Bought with Lara Real Estate Group
$630,000
$699,000
9.9%For more information regarding the value of a property, please contact us for a free consultation.
752 Dr Martin Luther King Jr BLVD 1 Riviera Beach, FL 33404
4 Beds
4 Baths
1,944 SqFt
Key Details
Sold Price $630,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,944 sqft
Price per Sqft $324
Subdivision Inlet City
MLS Listing ID RX-10950184
Sold Date 05/01/24
Bedrooms 4
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1930
Annual Tax Amount $5,375
Tax Year 2023
Lot Size 0.356 Acres
Property Description
Solid income producing property with add value potential. Unique 5 unit close to the Port of Palm Beach. Large corner lot with flexible commercial zoning. 3 out of the 5 are guaranteed rents. other 2 units are month to month. 9% cap on gross income. Located in CRA and Opportunity Zone. This area has appreciated over 30% in the last 2 years and is continuing to grow.
Location
State FL
County Palm Beach
Area 5280
Zoning CG(cit
Interior
Heating Other
Cooling Wall-Win A/C
Flooring Ceramic Tile
Exterior
Exterior Feature Fence
Utilities Available Cable, Electric
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Comp Shingle
Parking Type Space Parking
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre, West of US-1
Story 1.0
Foundation CBS, Frame, Mixed
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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