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$900,000   Price Analysis
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150 W Blue Heron Blvd
Riviera Beach, FL 33404
6 bed 2 bath 1,552 SqFt ($579/SqFt)
5,650SqFt lot. Built 1950
Listed 2024-03-25, Taxes $3,415
Ⓧ USDA Ineligible
due to price & location

near Riviera Beach

Excellent Investment!!!

6 units in total on 2 different parcels. 4 seperate buildings. Below market rents at the moment.Market rents: 2 bed 1 baths $1, 800 X 2 = $3, 6001 bed 1 Baths $1, 300 X 4 = $5, 200 Potential $8, 800 monthly income2 rear buildings are 2 bed 1 baths units 2 front buildings have 2 units each. Each unit is a seperate 1 bed 1 baths for a total of 6 units. Major development happening in this area.Just over the bridge to Singer Island. Few blocks to Public marina and boat ramp drectly in front of Peanut Island. Super close to Port of Palm beach which has huge expansion plans for more cruise ships. 60 Pristine Townhomes being built around the corner. ''Reimagine Ri viera Beach'' will bring in a new city hall, recreation centers and a public library, among other construction projects on 80 acres. Close to downtown!

Huuge developments being built in the area! Residential, commercial and retail. 2 parcels are: 150 West Blue Heron Blvd Riviera Beach AND 160 West Blue Heron Blvd Riviera Beach


Presented by Michael Johnston at
The Keyes Company.
Listing Agent Photo

Property MLS #RX-10971885 from BeachesMLSFlex

Bedrooms: 6

Cooling Features: Wall-Win A/C
Heating Features: Window/Wall

Full Bathrooms: 2

Flooring: Laminate, Tile, Wood Floor

Lot Description: < 1/4 Acre
Lot Size Acres: 0.1297062
Lot Size Square Feet: 5650

Association: No
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 0

Gross Income: 78300.00
Tenant Pays: Electric, Water

Number of Units: 6
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Unit-1 Description: A/C Unit
Unit-3 Description: Unit 3 Desc: A/C Unit
Unit-4 Description: A/C Unit
Unit-1 Furnished Description: No
Unit-2 Furnished Description: No
Unit-1 Square Feet: 892
Unit-2 Square Feet: 892
Unit-3 Square Feet: 780
Unit-4 Square Feet: 780

Annual Tax Amount: 4131.52
Source Listing Status: Active
County: Palm Beach
Directions: I-95 to Blea Heron property on north side of street
Tax Year: 2023
Source Property Type: Residential Income
Area: 5280
Source Neighborhood: KIRKLINGTON PARK
Subdivision: KIRKLINGTON PARK
Zoning: OP(cit
Property Subtype: Quad Plex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$52,881 + $90,416
$143,297
$3,415
2021$unknown + $unknown
$74,613
$2,027
2020$unknown + $unknown
$67,830
$1,939
2019$unknown + $unknown
$61,664
$1,866
2018$unknown + $unknown
$56,058
$1,707
2017$unknown + $unknown
$50,962
$1,611
2016$unknown + $unknown
$46,329
$1,515
2015$unknown + $unknown
$42,117
$1,430
2014$unknown + $unknown
$38,288
$1,345
2013$unknown + $unknown
$34,807
$1,236
2012$unknown + $unknown
$31,643
$1,134
2011$unknown + $unknown
$37,875
$1,300
2010$unknown + $unknown
$45,525
$1,478
2008$unknown + $unknown
$70,673
$2,403
2007$unknown + $unknown
$94,844
$2,338

Listed 2024-03-25
$900,000
BeachesMLSFlex
Sold 2021-10-29
$210,000
Public Record
Sold 1997-06-02
$89,900
Public Record
Sold 1995-08-14
$47,500
Public Record

Net Operating Income: 70300.00
Operating Expense: 8000.00

Total Square Feet Living: 1552
Year Built: 1950
Construction Materials: CBS
Living Area Source: Tax Rolls
Property Age: 74
Property Condition: Resale
Roof: Comp Shingle
Levels or Stories: 1.0
Structure Type: Quadruplex
Total Area Sqft: 1736
Year Built Details: Resale

Electric: Yes
Cable

Lincoln Elementary School is a public elementary school located approximately 1.2 miles away.
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John F. Kennedy Middle School is a public middle school located approximately 1.6 miles away.
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Palm Beach Gardens High School is a public high school located approximately 4 miles away.
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Palm Beach Bilingual School is a private elementary and middle school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.