752 Martin Luther King Boulevard 1-5, Riviera Beach, FL 33404
INLET CITY · Palm Beach County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Year Built
1930
Living Area
15,502 sq ft
Lot Size
0.36 acres
Zoning
CG(cit
Days on Market
137
MLS® Listing#
R11156558
Property Features
- Cooling:
- Wall/Window Unit(s)
- Heating:
- Other
- Flooring:
- Ceramic Tile
- Fencing:
- Fenced
- Construction:
- Block, Frame
- Roof:
- Composition
- Utilities:
- Cable Available
HOA & Tax
- HOA:
- None
- Annual Tax:
- $7,850 (2025)
- Parcel #:
- 56434232010210180
Directions
Mlk West of Dixie corner of I and MLk
Affordability Calculator
$153,800
Estimated monthly payment
$4,093/mo
Principal $615,200 · Est. interest $858,259 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Riviera Beach, FL
- $502,745
- Median Listing Price
- 122
- Median Days on Market
- 1,362
- Median Sq Ft
- $389
- Median Price / Sq Ft
- 27,760
- Active Listings
- This home’s price is 53% above the area median.
- Its price per sq ft is 87% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Riviera Beach, FL.
Location
- 752 Martin Luther King Boulevard 1-5, Riviera Beach, FL 33404
Nearby Schools
West Riviera Elementary School
Elementary · 0.3 mi away
Riviera Beach Maritime Academy
School · 0.4 mi away
Potentials Charter School
Elementary · 0.5 mi away
Palm Beach County School District
Elementary · 0.5 mi away
Lincoln Elementary School
Elementary · 0.5 mi away
Inlet Grove Community High School
Secondary · 1.2 mi away
Suncoast Community High School
Secondary · 1.2 mi away
John F. Kennedy Middle School
Secondary · 1.3 mi away
Dr. Mary McLeod Bethune Elementary School
Elementary · 1.3 mi away
Palm Beach Regional Detention Center
School · 1.3 mi away
Highridge Family Center
School · 1.3 mi away
R J Hendley Christian Community School
School · 1.4 mi away
Ephesus Junior Academy
Elementary · 1.6 mi away
Kids-R-Kreative Learning Center
School · 1.6 mi away
Northboro Elementary School
Elementary · 1.6 mi away
Believers Academy
School · 1.7 mi away
Twiggs Academy
School · 1.7 mi away
Washington Elementary
Elementary · 1.7 mi away
Lake Park Elementary School
Elementary · 1.8 mi away
Inlet Grove Community High School
Secondary · 1.9 mi away
Commute Calculator
Nearby Homes
Moving Cost Estimate
EXIT Agents in Riviera Beach
Listing Courtesy: Troy Estates LLC - 5613244232
The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.