$769,000
↓ Reduced 4%752 Martin Luther King Boulevard # 5, Riviera Beach FL 33404
Riviera Beach, FL, 33404
- Year Built
- 1930
- Lot Size
- 0.36 acres
- Property Type
- Quadruplex
- Annual Taxes
- $7,850/yr
- MLS #
- R11156558
Market Position
Using 7 of 7 matching comparables
Lower percentile = priced below more of the sampled comparison set.
- List price
- $769,000 · area median: $920,500
- Days on market
- 139 · area median: 46
Priced below 71% of 7 comparable listings · area median: $598/SF
Computed from active comparable listings of the same type and similar size within about 10 miles.
Calculated: Jul 27, 2026 · Newest source update: Jul 27, 2026
Listing courtesy of Troy Estates LLC · 561-324-4232
Listed by Fahrettin B Ergel
Last updated: May 31, 2026
Overview
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.
Features
Exterior
Flooring
Heating
Cooling
est.$4,542/mo
Est. payment based on a $769,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
Similar Properties
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