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Duplex Property with Patio
New
For Sale
$689,900

1562 W 26th Court, Riviera Beach, FL 33404

Residential Income, Riviera Beach, FL

Property Size2,360 SF
Lot Size0.13 Acres
Price / SF$292.33
Days on Market4

Property Features for 1562 W 26th Court

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RM-15 (city)
Bedrooms 6
Full bathrooms 4
Rooms Bedroom 1, Bedroom 6, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 5, Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 3
Window features Blinds
Patio and Porch features Patio
Pets allowed Yes, No
Fencing Fenced, Gate
Subdivision FONTAINE SUBDIVISION
Lot features Interior Lot
Middle school John F. Kennedy (Palm Beach)
High school Palm Beach Gardens
Standard status Active
APN 56434229670000020
Size 2,360 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description FONTAINE SUBDIVISION LT 2
Tax Annual Amount 11041
Legal Description FONTAINE SUBDIVISION LT 2

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Ceiling Fan(s), Central Air
Water source Public

Building Details

Year built 2022
Floors in Building 1
Number of units 2
Flooring type Wood, Tile - Ceramic, Tile
Building materials CBS, Stucco
Roof type Shingle
Listing Agency: Real Broker LLC
Listed By: Kler S Rosenberg · License #3656413
Added: Oct 6 Changed: Oct 8 Last Checked: Oct 9 at 1:06AM
MLS# B26084928

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.

Investment Insights

Based on property information with market context.

This duplex property contains 2,360 square feet on a 0.13-acre lot and was built in 2022. Construction includes CBS and stucco, with a shingle roof. Interior finishes include wood and ceramic tile flooring. Central heating and central air conditioning serve the property, with ceiling fans also noted.

A patio, gated fencing, and access to public water and public sewer are among the site and utility features. Cable service is available. The property is located in Riviera Beach, Florida, and carries city RM-15 zoning.

Key Highlights

  • 2,360 square feet of property size
  • City RM‑15 zoning
  • Built in 2022

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,341
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$786,820 $786.8K
Cap Rate 7%
$562,014 $562.0K
Cap Rate 9%
$437,122 $437.1K
Market Conditions
NOI Build-Up for 2,360 SF
Gross rent
$59.5K $25.20/SF
− Vacancy
−$3.3K −$1.39/SF
EGI
$56.2K $23.81/SF
− OpEx
−$16.9K −$7.14/SF
NOI
$39.3K $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%
$786,820
Cap Rate 7%
$562,014
Cap Rate 9%
$437,122

Alternative Uses

Best Use
Multifamily LT 5
$562.0K
$491.8K – $655.7K (±1% cap)
NOI $39,341 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$518.5K
$453.7K – $604.9K (±1% cap)
NOI $36,295 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M (±1% cap)
NOI $116,343 @ 7.0% cap · market cap 16.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

603
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - City RM-15 zoning and central heating and air conditioning serve this two-unit residential property.
Where is this duplex located?
The property is located at 1562 W 26th Court Riviera Beach, FL.
What is the asking price?
The asking price for this property is $689,900.
What are key features of this property?
This property features: 2,360 square feet of property size; City RM‑15 zoning; Built in 2022
More about this property
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