Active
quadruplex
SALE
752 Martin Luther King Boulevard 1-5, Riviera Beach, Florida 33404
Riviera Beach, FL 33404
$769,000
5 baths
1,944 sqft
Property Details
MLS#
R11156558
Type
Quadruplex
Square Footage
1,944
Bathrooms
5
Year Built
1930
Tax Amount
$7,850
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.
Amenities
Built 1930
Cooling: Wall/Window Unit(s)
Heating: Other
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30 Year Fixed, 6.59% Interest
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Property Location
Listing Office:
Troy Estates LLC
Listing Agent:
Fahrettin Ergel
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