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  4. 107 27th Street E 1 -12, Riviera Beach, FL 33404
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107 27th Street E 1 -12
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PRICED AT ONLY: $2,225,000

Address: 107 27th Street E 1 -12, Riviera Beach, FL 33404

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!

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  • MLS#: RX-11051989 ( MultiFamily (5+ Units) )
  • Street Address: 107 27th Street E 1 -12
  • Viewed: 5
  • Price: $2,225,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1960
  • Bldg sqft: 0
  • Days On Market: 225

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!
Request More Information
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Features
Bedrooms / Bathrooms
  • Num Toilets: 13
Building and Construction
  • Absolute Longitude: 80.053462
  • Flooring: Terrazzo Floor, Vinyl Floor
  • Roof: Comp Shingle
  • Sqft Source: Tax Rolls
  • Total Number Of Units: 12
  • Type Of Building: Hotel / Motel, Income
Property Information
  • Property Condition: Resale
  • Property Desc: 3 parcels
  • Property Group Id: 19990816212135227274000000
Utilities
  • Air Conditioned: 12.00
  • Cooling: Wall-Win A/C
  • Fire Protect: Smoke Alarm
  • Heating: Window/Wall
  • Number Of Meters: 3.00
  • Num Of Stories: 2.0
  • Utilities: Cable, Electric, Water Available
Finance and Tax Information
  • Expenses Common Area Maint: 1800.00
  • Expenses Insurance: 18000.00
  • Expenses Miscellaneous: 4845.00
  • Expenses R E Taxes: 24540.00
  • Expenses Utilities: 13800.00
  • Tax Year: 2024
Rental Information
  • Min Lease Months: 1.00
  • Tenant Pays: Cable, Electric
Other Features
  • Avail Docs: None
  • Avail Info: Investment Analysis
  • Country: United States
  • Legal Desc: INLET SHORES NO 2 LT 53
  • Miscellaneous 1: Fenced
  • Multiple Ofrs Acptd: No
  • Parcel Id: 56434228130000530
  • Possession: At Closing, Funding
  • Sale Includes: Building and Land
  • Unit Number: 1 -12
  • Use: Hotel/ Motel
  • Zoning: CG
Nearby Subdivisions
Condado Inc   Inlet Shores   Inlet Shores At Riviera   Palm Beach Shores   Riviera Beach Heights Add 2   Riviera Beach Hgts Add 2 In   Yacht Harbor  

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