733 Dr Martin Luther King Jr Blvd W Immeuble residentiel 30 lots 2 121 480 € (70 716 €/Lot) Taux de capitalisation 8,66 % Belle Glade, FL 33430

Property Overview
Type & Structure
Multifamily residential building, designed as a low-rise apartment complex with 30 units spread across 3 stories.
Crexi
+10
LoopNet
+10
LoopNet
+10
Constructed in 1959 and underwent renovations as recently as 2020.
LoopNet
+5
ForRent.com
+5
Trulia Real Estate Search
+5
Classified as Building Class C, located on a 0.17-acre lot (around 7,200–7,209 sq ft) with a built area of approximately 14,550 sq ft.
Movoto Real Estate
+5
LoopNet
+5
LoopNet
+5
Zoned R-3 Multi-Family Residential with a parking ratio of 0.41 spaces per 1,000 sq ft.
ApartmentFinder.com
+5
LoopNet
+5
LoopNet
+5
Interior & Amenities
Units include 1-bedroom/1-bath (19 units) and 2-bedroom/1-bath (11 units) layouts.
Crexi
+9
LoopNet
+9
LoopNet
+9
All units equipped with air conditioning.
LoopNet
Apartments.com
Occupancy & Assessment
Average occupancy stands at around 80%.
LoopNet
+1
According to LoopNet, the total assessed value of the property (improvements plus land) is $636,639.
Crexi
+4
LoopNet
+4
LoopNet
+4
Market Status
As of early 2025, the property was listed for sale on platforms like LoopNet, though the listing has since expired or it's currently off-market—you may need to contact the listing broker for availability.
LoopNet
+1
Apartment listing platforms like Apartments.com and ForRent confirm the building is active but currently has no available units and does not allow pets.
Apartments.com
ForRent.com
Additional Perspectives on the Property
Some real estate platforms present a different perspective, treating the building as a single-family property:
Zillow lists the property as a single-family home with 6,630 sq ft of interior space (on a 7,230 sq ft lot), offering a Zestimate of ~$896,100 and an estimated rent of $3,015/month.
Zillow
+1
Trulia echoes similar stats—a studio-style single-family home, built in 1959, sold on February 11, 2022 for around $1.61 million, with a current estimate around $896,100.
Trulia Real Estate Search
+1
Movoto estimates its value at $3.27 million, calculated on a built area of 14,550 sq ft, translating to about $7/sq ft, and notes the property is not for sale or rent.
Movoto Real Estate
+1
These differing perspectives may stem from variations in data sources or how the building’s units are categorized.
Summary Table
Feature Details
Type Multifamily apartments (30 units)
Built / Renovated 1959 / 2020
Structure 3-story, Class C, low-rise
Building Size ~14,550 sq ft
Lot Size ~0.17 acre (7.2k sq ft)
Unit Mix 19 × 1BR/1BA, 11 × 2BR/1BA
Occupancy Level ~80%
Amenities Air conditioning
Parking 0.41 spaces per 1,000 sq ft
Assessed Value ~$636,639
Market Status Off-market, historically listed for sale
Alternate Listings Zillow/Trulia treat it as single-family; mixed value estimates
In conclusion, 733 Dr Martin Luther King Jr Blvd W is primarily a mid-century multifamily property with a history of residential use via apartments. However, some platforms also classify it as a large single-family residence, contributing to a range of valuation estimates.