Modern Living Group
 Residence
 Residence photo 1
 Residence photo 2
 Residence photo 3
 Residence photo 4
 Residence photo 5
8 photos
 Residence photo 1
 Residence photo 2
 Residence photo 3
 Residence photo 4
 Residence photo 5
 Residence photo 6
 Residence photo 7
 Residence photo 8
$2,250,000ACTIVE

733 Dr M.l.k. Jr Boulevard W, Belle Glade, FL

beds0baths14,550sq ft$155/ sq ft
THE RESIDENCE

About this home

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.

THE DETAILS

Property details

List Price$2,250,000
Price / Unit$75,000
Units30
Cap Rate8.62%
Gross Income$252,336/yr
Net Operating Income$193,976
Inside Sq FtN/A
Year Built1959
ConstructionBlock
FlooringTile, Wood
Zoning R-3
Property TypeMultiFamily
MLS #B26046401
StatusActive
Original List Price$2,250,000
GRM8.9
Stories3
Lot Size0.51 acres
Show all details (4 more)
Days on Market0
Annual Taxes$18,678
CityBelle Glade
Zip Code
LOCATION

Where you'll live

Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
Luxury Specialist

Request a showing

Schedule in 60 seconds · Cancel Anytime
SELECT DATE

Monthly payment


Estimated monthly payment

BeachesMLSListing courtesy of Palm Beach Property Buyers LLC · h.souwed@gmail.com. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.