$769,000
 $4,128 est/mo Sourced by Back At You

752 Martin Luther King Boulevard 1-5,Riviera Beach, FL 33404

Riviera Beach, FL 33404

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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.

Details

MLS #R11156558
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1930
Days On Site229
Listing Provided ByTroy Estates LLC | Fahrettin B Ergel

Features

Bath(s)5
SQ Feet1,944
Story(s)1
Units4
ZoningCG(cit
Acreage0.36

Exterior

Lot FeaturesQuarter To Half Acre Lot

Taxes

Tax Annual Amount7850

Area Information

StateFL
CountyPalm Beach
CityRiviera Beach
Zip Code33404
Area5280
Community NameINLET CITY
Listing VS Median (in INLET CITY)
Price:
$769,000
low | high
Med:
$116,600
100% of Average
sqft:
1,944
low | high
Med:
1,139
91.435185185185% of Average
$ / sqft:
$396
low | high
Med:
$119
100% of Average
On site:
229
low | high
Med:
205
100% of Average
Sourced by Back At You

Market Activity 33404

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Learn More About This Property

StateFL
CountyPalm Beach
CityRiviera Beach
Zip Code33404
Area5280
Community NameINLET CITY
Listing VS Median (in INLET CITY)
Price:
$769,000
low | high
Med:
$116,600
100% of Average
sqft:
1,944
low | high
Med:
1,139
91.435185185185% of Average
$ / sqft:
$396
low | high
Med:
$119
100% of Average
On site:
229
low | high
Med:
205
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $576K - $961K
sqft: 1,000 - 2,000
Listing Updated: July 23, 2026 at 3:59:22 AM PDT
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