Riviera Beach, FL 33404 752 Martin Luther King Boulevard 1-5
$769,000
9 more
Presented By: Troy Estates LLC
Baths • 5
SQFT • 1,944
Home Details
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.
Presented By: Troy Estates LLC
Interior Features for 752 Martin Luther King Boulevard 1-5
Bathrooms
Total Baths5
Other Interior Features
Air Conditioning Y/NYes
FlooringCeramic Tile
Heating Y/NYes
General for 752 Martin Luther King Boulevard 1-5
Association AmenitiesNone
CityRiviera Beach
Construction MaterialsBlock, Frame
CoolingWall/Window Unit(s)
CountyPalm Beach
DirectionsMlk West of Dixie corner of I and MLk
Electric3 Phase
Gross Income85200
HeatingOther
Legal DescriptionINLET CITY LTS 18 TO 21 INC BLK 21
LevelsOne
MLS Area5280
Net Operating Income64688
New ConstructionNo
Number Of Units Total4
PossessionClose Of Escrow
PostalCityRiviera Beach
Property ConditionResale
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameINLET CITY
Tax Annual Amount7850
Tax Year2025
Tenant PaysElectricity
Unit Number1-5
UtilitiesCable Available
Virtual TourClick here
Waterfront FeaturesNone
Year Built1930
Exterior for 752 Martin Luther King Boulevard 1-5
Building Area Total15502
FencingFenced
Lot Features1/4 to 1/2 Acre Lot
Lot Size Acres0.36
Lot Size Area15502
Water SourceMultiple Meters
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
Charlene Lindsay
Realtor®
