Address: 752 Martin Luther King Boulevard 1-5, Riviera Beach, FL 33404
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.
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.
Features
Building and Construction
Fencing: Fenced
Flooring: Ceramic Tile
Roof: Composition
Utilities
Cooling: Wall/Window Unit(s)
Electric: Three Phase
Heating: Other
Road Frontage Type: West of US-1
Utilities: Cable Available
Amenities
Association Amenities: None
Finance and Tax Information
Tax Year: 2025
Rental Information
Tenant Pays: Electricity
Other Features
Legal Description: INLET CITY LTS 18 TO 21 INC BLK 21
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