Address
2840 Avenue S Riviera Beach, FL
Price
$ 599,000
Property Attributes
  • MLS#F10303180
  • TypePending
  • CountyPALM BEACH
  • CityRiviera Beach
  • AreaPalm Beach 5270 - 5280 - 5290
  • NeighborhoodAcrehome Park
  • Zip33404
  • StyleFourplex
  • Year Built1965
  • Taxes$ 4949
  • Price$ 599,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3108
Listing Provided Courtesy Of:
Savvy Avenue, LLC
Data Source:
Beaches MLS - 46 - FL
Property Description

Prime Real Estate investment with 4 units, a total of 10 beds/4baths & 7 parking spaces. 2 X 3 bed/1 bth and 2 X 2 bed/1 bth. All units have separate electric & water meters. Built in 1965 its 3108 sq ft & on 0.2040 acres. Units all remodeled in 2016 with impact windows, new AC, water heaters, kitchens, appliances, flooring & electrical. New Roof in 2018 & all external sewer pipes replaced 2021. Units are currently rented. The 3 bed units rent at $1300 ea per mth and the 2 bed units at $1000. Gross income of $4600 per mth/$55200 per year. A Cap rate of over 9% on the gross income. Bus stop outside, store next door, schools close by. Major Shopping also conveniently located nearby. Great location and easy to rent. DO NOT DISTURB TENANT

Price History
10/4/2021 Listed $599,000

General Features

Area 5280
DOM 45
Property Type Residential Income
Property Type Information Detached, Substantially Remodeled
Rent Includes Lawn Care
Section 29
Style Fourplex
Subdivision Complex Bldg Acrehome Park
Subdivision Name Acrehome Park
Type of Association None
Type of Property Fourplex
Year Built 1965
Year Built Description Resale
Zoning Information RML12

Interior Features

Cable Yes
Cooling Description Central Cooling
Flooring Ceramic Floor, Laminate, Vinyl Floors
Heating Description Central Heat
Internet Yn Yes
Stories 1.0000

Exterior Features

Construction Type Concrete Block Construction, Slab Construction
Lot Description Less Than 1/4 Acre Lot
Parking Spaces 7
Roof Description Tar & Gravel Roof
Sewer Description Municipal Sewer

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 33404

Price
AVG $700K
$600K
Taxes
AVG $8,094
$4,949
Visits
AVG 171
12
Year Built
AVG 1993
1965