Riviera Beach Heights, 540 W 1st St Riviera Beach, FL, 33404

$424,000Price
1,240SqFt

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Size: 1,240 ft2 / 115 m2
Price: $342 ft2 / $3,681 m2
Built: 1959
HOA: N/A
MLS Number: R11023483
On Site: 88 Days
Updated: 18 Days ago
Page Views: 0
**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.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Exterior Features: None
Price History
09/24/2024

Date

Listed

Event

$424K

Price

$342 ft2 / $3,681 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Michael JohnstonThe Keyes Company • Buyer Agency Compensation .

Instant Comparative Market Analysis
$100/ft²
$100/ft²
$300/ft²
$500/ft²

Unit 540 W 1st St – Asking

$342/ft²

(+29%) from Closed Medium $/ft²

Closed Medium $/ft²

$265/ft²
Community $/Price Range (Closed) $139/ft² – $350/ft²
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