**Excellent Investment Opportunity!** Discover this income-generating property featuring **two separate buildings** Prime location with tremendous growth potential: – **Front Building:** 2 bed, 1 bath, currently rented at **$1,850/month until 9/30/25**. **New A/C and ducts installed in October 2024.** – **Rear Building:1 bed, 1 bath, rented at $1,350/month until **February 2025**. Both buildings are freshly painted, with roofs in great condition. **Roofs were replaced in 2014 and 2017.** **Market Rent Potential:** – 2 bed, 1 bath: **$2,000/month** – 1 bed, 1 bath: **$1,600/month** Located just steps from a **public marina and boat ramp** across from Peanut Island, this property is in a high-demand area.
Property Details
Price:
$420,000
MLS #:
RX-11051682
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:
Jan 13, 2025
State:
FL
Finished Sq Ft:
1,338
ZIP:
33404
Lot Size:
5,034 sqft / 0.12 acres (approx)
Year Built:
1959
See this Listing
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…
More About CynthiaMortgage Calculator
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
H O A Fee
$0
Taxes
$0
Utilities
Cable, Electric
Map
Community
- Address540 W 1st Street Riviera Beach FL
- SubdivisionRIVIERA BEACH HEIGHTS ADD 4
- CityRiviera Beach
- CountyPalm Beach
- Zip Code33404
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Listing courtesy of The Keyes Company, (561)–220–0550
© 2025 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated 2025-01-22.
© 2025 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated 2025-01-22.
540 W 1st Street
Riviera Beach, FL
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