241 NW 11th 1 Street # 13 Belle Glade, FL $ 1,350,000
241 NW 11th 1 Street # 13
$ 1,350,000
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241 NW 11th 1 Street # 13

Belle Glade, FL, 33430
$ 1,350,000
Bedrooms-- Baths17.0 Sq 13,220

Monthly Estimate*

$ 8,422

241 NW 11th 1 Street # 13, Belle Glade, FL 33430 - Image 1
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241 NW 11th 1 Street # 13, Belle Glade, FL 33430 - Image 8
241 NW 11th 1 Street # 13, Belle Glade, FL 33430 - Image 9
241 NW 11th 1 Street # 13, Belle Glade, FL 33430 - Image 10
241 NW 11th 1 Street # 13, Belle Glade, FL 33430 - Image 11
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241 NW 11th 1 Street # 13, Belle Glade, FL 33430 - Image 15
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Commercial Property for sale in Belle Glade, FL

for $1,350,000 with 17 full baths. This 13,220 square foot building was built in 1979.

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.

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Commercial Contingent

Price

$ 1,350,000

Full Bath

17

Property Type

Commercial

Taxes

$ 19,051

Style

Income

Year Built

1979

Town/City

Belle Glade

County/Region

Palm Beach

MLS | Web ID

RX11114625

Features
General
Construction Concrete
Heating Window/Wall
Cooling Wall-Win A/C
Utilities 110 Electric Public Sewer Public Water Separate Meter
Possession At Closing Funding
Roof Comp Shingle
Zoning R2(cit
Status Active Under Contract
Year Built 1979
Subdivision LAKESHORE HEIGHTS 2
Stories Count 2.0
Type MultiFamily (5+ Units)
Property Type E
Area 5560
Unit Number 13
Auction No
Tax Year 2024
Terms Considered Cash Conventional
Use Income
Virtual Tour https://www.propertypanorama.com/241-NW-11th-1-Street-13-Belle-Glade-FL-33430/unbranded
Geo Area PB25
Legal Description LAKESHORE HGTS SUB PL 2 LTS 11 & 12
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Interior
Flooring Other
Total Number of Units 16
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Exterior
Waterfront None
Lot Size 0.47
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Internal Only
OriginalMLSID RX-11114625
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* Excluded Features
List By
Daniel Karp

Listing Agent

Keller Williams Realty Boca Raton

Broker

dankarp@kw.com

Email

Affordability Calculator

$10,010
Per Month
84%
16%
0%
Monthly Principal & Interest
$8,422
Monthly Property Taxes
$1,588
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
368239 Elementary School
368240 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/11/2025$1,350,000 Listed Price

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241 NW 11th 1 Street # 13, Belle Glade, FL, 33430 is a Commercial Property for sale at $1,350,000 with 13,220 sqft. 241 NW 11th 1 Street # 13 has 17.0 baths and was built in 1979. The property's zip code is 33430 which is in Belle Glade, FL