540 W 1st Street Riviera Beach, FL 33404

0 Bedroom, 1,240 Sqft, Duplex

AGENT'S REMARKS ABOUT 540 W 1ST STREET

**Excellent Investment Opportunity!** Discover this income-generating property featuring **two separate buildings** Prime location with tremendous growth potential: - **Front Building:** 2 bed, 1 bath, currently rented at **$1, 850/month until 9/30/25**. **New A/C and ducts installed in October 2024.** - **Rear Building:1 bed, 1 bath, rented at $1, 350/month until **February 2025**. Both buildings are freshly painted, with roofs in great condition. **Roofs were replaced in 2014 and 2017.** **Market Rent Potential:** - 2 bed, 1 bath: **$2, 000/month** - 1 bed, 1 bath: **$1, 600/month** Located just steps from a **public marina and boat ramp** across from Peanut Island, this property is in a high-demand area.

PROPERTY DETAILS

  • Property Type: Duplex
  • Approx Living Area: 1,240 SqFt
  • Year Built: 1959
  • Lot Size: 5,036 SqFt
  • Age Restrictions: No Hopa
  • County: Palm Beach
  • Area: 5280
  • Subdivision: RIVIERA BEACH HEIGHTS ADD 4
  • Age Restricted: No Hopa
  • Annual Property Taxes: $3,994
  • Repo/Reo: No
  • Short Sale: No

MAP LOCATION FOR 540 W 1ST STREET RIVIERA BEACH, FL 33404

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Directions: Australian Ave to 1st go West

SIMILAR LISTINGS NEAR 540 W 1ST STREET

$485,000

0 bd • 0 ba • 1,323 Sq Ft

180 W 15th Street Riviera Beach FL, 33404

Do you have questions about 540 W 1st Street Riviera Beach, FL 33404? Contact us for more information and to schedule a tour. You can browse all Riviera Beach Real Estate and Homes for Sale. Brett Colby Group is a local top real estate service in Palm Beach County, FL. Your complete satisfaction is our First Priority.

Listing courtesy of The Keyes Company 12.02.2024