Turnkey Multifamily Development | Site Plan Approved | Permit Package Ready 109, 117 & 125 W 14th St, Riviera Beach, Fl 33404. A Rare, Shovel-ready Multifamily Opportunity In The Thriving Redevelopment Zone Of Riviera Beach. This Three-parcel Assemblage Is Fully Entitled And Comes With A Permit Submittal Ready Construction Package, Ideal For Investors Or Developers Seeking A Ready To Go Development. The Project Consists Of A Two-story, 8-unit Building Featuring Modern Layouts And A Strategic Mix Of Unit Types Perfectly Aligned With Rental Market Demand. Total Units: 8 - (4) Three-bedroom / Two-bath Units (~$3,260 Market | $2,860 Hcv) - (4) Two-bedroom / Two-bath Units (~$2,420 Market | $2,190 Hcv)- Parking: 11 Off-street Spaces. Total Rentable Sf (estimated): ~9,600 Sf. Land Size: Approx. 0.41 Acres
key Location Drivers:
marina Village Expansion: $375m+ Revitalization Of Riviera Beach Marina District Including Mixed-use, Retail, Hotel, And Residential.
oculina Bank Headquarters Project: Major Commercial Redevelopment Just Blocks Away, Creating Employment And Foot Traffic.
strategic Proximity: Port Of Palm Beach, Us-1, Blue Heron Blvd, I-95, And Major Employment Nodes.
exit Strategies:
build-to-rent With Strong Cash Flow Via Market Or Voucher Leasing
build-and-sell To Institutional Buyer At Stabilization (6-7.5% Cap Rate)
condo Exit Potential With Individual Unit Sales Post-co
offering Details:
sale Price: $1,080,000
delivery: As-is, Site Plan Approved With Permit Package Ready For Submital
zoning: Multifamily Residential
utilities: Accessible And Available
Features
All features
Current Use: MultiFamily, Unimproved
Approx SqFt Total Area: 17859.6
Property SqFt: 17859.6
Remarks: Turnkey Multifamily Development | Site Plan Approved | Permit Package Ready 109, 117 & 125 W 14th St, Riviera Beach, FL 33404. A rare, shovel-ready multifamily opportunity in the thriving redevelopment zone of Riviera Beach. This three-parcel assemblage is fully entitled and comes with a permit Submittal ready construction package, ideal for investors or developers seeking a ready to go development. The project consists of a two-story, 8-unit building featuring modern layouts and a strategic mix of unit types perfectly aligned with rental market demand. Total Units: 8 - (4) Three-Bedroom / Two-Bath Units (~$3, 260 Market | $2, 860 HCV) - (4) Two-Bedroom / Two-Bath Units (~$2, 420 Market | $2, 190 HCV)- Parking: 11 Off-Street Spaces. Total Rentable SF (Estimated): ~9, 600 SF. Land Size: Approx. 0.41 Acres Key Location Drivers: Marina Village Expansion: $375M+ revitalization of Riviera Beach Marina District including mixed-use, retail, hotel, and residential. Oculina Bank Headquarters Project: Major commercial redevelopment just blocks away, creating employment and foot traffic. Strategic Proximity: Port of Palm Beach, US-1, Blue Heron Blvd, I-95, and major employment nodes. Exit Strategies: Build-to-Rent with strong cash flow via market or voucher leasing Build-and-sell to institutional buyer at stabilization (6-7.5% cap rate) Condo exit potential with individual unit sales post-CO Offering Details: Sale Price: $1, 080, 000 Delivery: As-Is, Site Plan Approved with Permit Package Ready for Submital Zoning: Multifamily Residential Utilities: Accessible and Available
Internet Remarks: Turnkey Multifamily Development | Site Plan Approved | Permit Package Ready 109, 117 & 125 W 14th St, Riviera Beach, FL 33404. A rare, shovel-ready multifamily opportunity in the thriving redevelopment zone of Riviera Beach. This three-parcel assemblage is fully entitled and comes with a permit Submittal ready construction package, ideal for investors or developers seeking a ready to go development. The project consists of a two-story, 8-unit building featuring modern layouts and a strategic mix of unit types perfectly aligned with rental market demand. Total Units: 8 - (4) Three-Bedroom / Two-Bath Units (~$3, 260 Market | $2, 860 HCV) - (4) Two-Bedroom / Two-Bath Units (~$2, 420 Market | $2, 190 HCV)- Parking: 11 Off-Street Spaces. Total Rentable SF (Estimated): ~9, 600 SF. Land Size: Approx. 0.41 Acres Key Location Drivers: Marina Village Expansion: $375M+ revitalization of Riviera Beach Marina District including mixed-use, retail, hotel, and residential. Oculina Bank Headquarters Project: Major commercial redevelopment just blocks away, creating employment and foot traffic. Strategic Proximity: Port of Palm Beach, US-1, Blue Heron Blvd, I-95, and major employment nodes. Exit Strategies: Build-to-Rent with strong cash flow via market or voucher leasing Build-and-sell to institutional buyer at stabilization (6-7.5% cap rate) Condo exit potential with individual unit sales post-CO Offering Details: Sale Price: $1, 080, 000 Delivery: As-Is, Site Plan Approved with Permit Package Ready for Submital Zoning: Multifamily Residential Utilities: Accessible and Available
Waterfront: No info
Directions: North
Days on Market: 251
Compass Point: W
Office Name: Touchstone-Webb Realty Co.
Area: 0.41
Taxes: 1155.77
Tax Year: 2024
Listing Date: 2025-06-12T20:00:00.000-00:00
Lot Size Square Feet: 17859.6
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