733 Dr M.l.k. Jr ,Multi Family for Sale & Rent

733 Dr M.l.k. Jr for Sale & Rent

Price $2,250,000.00

• Lot size 14550
• Year Build 1959
• Waterfront
• Zip 33430
• Style
• Parking Description Common, Free Parking, On Street
• Pool Yes
• Status Active

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.

31-43-37, SUB BY STATE SURVEY W 85 FT OF E 580 FT OF S 84.85 FT OF N 1294.85 FT OF LT 30 /LESS S 10 FT SR R/W/

1/2 To Less Than 3/4 Acre Lot, Less Than 1 Acre

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.

City:Belle Glade,Roof:1:Tar & Gravel Roof,Sewer:1:Public Sanitation,2:Sewer,Zoning:R-3,Country:United States,List A O R:BeachesMLS,Stories:3,Tax Year:2025,Flooring:1:Wood,Latitude:26.6823662,Cooling Y N:1,Heating Y N:1,List Price:2250000,Listing Id:B26046401,Longitude:-80.6755086,Mls Status:Active,Ownership:Limited Partnership,Utilities:1:Water Connected,2:Electricity Available,3:Sewer Available,4:Water Available,Year Built:1959,Directions:From West Palm Beach, take Southern Blvd. (US-98/SR-80) west to Belle Glade. Continue into downtown Belle Glade, turn left onto Main Street, then right onto Dr. Martin Luther King Jr. Blvd. W. Property is on the left.,Inclusions:Building Only, Business And Building,Postal Code:33430,Street Name:Dr M.l.k. Jr,Coordinates:1:26.6823662,Gross Income:252336,Lot Features:1:Less Than 1 Acre,Photos Count:8,Days On Market:1,Leasable Area:14450,Listing Terms:1:Conventional,2:Exchange,3:Owner Will Carry,4:Owner Hold 2nd Mortgage,Lot Size Acres:0.51,Lot Size Units:Square Feet,M I A M I R E_ Area:5560,On Market Date:2026-06-27,Parcel Number:04374331010301020,Parking Total:30,Property Type:Commercial Sale,Stories Total:3,Street Number:733,Street Suffix:Boulevard,Open Parking Y N:1,Ownership Type:Limited Partnership,Public Remarks: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.,County Or Parish:Palm Beach County,Documents Count:2,Expiration Date:2026-09-26,List Office Name:Palm Beach Property Buyers LLC,Listing Service:Limited Service,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Parking Features:1:Free Parking,2:On Street,Property Sub Type:Multi Family,State Or Province:FL,Street Dir Suffix:W,Tax Annual Amount:18678,Total Actual Rent:252336,Unparsed Address:733 Dr M.l.k. Jr Boulevard W, Belle Glade FL 33430,M I A M I R E_ Blogging:1,Security Features:1:Smoke Alarm,2:Smoke Detector(s),3:Smoke Detector,4:No Security,Year Built Details:Resale,Building Area Total:14550,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Num Floors:3,M I A M I R E_ Num Meters:28,Number Of Buildings:2,Original List Price:2250000,Property Condition:1:Updated/Remodeled,2:Completely Renovated,Building Area Source:Appraisal,Documents Available:1:Site Plans,I D X Participation Y N:1,Number Of Units Total:30,Syndication Remarks: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.,Listing Contract Date:2026-06-27,Originating System I D:miamire,Showing Instructions:Call Listing Agent,Elect Lockbox-Call List Agent,Pet On Premises,Street Number Numeric:733,Tax Legal Description:31-43-37, SUB BY STATE SURVEY W 85 FT OF E 580 FT OF S 84.85 FT OF N 1294.85 FT OF LT 30 /LESS S 10 FT SR R/W/,Electric On Property Y N:1,Gross Scheduled Income:252336,M I A M I R E_ Current Price:2250000,M I A M I R E_ Milesto Beach:45,Construction Materials:1:Sheet Rock,M I A M I R E_ Total Mortgage:1000000,M I A M I R E_ Year Installed:1959,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Parcel Number M L X:0437,M I A M I R E_ Separate Meter Y N:1,Contract Status Change Date:2026-06-27,Distance To Freeway Numeric:30,Internet Address Display Y N:1,Number Of Units In Community:30,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),M I A M I R E_ Subdivision Number:314337,M I A M I R E_ Acreage Description:1/2+ To 3/4 Acre,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Parking Space Number:30,M I A M I R E_ Agent Alternate Phone:561-866-6399,M I A M I R E_ Approx Sqft Total Area:22215,M I A M I R E_ Maximum Leasable Sqft:14450,M I A M I R E_ Property Description:Renovated 30-Unit Multifamily,M I A M I R E_ Inc Exp Statement Period:01/01/2025,Internet Entire Listing Display Y N:1,M I A M I R E_ Dade Market Amt Assessed Amt:642266,M I A M I R E_ Multiple Offers Accepted Y N:1,Internet Automated Valuation Display Y N:1,