FOR SALE

43 Unit Apartment Building and 2 Commercial Units

417 SW 6th Street, Belle Glade, Florida 33430

Fisher Auction Company is pleased to present via an Online Auction Event a 43 Unit Multifamily Apartment Building with Retail and Commercial Space in Belle Glade, Florida.

PROPERTY HIGHLIGHTS

• Prime Investment Property with 43 Apartments and a Retail /Commercial Building

• Units and Building have been recently renovated and consist of 1,2 and 3 Stories

• Close Proximity to Lake Okeechobee and Wildlife Sanctuaries

• Central Location to Employment Centers with attractive commute times that include 1 Hour to West Palm Beach, 1.5 Hours to Miami and 1.45 Hours to Fort Myers

• Major Air Travel is located within 1 Hour to Palm Beach International Airport

• Perfect Investment with good monthly gross and above average occupancy

• Palm Beach County is experiencing Rising Job Growth, a Healthy Jobs Market and Steady Residential Construction

• Belle Glade has easy access to main transportation networks in the South Florida metropolitan area. The city has a stable economy supported by the manufacturing, retail, and healthcare sectors.

PROPERTY DETAILS

• Address: 417 Southwest 6th Street, Belle Glade, Florida 33430

• Location: Northeast Corner of SW 6th Street and Dr. MLK Blvd

• Directions: From US Highway 27 go East on E Palm Beach Road. Continue to Dr MLK Blvd. Turn left and proceed to SW 6th Street. Property is on the Northeast Corner

• Access: SW 6th Street, SW Avenue E and SW 5th Street

• Building Size: 17,556± Gross Square Feet. 16,720± Rentable Square Feet

• Land Area: 20,473± Square Feet / .47± Acres

• Current Use: 43 Multifamily Rental Apartments and Retail and Office Lease

• Construction: Concrete Masonry Construction, Single Pane Aluminum Windows, Built-Up Tar & Gravel Roofing

• HVAC: Window Units

• Year Built: 1957, Recent Renovations

• Frontage: 75± Feet along SW 6th Street and SW 5th Street and 275± Feet along Dr MLK Blvd

• Zoning: B-2, Business District. See the Zoning Section for Permitted Uses and Building Requirements

• Taxes: 2024 Total - $29,613.00

• Parcel Control No.: 04-37-43-31-15-002-0010

• Flood Zone: Zone X

• Utilities: Individually Metered Municipal Water and sewer (Tenant Pays)

• Electric: Individually Metered Units (Tenant Pays)

• Parking: 19 Surface Parking Spaces

• Unit Mix: 24 Efficiencies | 19 One Bedroom Units

• Unit Size: Efficiencies - 330± SF | One Bedroom Units - 400± SF

• Commercial Building: Two Units totaling 1,200± SF

UNIT MIX

Unit Type - Studio | Area - 330± SF | Total Count - 24 | Total Area - 7,920± SF

Unit Type - 1 BR, 1 BA | Area - 400± SF | Total Count - 19 | Total Area - 7,600± SF

Unit Type - Commercial Units | Area - 600± SF | Total Count - 2 | Total Area - 1,200± SF