Duplex For Sale

540 W 1st Street, Riviera Beach, FL 33404

$424,000
Property Description

**Excellent Investment Opportunity!** Discover this income-generating property featuring **two separate buildings** Prime location with tremendous growth potential: – **Front Building:** 2 bed, 1 bath, currently rented at **$1,850/month until 9/30/25**. **New A/C and ducts installed in October 2024.** – **Rear Building:1 bed, 1 bath, rented at $1,350/month until **February 2025**. Both buildings are freshly painted, with roofs in great condition. **Roofs were replaced in 2014 and 2017.** **Market Rent Potential:** – 2 bed, 1 bath: **$2,000/month** – 1 bed, 1 bath: **$1,600/month** Located just steps from a **public marina and boat ramp** across from Peanut Island, this property is in a high-demand area.

Basic Details
Listing Type : For Sale
Price : $424,000
Property Sub Type : Duplex
Field 3132 : None
Features
: Ceiling Fan, Wall-Win A/C
Electric
Ceramic Tile
Comp Shingle
Location
US
FL
Palm Beach
Riviera Beach
33404
Australian Ave to 1st go West
540 W 1st Street, Riviera Beach, Fl 33404
Extended Details
None
Virtual Tour URL
RIVIERA BEACH HEIGHTS ADD 4
CBS
No
None
Cash,Conventional,FHA
Cable,Electric
None
Yes
5036.00
0.00
No
RS-8(c
None
Yes
2023
Funding
$0
The Keyes Company
Michael J Johnston
1338
276665046
276658635
1.0
3994.35
Maby Cuevas
The Keyes Company
beachesmls
Property TypeDuplex
StatusActive
Listing IDRX-11023483
Year Built1959
TaxNo Homestead
Mortgage Calculator
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Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-472-1236 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated.

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