Sold
25 W 34 Street
Riviera Beach FL, 33404
$1,700,000
$212.50 per sqft
Sold
8,000 sqft
Residential
Built in 1979
The 34th Street Portfolio consists of four properties w/ 12 units total 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 Bath The 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 property
R10831855
MLSⓇ ID
September 14, 2022
Listed
February 16, 2024
Updated
Map
25 W 34 Street
Riviera Beach FL, 33404
Interior Features
Total Stories
1
Floor Description
Ceramic Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Exterior Features
Awning(s), Patio, Shed
Roof
Composition, Shingle
Sewer
Public Sewer
Other Property Details
Area Name
5280
Taxes
$20,000
Tax Frequency
Annually
Days on Market
40
Association Fee Frequency
Monthly
Garage
No
View
No
County
Palm Beach County
Water Source
Public
Pool
No
Pool Features
None
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
All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.
©2024 Association of Palm Beaches. All rights reserved.
Data last updated 4:30 AM UTC, 2/16/2024