555 16Th StBelle Glade, FL 33430

  • Land
  • 0.35 AC
For Sale
$360,000 View listing

Property Details for 555 16Th St

Lot size
0.35 AC
Zone code
B-2
Property type
Land
Property subtype
Commercial land
APN
04-37-43-31-27-004-0010
APU
4374331270040010

Description

This exceptional mixed-use property, located at 555 NW 16th Street in Belle Glade, Florida, presents a compelling redevelopment opportunity. The 2003-built structure comprises four units, offering significant potential for a variety of commercial ventures. Currently in shell condition, the building's flexible layout allows for diverse uses, catering to entrepreneurs seeking a blank canvas for their vision. The property is zoned B-2, a designation that opens doors to a wide range of possibilities, including offices, retail spaces, social clubs, funeral homes, banks, and restaurants. The asking price is $360,000. Situated in Palm Beach County, Florida, with a zip code of 33430, this property boasts a prime location within Belle Glade. While the lot size is not specified, the building's existing structure and versatile zoning provide a strong foundation for a successful commercial undertaking. This is an ideal investment for those seeking a project with high upside potential in a dynamic market. The property's current state allows for complete customization, enabling the new owner to tailor the space to their specific needs and business plan. This presents a unique chance to create a thriving commercial enterprise in a growing community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,343,402
    Hospitality
    $4,894,528
    Educational
    $4,072,190
    Medical
    $4,212,238
    Retail
    $6,334,518
555 16Th St, Belle Glade, Florida

Location Insight

City
Belle Glade
County
Palm Beach
State
Florida
Latitude
26.6908
Longitude
-80.6836
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$690
$22,174
-
$22,174
-
$22,174
-
$22,174

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