Riviera Beach, FL Multifamily Homes For Sale

Incredible rare investment opportunity | quad plex | 4 units | 3 efficiency units | all units rent income $1, 500 per month | month to month leases | separate electric meters | shared water meter | new 2023 metal roof | new water heater | new electric $40 k | assigned parking spaces | large fenced backyard | immediate cash flow | minutes to beaches, downtown west palm beach, shopping & fine dining | top rated schools | present all offers!

**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

Cash cow, quadplex! 8% cap rate. All 2/1 units. Street parking and private parking lot. All 4 of the units have been renovated. Minutes to downtown and beaches. Property is approximately 5 to the redevelopment in downtown wpb nora, lots of new shops and nightlife close to it all. A great addition to any investors portfolio.

Brand new roof is going up! (pics are of 1661 w 27th st apt a but all units are similarly updated) beautifully updated and maintained duplex with each unit containing 3 beds and 2 baths. Washer & dryer inside each unit. Fully updated kitchens and bathrooms with an open living space. Currently rented out for $4600/month. This property is for investors only. The owner is selling this with the adjacent duplex 1661 w 27th st.

Brand new roof going up.. Beautifully updated and maintained duplex with each unit containing 3 beds and 2 baths. Washer & dryer inside each unit. Fully updated kitchens and bathrooms with an open living space. The owner is selling this property and the adjacent duplex at 1669 w 27th st.

Vacant duplex available. Highlights include all impact windows, a roof that's only 3 years old, and a fantastic investment opportunity. Both units were previously rented at $1750. The backyard is large enough to add additional units.

Turnkey duplex in sought-after riviera beach! Featuring a 3/1 and a 1/1, this property includes hardwood and ceramic tile floors, along with a spacious fenced backyard. One unit is currently rented for $2600 monthly. Located conveniently near shopping, dining, i-95, palm beach international airport, and the beach, making it a perfect investment opportunity.

Meticulously maintained investment opportunity in an opportunity zone! The property has been used for short term rentals. This is a great opportunity to own a newly constructed duplex consisting of two townhomes! Each unit has 4 bedrooms and 2.5 baths. These spacious townhomes are 1700 sq ft with one car garages! The units have recessed lighting, stainless steel appliances, front load washers and dryers, and laminate flooring. Located near major redevelopment including the nomar neighborhood, a long-term vision transforming the area from u.S. 1 to the intracoastal, with continued growth from lake park and northwood (wpb). Seller prefers to package with triplex at 1559 w 26th ct. .

Hidden gem in plain sight -- this 2021 cbs building is an incredible deal for an experienced investor with four spacious 3-bedroom, 2-bathroom apartments, an outstanding opportunity to capture long-term upside in a rapidly appreciating waterfront corridor. Perfectly positioned in the revitalized marina village district, this property offers unmatched proximity to: the iconic peanut island, the port of palm beach terminals, award-winning snorkeling and stunning watersport facilities. The related group is currently constructing 149 residences at marina village, rising 8 stories, while sobelco is building a transformative 1.23 million sf development with 508 new condos on the 4.27 acres full city block site right in front of this quadplex. Currently, ownership is in the process of re-tenanting the units to operate the property as a short-term rental building with a corporate tenant in the district. (disclaimer: seller may, at seller’s sole discretion, withdraw the property from the market or suspend marketing activities at any time, including but not limited to ongoing lease negotiations with a corporate tenant. Listing subject to change or withdrawal without notice. No obligation to sell is implied.)

Meticulously maintained investment opportunity in an opportunity zone! The property has been used for short term rentals. This is a great opportunity to own a newly constructed triplex consisting of three townhomes! Each unit has 4 bedrooms and 2.5 baths. These spacious townhomes are 1700 sq ft with one car garages! The units have recessed lighting, stainless steel appliances, front load washers and dryers, and laminate flooring. Located near major redevelopment including the nomar neighborhood, a long-term vision transforming the area from u.S. 1 to the intracoastal, with continued growth from lake park and northwood (wpb). Seller prefers to package with triplex at 1559 w 26th ct. .

Brand new construction quadplex featuring four spacious units, each offering 4 bedrooms and 2 bathrooms — a total of 16 bedrooms and 8 bathrooms across the entire property. Each is unit is vacant and easy to show. 1 year guarantee on construction. Total living area: 6, 156 sq ft units 1 & 4: 1, 544 sq ft each units 2 & 3: 1, 534 sq ft each located in the rapidly developing riviera beach area, this modern multi-family asset delivers exceptional rental potential and long-term value. Residents will appreciate the convenience of being just minutes from the riviera marina, local beaches, shopping, dining, and major highways. A perfect opportunity for investors seeking strong cash flow in a high-growth market.

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.

Beautifully renovated duplex situated on a corner lot in the heart of riviera beach! This move-in ready two-unit property features 2-bedroom, 1-bath units, each offering a bright, open layout with polished porcelain tile flooring throughout and fresh neutral paint. Each unit includes an updated kitchen with white shaker cabinets, granite countertops, and stainless steel appliances.Both bathrooms have been fully remodeled with modern vanities, walk-in showers, and large-format wall tile. Spacious bedrooms provide a clean, airy feel, and large windows allow for abundant natural light. The roof has over 10 years of useful life remaining, offering added value and peace of mind. Each unit has designated parking, plus additional street parking available. No hoa. Conveniently located just minutes from peanut island, riviera beach marina, beaches, shopping, dining, and major highways. Ideal for owner-occupants or investors seeking a turn-key duplex!

Investor special – fully rented fourplex east of i-95! Prime opportunity in riviera beach! This solid fourplex features four 3-bedroom, 1.5-bath units, all currently rented month-to-month, generating consistent income. Located east of i-95, this property offers easy access to major routes, shopping, and the beach. Each unit is spacious and well laid out, ideal for long-term tenants or future upgrades. Whether you're expanding your portfolio or seeking a high-yield asset, this is a cash-flowing investment you don’t want to miss! Location ! Location ! Location !

Investor special – fully rented fourplex east of i-95! Prime opportunity in riviera beach! This solid fourplex features four 3-bedroom, 1.5-bath units, all currently rented month-to-month, generating consistent income. Located east of i-95, this property offers easy access to major routes, shopping, and the beach. Each unit is spacious and well laid out, ideal for long-term tenants or future upgrades. Whether you're expanding your portfolio or seeking a high-yield asset, this is a cash-flowing investment you don’t want to miss!

Four 2, 1 all have central ac, see brokers remarks

Tremendous cash flow opportunity in sizzling hot palm beach county rental market ! Solid cbs duplex, each unit 2 bedroom, 1 bath, a/c, tile floor, large front porch, separate water/electric meters. Some tlc needed but priced to sell. Bring your highest & best offer - quick! Cash contracts only - far/bar - as-is with 10 day right to inspect. Proof of funds required with all submissions. All measurements are approximate. La is owner.