New Construction Duplex in
For Sale
$760,000
1192 AC Evans Street, Riviera Beach, FL 33404
New construction duplex in Riviera Beach, great for homeowners/investors.
Property Size3,050 SF
Price / SF$249.18
Days on Market197
Property Features for 1192 AC Evans Street
General Information
Standard status
Active
Size
3,050 SF
Property subtype
Multi-Family Income / Duplex
Taxes and HOA fees
Annual Taxes
$1,399
Amenities
Central Air
Separate Meters, Other
1.0
Vinyl
1
2
Block
Other
No
Duplex
Building Details
Year Built
2026
Listing Agency:
Capital Homes Inc
Listed By:
Nathali Delgado · License #3323461
(561) 504-8830
Source:
Compass
Added: Mar 27
Changed: Oct 8
Last Checked: Oct 7 at 3:39PM
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 Capital Homes Inc
Investment Insights
Based on property information with market context.
This brand-new construction duplex in Riviera Beach offers an opportunity for homeowners and investors. The property features a total of 3,050 square feet of living space. Each unit provides 1,525 square feet, including 3 bedrooms and 2.5 bathrooms, with a modern, functional layout. Constructed with durable CBS (Concrete Block Structure), the property offers quality and long-term durability. Each unit includes open-concept living areas connecting the kitchen, dining, and living spaces, along with spacious bedrooms and a primary suite. Contemporary finishes and efficient design characterize the homes. The property is located in Palm Beach County, with access to West Palm Beach, major highways, shopping, and dining, and is a 15-minute drive to the beach. It is located in a growing, high-demand area of Riviera Beach.
Key Highlights
- Brand‑new construction duplex: Ideal for homeowners or investors.
- Two units, each with 3 bedrooms and 2.5 bathrooms, totaling 3,050 sq ft of living space.
- Durable CBS construction.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,843
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,016,860
$1.0M
Cap Rate 7%
$726,329
$726.3K
Cap Rate 9%
$564,922
$564.9K
Market Conditions
NOI Build-Up for 3,050 SF
Gross rent
$76.9K $25.20/SF
− Vacancy
−$4.2K −$1.39/SF
EGI
$72.6K $23.81/SF
− OpEx
−$21.8K −$7.14/SF
NOI
$50.8K $16.67/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,016,860
Cap Rate 7%
$726,329
Cap Rate 9%
$564,922
Alternative Uses
Best Use
Multifamily LT 5
$726.3K
$635.5K – $847.4K
NOI $50,843 @ 7.0% cap · market cap 6.69%
Second Best
Apartment 5plus
$670.1K
$586.3K – $781.8K
NOI $46,907 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$2.15M
$1.88M – $2.51M
NOI $150,359 @ 7.0% cap · market cap 19.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
793
Businesses Nearby
Explore this area
Business Placement
Demographics for 33404, FL
31,869
Population
15,990
Households
2
Avg Household Size
42
Median Age
27%
College-Educated
87%
High-School Grad
7.3 sq mi
ZIP Area
4,366
Density / Sq Mi
$60,225
Median Household Income
$35,521
Median Earnings
$1,507
Median Rent
$305,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - New construction duplex in Riviera Beach, great for homeowners/investors.
Where is this duplex located?
The property is located at 1192 AC Evans Street Riviera Beach, FL.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: Brand‑new construction duplex: Ideal for homeowners or investors.; Two units, each with 3 bedrooms and 2.5 bathrooms, totaling 3,050 sq ft of living space.; Durable CBS construction.
