56 W 12th St, Riviera Beach, FL 33404
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56 W 12th St, Riviera Beach, FL 33404
56 W 12th St, Riviera Beach, FL 33404
56 W 12th St, Riviera Beach, FL 33404
56 W 12th St, Riviera Beach, FL 33404
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Sylvio Martini

Sylvio Martini

+1(305) 876-4420
$ 1,400,000
Est. payment /mo
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Price Dropped by $100K

56 W 12th St Riviera Beach, FL 33404

4,760 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,760 sqft

Price per Sqft $294

Subdivision Riviera In Pb 2

MLS Listing ID A11939822

Style Fourplex

HOA Y/N No

Year Built 2021

Annual Tax Amount $14,198

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

MOTIVATED SELLER WITH A HIDDEN GEM IN PLAIN SIGHT -- This 2021 CBS building is an incredible deal for an experienced investor with four spacious 3-bedroom, 2-bathroom apartments, an outstanding opportunity to capture long-term upside in a rapidly appreciating waterfront corridor. Perfectly positioned in the revitalized Marina Village District, this property offers unmatched proximity to: The iconic Peanut Island, The Port of Palm Beach Terminals, Award-winning snorkeling and stunning watersport facilities. The Related Group is currently constructing 149 Residences at Marina Village, rising 8 stories, while SobelCo is building a transformative 1.23 million SF development with 508 new condos on the 4.27 acres full city block site right in front of this quadplex. Currently, 2 units are vacant with ownership paying about $450/month in utilities for the whole building.
(DISCLAIMER: Seller may, at seller's sole discretion, withdraw the property from the market or suspend marketing activities at any time, including but not limited to ongoing lease negotiations with a corporate tenant. Listing subject to change or withdrawal without notice. No obligation to sell is implied.)

Location

State FL

County Palm Beach

Community Riviera In Pb 2

Area 5420

Interior

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Concrete, Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Other,Shingle

Total Parking Spaces 8

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Others

Tax ID 56434233060130120

Acceptable Financing Conventional, FHA

Listing Terms Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11939822

Miami Association of Realtors (SEFMIAMI MLS)
Listed by BAWONS Properties, Inc

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Sylvio Martini
Sylvio Martini

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+1(305) 876-4420 | martini@miamirealtysolution.com

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56 W 12th St