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836 DR MARTIN LUTHER KING JR BLVD.

Multi-family Recently Sold
$460,000

BTC: 15.33333333

ETH: 230.00000000

Sold on: 2023-09-25
11 days
5 bds
1,768 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Welcome to your investment opportunity in Riviera Beach, Florida – a captivating Triplex property that promises to elevate your real estate portfolio to new heights! This immaculate property boasts three thoughtfully designed and FULLY OCCUPIED rental units, promising a steady stream of $49,200 in annual income from day one. With 7 mins to Singer Island outlets and beach, this exceptional investment opportunity presents a remarkable combination of location, versatility, and income potential. Featuring three rental units two (2) 2 bedroom/one (1) bath units and one (1) one bedroom/1 bath unit, this property offers a diverse range of living arrangements to cater to various lifestyles and preferences, providing you with the opportunity to maximize your investment returns. With all three units occupied and well-maintained, this property offers an immediate revenue stream, making it an enticing prospect for investors. Furthermore, the current rent is under market so there is a potential for increased rental income, enabling you to maximize your return on investment. Whether you are a seasoned investor looking to expand your portfolio or a homeowner seeking an opportunity to generate passive income, this Triplex is a rare find that perfectly encapsulates the real estate investment market. Don't miss out and let this property's true potential captivate you and unlock a world of possibilities! Property sold as is.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1958
Lot:
0.13 Acres
Heating:
Electric
Price/sqft:
$266
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Terrazzo

    Heating

    • Electric

    Cooling

    • Wall/Window Unit(s)

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 5

  • Property

    • Exterior Features: Other

    Lot

    • Lot: 0.13 Acres

    Other Property Information

    • Parcel Number: 56434232010220120

    • Zoning: DR

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Cable Available

    • Electricity Available

  • Other financial information

    • Annual tax amount: $5,738

  • Source details

    • MLS ID: T3462081

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Block

    • Patio And Porch Features: Porch

    • Living Area: 1768

    • Water Source: Public

    • Subdivision Name: INLET CITY IN

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. 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: ALLURE REALTY LLC