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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Cynthia Nalley

Cynthia Nalley

Managing Broker

Cell Phone 561 309-7770

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
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 2024-11-13.
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540 W 1st Street
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