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INCOME PROPERTIES FOR SALE

416 W Dr Martin Luther King Jr Blvd W, Belle Glade
$865,000
Raders Sub SubDv.
TOTALLY RENOVATED 2 Story Commercial Building in Belle Glade with 30 UNITS READY TO GO + Storage Unit + VACANT CORNER LOT NEXT DOOR, TWO PARCELS SOLD TOGETHER! High Ceilings, Bright Natural Light, Flowing Spaces. Approx 5,948 SF Building TOTAL + 10,602 SF of Land TOTAL, ZONED B-2 COMMERCIAL on Belle Glade's Main Avenue! ALL NEW FLOORS, ALL NEW BATHROOMS, Every Unit Set Up Like its Own Studio. Endless Possibilities. Perfect for: Not For Profit, Dormitory, Assisted Living, Nursing Home, Behavioral Health Facility, Trade or Tech School, Workforce Housing, Residential Facility, Etc. 30 SEPARATE ELECTRIC METERS, Owner Pays Water, about $1.5K to $2K per Month when occupied. ALL NEW ELECTRIC, UPDATED PLUMBING, NEW FLOORS, NEW BATHROOMS, FRESHLY PAINTED, Roof 10 Yrs Old, COMPLETELY TURNKEY. VACANT CORNER LOT is Perfect for Parking, Expansion, New Construction, Outdoor Space, Etc. CORNER EXPOSURE w/ Frontage on Both Dr Martin Luther King Jr Blvd and SW Avenue E. Buyer to Verify Zoning and Permitted Uses. Walk to 24Hr 1-Stop Market, Winn-Dixie, Bank of Belle Glade, Wells Fargo, Lawrence E. Will Museum of the Glades, Etc. 10 Mins to Torry Island on LAKE OKEECHOBEE, BASS FISHING CAPITAL OF USA, Belle Glade Golf Club + Nature Trails. Close to Lake O Scenic Trail, Glades Pioneer Splash Park + Aquatic Center, Dolly Hand Cultural Center + Annual Black Gold Jubilee Fest. 5 Mins to PB State College BG Campus, 8 to Lakeside Medical Center, 50 to PBI Airport. Call Today!

416 W Dr Martin Luther King Jr Blvd W, Belle Glade

2907 Ashley W Drive Unit #A, West Palm Beach
$1,520,000
Palm Beach County 55+ Asse SubDv.
6.9% Cap Rate, $105,072 NOI. Acquire a self-managed, fully leased 10-property investment portfolio by purchasing a single LLC's membership interests. Units are renovated (2) 2bed/2bath,(2) 2bed/1bath, (1)1bed/2bath & (5) 1bed/1bath units all located in well maintained Palm Beach County 55+ communities with well-established pet-free tenants. The communities are villas or 2-story condos with no upcoming assessments; the master insurance policies are covered in dues. LMR & security deposits of $29,440 transfer. This structure consolidates 10 individual property closings into one transaction without transferring the individual deeds or paying closing costs on individual sales. The portfolio offers established leasing rights with no seasoning period. See supplement for addresses. Cash Only All units are located close together and have screened porches, additional storage, and either in-unit laundry or a free-standing laundry room within 50ft. Unit addresses: 401 Pine Glenn Lane B1, Greenacres, FL 33463 5800 Whispering Pine Way D2, Greenacres, FL 33463 5961 Whispering Pine Way A1, Greenacres,FL 33463 2779 Emory Drive E, Unit E, West Palm Beach, FL 33415 2907 W Ashley Drive A, West Palm Beach, FL 33415 5960 Whispering Pine Way C-2, Greenacres, FL 33463 2837 Ashley Drive W D, West Palm Beach, FL 33415 214 Lake Frances Drive, West Palm Beach, FL 33411 414 Pine Glen Lane C-2, Greenacres, FL 33463 327 Knotty Pine Circle A-1, Greenacres, FL 33463 A membership-interest transfer may have different property tax implications than a deed transfer*

2907 Ashley W Drive Unit #A, West Palm Beach

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