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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Fenced: Yes
Heating: Other
Lot Size: 0.36 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $7,850
Year Built: 1930
Square Feet: 15,502
Feature Descriptions
Association Amenities: None
Days on Site: 63
Exterior: Frame, CBS
Fencing: Fenced
Flooring: Ceramic Tile
Parcel#: 56434232010210180
Restrictions: No Restrictions
SQFT Living: 1944
Units: 4
Utilities: Cable Available
Utilities: Cable Available
Waterfront Features: None
Listed By / Shown By
Listed By
Agency Name: Troy Estates LLC
Agency Phone: 561-324-4232
Shown By
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193
Estimate Your Payment
Estimated Payment
$ 4,740.11 per month $3,852.90 Principal & Interest $654.17 Property Tax $233.04 Homeowner's InsuranceChange Payment Information
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752 Martin Luther King Boulevard, Unit 1-5 | MLS# R11156558
This multi-family property located at 752 Martin Luther King Boulevard, Unit 1-5, Riviera Beach, FL 33404 is currently listed for sale with an asking price of $799,000. Search Riviera Beach real estate on www.watsonrealtycorp.com today.