Property profile

1133 30Th St West Palm Beach, FL 33404

OFF-MARKET
Apartment buildings
2,603 SF Built 1965
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Apartment buildings
Year built 1965
Total area 2,603 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1133 30Th St West Palm Beach, FL 33404
West Palm Beach metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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