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2840 Avenue S, West Palm Beach FL 33404

Multi-family For Sale
$1,150,000

BTC: 18.85245902

ETH: 696.96969697

-$50K (2026/06/06)
76 days
0 room(s)
3,108 sqft

Overview

Excellent income-producing 4-unit multifamily property in a rapidly growing Riviera Beach location. This fully renovated asset features a desirable unit mix of two 2-bedroom, 1-bath units and two 3-bedroom, 1-bath units, offering strong rental demand and attractive cash flow potential. The property includes a private parking lot and is ideally situated just minutes from Singer Island, pristine beaches, shopping, dining, and entertainment. This property benefits from its proximity to the transformative Riviera Beach redevelopment, one of the most anticipated mixed-use developments. Residents enjoy convenient access to new restaurants, retail, nightlife, and employment centers. The area is also near Riviera Beach's waterfront attractions and the broader West Palm Beach growth corridor.

Location

Florida • West Palm Beach • 33404 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1965
Lot:
0.20 Acres
Heating:
Central Building A/C / Central Individual A/C
Price/sqft:
$370
Cooling:
Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$705,500
$537K – $1.3M
Confidence Low
List vs. estimate
$444K above estimate
List $1,150,000 · +63.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$370
+10.3% vs. city median $335
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $260K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,597
2025
Pets
Not allowed
All facts and features

  • Flooring

    • Tile

    Heating

    • Central Building A/C

    • Central Individual A/C

    Cooling

    • Central Individual A/C

  • Property

    • Levels: 1

    • Exterior Features: West Of Us1 / None

    Lot

    • Lot: 0.20 Acres

    Other Property Information

    • Parcel Number: 56434229010000370

    • Zoning: RM-15 (city)

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Electricity Connected

    • Water Connected

    • Electricity Available

    • Water Available

  • Other financial information

    • Annual tax amount: $12,597

  • Source details

    • MLS ID: B26012540

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction / Slab Construction

    • Lot Features: Less Than 1/4 Acre Lot / Corner Lot / Less Than 1 Acre / West Of US 1 / Fenced

    • Architectural Style: One Story

    • Living Area: 3108

    • Water Source: Public

    • Subdivision Name: ACREHOME PARK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33404
398
median $630K
Active
Same city
West Palm Beach
1,876
median $349K
Active
Same type
Multi-family
49
median $750K
Active
Similar price
$805K – $1.5M
130
median $1.1M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Ibero Property Management & Real Estate Services