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

Multi-family For Sale
$769,000

BTC: 12.02501955

ETH: 404.17525123

-$30K (2026/05/18)
191 days
0 room(s)
1,944 sqft

Overview

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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1930
Lot:
0.36 Acres
Heating:
Other
Price/sqft:
$396
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$636,999
$320K – $998K
Confidence Low
List vs. estimate
$132K above estimate
List $769,000 · +20.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$395
+12.6% vs. city median $351
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $267K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,850
2025
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Other

    Cooling

    • Wall/Window Unit(s)

  • Property

    • Levels: 1

    • Exterior Features: West Of Us1

    Lot

    • Lot: 0.36 Acres

    Other Property Information

    • Parcel Number: 56434232010210180

    • Zoning: CG(cit

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Cable Connected

    • Cable Available

  • Other financial information

    • Annual tax amount: $7,850

  • Source details

    • MLS ID: R11156558

    Other facts

    • Construction Materials: CBS Construction / Frame / Frame With Stucco

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / West Of US 1 / Fenced

    • Window Features: Complete Impact Glass

    • Living Area: 1944

    • Subdivision Name: INLET CITY

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

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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: Troy Estates LLC