33403 Zip Code Multifamily Homes For Sale

Live auction at the property! Sat february 7 at 11am. 3bd/1ba with detached 1bd/1ba unit. Preview 30 minutes prior to sale. 10% due at time of sale. Must have a 10, 000 cashier's check and a blank personal check in order to bid. 30 days to close. Guaranteed free and clear title. Suggested opening bid 189, 000

Exceptional opportunity to acquire a 10, 000 sf, 8-unit multifamily property in the highly desirable lake park area, just minutes from vibrant downtown west palm beach and the intracoastal. Featuring 7- 3 bedroom/2 bathroom and 1- 2 bedroom/1 bathroom apartments, this concrete block construction building has been fully renovated, with updated interiors, modern finishes, units separately metered, central ac and a brand-new roof (2025). Amenities include on-site laundry, 12 dedicated parking spaces, and strong tenant appeal. With a net income of $154, 000 and priced at under $260 per sf, this asset offers both solid cash flow and long-term appreciation potential.

**new roof's aug 2025****new water heaters**this investment opportunity features two side-by-side duplexes in the rapidly growing riviera beach area. 2 duplexes being sold together. 461 silver beach parcel # 56434228350410020 mls#: rx-11068125 & 451 silver beach parcel # 56434228350410030 mls#: rx-11068096. A total of four income-producing units with existing tenants and significant upside potential through rental increases.** two adjacent duplexes being sold together. (four units total) ($225, 000 per door) each unit features two bedrooms and one bathroom with washer/dryer hookups -each unit is separately metered electric. High rental demand area with strong appreciation potential. *(market rents $2, 000 per unit)* current lease details below: **unit 1: 2 bed 1 bath -lease expires 5/26-$1, 800 per month **unit 2: 2 bed 1 bath -lease expires 1/26 - $1, 700 per month **unit 3: 2 bed 1 bath -lease expires 9/26 - $1, 700 per month **unit 4: 2 bed 1 bath - lease expires 2/26 -$1, 800 per month. Below-market rents: current leases provide opportunity to increase rents to market rates upon renewal projected gross rental income: if all units are rented at market rates, estimated gross income could reach $7, 600 to $8, 000 per month separate meters: tenants pay their own utilities, reducing landlord expenses long-term leases: leases secured through 2025 and 2026, ensuring stable cash flow high occupancy and demand: riviera beach remains a competitive rental market with increasing property values why invest in riviera beach? Riviera beach is experiencing major redevelopment, making it a prime location for real estate investment. Local improvements include: riviera beach marina redevelopment, a multimillion-dollar waterfront revitalization increasing property values expansion of luxury residential and mixed-use developments, strengthening rental demand new infrastructure projects, including road expansions and commercial growth close proximity to singer island, palm beach gardens, and downtown west palm beach ideal for investors looking for: turnkey cash flow opportunity: fully leased units with immediate potential for rental increases strong market appreciation: rapidly growing area with long-term value potential 1031 exchange investment: excellent opportunity for reinvestment and tax benefits

****brand new roofs (august 2025)*** new water heaters installed** — major capital improvements have already been taken care of, offering peace of mind for investors. Welcome to 461 silver beach road, a well-maintained duplex located in a high-demand rental area of riviera beach. Each unit is currently leased at \$1, 800/month with long-term tenants in place. Market rents are estimated at \$2, 000/month, providing strong upside potential. Each unit is separately metered for electricity, with tenants paying their own utilities, keeping operating costs low. This property features solid, long-term leases, new water heaters, and a strong rental history. Located just minutes from the riviera beach marina redevelopment, singer island, palm beach gardens, and downtown west palm beach. This area is seeing rapid infrastructure expansion and commercial growth. Ideal for investors seeking dependable cash flow, long-term appreciation, or a 1031 exchange opportunity. The duplex next door at 451 silver beach rd is also available for sale at the same price. Mls rx-11068096. Purchase one or both. Please do not disturb tenants. Drive-by only prior to scheduled showings.

**new roof's aug 2025****new water heaters****this investment opportunity features two side-by-side duplexes in the rapidly growing riviera beach area. 2 duplexes being sold together. Prefer written offer before bothering other tenants. 461 silver beach parcel # 56434228350410020 mls#: rx-11068125 & 451 silver beach parcel # 56434228350410030 mls#: rx-11068096. A total of four income-producing units with existing tenants and significant upside potential through rental increases.** two adjacent duplexes being sold together. (four units total) ($225, 000 per door) each unit features two bedrooms and one bathroom with washer/dryer hookups -each unit is separately metered electric. High rental demand area with strong appreciation potential. *(market rents $2, 000 per unit)* curr **unit 1: 2 bed 1 bath -lease expires 5/26-$1, 800 per month **unit 2: 2 bed 1 bath -lease expires 1/26 - $1, 700 per month **unit 3: 2 bed 1 bath -lease expires 9/26 - $1, 700 per month **unit 4: 2 bed 1 bath - lease expires 2/26 -$1, 800 per month. Immediate upside one vacant unit ready to lease at full market rent below-market rents: current leases provide opportunity to increase rents to market rates upon renewal projected gross rental income: if all units are rented at market rates, estimated gross income could reach $7, 600 to $8, 000 per month separate meters: tenants pay their own utilities, reducing landlord expenses long-term leases: leases secured through 2025 and 2026, ensuring stable cash flow high occupancy and demand: riviera beach remains a competitive rental market with increasing property values why invest in riviera beach? Riviera beach is experiencing major redevelopment, making it a prime location for real estate investment. Local improvements include: riviera beach marina redevelopment, a multimillion-dollar waterfront revitalization increasing property values expansion of luxury residential and mixed-use developments, strengthening rental demand new infrastructure projects, including road expansions and commercial growth close proximity to singer island, palm beach gardens, and downtown west palm beach ideal for investors looking for: turnkey cash flow opportunity: fully leased units with immediate potential for rental increases strong market appreciation: rapidly growing area with long-term value potential 1031 exchange investment: excellent opportunity for reinvestment and tax benefits

Welcome to a very large and fully updated cbs duplex offering comfort, income potential, and a rare oversized lot that stretches toward a peaceful canal backdrop. Both units feature new impact windows, new kitchens, and updated bathrooms and much more. The 2022 roof adds peace of mind, and the property comes with separate electric meters for easy management. The expansive lot invites outdoor living or simply room to spread out. There is even room for a pool. All of this sits quietly in a highly convenient location close to beaches, shopping, dining spots, and major commuter routes. No hoa. Whether you're looking to live in one unit and rent the other or add a strong investment to your portfolio, this property stands ready.

Rare opportunity to own this special property consisting of 2 completely separate homes on the same lot. Great for long term rentals, short terms rentals or airbnb. Both homes were newly renovated in 2023 and feature: two year old roofs, new attic insulation, impact windows and doors, kitchens with quartz counters and stainless steel appliances, remodeled bathrooms, newer ac systems, newer water heaters, laminate flooring throughout and tiles in bathrooms. The front house is a 2/2 with a large bonus room, carport, and laundry room. The rear house is a 2/1 with a bonus room, laundry room and lots of privacy- it cannot be seen from the street. Carport, driveway, gravel area and 2nd driveway offer lots of parking. Property also has an rv hook-up. Rv does not convey.

Discover this exceptional 5-unit apartment property, a rare opportunity that combines convenience, comfort, and strong investment potential. Four units feature spacious 2-bedroom, 1-bathroom layouts, while the fifth is a charming standalone cottage, offering privacy and versatility for unique rental opportunities. The property has been meticulously maintained inside and out, with beautifully landscaped grounds that enhance its curb appeal. All tenants are currently on month-to-month annual leases, providing flexibility and convenience for the new owner. Each unit is separately metered for both electric and water, maximizing efficiency and reducing overhead. Residents enjoy central air conditioning, impact windows for added comfort and security, as well as the convenience of an on-site laundry facility. The property also comes equipped with a full surveillance system for enhanced safety. Ideally located just blocks from the scenic intracoastal waterway, the property offers easy access to shopping, dining, and entertainment. The main roof will be replaced prior to closing, ensuring peace of mind and long-term value. This is a rare opportunity to acquire a well-maintained, income-producing property in a highly desirable location.