$2,225,000
15 Days On Market

Courtesy of CPRE Organization Inc

Status: Active
Property Type: Multifamily (5+ Units)
Year Built: 1960
Days On Website: 15

Property Details for 107 27th Street Unit 1 -12, Riviera Beach, FL 33404

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!

Listing

  • Source: Palm Beach
  • List price: $2,225,000
  • MLS ID: 20121115220811115022000000
  • Listing ID: RX-11051989
  • Listing date: 2025-01-14
  • Status: Active
  • For lease?: No
  • 1 minimum lease month
  • Annual
  • Option Available

Bathrooms

  • 13 total bathrooms
  • 1 full bathroom, unit 1
  • 1 full bathroom, unit 2
  • 1 full bathroom, unit 3
  • 2 full bathrooms, unit 4
  • 1 full bathroom, unit 5
  • 1 full bathroom, unit 6
  • 1 full bathroom, unit 7

Building

  • Built in 1960
  • 2 stories
  • 12 units in build
  • Year built description: Resale
  • Square footage source: SimpleTemplate
  • 12 tenants
  • 3 total units for unit 1
  • 1 total unit for unit 2
  • 2 total units for unit 3
  • 1 total unit for unit 4
  • 2 total units for unit 5
  • 1 total unit for unit 6
  • 2 total units for unit 7
  • Smoke Alarm
  • Hotel / Motel
  • Income

Cooling

  • Wall-Win A/C

Floors

  • Terrazzo Floor
  • Vinyl Floor

Heating

  • Window/Wall

Location

  • County: Palm Beach
  • Subdivision: INLET SHORES

Lot

  • 0 acres

Miscellaneous

  • Unit 1 description: 1 Bedroom
  • Annual rent, unit 1: 1400.00
  • Unit 2 description: Efficiency
  • Annual rent, unit 2: 1200.00
  • Unit 3 description: 2 Bedroom
  • Annual rent, unit 3: 1500.00
  • Unit 4 description: 5 Bedroom
  • Annual rent, unit 4: 2899.00
  • Unit 5 description: 1 Bedroom
  • Annual rent, unit 5: 1600.00
  • Unit 6 description: 2 Bedroom
  • Annual rent, unit 6: 1900.00
  • Unit 7 description: 1 Bedroom
  • Annual rent, unit 7: 1450.00
  • Fenced
  • Cable
  • Electric
  • Cash
  • Conventional
  • Exchange

Property

  • Property type: E
  • Zoning: CG
  • Waterfront: No
  • 1 mile to beach

Roof

  • Comp Shingle

Taxes

  • Real estate taxes: $24,540
  • Year: 2024

Utilities

  • 3.00 meter
  • Cable
  • Electric
  • Water Available

Map View


$2,225,000 - 107 27th Street Unit 1 -12, Riviera Beach, FL 33404

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107 27th Street Unit 1 -12
Riviera Beach, FL 33404
County: Palm Beach

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