Riviera Beach, FL 33404,836 DR MARTIN LUTHER KING JR BLVD.
Riviera Beach, FL 33404,836 DR MARTIN LUTHER KING JR BLVD.
Riviera Beach, FL 33404,836 DR MARTIN LUTHER KING JR BLVD.
Riviera Beach, FL 33404,836 DR MARTIN LUTHER KING JR BLVD.
Riviera Beach, FL 33404,836 DR MARTIN LUTHER KING JR BLVD.
Riviera Beach, FL 33404,836 DR MARTIN LUTHER KING JR BLVD.
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$460,000

$470,000

2.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

5 Beds

3 Baths

1,768 SqFt


SOLD DATE : 09/25/2023

Key Details

Sold Price $460,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,768 sqft

Price per Sqft $260

Subdivision Inlet City In

MLS Listing ID T3462081

Sold Date 09/25/23

Bedrooms 5

HOA Y/N No

Originating Board Stellar MLS

Year Built 1958

Annual Tax Amount $5,738

Lot Size 5,662 Sqft

Acres 0.13

Property Description

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

State FL

County Palm Beach

Community Inlet City In

Zoning DR

Interior

Interior Features Ceiling Fans(s)

Heating Electric

Cooling Wall/Window Unit(s)

Flooring Terrazzo

Fireplace false

Exterior

Exterior Feature Other

Utilities Available Cable Available, Electricity Available

Roof Type Shingle

Porch Porch

Garage false

Private Pool No

Building

Foundation Block

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Stucco

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by ALLURE REALTY LLC
Bought with STELLAR NON-MEMBER OFFICE
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