Duplex
For Sale
$689,900
1562 W 26th Court, Riviera Beach, FL 33404
A single-story residence offers three bedrooms and two bathrooms in Fontaine Subdivision.
Property Size2,360 SF
Price / SF$292.33
Days on Market17
Property Features for 1562 W 26th Court
General Information
Standard status
Active
Size
2,360 SF
Property subtype
Duplex
Building Details
Year Built
2022
Stories
1
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Kler S Rosenberg · License #3656413
(305) 307-2777
Source:
Lehmannflorida
Added: Oct 6
Changed: Oct 21
Last Checked: Oct 21 at 2:33AM
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 Real Broker, LLC
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Investment Insights
Based on property information with market context.
Classified as a duplex property, this Riviera Beach offering includes a single-story villa with three bedrooms and two bathrooms. The residence contains 1,180 square feet and was built in 2022.
Key Highlights
- 1,180‑square‑foot single‑story villa
- Three bedrooms and two bathrooms
- 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
NOI $39,341 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$518.5K
$453.7K – $604.9K
NOI $36,295 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M
NOI $116,343 @ 7.0% cap · market cap 16.86%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
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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?
Duplex - A single-story residence offers three bedrooms and two bathrooms in Fontaine Subdivision.
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: 1,180‑square‑foot single‑story villa; Three bedrooms and two bathrooms; Built in 2022
