For Sale
$1,675,000

127 Blue Heron BlvdRiviera Beach, FL 33404

High-income 9-unit mixed-use property in prime location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 9-unit multi-family/mixed-use complex located at 127 W Blue Heron Boulevard, Riviera Beach, Florida, 33404. The property, built in 1958, offers a diverse mix of residential units, ranging from efficient studios to two-bedroom apartments. A unique feature is the inclusion of a commercial kitchen unit, fully equipped for catering and takeout services. This versatility allows for a range of income streams and operational strategies. The complex enjoys a central Riviera Beach location, providing convenient access to I-95 and proximity to the Port of Palm Beach (less than 5 minutes away). Currently, the property is fully occupied with long-term tenants, presenting a stable income stream. However, its configuration is well-suited for alternative uses, including short-term rentals or as an assisted living facility (ALF). The asking price is $1,675,000. The lot size is not specified. This property offers significant potential for investors seeking a high-yield, multi-faceted investment in a desirable Florida location. The property's diverse unit mix and strategic location make it an attractive prospect for a variety of investment strategies.

Property Details for 127 Blue Heron Blvd

Property type
Specialty properties
Year Built
1958
Units
9

Location Insight

City
Riviera Beach
County
Palm Beach
State
Florida
Latitude
26.7833331
Longitude
-80.0569743
127 Blue Heron Blvd, Riviera Beach, Florida

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127 Blue Heron Blvd
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