540 W 1st ST Active

Riviera Beach,FL 33404

$ 424000

3 Beds

2 Baths

1240 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,240 sqft

Price per Sqft $341

Subdivision Riviera Beach Heights Add 4

MLS Listing ID RX-11023483

Bedrooms 3

Full Baths 2

Construction Status Resale

HOA Y/N No

Year Built 1959

Annual Tax Amount $3,994

Tax Year 2023

Lot Size 5,036 Sqft

Property Description

Excellent investment opportunity!! . 2 seperate buildings. ***Front building is 2 bed 1 bath Paying $1,850 until 9/30/25***Rear building is 1 Bed 1 Bath Paying $1,350 Until February 2025*** Fresh paint and roofs in great condition. ****Roofs replaced in 2014 and 2017.*** Market Rents for 2 bed 1 bath are $2,000** Market rents for 1 bed 1 Bath are $1,600 ***Super close to Public marina and boat ramp directly in front of Peanut Island. Close to Port of Palm beach which has huge expansion plans for more cruise ships. 60 New Townhomes being built around the corner. ''Reimagine Riviera Beach'' would bring in a new city hall, recreation centers, and a public library, among other construction projects on 80 acres close by

Location

State FL

County Palm Beach

Area 5280

Zoning RS-8(c

Interior

Heating Electric

Cooling Ceiling Fan,Wall-Win A/C

Flooring Ceramic Tile

Exterior

Exterior Feature None

Utilities Available Cable,Electric

Amenities Available None

Waterfront Description None

Roof Type Comp Shingle

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1.0

Foundation CBS

Construction Status Resale

Others

Senior Community No Hopa

Restrictions Buyer Approval,Other

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

Financing Cash,Conventional,FHA

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