540 W 1st Street

Riviera Beach, FL 33404

  • 3 Bed(s)
  • 2 Bath(s)
  • 1,240 Sqft
  • 5034
    Sqft(Lot)
$400,000

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 $1,400/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.

  • Property Type

    Duplex

  • Subdivision

    Riviera Beach Heights Add 4

  • County

    Palm Beach

  • Style

    Duplex

  • AD ID

    49561972

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All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc

BuyOwner last updated this listing 05/12/2025 @ 06:00

  • MLS: RX-11086710
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Beaches MLS

is a Multifamily, with 3 bedrooms which is for sale, it has 1,240 sqft, 5,034 sized lot, and 0 parking. are nearby neighborhoods.