1133 30Th St West Palm Beach, FL 33404
- Apartment buildings
- 2,603 SF
Current Use by Public Records
- Apartment buildings
Property Details for 1133 30Th St
- Year built
- 1965
- Property size
- 2,603 SF
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional three-unit apartment building, located at 1133 W 30th Street in Riviera Beach, Florida, presents a compelling investment opportunity. Built in 1965, this single-story, concrete block structure boasts a total of 2,603 square feet and sits on a lot zoned RM-15—MULTIPLE FAMILY DWELLING (56-RIVIERA BEACH). The property features a desirable unit mix, including one three-bedroom, two-bathroom unit and two two-bedroom, one-bathroom units. Recent upgrades include a brand-new roof, AC systems, and windows, ensuring long-term value and reduced maintenance costs. Each unit is individually metered for water and electricity, with tenants responsible for all utilities, maximizing rental income and minimizing landlord expenses. The property's location in a strong rental market guarantees consistent cash flow, making it an ideal addition to any investment portfolio. The asking price is $651,000. This is a turnkey opportunity to acquire a well-maintained, cash-flowing multifamily property in a desirable location. The property's solid construction and recent renovations minimize immediate capital expenditure needs, allowing for immediate return on investment. Don't miss this chance to secure a profitable investment in the thriving Riviera Beach rental market.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0713
- Latitude
- 26.7866
