752 Martin Luther King Boulevard # 5, Riviera Beach FL 33404

$769,000

$396/sq ft

$30,000
Price Decreased

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Overview

Year Built

1930

Sqft

1944

Property Type

Quadruplex

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.

Property Details

MLS#

R11156558

Total Floor in Bldg

1

Address

752 Martin Luther King

City

Riviera Beach

State/county

FL

Zip/Postal Code

33404

Area

Inlet City

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$7,850

Maint Fee

$--

Tax Year

2025

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Boris Gelfand