Commercial property in Riviera Beach, Florida № 2033825

Commercial property in Riviera Beach, Florida № 2033825
ID2033825 $ 850 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2033825

Property description

An exceptional opportunity to acquire a newly constructed duplex at 1538 W 26 Ct, Riviera Beach. Built between 2022 and 2023, this modern property comprises two high-quality three-bedroom, two-bathroom units designed for today’s demand for contemporary, functional living. Each unit features modern finishes, impact-resistant windows, and a single-family residential feel, allowing the duplex to command premium rents in the local submarket. Strategically located within the Fontaine Subdivision, the property offers immediate access to Interstate 95, the Port of Palm Beach, and the rapidly expanding Broadway Corridor. It sits amid a transformative redevelopment wave that is repositioning Riviera Beach as a vibrant waterfront destination. Ongoing public and private investments, including major mixed-use and marina developments, continue to drive long-term growth in the area. Currently generating $60,000 in gross annual income, with units commanding rents between $2,400 and $2,600 per month, the duplex provides stable in-place cash flow with strong fundamentals supported by continued capital investment and rising demand for high-quality housing in this evolving coastal market.
MLS #: A11972745
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CityRiviera Beach
Address1538 W 26th Ct, Riviera Beach FL 33404
TypeCommercial property
Completion dateIV quarter, 2022
Parking places2
Price
  • Price
  • per m²
$ 850 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £