For Sale
$1,675,000

127 Blue Heron BlvdRiviera Beach, FL 33404

Nine-unit complex, high income potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a nine-unit mixed-use apartment building located at 127 W Blue Heron Blvd, Riviera Beach, FL 33404. The property, encompassing approximately 4,267 square feet on a 0.241-acre lot (APN: 56434228140090150), boasts a blend of residential units ranging from efficiencies to two-bedroom apartments. A unique feature is the inclusion of a commercial kitchen unit, ideally suited for catering or takeout services. Built in 1958 and extensively renovated in 2022, this Class C building is currently 50% occupied by long-term tenants, offering immediate cash flow. Its prime location in central Riviera Beach provides easy access to I-95 and the Port of Palm Beach (less than five minutes away). The property's zoning (Downtown General) allows for flexibility, making it suitable for various uses, including short-term rentals or an assisted living facility (ALF). The asking price is $1,675,000. This is a rare chance to acquire a well-maintained, income-generating property with significant upside potential in a thriving Florida market.

Property Details for 127 Blue Heron Blvd

Property type
Mixed-use properties, Apartment buildings
Square Feet
4,267 SF
Class
C
Year Built/Renovated
1958/2022
Buildings
1
Lot Size (sq. ft)
10,498 SF
Units
9

Location Insight

City
Riviera Beach
County
Palm Beach
State
Florida
Latitude
26.783456316522
Longitude
-80.056947368312
127 Blue Heron Blvd, Riviera Beach, Florida

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127 Blue Heron Blvd
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