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540 1st, Riviera Beach, FL 33404

Multi-family For Sale
$424,000

BTC: 4.41666667

ETH: 126.19047619

89 days
0 room(s)
1,240 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

**Excellent Investment Opportunity!** Discover this income-generating property featuring **two separate buildings** Prime location with tremendous growth potential: - **Front Building:** 2 bed, 1 bath, currently rented at **$1,850/month until 9/30/25**. **New A/C and ducts installed in October 2024.** - **Rear Building:1 bed, 1 bath, rented at $1,350/month until **February 2025**. Both buildings are freshly painted, with roofs in great condition. **Roofs were replaced in 2014 and 2017.** **Market Rent Potential:** - 2 bed, 1 bath: **$2,000/month** - 1 bed, 1 bath: **$1,600/month** Located just steps from a **public marina and boat ramp** across from Peanut Island, this property is in a high-demand area.

Location

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1959
Lot:
5036 Square Feet
Heating:
No Data
Price/sqft:
$342
Cooling:
No Data
HOA:
No Data
All facts and features
  • Lot

    • Lot: 5036 Square Feet

    Other Property Information

    • Parcel Number: 56434233110002160

    • Zoning: RS-8(c

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $3,994

  • Source details

    • MLS ID: RX-11023483

    Other facts

    • Direction Faces: Australian Ave to 1st go West

    • Garage: Yes

    • Living Area: 1240

    • Subdivision Name: RIVIERA BEACH HEIGHTS ADD 4

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Beaches 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: The Keyes Company