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    Riviera Beach Duplex with Potential Title is generated by Realmo AI

    131 W 35th Street, Riviera Beach, FL 33404

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    Claim this Listing
    For Sale
    Under Contract
    $329,900

    MULTI_FAMILY - Riviera Beach, FL

    Property size:
    1,644 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $200/SF
    Added:
    Apr 22, 2026
    Days on Market:
    52
    Last Refresh:
    Jun 12 at 1:06 am

    Property Features for 131 W 35th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RS-6 (city)
    Bedrooms
    4
    Rooms
    Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4
    Patio and Porch features
    Patio
    Pets allowed
    Dogs OK, Yes, No, Cats OK
    Standard status
    Active Under Contract
    APN
    56434228300020170
    Size
    1,644 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    WHITE CAPS SUB LT 17 BLK 2
    Tax Annual Amount
    6504

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1956
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    Block, CBS
    Roof type
    Shingle

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    Listing Contact
    Kiyana Gauvin

    Listing agent Kiyana Gauvin License #3372953

    Listing office EXP Realty LLC 10752 Deerwood Park Blvd #100, Tampa, FL

    Listing date Apr 22, 2026

    MLS# B26019511 Listing URL

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Duplex built in 1956 with CBS/block construction and a shingle roof
    • Two 2‑bedroom, 1‑bath units in the duplex
    • One unit is renovated and move‑in ready; the other is down to the studs for customization
    • Separate electric meters for the two units
    • Central heating and central A/C; vinyl flooring
    • Public water service and public sewer

    Overview

    Located in Riviera Beach, Florida, the property at 131 W 35th Street is a duplex featuring two units, each with 2 bedrooms and 1 bath. One unit has been renovated and is move-in ready. The second unit is unfinished, offering the opportunity for customization. The property has separate electric meters for each unit. Situated in an area experiencing growth and surrounded by major development, this property presents a value-add opportunity. The property is zoned RS-6 (city). The lot size is 0.12 acres. The property is located minutes from the beach, downtown West Palm Beach, and major highways. The property size is 1,644 square feet.

    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 $41.4k $25.20
    − Vacancy −$2.3k −$1.39
    EGI $39.2k $23.81
    − OpEx −$11.7k −$7.14
    NOI $27.4k $16.67
    1,644 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $391.5K
    $342.6K – $456.8K (±1% cap)
    NOI $27,405 @ 7.0% cap · market cap 8.31%
    Second Best
    Apartment 5plus
    $361.2K
    $316.1K – $421.4K (±1% cap)
    NOI $25,284 @ 7.0% cap · market cap 7.66%
    Theoretical Best
    Office A
    $1.16M
    $1.01M – $1.35M (±1% cap)
    NOI $81,046 @ 7.0% cap · market cap 24.57%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Riviera Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.056993
    Latitude
    26.790472

    FAQs

    What type of property is this?
    Duplex - Duplex with renovated unit and development potential near the beach.
    Where is this duplex located?
    The property is located at 131 W 35th Street Riviera Beach, FL.
    What is the asking price?
    The asking price for this property is $329,900.
    What are key features of this property?
    This property features: Duplex built in 1956 with CBS/block construction and a shingle roof; Two 2‑bedroom, 1‑bath units in the duplex; One unit is renovated and move‑in ready; the other is down to the studs for customization
    More about this property
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