2721 Avenue S, Riviera Beach, FL 33404
MULTI_FAMILY - Riviera Beach, FL
- Added:
- Aug 30, 2025
- Days on Market:
- 296
- Last Refresh:
- Jun 21 at 1:06 pm
Property Features for 2721 Avenue S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM-15(
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 3, Bathroom 2
- Standard status
- Active
- APN
- 56434229011060010
- Size
- 3,099 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- ACREHOME PARK TH PT OF LT 106 K/A UNIT A
- Tax Annual Amount
- 2185
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1967
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Tile
- Building materials
- CBS, Concrete
- Roof type
- Composition
Listing agent Eran Margalit License #3349130 (310) 927-9202
Listing office Highlight Realty Corp/LW 5323 Lake Worth Rd, FL (561) 641-6787
Listing date Aug 30, 2025
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
- Legal fourplex with separate water and power meters
- Year built 1967
- Central heating and central air
- Composition roof
- Tile flooring throughout
- Utilities: cable available; sewer: septic tank
Overview
Located in Riviera Beach, Florida, the offering is situated on a 0.16-acre lot in Palm Beach County. The property is marketed for sale at 2721 Avenue S, Riviera Beach, FL 33404.
With four residential units under one legal structure and utility metering separated by unit, the property may appeal to buyers looking to manage multiple revenue streams while maintaining practical controls around utilities. It is also a good fit for investors who want a compact, established fourplex product type within a recognized residential income category.
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 | $78.1k | $25.20 |
| − Vacancy | −$4.3k | −$1.39 |
| EGI | $73.8k | $23.81 |
| − OpEx | −$22.1k | −$7.14 |
| NOI | $51.7k | $16.67 |
Alternative Uses
Current Use by Public Records
Map
- City
- Riviera Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.080879
- Latitude
- 26.784686
