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Listed by CPRE Organization Inc
$ 2,225,000
Est. payment /mo
New
107 E 27th ST 1 -12 Riviera Beach, FL 33404
13 Baths
0.45 Acres Lot
UPDATED:
01/14/2025 10:14 AM
Key Details
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Active
Purchase Type For Sale
Subdivision Inlet Shores
MLS Listing ID RX-11051989
Construction Status Resale
Year Built 1960
Annual Tax Amount $24,540
Tax Year 2024
Lot Size 0.450 Acres
Property Description
We are pleased to offer a rare investment opportunity to acquire 12 fully renovated units spread across three adjacent parcels, located just moments from the beach, Peanut Island, and Singer Island. These units have been thoughtfully updated and provide a mix ofmodern amenities that are sure to attract tenants. Currently, three of the twelve units are operated as highly profitable short-term rentals, making this an ideal property for an investor looking to capitalize on the lucrative vacation rental market. With Publix just one block away, residents enjoy exceptional convenience, and ample parking is available for all tenants. Call today!
Location
State FL
County Palm Beach
Area 5280
Zoning CG
Interior
Heating Window/Wall
Cooling Wall-Win A/C
Flooring Terrazzo Floor, Vinyl Floor
Fireplaces Type Smoke Alarm
Exterior
Utilities Available Cable, Electric, Water Available
Roof Type Comp Shingle
Building
Story 12.00
Construction Status Resale
Others
Miscellaneous Fenced
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Financing Cash,Conventional,Exchange