NOT LISTED FOR SALE

2820 Avenue S Unit 5,6,7,8 Riviera Beach, FL 33404

Park Manor Neighborhood
-- Bed
-- Bath
3,075 Sq Ft
10,582 Sq Ft Lot

Last Sold May 05, 2017

Last sale price $330,000 $107 Per Sq Ft

74 Days on Market

Highlights

  • Water Views
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Impact Glass
  • Outdoor Grill

About This Home

As of May 2017

For sale are 2 fourplexes (each priced at $349,500) in spectacular condition. Turn key properties with impact windows and doors, tankless hot water heaters and fully occupied. New roof on one building. (6) 3 bedrooms 1 bath apartments and (2) 2 bedrooms 1 bath. Units are in great condition and well cared for my current owners. Rents are below as of current and being raised as leases renew. A financially stable long term cash flowing property. Financials are based on both buildings together and forward rents. Owners are increasing rents as leases renew.

Last Agent to Sell the Property

Jared Dalto

The Palm Beach Group License #3051700 Listed on: 01/20/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,083

Year Built

  • Built in 1965

Lot Details

  • 10,582

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,075 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Water Views
  • Impact Glass

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • 10,582 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $92,340
  • Rent includes electricity, cable TV, water
  • Assessor Parcel Number 56434229010000502

Community Details

Overview

  • 4 Units
  • Acrehome Park Subdivision

Building Details

  • Operating Expense $12,430
  • Net Operating Income $80,110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,083

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: From Blue Heron Blvd go North on Avenue S. Buildings are on the East side of street. There is a long Driveway that runs along all the buildings to the opposite street.
  • Year Built: 1965
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3075.0
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Outdoor Grill
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV, Water
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 56434229010000502
  • Lot Size Sq Ft: 10582.0
  • Zoning Description: RM-15(
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 80110.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 12430.0
  • Total Actual Rent: 92340.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3083.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold $330,000 -5.6% $107 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $349,500 -- $114 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10300553

BeachesMLS