Sold
25 W 34th Street
Riviera Beach FL, 33404
$1,700,000
$39.03 per sqft
Sold
43,560 sqft
Commercial
Built in 1979
The 34th Street Portfolio consists of four properties on 34th Street all within one block of each other. New ownership will benefit from strong cash flow and economies of scale immediately at takeover from this package sale.Unit Mix:(3) Studios(7) One Bedroom/One Bath(1) Two Bedroom/One Bath(1) Two Bedroom/Two BathThe property systems have been well maintained by current ownership and have passed four-point inspections recently in order to receive property insurance coverage.Long-term tenants make up the bulk of the rent roll, with a number of tenants of 10+ years. In-place rents are priced below market rents.An outbuilding on 25 W 34th street serves as a maintenance shop/supply storage room, a great convenience for the management and maintenance of the pr
R10829378
MLSⓇ ID
August 30, 2022
Listed
February 16, 2024
Updated
Map
25 W 34th Street
Riviera Beach FL, 33404
Interior Features
Total Stories
1
Floor Description
Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
Heating
Yes
Heating Description
Central, Wall Furnace
Exterior/Building Features
Lot Size
1 Acre
Roof
Composition, Shingle
Sewer
Public Sewer
Other Property Details
Area Name
5280
Taxes
$3,121
Tax Frequency
Annually
Days on Market
55
Garage
No
View
No
County
Palm Beach County
Pool
No
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
---|---|---|
9/15/2023 | Price Change | $1,700,000 -9% |
9/15/2023 | Sold | $1,700,000 |
Listed by: 49 Units, LLC
Listing Contact: (561) 600-5350
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Data last updated 4:30 AM UTC, 2/16/2024