752 Martin Luther King Boulevard Unit 1-5, Riviera Beach, FL 33404
- $769,000
- 5
- BA
- 1,944
- SqFt
- List Price
- $769,000
- Status
- ACTIVE
- Days on Market
- 286
- Price Change
- ▼ $10,000 1779154052
- MLS#
- R11156558
- Subtype
- Residential Income
- Year Built
- 1930
- Bathrooms
- 5
- Living Area
- 1,944
- Acres
- 0.36
- Subdivision
- Inlet City
- Neighborhood
- PB26
- 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.
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Additional Information
- Amenities
- None
- Taxes
- $7,850
- Zoning
- CG(cit
- Flooring
- Ceramic Tile
- Heating
- Other
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Block, Frame
- Stories
- 1
- Levels
- One
- Roof
- Composition
Listing courtesy of Troy Estates LLC. Contact:
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All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2019 Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.
Agent: Fahrettin B Ergel | Email: bartug@usa.com