340 W 37th Street Riviera Beach FL 33404 MLS #RX-10971123

340 W 37th Street
Riviera Beach, FL, 33404
$2,866,000
Beds
0 Baths
10,500 SqFt
0.32 Acres
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This portfolio consists of 8 properties, 7 are within a few blocks of each other and all in Riviera Beach. Acquired over decades and well maintained by the current owner. All are single-family homes except for 332/340 W which is a SF house + triplex. 166 W has a main and an accessory house in the rear. Total of 12 units: 9 SF houses, 3 apartments. Majority have long-term tenants on month-to-month leases. All are concrete block except for 600 W. Five properties are occupied, 3 will be delivered vacant as leases recently expired, allowing renovation or re-leasing. Sold as a package, groups, or individually.

Property Details

Price:
$2,866,000
MLS #:
RX-10971123
Status:
Active
Baths:
0
Address:
340 W 37th Street
Type:
Residential Income
Subtype:
Quad Plex
Subdivision:
PLUMOSA PARK RIV BCH
City:
Riviera Beach
Listed Date:
Mar 22, 2024
State:
FL
Finished Sq Ft:
10,500
ZIP:
33404
Lot Size:
14,000 sqft / 0.32 acres (approx)
Year Built:
1962
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Cynthia Nalley is Co-Broker of Acquire Palm Beach and manages the business operations in addition to real estate transactions. She is a Project Management Professional (PMP) who has created technology systems and managed complex projects for SunTrust, Citibank, JP Morgan Chase, and many more. Cynthia is a longtime Downtown West Palm Beach resident and advocate. She serves on the WPB Downtown Development Authority Board of Directors and is Vice President of the WPB Downtown Neighborhood Associa…

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Schools

Interior

Cooling
Central, Wall- Win A/ C
Flooring
Carpet, Ceramic Tile, Vinyl Floor
Heating
Central

Exterior

Construction
C B S, Frame
Exterior Features
Awnings, Custom Lighting, Fence, Fruit Tree(s), Open Porch
Homeowners Assoc
None
Lot Description
< 1/4 Acre, 1/4 to 1/2 Acre
Roof
Built- Up, Comp Shingle
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City
Waterfront Details
None

Financial

Buyer Agent Compensation
2.5%%
Gross Operating Income
$241,488
Net Operating Income
$171,762
Taxes
$0
Utilities
Cable, Electric, Public Sewer, Public Water

Map

Community

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340 W 37th Street
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