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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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733 Dr M.L.K. Jr Boulevard W , Belle Glade, FL 33430
$2,250,000
Est. Payment: $11,355.92/mo
0 Bed
0 Bath
14550 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Exceptional opportunity to acquire a renovated 30-unit multifamily apartment building in Belle Glade, Palm Beach County. Originally built in 1959 and extensively renovated in 2021, the property features a new roof, impact-resistant windows and doors, updated PVC plumbing, new electrical panels, and numerous interior and exterior improvements. Situated on approximately 0.51 acres, this income-producing asset offers investors a well-maintained apartment community in a high-demand rental market. Conveniently located near shopping, schools, public transportation, major employers, and US-98/SR-80, with easy access to Florida's Turnpike. A turnkey multifamily investment with significant recent capital improvements in one of Palm Beach County's established rental markets Showings by appointment only. Do not disturb tenants or enter the property without prior authorization. Proof of funds or lender pre-approval is required before scheduling a tour. Financial information, rent roll, operating statements, and due diligence materials are available upon request after seller approval and, if required, execution of a confidentiality agreement. Buyer and buyer's broker are responsible for independently verifying all information, including income, expenses, dimensions, zoning, permits, and intended use. Property tours are by appointment only.

Highlights

Listed by Jason Souwed , 561-866-6399 Palm Beach Property Buyers LLC , 561-866-6399. REALTOR Association of Greater Miami and the Beach

Property Type

Commercial Sale

Lot/Acreage
0.51

Year Built

1959

County

Palm Beach

Area

5560

Listing ID

B26046401

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Hardwood,Tile,Wood
Other:Public

Exterior Features

Lot:<1 Acre
Garage Capacity:30
Zoning: R-3
Roof:Tar/Gravel
Sewer:Public Sewer
Parking Features:Accessible Parking,Common,Free Parking,On Street
Principal Interest
$11,356
Taxes
$1,557

Home Price

$2,250,000

Loan Details

30 yrs
6.482%

Down Payment

20%
$450,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,355.92

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,355.92 $1,556.50 $0.00 $12,912.42
Yearly $136,271.10 $18,678.00 $0.00 $154,949.10
Total $4,088,132.97 $560,340.00 $0.00 $4,648,472.97

Today's Rates

30 Year

6.48%

20 Year

6.26%

15 Year

5.94%

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Market insight data is pulled from the same city as the listing being viewed (Belle Glade, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-02T03:56:26.000Z

© 2026 REALTOR Association of Greater Miami and the Beach