$789,000
Riviera Beach, FL 33404
MLS# R11157414
3372 sqft
1 / 47
Property Description
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.
Details
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Listing Contract Date: 2026-01-23
Status: Active
Original List Price: 799999
List Price: $789,000
Current Price: $789,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Riviera Beach
Postal Zip: 33404
Geographic Area: PB26
Country: United States
Street Number: 1245
Street Direction Prefix: W
Street Name: 35th
Street Suffix: Street
State Or Province: FL
Postal Code: 33404
Subdivision Name: PLEASANT HEIGHTS
Area: 5280
Elementary School: Dr. Mary McLeod Bethune (Palm Beach)
Middle Or Junior School: Howell L. Watkins
High School: Palm Beach Gardens
Parcel Number: 56434229160030110
Zoning: RM-15(
General Property Information
Number Of Units Total: 4
Living Area Main: 3108
Gated Community YN: No
Lot Size Area: 7511
Senior Community YN: No
Stories: 1
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 3372
Building Area Source: Public Records
Year Built: 1969
Lot Size Acres: 0.17
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Back on Market Date: 2026-04-05
Major Change Timestamp: 2026-04-05T14:14:57Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-04-05T14:14:56Z
Status Change Date: 2026-04-05
Association Amenities
None: 1
Association Fee Includes
Hot Water: 1
Maintenance Grounds: 1
Sewer: 1
Trash: 1
Electric
Three Phase: 1
Flooring
Laminate: 1
Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Special Information
Sold As-Is: 1
Documents Available
Accounting Statements: 1
Copy Of Lease(s): 1
Deposit - Last Months Rent: 1
Deposit - Security: 1
Fencing
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes
Structure Type
Quadruplex: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Water: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Sewer Available: 1
Water Available: 1
Heating
Electric: 1
Window/Wall: 1
Water Access
None: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Composition: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 13522
Gross Income: 81600
Net Operating Income: 68078
Source Of Expenses
Owner Provided: 1
Cooling
Ceiling Fan(s): 1
Wall/Window Unit(s): 1
Showing Requirements
Occupied: 1
See Remarks: 1
Restrictions
No Restrictions: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Occupant Details
Tenant Occupied: 1
Showing Details
Pet(s) on Premises: No
Unit 1 Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 1750
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 777
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Washer/Dryer Hookups: 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Kitchen: 1
Laundry Room: 1
Unit 2 Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 1700
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 777
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Washer/Dryer Hookups: 1
Unit 2 Parking Features
Open Parking: 1
Unit 2 Rooms
Kitchen: 1
Laundry Room: 1
Unit 3 Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 3 Details
Actual Rent: 1650
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 777
Unit 3 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Washer/Dryer Hookups: 1
Unit 3 Parking Features
Open Parking: 1
Unit 3 Rooms
Kitchen: 1
Laundry Room: 1
Unit 4 Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 4 Details
Actual Rent: 1650
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 777
Unit 4 Other Equipment
Smoke Detector(s): 1
Washer/Dryer Hookups: 1
Unit 4 Parking Features
Open Parking: 1
Unit 4 Rooms
Laundry Room: 1
Price Calculations
Current Price To SqFt: 254.82
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 10021.5
Tax Year: 2025
Tax Legal Description: PLEASANT HEIGHTS LTS 11 TO 13 INC BLK 3
Originating Details
Originating System Key: 20260123035419527121000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Association Fee Includes: Hot Water; Maintenance Grounds; Trash
Documents Available: Accounting Statements; Copy Of Lease(s); Deposit - Last Months Rent; Deposit - Security
Electric: Three Phase
Fencing: Fenced
Flooring: Laminate; Tile
Property Condition: Resale
Structure Type: Quadruplex
Tenant Pays: Cable TV; Electricity; Water
Source Of Expenses: Owner Provided
Construction Materials: CBS
Cooling: Ceiling Fan(s); Wall/Window Unit(s)
Heating: Electric; Window/Wall
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Composition
Sewer: Public Sewer
Special Information: Sold As-Is
Storm Protection Details: None
Tax Information: City/County
Utilities: Cable Available; Sewer Available; Water Available
Water Access: None
Water Source: Public
Showing Requirements: Occupied; See Remarks
Occupant Details: Tenant Occupied
Unit 1 Appliances: Dryer; Range; Refrigerator; Washer
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Washer/Dryer Hookups
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Kitchen; Laundry Room
Unit 2 Appliances: Dryer; Range; Refrigerator; Washer
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Washer/Dryer Hookups
Unit 2 Parking Features: Open Parking
Unit 2 Rooms: Kitchen; Laundry Room
Unit 3 Appliances: Dryer; Range; Refrigerator; Washer
Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Washer/Dryer Hookups
Unit 3 Parking Features: Open Parking
Unit 3 Rooms: Kitchen; Laundry Room
Unit 4 Appliances: Dryer; Range; Refrigerator; Washer
Unit 4 Other Equipment: Smoke Detector(s); Washer/Dryer Hookups
Unit 4 Parking Features: Open Parking
Unit 4 Rooms: Laundry Room
Acreage Description: Less Than 1/4 Acre Lot
Listing Office: Affluent Realty of Florida Cor
Last Updated: April - 05 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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