1172 W 34th Street # 1 Riviera Beach, FL 33404
Four-unit quadplex with three 2-bedroom and one 3-bedroom unit, with annual leases in place.
- Added:
- May 25, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 20 at 9:33 am
Property Features for 1172 W 34th Street # 1
General Information
- Standard status
- Active
- Size
- 3,016 SF
- Lot size
- 0.17 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1960
Listing office Kanga Property Management
Listing date May 25, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Kanga Property Management
Investment Insights
Based on property information with market context.
The property is located in Riviera Beach, within the Pleasant Heights subdivision. It is described as minutes from Singer Island beaches and nearby shopping and dining, with easy access to I-95 and Blue Heron Blvd.
For investors or buyers seeking a small, manageable income asset, this quadplex offers a diversified unit mix across four separate homes. The existing leased status may support continuity of cash flow, and the straightforward 2-bedroom and 3-bedroom configuration can appeal to tenants looking for practical bedroom count options.
Key Highlights
- 4‑unit multifamily quadplex in Pleasant Heights, Riviera Beach, FL
- Unit mix: three 2 bed/1 bath units and one 3 bed/1 bath unit
- Approximately 3,000 sq ft total living area on a 0.17‑acre lot
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.0k | $25.20 |
| − Vacancy | −$4.2k | −$1.39 |
| EGI | $71.8k | $23.81 |
| − OpEx | −$21.5k | −$7.14 |
| NOI | $50.3k | $16.67 |
