24 E 27th Street 1, Riviera Beach, FL 33404

$236,150

Property Type: Residential Income Square Footage: 2,198 Status: Closed

Current Price: $236,150 List Date: 7/18/2015 Last Modified: 5/17/2026

Overview

Description

Great Opportunity to own this Multifamily building with 6 units that that are renting at $750 per month and is zoned General Commercial. This property backs up to 2700 Broadway that is also for sale. Both properties in total are 0.450 Acres. MLS# for 2700 Broadway is 10135904. But both property are totally separate and don't need to be sold together. This Multifamily building is one of five listed with a total of 20 units and is a package of five and must be sold together with RX- 10152725, 10152726, 10152732, 10152737, All must be sold together.

Listing Details MLS# R10152723

General Property Information

Number Of Units Total: 6
Property Sub Type: Triplex
Building Area Main: 2198
Building Area Source: Public Records
Living Area Main: 2070
Year Built: 1955
Lot Size Area: 10000
Lot Size Acres: 0.23
Senior Community YN: No
Stories: Yes
Pool Private YN: No

Property Features

Association Amenities: None Documents Available: None Exterior Features: None Flooring: Vinyl Property Condition: Resale Tenant Pays: None Source Of Expenses: Owner Provided Construction Materials: Concrete Cooling: None Heating: Other Listing Terms: Cash Pool Features: Concrete Possession: Close Of Escrow Restrictions: No Restrictions Roof: Concrete Sewer: Public Sewer Tax Information: City/County Utilities: Electricity Available; Sewer Available; Water Available View: Other Water Access: None Showing Requirements: 24 Hour Notice; Call Listing Agent; Occupied Occupant Details: Tenant Occupied Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Open Parking Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: Open Parking Contingencies: None Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 270000

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 24
Street Direction Prefix: E
Street Name: 27th
Street Suffix: Street
Unit Number: Yes
City Name: Riviera Beach
State Or Province: FL
Postal Code: 33404
Postal Zip: 33404
Subdivision Name: INLET SHORES
Area: 5280
Geographic Area: PB26
Special Assessment YN: No
Parcel Number: 56434228130000030
Zoning: CG
Directions: East of I-95 ON Blue Heron right on Broadway right on 27th street.
Multiple Offers Accepted: Yes

Financial Information

Tax Annual Amount: 3623.19
Tax Year: 2014
Tax Legal Description: INLET SHORES NO 2 LTS 3 & 4

Status Change Information

Major Change Timestamp: 2016-06-13T17:13:22Z
Major Change Type: Status Change
Price Change Timestamp: 2015-07-23T13:52:45Z
Status Change Date: 2016-06-13
Under Contract Date: 2016-04-15
Close Date: 2016-06-10
Close Price: 236150
Buyer Financing: Cash

More Information

Meter Information

Separate Electric Meters YN: Yes
Separate Water Meters YN: No

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Annual Total Expense: 21503
Gross Income: 52800
Net Operating Income: 31297

Unit 1 Details

Actual Rent: 725
Baths Full: Yes
Furnished: Unfurnished
SqFt: 414

Unit 2 Details

Actual Rent: 414
Baths Full: Yes
Furnished: Unfurnished
SqFt: 414

Unit 3 Details

Actual Rent: 725
SqFt: 414

Unit 4 Details

Actual Rent: 750
SqFt: 414

Price Calculations

Current Price To SqFt: 114.08
Original List Price To Close Price: 1.14

Originating Details

Originating System Key: 20150714165112783124000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

None: Yes

Exterior Features

None: Yes

Flooring

Vinyl: Yes

Property Condition

Resale: Yes

Documents Available

None: Yes

Tenant Pays

None: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Electricity Available: Yes
Sewer Available: Yes
Water Available: Yes

View

Other: Yes

Heating

Other: Yes

Water Access

None: Yes

Construction Materials

Concrete: Yes

Listing Terms

Cash: Yes

Pool Features

Concrete: Yes

Roof

Concrete: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

None: Yes

Showing Requirements

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

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Occupant Details

Tenant Occupied: Yes

Contingencies

None: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Open Parking: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Open Parking: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Unit 3 Parking Features

Open Parking: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes

Unit 4 Parking Features

Open Parking: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Listing Office: RE/MAX Advantage Plus

Last Updated: May - 17 - 2026

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24 E 27th Street 1, Riviera Beach, FL 33404 (MLS# R10152723)