Excellent income-producing 4-unit multifamily property in a rapidly growing Riviera Beach location. This fully renovated asset features a desirable unit mix of two 2-bedroom, 1-bath units and two 3-bedroom, 1-bath units, offering strong rental demand and attractive cash flow potential. The property includes a private parking lot and is ideally situated just minutes from Singer Island, pristine beaches, shopping, dining, and entertainment. This property benefits from its proximity to the transformative Riviera Beach redevelopment, one of the most anticipated mixed-use developments. Residents enjoy convenient access to new restaurants, retail, nightlife, and employment centers. The area is also near Riviera Beach's waterfront attractions and the broader West Palm Beach growth corridor.
| MLS # | B26012540 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 150 |
| Listing Provided By | Ibero Property Management & Real Estate Services | Dwayne Prince Barrett |
| SQ Feet | 3,108 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Zoning | RM-15 (city) |
| Acreage | 0.20 |
| Lot Features | Less Than One Acre, Corner Lot, Less Than Quarter Acre |
|---|
| Tax Annual Amount | 12597 |
|---|
| State | FL |
|---|---|
| County | Palm Beach |
| City | West Palm Beach |
| Zip Code | 33404 |
| Area | 28 |
| Subarea | Palm Beach 5270; 5280; 5290 |
| Community Name | ACREHOME PARK |
| Listing VS Median (in ACREHOME PARK) | |
Price: $1,150,000 low | high Med: $260,000 sqft: 3,108 low | high Med: 1,768 $ / sqft: $370 low | high Med: $147 On site: 150 low | high Med: 423 | |
| State | FL |
|---|---|
| County | Palm Beach |
| City | West Palm Beach |
| Zip Code | 33404 |
| Area | 28 |
| Subarea | Palm Beach 5270; 5280; 5290 |
| Community Name | ACREHOME PARK |
| Listing VS Median (in ACREHOME PARK) | |
Price: $1,150,000 low | high Med: $260,000 sqft: 3,108 low | high Med: 1,768 $ / sqft: $370 low | high Med: $147 On site: 150 low | high Med: 423 | |