle Glade FL 33430241 NW 11th 1 Street Belle Glade FL 33430241 NW 11th 1 Street Belle Glade FL 33430
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  • 0.47Acreage
  • 17Bathrooms
  • 1979Year Built
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.
Listing by Keller Williams Realty Boca Raton

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Boca Raton, FL 33431

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Basic Information

  • Tenant Pays Cable TV, Electricity, Sewer, Water
  • Unit Number13

Location

  • Address241 NW 11th 1 Street
  • Area5560
  • Building Number241
  • CountyPalm Beach
  • StateFL
  • StreetNW 11th 1 Street
  • TownBelle Glade
  • Zip33430

Utilities

  • Electric 110 Volts,3 Phase, Separate Meters
  • Heat SystemWall Furnace
  • Heating YN Yes
  • Waste Water DisposalPublic Sewer

Other

  • Date Listed08/11/2025
  • Documents Available Deed, Financials, Ground Photo, Lease
  • Possession Close Of Escrow, Negotiable
  • View Count10

Tax Information

  • Tax Legal Description LAKESHORE HGTS SUB PL 2 LTS 11 & 12
  • Tax Year 2024
  • Taxes$19,051

Building

  • Building ConstructionConcrete
  • Stories2
  • Units16
  • Year Built1979

Interior

  • Flooring Other

Exterior

  • RoofComposition

Amenities

  • Cooling Wall/Window Unit(s)
  • Cooling YN Yes
  • Security Features Fire Alarm

Legal

  • Parcel Number 04374331300000110
  • Universal Parcel Id urn:reso:upi:2.0:US:12099:04374331300000110

Rooms

  • Bathroom17

Basic Information

  • List Price$1,350,000
  • MLS NumberR11114625
  • Modification Date06/24/2026
  • Property SubTypeMulti Family
  • Property TypeCommercial Sale
  • StatusActive With Contract
  • Virtual TourView Tour

Property Information

  • Acreage0.47
  • Property Sub Type Additional Multi Family

Water Body

  • Water AccessPublic

Based on information submitted to BeachesMLS as of June 30, 2026 7:13 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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