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Multifamily in Riviera Beach, FL 33404Inlet City, 752 Dr Martin Luther King Jr Blvd
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Beds
1,944
SqFt$396
$/SqFtEntry-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: 262 Days
Updated: 18 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
Apples-to-Apples Comparables
Price History
Current
$769K
High
$799K
Low
$769K
Total Change
-3.8%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 Ergel • Troy Estates LLC • Buyer Agency Compensation .
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Scores
29
100
52
100
68
100
0
100
43
100
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
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