540 W 1st Street
Riviera Beach, FL 33404
- – beds
- – baths
- 1,240 sqft
- $338 per sqft
- 1959 build
- – on site
**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.
Last checked:
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Last updated Jan 13, 2025
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MLS# RX-11051682 —
The Building
-
Year Built:1959
-
Separate Water Meters:Yes
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SqFt Total:1338
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SqFt Source:Tax Rolls
Interior
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SqFt Living:1240
Financial & Terms
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Short Sale:No
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HOPA:No Hopa
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Price Per SqFt:$338.71
Location
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Directions:Australian Ave to 1st go West
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Area:5280
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Latitude:26.764521
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Longitude:-80.061299
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Geographic Area:PB26
The Property
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Parcel ID:56434233110002160
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Zoning:RS-8(c
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Type:Duplex
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Lot SqFt:5,034 Sqft
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Waterfront:No
Listing Agent
- Contact info:
- Agent phone:
- (561) 577-0398
- Office phone:
- (561) 220-0550
Taxes
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Taxes:$3,891.17
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Tax Year:2024
The Listing
The Community
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Subdivision:RIVIERA BEACH HEIGHTS ADD 4
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Pets on Premises:Yes
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/13/25
Jan 13, 2025
|
Listed / Active | BMLS | $420,000 |
