Inlet City 752 Dr Martin Luther King Jr Riviera Beach, FL 33404
SOLD FOR
$630,000
$699,000
Studio
Beds
1,944
Sq.Ft.
Overview
- Status: Closed
- Bed(s) No info
- Bath(s) 0
- Half Bath(s) 0
- Parking No info
- Size: 15,503 ft2/1,440.28 m2
- Price Per: $45.09 ft2/$485.32 m2
- Type: Multifamily
- Built: 1930
- HOA: No info
- MLS Number: RX-10950184
- View No info
- On Site: 137 days
- Updated: Listing Refreshed: 12 Days Ago
Solid income producing property with add value potential. Unique 5 unit close to the Port of Palm Beach. Large corner lot with flexible commercial zoning. 3 out of the 5 are guaranteed rents. other 2 units are month to month. 9% cap on gross income. Located in CRA and Opportunity Zone. This area has appreciated over 30% in the last 2 years and is continuing to grow.
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 05/01/2024 | Sold | $630,000.00 | 9.9% | $40.64 ft2/$437.42 m2 |
| 01/15/2024 | Listed | $699,000.00 | $45.09 ft2/$485.32 m2 |
Contact Information
Tracey Schmitt Office
Real Estate Advisors
Office: (561) 948-1657
Email: info@bestofluxuryrealty.com
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