125 W 17th Street Riviera Beach FL 33404 MLS #RX-10971556

125 W 17th Street
Riviera Beach, FL, 33404
$850,000
Beds
0 Baths
4,913 SqFt
0.15 Acres
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Amazing Investment Opportunity!!! Zoned for more units than currently present. Current fourplex has all 2 bed 1 baths. Previously had an additional seperate home on the property that can be rebuilt.Market rents for 2/1 are $1,800 Excellent condition unitsWasher and Dryers in each unit.Fresh Paint3 units have A/C’s from 2023Floor Joists replaced 2007Water Heater 2015Electric updatedParking for 4-6 cars2 blocks from Public marina and boat ramp directly in front of Peanut Island. Super close to Port of Palm beach which has huge expansion plans for more cruise ships. 60 New Townhomes being built around the corner.

Property Details

Price:
$850,000
MLS #:
RX-10971556
Status:
Active
Baths:
0
Address:
125 W 17th Street
Type:
Residential Income
Subtype:
Quad Plex
Subdivision:
INLET GROVE
City:
Riviera Beach
Listed Date:
Mar 24, 2024
State:
FL
Finished Sq Ft:
4,913
ZIP:
33404
Lot Size:
6,625 sqft / 0.15 acres (approx)
Year Built:
1968
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Michael has helped hundreds of people acquire and sell properties in Palm Beach County, Florida over the last 10+ years. He has surrounded himself with industry professionals that allow his clients to thrive in our ever-changing real estate landscape. After graduating from the University of Wisconsin, Michael migrated to South Florida in 2005 to join his family and escape the cold weather. He began his real estate career in Southwest Florida as a manager for a real estate developer in new home…

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Schools

Interior

Cooling
Central
Flooring
Ceramic Tile
Heating
Central

Exterior

Construction
C B S
Exterior Features
Auto Sprinkler
Garage Spaces
0.00
Homeowners Assoc
None
Lot Description
< 1/4 Acre
Roof
Comp Shingle
View
Other
Waterfront Details
None

Financial

Buyer Agent Compensation
2.50%%
Gross Operating Income
$78,000
H O A Fee
$0
Net Operating Income
$63,600
Taxes
$0
Utilities
Public Sewer, Public Water

Map

Community

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125 W 17th Street
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