- beds
- —
- baths
- 5
- sq ft
- 1,944
- Built
- 1930
752 Martin Luther King Boulevard #1-5
Riviera Beach, FL 33404
About this home
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.
Listing last checked: Listing updated:
Listed by Fahrettin B Ergel · Troy Estates LLC · MLS #R11156558
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Details at a glance
Interior3 property facts
- Heating
- Other
- Cooling
- Wall/Window Unit(s)
- Flooring
- Ceramic Tile
Building3 property facts
- Style
- Quadruplex
- Year built
- 1930
- Roof
- Composition
Land & utilities3 property facts
- Lot size
- 0.36 acres
- Water
- MultipleMeters
- Zoning
- CG(cit
Financial2 property facts
- Annual taxes
- $7,850
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $769,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,543 / monthAdjust
- Principal & interest
- $3,888
- Property tax
- $654
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $7,850. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 752 Martin Luther King Boulevard #1-5
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