Riviera Beach, FL 33404 109 W 14th Street
$1,080,000



6 more






Presented By: Touchstone-Webb Realty Co.
Home Details
Turnkey Multifamily Development | Site Plan Approved | Permit Package Ready 109, 117 & 125 W 14th St, Riviera Beach, FL 33404. A rare, shovel-ready multifamily opportunity in the thriving redevelopment zone of Riviera Beach. This three-parcel assemblage is fully entitled and comes with a permit Submittal ready construction package, ideal for investors or developers seeking a ready to go development. The project consists of a two-story, 8-unit building featuring modern layouts and a strategic mix of unit types perfectly aligned with rental market demand. Total Units: 8 - (4) Three-Bedroom / Two-Bath Units (~$3,260 Market | $2,860 HCV) - (4) Two-Bedroom / Two-Bath Units (~$2,420 Market | $2,190 HCV)- Parking: 11 Off-Street Spaces. Total Rentable SF (Estimated): ~9,600 SF. Land Size: Approx. 0.41 Acres
Key Location Drivers:
Marina Village Expansion: $375M+ revitalization of Riviera Beach Marina District including mixed-use, retail, hotel, and residential.
Oculina Bank Headquarters Project: Major commercial redevelopment just blocks away, creating employment and foot traffic.
Strategic Proximity: Port of Palm Beach, US-1, Blue Heron Blvd, I-95, and major employment nodes.
Exit Strategies:
Build-to-Rent with strong cash flow via market or voucher leasing
Build-and-sell to institutional buyer at stabilization (6-7.5% cap rate)
Condo exit potential with individual unit sales post-CO
Offering Details:
Sale Price: $1,080,000
Delivery: As-Is, Site Plan Approved with Permit Package Ready for Submital
Zoning: Multifamily Residential
Utilities: Accessible and Available
Presented By: Touchstone-Webb Realty Co.
Interior Features for 109 W 14th Street
Bathrooms
Total Baths
General for 109 W 14th Street
CityRiviera Beach
CountyPalm Beach
Current UseMulti-Family, Unimproved
Development StatusSite Plan Filed
Facing DirectionNorth
Legal DescriptionRIVIERA LT 3 BLK 4
Lot Size Square Feet17859.6
MLS Area5280
PossessionClose Of Escrow
Possible UseCommercial
PostalCityRiviera Beach
Property Sub Type AdditionalUnimproved Land
Property SubtypeUnimproved Land
Property TypeLand
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameRIVIERA IN PB 2
Tax Annual Amount1155.77
Tax Year2024
UtilitiesCable Available, Electricity Available, None, Sewer Available, Water Available
Virtual TourClick here
Exterior for 109 W 14th Street
Lot FeaturesCity Lot, 1/4 to 1/2 Acre Lot
Lot Size Acres0.41
Road ResponsibilityPublic Maintained Road
VegetationBrush, Partially Wooded
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Maria Vargas
Realtor®
