733 W Dr Martin Luther King Jr Blvd W Belle Glade, FL 33430

Multifamily property composed of 30 units on 14,618 Sq. Ft. corner lot with an additional parking lot (included in sale) west of the building. Building has two bedrooms/one bathroom and one bedroom/one bathroom. The one bedroom units will be leased for $550 and the two bedrooms units will be leased for $675. Building is 7,920 Sq. Ft. and is being fully renovated. The units will have brand new kitchen, bathrooms, central A/C’s and interior and exterior paint. The upgrades should be finished by March or April, 2020 with closed permits and the final Certificate of Occupancy issued by the city. Property is located in an opportunity zone, and 100% of the units are being renovated. This is a rare true value-add asset in the supply-constrained, high barrier-to-entry South Florida rental market.