151 Riviera Dr Pasadena, MD 21122
Estimated payment $3,420/month
Highlights
- 1 Boat Dock
- Home fronts navigable water
- Public Beach
- Pier
- Boat Ramp
- 3-minute walk to Riviera Beach Community Park
About This Home
Riviera Beach Multi-Unit Opportunity
So many possibilities with this versatile property! With county permitting, the existing structure may be converted into a single-family home with an attached in-law suite, offering flexibility for multi-generational living or continued income potential.
This licensed three-unit property sits on a fenced corner lot just off the main street in the heart of Riviera Beach. Enjoy a highly walkable location—two blocks from the bus stop and within easy walking distance to grocery stores, convenience shops, restaurants, and more.
Unit Details
Main Level – Unit A: 1 bedroom, kitchen, living room, and full bath
Main Level – Unit B: 2 bedrooms, kitchen, dining room, living room, full bath, and laundry area
Upper Level – Unit C: 1 bedroom, kitchen/dining combination, living room, and full bath
Each unit is equipped with ceiling fans and air conditioning and maintains separate occupancy and lead inspection certifications.
An excellent investment opportunity in a desirable, water-privileged community featuring a sandy beach, boat ramp, pier, community parks, walking paths, schools, and churches.
Additional Notes:
Long-term tenant in Unit C (currently month-to-month)
Also listed under Residential MDAA2128910
Unique opportunity for this multi-dwelling property with strong income potential. Two of the existing tenants are on month-to-month leases and, having benefited from the landlord’s generosity, are prepared to vacate.
Unit A: Monthly rent $1,500.00, currently month-to-month (estimated market rent $1,800.00)
Unit B: Monthly rent $1,150.00 (below market) with a lease in place through the end of 2026 (estimated market rent $1,400.00)
Unit C: Monthly rent $750.00, currently month-to-month (estimated market rent $1,200.00)
Tenants are paying below market rent.
Tenant Notices: Notice has been served to all tenants. There is a detached garage on property, unit C currently uses garage, could potentially be income producing
Listing Agent
(443) 274-1900 blocantore@remax.net RE/MAX Executive Brokerage Phone: 4432741900 Listed on: 10/16/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,008
Year Built
- Built in 1952
Lot Details
- 9,150 Sq Ft Lot
- Home fronts navigable water
- Public Beach
- Creek or Stream
- Private Lot
- Corner Lot
- Cleared Lot
- Back, Front, and Side Yard
- Property is in excellent condition
Parking
- 1 Car Detached Garage
- Rear-Facing Garage
- Brick Driveway
Home Design
- Cape Cod Architecture
- Brick Foundation
- Stucco
Interior Spaces
- Soaking Tub
- Ceiling Fan
- Replacement Windows
- Window Screens
- Six Panel Doors
- Family Room Off Kitchen
- Open Floorplan
- Dining Area
- Unfinished Basement
- Exterior Basement Entry
Kitchen
- Second Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Stove
- Range Hood
Flooring
- Engineered Wood
- Carpet
Laundry
- Electric Dryer
- Washer
Home Security
- Storm Doors
- Fire and Smoke Detector
Outdoor Features
- Pier
- Canoe or Kayak Water Access
- Private Water Access
- Personal Watercraft
- Waterski or Wakeboard
- Sail
- Swimming Allowed
- Boat Ramp
- 1 Boat Dock
- Private Dock
- Powered Boats Permitted
- Exterior Lighting
Schools
- Riviera Beach Elementary School
- Northeast Middle School
- Northeast High School
Utilities
- Ductless Heating Or Cooling System
- Multiple cooling system units
- Central Air
- Electric Baseboard Heater
- Above Ground Utilities
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 020371827773100
Community Details
Recreation
- 1 Community Docks
Additional Features
- Pasadena Subdivision
- Rent Control
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,938 | $346,133 | -- | -- |
| 2024 | $4,938 | $331,300 | $161,500 | $169,800 |
| 2023 | $3,563 | $326,300 | $0 | $0 |
| 2022 | $4,470 | $321,300 | $0 | $0 |
| 2020 | $4,253 | $312,567 | $0 | $0 |
| 2019 | $2,370 | $308,833 | $0 | $0 |
| 2018 | $3,094 | $305,100 | $144,000 | $161,100 |
| 2017 | $3,735 | $270,433 | $0 | $0 |
| 2016 | -- | $235,767 | $0 | $0 |
| 2015 | -- | $201,100 | $0 | $0 |
| 2014 | -- | $201,100 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/16/2025 10/16/25 | For Sale | $599,000 | -- | $263 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $185,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $133,000 | Purchase Money Mortgage |
Source: Bright MLS
MLS Number: MDAA2128774
APN: 03-718-27773100
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