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836 Dr Martin Luther King Jr Blvd.

Riviera Beach, FL 33404

5 beds
3 baths
1,768 sqft
1,924 sqft lot
$260 per sqft
1958 build
– on site

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Welcome to your investment opportunity in Riviera Beach, Florida – a captivating Triplex property that promises to elevate your real estate portfolio to new heights! This immaculate property boasts three thoughtfully designed and FULLY OCCUPIED rental units, promising a steady stream of $49,200 in annual income from day one. With 7 mins to Singer Island outlets and beach, this exceptional investment opportunity presents a remarkable combination of location, versatility, and income potential. Featuring three rental units two (2) 2 bedroom/one (1) bath units and one (1) one bedroom/1 bath unit, this property offers a diverse range of living arrangements to cater to various lifestyles and preferences, providing you with the opportunity to maximize your investment returns. With all three units occupied and well-maintained, this property offers an immediate revenue stream, making it an enticing prospect for investors. Furthermore, the current rent is under market so there is a potential for increased rental income, enabling you to maximize your return on investment. Whether you are a seasoned investor looking to expand your portfolio or a homeowner seeking an opportunity to generate passive income, this Triplex is a rare find that perfectly encapsulates the real estate investment market. Don't miss out and let this property's true potential captivate you and unlock a world of possibilities! Property sold as is.

Listing courtesy of STELLAR_MLS / ALLURE REALTY LLC

Last checked: Checking… • Last updated Sep 15, 2024 •

MLS# T3462081 —

The Building

Year Built:

1958
New Construction:

false
Construction Materials:

Stucco
Roof:

Shingle
Foundation Details:

Block
Patio And Porch Features:

Porch
# of Buildings:

1
Building Area Total:

1924
Building Area Units:

Square Feet
Building Area Source:

Appraiser

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Terrazzo
Fireplace:

false

Room Dimensions

Living Area:

1768
Living Area Units:

Square Feet
Living Area Source:

Appraiser

Location

Directions:

Head southeast on the main road toward Dr. Martin Luther King Jr. Blvd (also known as Old Dixie Highway). Turn left onto Dr. Martin Luther King Jr. Blvd. Continue on Dr. Martin Luther King Jr. Blvd for about 0.5 to 1 mile, depending on your starting point. You should reach 836 Dr. Martin Luther King Jr. Blvd on your left.
Latitude:

26.769666
Longitude:

-80.065966
Coordinates:

-80.065966, 26.769666

The Property

Parcel Number:

56434232010220120
Property Type:

Residential Income
Property Subtype:

Triplex
Lot Size Acres:

0.13
Lot Size Area:

1924
Lot Size SqFt:

1924
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

DR
View:

false
Exterior Features:

Other
Water Source:

Public
Road Surface Type:

Paved
Flood Zone Code:

X
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Lot:

12, 13
Tax Block:

22
Tax Legal Description:

INLET CITY LTS 12 & 13 BLK 22
Tax Book Number:

32617 / 59
Tax Annual Amount:

5738.43

Beds

Bedrooms Total:

5

Baths

Total Baths:

3

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

The Community

Subdivision Name:

INLET CITY IN
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Spa:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/25/23 Sep 25, 2023	Sold	STELLAR_MLS	$460,000	-2.1%
8/15/23 Aug 15, 2023	Pending	STELLAR_MLS	$470,000
8/1/23 Aug 1, 2023	Listed / Active	STELLAR_MLS	$470,000

Multifamily Sold on 9/25/2023

$460,000

Listing provided by broker:

Annakay Roberts

ALLURE REALTY LLC

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Listing Courtesy of: STELLAR_MLS and ALLURE REALTY LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

836 Dr Martin Luther King Jr Blvd.

Riviera Beach, FL 33404