752 Martin Luther King Boulevard Unit #1-5, Riviera Beach, FL 33404

$769,000
5
BA
1,944
SqFt

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List Price
$769,000
MLS
R11156558
Status
ACTIVE
Type
Multifamily
Living Area
1,944

Property Description

True 5-unit income-producing property offering strong cash flow and exceptional value-add potential. The building consists of five (5) 1-bedroom / 1-bath units, all with separate electric meters, providing ease of management and individual utility billing. Located on a General Commercial zoned lot, this property allows for a wide range of redevelopment and expansion opportunities, including the potential to add additional units (buyer to verify). The property is situated within a CRA (Community Redevelopment Area) and a designated Opportunity Zone, making it especially attractive for investors seeking tax advantages and long-term appreciation.

Additional Information

Days on Market
193
Style
Fourplex
Exterior Features
West Of Us1
Year Built
1930
Development Name
Inlet City
#Stories
1
Construction Type
CBS Construction, Frame, Frame With Stucco

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Listing Courtesy of Troy Estates LLC, Contact: