752 Martin Luther King Boulevard 1-5, Riviera Beach, FL 33404 (MLS# R11156558)

752 Martin Luther King Boulevard 1-5, Riviera Beach, FL 33404

$779,000
Property Type: Residential Income Square Footage: 15,502 Status: Active
Current Price: $779,000 List Date: 1/21/2026 Last Modified: 4/23/2026

Overview

Description

True 5-unit income-producing property offering strong cash flow and exceptional value-add potential. The building consists of five (5) 1-bedroom / 1-bath units, all with separate electric meters, providing ease of management and individual utility billing. Located on a General Commercial zoned lot, this property allows for a wide range of redevelopment and expansion opportunities, including the potential to add additional units (buyer to verify). The property is situated within a CRA (Community Redevelopment Area) and a designated Opportunity Zone, making it especially attractive for investors seeking tax advantages and long-term appreciation.

Listing Details MLS# R11156558

General Property Information

Property Sub Type
Quadruplex
Building Area Main
15502
Building Area Source
Public Records
Living Area Main
1944
Year Built
1930
Gated Community YN
No
Lot Size Area
15502
Lot Size Acres
0.36
Senior Community YN
No
Stories
Yes
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: Copy Of Lease(s); Deposit - Security; Other Electric: Three Phase Fencing: Fenced Flooring: Ceramic Tile Property Condition: Resale Tenant Pays: Electricity Source Of Expenses: Owner Provided Construction Materials: CBS; Frame Cooling: Wall/Window Unit(s) Heating: Other Listing Terms: Cash; Conventional Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: West of US-1 Roof: Composition Tax Information: City/County Utilities: Cable Available Water Access: None Showing Requirements: Call Listing Agent; Key In Office; Occupied Occupant Details: Tenant Occupied Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Disposal Unit 2 Parking Features: Parking Space Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
799000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
752
Street Name
Martin Luther King
Street Suffix
Boulevard
Unit Number
1-5
City Name
Riviera Beach
State Or Province
FL
Postal Code
33404
Postal Zip
33404
Subdivision Name
INLET CITY
Area
5280
Geographic Area
PB26
Parcel Number
56434232010210180
Zoning
CG(cit
Directions
Mlk West of Dixie corner of I and MLk

Financial Information

Tax Annual Amount
7850
Tax Year
2025
Tax Legal Description
INLET CITY LTS 18 TO 21 INC BLK 21

Status Change Information

Major Change Timestamp
2026-04-23T16:49:14Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-04-23T16:49:14Z
Status Change Date
2026-01-21

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
Yes

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Annual Total Expense
20512
Gross Income
85200
Net Operating Income
64688

Storm Protection

Impact Glass
Complete

Showing Details

Pet(s) on Premises
No

Unit 1 Details

Actual Rent
1500
Baths Full
Yes
Furnished
Unfurnished
SqFt
500

Unit 2 Details

Actual Rent
1500
Baths Full
Yes
Furnished
Unfurnished
SqFt
500

Unit 3 Details

Actual Rent
1500
Baths Full
Yes
SqFt
500

Unit 4 Details

Actual Rent
1500
Baths Full
2
SqFt
500

Price Calculations

Current Price To SqFt
411

Originating Details

Originating System Key
20260118223727274917000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Electric

Three Phase
Yes

Flooring

Ceramic Tile
Yes

Property Condition

Resale
Yes

Documents Available

Copy Of Lease(s)
Yes
Deposit - Security
Yes
Other
Yes

Fencing

Fenced
Yes

Tenant Pays

Electricity
Yes

Possession

Close Of Escrow
Yes

Utilities

Cable Available
Yes

Heating

Other
Yes

Water Access

None
Yes

Construction Materials

CBS
Yes
Frame
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Road Frontage Type

West of US-1
Yes

Roof

Composition
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Call Listing Agent
Yes
Key In Office
Yes
Occupied
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Occupant Details

Tenant Occupied
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 1 Rooms

Kitchen
Yes

Unit 2 Appliances

Disposal
Yes

Unit 2 Parking Features

Parking Space
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes
IDX
Listing Office: Troy Estates LLC
Last Updated: April - 23 - 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.
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