1216 Surf Road, Riviera Beach, FL 33404

New Listing

$3,400,000

Property Type: Residential Income Square Footage: 5,376 Status: Active

Current Price: $3,400,000 List Date: 7/14/2026 Last Modified: 7/14/2026

Overview

Description

An exceptional investment opportunity awaits with this fully updated four-unit townhome complex, offering four spacious residences, each featuring 2 bedrooms, 2 full bathrooms, and 1 half bathroom. Thoughtfully renovated throughout, every unit showcases updated kitchens and bathrooms, new appliances, impact windows, and 2022 A/C systems, providing a turnkey opportunity for investors seeking immediate income potential with minimal maintenance. The property offers multiple income streams, with one unit currently operating as a successful Airbnb while the remaining three units are slated for corporate lease occupancy. Each townhome also features a private covered screened patio, creating an inviting outdoor living space for tenants and guests.

Supplements: Ideally located just minutes from the beach, premier shopping, dining, and entertainment, this is a rare opportunity to own a versatile income-producing property in a highly desirable location. Please see Broker Remarks for additional details regarding the current leasing structure. Investment opportunities like this rarely come to market—schedul ... (Read more)

Listing Details MLS# B26052283

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 5376
Building Area Source: Public Records
Living Area Main: 5312
Living Area Source: Public Records
Accessibility Features YN: No
Year Built: 1968
Parking Total: 10
Gated Community YN: No
Lot Size Dimensions: 102 x 124
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Pool Private YN: No
LP/Assessed Value: 14.4

Property Features

Documents Available: Copy Of Lease(s) Exterior Features: Other Flooring: Ceramic Tile; Vinyl Foundation Details: Slab Leasing Permitted Details: Okay To Lease; Short Term Rentals Allowed Property Condition: Resale Special Listing Conditions: Standard Structure Type: Townhouse Tenant Pays: Electricity; Insurance; Water Construction Materials: CBS Cooling: Central Air Heating: Central Listing Terms: 1031 Exchange; Cash Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Restrictions: No Restrictions Roof: Shingle Sewer: Public Sewer Tax Information: City/County Utilities: Electricity Connected; Water Connected View: Garden Water Source: Public Showing Requirements: 24 Hour Notice; Call Listing Agent; Text Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Covered; Patio - Screened Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 1 Rooms: Family Room Unit 2 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Parking Space Unit 2 Rooms: Family Room Unit 3 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 3 Rooms: Family Room Unit 4 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 4 Parking Features: Parking Space Unit 4 Rooms: Family Room

Contract Information

Comp Sale YN: No
Original List Price: 3400000
Negotiable Seller Concessions YN: Yes
Listing Service: Full Service

Location and Legal

Country: United States
County Or Parish: Palm Beach
Street Number: 1216
Street Name: Surf
Street Suffix: Road
Municipality Type: Incorporated
Municipal Code: 56
State Or Province: FL
Postal Code: 33404
Postal Code +4: 3831
Subdivision Name: YACHT HARBOR EST
Area: 5240
Geographic Area: PB28
Elementary School: Lincoln
Middle Or Junior School: John F. Kennedy (Palm Beach)
High School: William T. Dwyer
Special Assessment YN: No
Parcel Number: 56434227030090051
Subdivision Number: 3
Zoning: RMH-15 (city)
Flood Zone: AE
Multiple Offers Accepted: Yes

Financial Information

Master Association YN: No
Tax Annual Amount: 5173.44
Tax Year: 2025
Tax Assessed/SOH Value: 236116
Tax Legal Description: YACHT HARBOR ESTATES W 28.86 FT OF LT 5 BLK 9
Assessor Market Value: 266737
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-07-14T20:04:52Z
Major Change Type: New Listing
Status Change Date: 2026-07-14

More Information

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes
Short Term Rentals Allowed: Yes

Meter Information

Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 4
Separate Gas Meters YN: No
Separate Water Meters YN: Yes
Number Of Separate Water Meters: 4

Pet Details

Pet Fee YN: No

Leasing Restrictions

Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: 365

Unit 1 Details

Actual Rent: 3800
Baths Full: 2
Baths Half: Yes
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 5312

Unit 1 Lease Description

Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-07-01
Occupant Type: Tenant

Unit 1 Parking Details

Carport YN: No
Garage YN: No

Unit 2 Details

Actual Rent: 3800
Baths Full: 2
Baths Half: Yes
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 1328

Unit 2 Lease Description

Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-07-01
Occupant Type: Tenant

Unit 2 Parking Details

Carport YN: No
Garage YN: No

Unit 3 Details

Actual Rent: 3800
Baths Full: 2
Baths Half: Yes
Efficiency YN: No
SqFt: 1328

Unit 3 Parking Details

Carport YN: No
Garage YN: No

Unit 4 Details

Actual Rent: 3800
Baths Full: 2
Baths Half: Yes
Efficiency YN: No
SqFt: 1328

Unit 4 Lease Description

Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-07-01

Unit 4 Parking Details

Carport YN: No
Garage YN: No

Price Calculations

Current Price To SqFt: 640.06

Originating Details

Originating System Key: 20260714184517355748000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Exterior Features

Other: Yes

Flooring

Ceramic Tile: Yes
Vinyl: Yes

Foundation Details

Slab: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Documents Available

Copy Of Lease(s): Yes

Structure Type

Townhouse: Yes

Tenant Pays

Electricity: Yes
Insurance: Yes
Water: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Electricity Connected: Yes
Water Connected: Yes

View

Garden: Yes

Heating

Central: Yes

Construction Materials

CBS: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes

Roof

Shingle: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes

Showing Requirements

24 Hour Notice: Yes
Call Listing Agent: Yes
Text Listing Agent: Yes

Main Living Area

Entry Level: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

No Restrictions: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Patio: Yes

Patio Details

Patio - Covered: Yes
Patio - Screened: Yes

Unit 1 Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 1 Patio/Porch

Patio/Porch: Yes

Unit 1 Rooms

Family Room: Yes

Unit 2 Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 2 Patio/Porch

Patio/Porch: Yes

Unit 2 Rooms

Family Room: Yes

Unit 3 Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 3 Patio/Porch

Patio/Porch: Yes

Unit 3 Rooms

Family Room: Yes

Unit 4 Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 4 Parking Features

Parking Space: Yes

Unit 4 Patio/Porch

Patio/Porch: Yes

Unit 4 Rooms

Family Room: Yes

Listing Office: Elevate Realty LLC

Last Updated: July - 14 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

1216 Surf Road, Riviera Beach, FL 33404 (MLS# B26052283)