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600 S Main St
Belle Glade, FL 33430

Hani Building · Residential Property For Sale · 6 Units

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Investment Highlights

Great location with a B-1 business district

Upside income potential.

Executive Summary

Fantastic opportunity. 6 residential units with a great location within the City of Belle Glade. Each unit has a different lay out and square footage allowing the potential buyer to update the spaces and increase the rental rates. Each property has individual meters for water/sewer and FPL services.
Unit 1 has three apartments: Apartment 1 is a 1 bedroom / 1bathroom, Apartment 2 is a large 2 bedroom/1bathroom, Apartment 3 is a 3 bedroom/1bathroom.
Unit 2 has two apartments each one is a 2-bedroom 1 bathroom
Unit 3 is a single-family home with 2-bedroom 1 bathroom

PROPERTY FACTS

Price Per Unit	£65,275	Apartment Style	Single Family Home
Sale Type	Investment	Lot Size	0.40 AC
Net Initial Yield	8.56%	Building Size	5,097 SF
Sale Conditions	Deferred Maintenance	Average Occupancy	100%
No. Units	6	Number of Floors	1
Property Type	Residential	Year Built	1955
Property Subtype	Apartment General Retail Storefront Retail/Residential	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price Per Unit	£65,275
Sale Type	Investment
Net Initial Yield	8.56%
Sale Conditions	Deferred Maintenance
No. Units	6
Property Type	Residential
Property Subtype	Apartment General Retail Storefront Retail/Residential
Apartment Style	Single Family Home
Lot Size	0.40 AC
Building Size	5,097 SF
Average Occupancy	100%
Number of Floors	1
Year Built	1955
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

Air Conditioning
Tile Floors

Eat-in Kitchen

Tub/Shower

Vinyl Flooring

Unit Mix Information

Description	No. Units	Avg. Rent.Mo	SF
2+1	4	£626.64	757 - 1,151
1+1	1	£352.48	440 - 500
3+1	1	£861.63	1,040

PROPERTY TAXES

Parcel Number	04-37-43-42-01-006-0080	Improvements Assessment	£327,332
Land Assessment	£26,006	Total Assessment	£174,178

PROPERTY TAXES

Parcel Number

04-37-43-42-01-006-0080

Land Assessment

£26,006

Improvements Assessment

£327,332

Total Assessment

£174,178

zoning

Zoning Code	B-1 (B-1—CENTRAL BUSINESS DISTRICT (04-BELLE GLADE))
B-1 (B-1—CENTRAL BUSINESS DISTRICT (04-BELLE GLADE))

Listing ID: 34172905
Date on Market: 12/12/2024
Last Updated:
Address: 600 S Main St, Belle Glade, FL 33430

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