752 Martin Luther King Boulevard Unit 1-5, Riviera Beach, FL 33404

$769,000
5
BA
1,944
SqFt

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List Price
$769,000
Days on Market
215
Price Change
▼ $10,000 1779154052
MLS#
R11156558
Year Built
1930
Bathrooms
5
Living Area
1,944
Acres
0.36
MLS Area Major
5280

Property Description

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.

Additional Information

Taxes
$7,850
Utilities
Cable Available
Heating
Other
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block, Frame
Roof
Composition

Listing courtesy of Troy Estates LLC.

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