4-Unit
New
For Sale
$850,000
1533 W 26th Ct, Riviera Beach, FL 33404
Residential Income, Riviera Beach, FL
Property Size3,000 SF
Price / SF$283.33
Days on Market2
Property Features for 1533 W 26th Ct
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
RM-15 (c
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 6, Bathroom 4, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 5
Parking
4
Subdivision
SHADY GROVE
Lot features
< 1/4 Acre
Standard status
Active
APN
56434229210000080
Size
3,000 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
SHADY GROVE LTS 8 TO 10 INC
Tax Annual Amount
12734
Legal Description
SHADY GROVE LTS 8 TO 10 INC
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2021
Floors in Building
1
Flooring type
Tile - Ceramic
Building materials
CBS (Concrete Block Structure), Block
Roof type
Tile
Listing Agency:
Crane Reed Properties, LLC
(561) 745-2339
Listed By:
Charu Ojha · License #3205889
(561) 401-3920
Added: Oct 21
Last Checked: Oct 22 at 8:06AM
MLS# A12110890
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,000-square-foot quadplex contains four separate rental units. Built in 2021, the property has concrete block construction, a tile roof, and ceramic tile flooring. Central heating and central air serve the building, with public sewer service.
Key Highlights
- Four separate rental units
- 3,000 square feet of building area
- Built in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,009
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,000,180
$1.0M
Cap Rate 7%
$714,414
$714.4K
Cap Rate 9%
$555,656
$555.7K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$75.6K $25.20/SF
− Vacancy
−$4.2K −$1.39/SF
EGI
$71.4K $23.81/SF
− OpEx
−$21.4K −$7.14/SF
NOI
$50.0K $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%
$1,000,180
Cap Rate 7%
$714,414
Cap Rate 9%
$555,656
Alternative Uses
Best Use
Multifamily LT 5
$714.4K
$625.1K – $833.5K
NOI $50,009 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$659.1K
$576.7K – $769.0K
NOI $46,138 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,894 @ 7.0% cap · market cap 17.40%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
603
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four distinct rental units are housed within one multifamily property.
Where is this quadplex located?
The property is located at 1533 W 26th Ct Riviera Beach, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Four separate rental units; 3,000 square feet of building area; Built in 2021
