About 752 Martin Luther King Boulevard #1-5
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 of 752 Martin Luther King Boulevard #1-5
| MLS® # | R11156558 |
|---|---|
| Price | $769,000 |
| Bathrooms | 5.00 |
| Square Footage | 1,944 |
| Acres | 0.36 |
| Year Built | 1930 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 752 Martin Luther King Boulevard #1-5 |
|---|---|
| Area | 5280 |
| Subdivision | INLET CITY |
| City | Riviera Beach |
| County | Palm Beach |
| State | FL |
| Zip Code | 33404 |
Amenities
| Amenities | None |
|---|---|
| Utilities | Cable Available |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Heating | Other |
|---|---|
| Cooling | Wall/Window Unit(s) |
Exterior
| Roof | Composition |
|---|---|
| Construction | Frame, CBS |
Additional Information
| Zoning | CG(cit |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Troy Estates LLC |
|---|---|
| Phone | 561-827-3141 |