Price reduced
Photo 1 of 14$769,000
Price reduced752 Martin Luther King Boulevard #1-5, Riviera Beach FL 33404
5 baths1,944 sq ftBuilt 1930MLS# R11156558
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About this property
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
- Multi-family
- Year built
- 1930
- Living area
- 1,944 sq ft
- Price per sq ft
- $396
- Property taxes
- $7,850/yr
- Floors in building
- 2
- Building / community
- Inlet City
- Status
- Price reduced
- MLS #
- R11156558
Location
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