540 W 1st Street Riviera Beach FL 33404 MLS #RX-11023483

540 W 1st Street
Riviera Beach, FL, 33404
$424,000
Beds
0 Baths
1,338 SqFt
0.12 Acres
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Excellent investment opportunity!! . 2 seperate buildings. ***Front building is 2 bed 1 bath Paying $1,850 until 9/30/25***Rear building is 1 Bed 1 Bath Paying $1,350 Until February 2025*** Fresh paint and roofs in great condition. ****Roofs replaced in 2014 and 2017.*** Market Rents for 2 bed 1 bath are $2,000** Market rents for 1 bed 1 Bath are $1,600 ***Super close to Public marina and boat ramp directly in front of Peanut Island. Close to Port of Palm beach which has huge expansion plans for more cruise ships. 60 New Townhomes being built around the corner. ”Reimagine Riviera Beach” would bring in a new city hall, recreation centers, and a public library, among other construction projects on 80 acres close by

Property Details

Price:
$424,000
MLS #:
RX-11023483
Status:
Active
Baths:
0
Address:
540 W 1st Street
Type:
Residential Income
Subtype:
Duplex
Subdivision:
RIVIERA BEACH HEIGHTS ADD 4
City:
Riviera Beach
Listed Date:
Sep 24, 2024
State:
FL
Finished Sq Ft:
1,338
ZIP:
33404
Lot Size:
5,036 sqft / 0.12 acres (approx)
Year Built:
1959
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Michael Cuevas

Michael Cuevas

Broker Owner

Phone 561 578-2320

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
Ceiling Fan, Wall- Win A/ C
Flooring
Ceramic Tile
Heating
Electric

Exterior

Construction
C B S
Exterior Features
None
Homeowners Assoc
None
Lot Description
< 1/4 Acre
Roof
Comp Shingle
Waterfront Details
None

Financial

Gross Operating Income
$38,400
H O A Fee
$0
Net Operating Income
$30,400
Taxes
$0
Utilities
Cable, Electric

Map

Community

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Listing courtesy of The Keyes Company, (561)–220–0550

© 2024 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-11-23.
Rover IDX
540 W 1st Street
Riviera Beach, FL