Multifamily
New
For Sale
$395,000
1472 W 34th Street, Riviera Beach, FL 33404
This multifamily property was built in 1956 and is being sold pursuant to a court order.
Property Size1,816 SF
Days on Market5
Property Features for 1472 W 34th Street
General Information
Standard status
Active
Size
1,816 SF
Property subtype
Quadruplex
Property Condition
Severity
Repairs Needed
Evidence
NEEDS T.L.C.
Taxes and HOA fees
Annual Taxes
$3,916
Building Details
Building Size
1,816 SF
Year Built
1956
Listing Agency:
Taylor Realty Group LLC
Listed By:
Daniel Taylor · License #0433146
(561) 373-7000
Source:
Meyerlucas
Added: Oct 9
Changed: Oct 11
Last Checked: Oct 13 at 1:51AM
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 Taylor Realty Group LLC
Investment Insights
Based on property information with market context.
Built in 1956, this multifamily property is located in Riviera Beach, Florida. The sale is court ordered.
Key Highlights
- Built in 1956
- Offered through a court‑ordered sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,929
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,580
$558.6K
Cap Rate 7%
$398,986
$399.0K
Cap Rate 9%
$310,322
$310.3K
Market Conditions
NOI Build-Up for 1,816 SF
Gross rent
$53.2K $29.28/SF
− Vacancy
−$2.4K −$1.32/SF
EGI
$50.8K $27.96/SF
− OpEx
−$22.9K −$12.58/SF
NOI
$27.9K $15.38/SF
Area
Palm Beach County, FL
Vacancy
4.50%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,580
Cap Rate 7%
$398,986
Cap Rate 9%
$310,322
Alternative Uses
Best Use
Apartment 5plus
$399.0K
$349.1K – $465.5K
NOI $27,929 @ 7.0% cap · market cap 7.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,525 @ 7.0% cap · market cap 22.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
587
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?
Multifamily property - This multifamily property was built in 1956 and is being sold pursuant to a court order.
Where is this multifamily property located?
The property is located at 1472 W 34th Street Riviera Beach, FL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Built in 1956; Offered through a court‑ordered sale
