Property Details
| Sold Price | $1,270,000 |
|---|---|
| Last Asking Price | $1,350,000 |
| Price per SqFt | — |
| Maintenance fee | Inquire |
| Property Taxes | $19,052 2024 |
| Interior Space | — |
| Beds/Baths | —/— |
| Year Built | 1979 |
| Lot Size | 0.47 acres |
| Closed Date | 4/1/2026 |
| MLS # | R11114625 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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.
Listed by Keller Williams Realty Boca Ra
Sales History for This Home · 241 NW 11th 1 Street 13, Belle Glade, FL 33430
Sales history is unavailable for this property
Listed by Keller Williams Realty Boca Ra. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Belle Glade and throughout South Florida.
Ask Mark About This Listing
Questions, showings, offers. This goes straight to Mark Zilbert.
A question about the website itself, such as something broken, the Terms, or your account? Use the site-help form
This goes to the site team at [email protected], not into the real-estate pipeline.
Location
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.