Basic Information

  • MLS # RX-11051682
  • Type Duplex / Quad Plex / Triplex
  • Status Active
  • Subdivision/Complex Riviera Beach Heights Add
  • Year Built 1959
  • Total Sqft 1,240
  • Date Listed 01/13/2025
  • Days on Market 102
Description

**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 vacant but rents at $1,900 per month. . **New A/C and ducts installed in October 2024.** - **Rear Building:1 bed, 1 bath, rented at $1,350/month until **June 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.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Exterior Features None
  • Roof Description Composition, Shingle

Interior Features

  • Adjusted Sqft 1,240Sq.Ft
  • Cooling Description Ceiling Fans, Wall Window Units
  • Floor Description Ceramic Tile
  • Heating Description Electric
  • Sqft 1,240 Sq.Ft

Property Features

  • Address 540 W1st Street
  • Aprox. Lot Size 5,034
  • Association Fee Frequency Monthly
  • City Riviera Beach
  • Community Features Non Gated
  • Construction Materials Block
  • County Palm Beach
  • Furnished Info No
  • Levels One
  • Listing Terms Cash, Conventional, F H A
  • Lot Description Less Than Quarter Acre
  • Lot Features Less Than Quarter Acre
  • Pool Features None
  • Possession Closing And Funding
  • Postal City Riviera Beach
  • Public Survey Section One
  • Roof Composition, Shingle
  • Short Sale Regular Sale
  • Stories 1
  • HOA Fees N/A
  • Subdivision Complex Riviera Beach Heights Add
  • Subdivision Info Riviera Beach Heights Add
  • Tax Amount $3,891
  • Tax Information R I V I E R A B E A C H H E I G H T S A D D4 L T216
  • Tax Year 2024
  • Terms Considered Cash, Conventional, F H A
  • Type of Property Duplex

540 W 1st St

Riviera Beach, FL 33404

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