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Listed by The Keyes Company

$420,000

Est. payment - /mo

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3 BD

2 BA

1,240 SqFt

New

540 W 1st ST Riviera Beach, FL 33404

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Dylan Snyder

Compass

[email protected] +1(561) 951-9301

UPDATED:

01/13/2025 10:17 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,240 sqft

Price per Sqft $338

Subdivision Riviera Beach Heights Add 4

MLS Listing ID RX-11051682

Bedrooms 3

Full Baths 2

Construction Status Resale

HOA Y/N No

Year Built 1959

Annual Tax Amount $3,891

Tax Year 2024

Lot Size 5,034 Sqft

Short Sale No

Sub Type Duplex

Property Description

**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.

Location

State FL

County Palm Beach

Area 5280

Zoning RS-8(c

Interior

Heating Electric

Cooling Ceiling Fan, Wall-Win A/C

Flooring Ceramic Tile

Exterior

Exterior Feature None

Utilities Available Cable, Electric

Amenities Available None

Waterfront Description None

Roof Type Comp Shingle

Private Pool No

Roof Comp Shingle

Construction CBS

Building

Lot Description < 1/4 Acre

Story 1.0

Foundation CBS

Construction Status Resale

Others

Senior Community No Hopa

Restrictions Buyer Approval,Other

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

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Dylan Snyder

Agent | SLSL698137

+1(561) 951-9301

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540 W 1st ST Riviera Beach, FL 33404

Dylan Snyder

Key Details

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Exterior

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Others

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540 W 1st ST