752 Martin Luther King Boulevard #1-5, Riviera Beach, FL 33404
$769,000
- 1,944 sqft
- Built 1930
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 details
- Property type
- Quadruplex
- Status
- Active
- Year built
- 1930
- Days on market
- 274
- MLS #
- R11156558
Listing courtesy of Troy Estates LLC.