Water privilege community of Riviera Beach is offering a multi-unit opportunity
So many possibilities with this versatile property! With county permitting, the existing structure may be converted into a single-family home with an attached in-law suite, offering flexibility for multi-generational living or continued income potential.
This licensed three-unit property sits on a fenced corner lot just off the main street in the heart of Riviera Beach. Enjoy a highly walkable location—two blocks from the bus stop and within easy walking distance to grocery stores, convenience shops, restaurants, and more.
Unit Details
Main Level – Unit A: 2 bedrooms, kitchen, dining room, living room, full bath and private laundry area
Main Level – Unit B: 1 bedroom, kitchen, living room, full bath,
Upper Level – Unit C: 1 bedroom, kitchen/dining combination, living room, and full bath
Each unit is equipped with ceiling fans and air conditioning and maintains separate occupancy, electric and lead inspection certifications.
An excellent investment opportunity in a desirable, water-privileged community featuring a sandy beach, boat ramp, pier, community parks, walking paths, schools, and churches.
Additional Notes:
Also listed under Multifamily MDAA2128774
Unique opportunity for this multi-dwelling property with strong income potential. Two of the existing tenants are on month-to-month leases
Unit A: Monthly rent $1,500.00, currently month-to-month (estimated market rent $1,800.00)
Unit B: Monthly rent $1,150.00 (below market) with a lease in place through the end of 2026 (estimated market rent $1,400.00)
Unit C: Monthly rent $750.00, currently month-to-month (estimated market rent $1,200.00)
Tenants are paying below market rent.
Tenant Notices: Notice has been served to all tenants.
Owner pays water
There is a detached garage on property, unit C currently uses garage, could potentially be income producing
