Multifamily in Riviera Beach, FL 33404
Inlet City, 752 Dr Martin Luther King Jr Blvd

Beds
1,944
SqFt
$396
$/SqFt
Entry-Level Multifamily
Built in 1930
True 5-unit income-producing property offering strong cash flow and exceptional value-add potential. The building consists of five (5) 1-bedroom / 1-bath units, all with separate electric meters, providing ease of management and individual utility billing. Located on a General Commercial zoned lot, this property allows for a wide range of redevelopment and expansion opportunities, including the potential to add additional units (buyer to verify). The property is situated within a CRA (Community Redevelopment Area) and a designated Opportunity Zone, making it especially attractive for investors seeking tax advantages and long-term appreciation.
MLS Number: R11156558
On Site: 241 Days
Updated: 3 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Other
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: CeramicTile
        • Year Built: 1930
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2026-01-21T16:44:04.000-00:00
          Taxes, Fees & More
          • Taxes: 7850
          • Total Units in Building: 4

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          Price History

          Current
          $769K
          High
          $799K
          Low
          $769K
          Total Change
          -3.8%
          $803K$784K$765KJan 26Apr 26May 26
          Date
          Event
          Price
          Change
          Price Per
          05/18/2026
          Price Reduced
          $769K
          -1.28%
          $396 ft2
          $4,258 m2
          04/23/2026
          Price Reduced
          $779K
          -2.5%
          $401 ft2
          $4,313 m2
          01/23/2026
          Listed
          $799K
           
          $411 ft2
          $4,424 m2
          05/18/2026
          $769K
          Event
          Price Reduced
          Change
          -1.28%
          Price Per
          $396 ft2
          $4,258 m2
          04/23/2026
          $779K
          Event
          Price Reduced
          Change
          -2.5%
          Price Per
          $401 ft2
          $4,313 m2
          01/23/2026
          $799K
          Event
          Listed
          Price Per
          $411 ft2
          $4,424 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Fahrettin ErgelTroy Estates LLC • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Car-Dependent. Most errands require a car
          29

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          52

          100
          Sound Score®
          Very loud
          68

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          43

          100
          Local Score
          Limited local amenities nearby
          1

          100
          Community Snapshot
          2 – 4 BR
          Bedrooms
          $205K – $769K
          Price Tier
          572 - 3,838
          SqFt Range
          1961
          Year Build
          1
          Total Floors

          Subdivision Amenities

          None
          Sidewalks

          Riviera Beach
          Entry-Level
          Entry-Level Homes & Condos