752 Martin Luther King Boulevard 1-5 Riviera Beach, FL $ 769,000
752 Martin Luther King Boulevard 1-5
$ 769,000
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752 Martin Luther King Boulevard 1-5

Riviera Beach, FL, 33404
$ 769,000
Baths5.0 Sq 1,944

Monthly Estimate*

$ 4,735

752 Martin Luther King Boulevard 1-5, Riviera Beach, FL 33404 - Image 1
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Studio

Multi-Family Home for sale in Riviera Beach, FL

for $769,000 with 5 full baths. This 1,944 square foot home was built in 1930 on a lot size of 0.36.

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.

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Multi-Family Active

Price

$ 769,000

Bedrooms

Studio

Full Bath

5

Property Type

Multi-Family

Taxes

$ 7,850

Style

Lot Size

0.36

Year Built

1930

Town/City

Riviera Beach

County/Region

Palm Beach

MLS | Web ID

R11156558

Features
General
Heating Other
Cooling Wall/Window Unit(s)
Utilities Cable Available
Possession Close Of Escrow
Roof Composition
Construction Materials Block Frame
Year Built 1930
Electric 3 Phase
Tenant Pays Electricity
Stories Count 1
Levels One
Unit Number 1-5
Property Subtype Quadruplex
Tax Year 2025
Gross Income 85200
Waterfront Features None
County Palm Beach
Net Operating Income 64688
New Construction false
Property Type Residential Income
Association Amenities None
Subdivision Name INLET CITY
Status Active
Directions Mlk West of Dixie corner of I and MLk
City Riviera Beach
Senior Community Y/N false
Number Of Units Total 4
MLS Area 5280
Tax Annual Amount 7850
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/752-Martin-Luther-King-Boulevard-15-Riviera-Beach-FL-33404/unbranded
Standard Status Active
Property Sub Type Additional Quadruplex
Legal Description INLET CITY LTS 18 TO 21 INC BLK 21
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N true
Heating Y/N true
Total Baths 5
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Exterior
Fencing Fenced
Lot Features 1/4 to 1/2 Acre Lot
Water Source Multiple Meters
Lot Size Area 15502
Building Area Total 15502
Lot Size Acres 0.36
Waterfront Y/N false
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* Excluded Features
List By
Fahrettin B Ergel

Listing Agent

Affordability Calculator

$5,389
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,735
Monthly Property Taxes
$654
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/18/2026$769,000 -1.28% Price Down
4/23/2026$779,000 -2.50% Price Down
1/21/2026$799,000 Listed Price

Map


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752 Martin Luther King Boulevard 1-5, Riviera Beach, FL, 33404 is a Multi-Family Home for sale at $769,000 with 1,944 sqft and a lot size of 0.36. 752 Martin Luther King Boulevard 1-5 is a studio with 5.0 baths and was built in 1930. The property's zip code is 33404 which is in Riviera Beach, FL