High Income Nine Unit Multi-Family/Mixed use | 127 W Blue Heron Blvd W
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High Income Nine Unit Multi-Family/Mixed use 127 W Blue Heron Blvd W
9 Unit Apartment Building $1,450,000 ($161,111/Unit) Riviera Beach, FL 33404
Investment Highlights
- Eight residential units, 1 commercial kitchen unit setup for takeout / catering
- Currently occupied by long-term tenants but well-suited for short-term rentals, mixed-use, or an Assisted Living Facility (ALF).
- Situated in Central Riviera Beach with easy access to I-95 and just minutes from the Port of Palm Beach.
Executive Summary
High income nine unit multi-family/mixed use complex. The property contains a mix of residential units ranging from efficiency to two BR units and one commercial kitchen unit set up for catering and take out services, approximately 4,267 SF +/-. The complex is located in Central Riviera Beach with easy access to I-95 and is less than five minutes from the Port of Palm Beach. Currently occupied with long-term rental tenants, but has an excellent setup for short-term rentals, mixed use or ALF.
Property Facts
| Price | $1,450,000 | Building Class | B |
| Price Per Unit | $161,111 | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 4,267 SF |
| No. Units | 9 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1958/2022 |
| Property Subtype | Apartment | Parking Ratio | 1.41/1,000 SF |
| Apartment Style | Low Rise |
| Price | $1,450,000 |
| Price Per Unit | $161,111 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.24 AC |
| Building Size | 4,267 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1958/2022 |
| Parking Ratio | 1.41/1,000 SF |
Unit Amenities
- Kitchen
- Tub/Shower
1 of 1
Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 56-43-42-28-14-009-0150 | Improvements Assessment | $520,184 |
| Land Assessment | $173,400 | Total Assessment | $693,584 |
PROPERTY TAXES
Parcel Number
56-43-42-28-14-009-0150
Land Assessment
$173,400
Improvements Assessment
$520,184
Total Assessment
$693,584
zoning
| Zoning Code | Downtown General (Downtown General) |
| Downtown General (Downtown General) |
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High Income Nine Unit Multi-Family/Mixed use | 127 W Blue Heron Blvd W
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