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.
For sale
$769,000
752 Martin Luther King Boulevard #1-5, Riviera Beach, FL 33404
5beds
5baths
1,944sqft
Quadruplex, Multi Family, Multi Family
Built in 1930
-- sqft lot
$739,400 Zestimate®
$396/sqft
$-- HOA
What's special
- 216 days |
- 133 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Fahrettin B Ergel 561-827-3141,
Troy Estates LLC
Source: BeachesMLS,MLS#: R11156558
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Other
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 15,502
- Total interior livable area: 1,944 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Fencing: Fenced
- Waterfront features: None
Lot
- Size: 0.36 Acres
- Features: 1/4 to 1/2 Acre Lot
Details
- Parcel number: 56434232010210180
- Zoning: CG(cit
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Block, Frame
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1930
Utilities & green energy
- Electric: 3 Phase
- Water: Multiple Meters
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: INLET CITY
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: West Palm Beach
Financial & listing details
- Price per square foot: $396/sqft
- Annual tax amount: $7,850
- Date on market: 1/21/2026
- Cumulative days on market: 219 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity
Estimated market value
$739,400
$702,000 - $776,000
$1,889/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Price change | $769,000-1.3%$396/sqft |
Source:  BeachesMLS #R11156558 Report a problem | ||
| 4/23/2026 | Price change | $779,000-2.5%$401/sqft |
Source: BeachesMLS #R11156558 Report a problem | ||
| 1/21/2026 | Listed for sale | $799,000$411/sqft |
Source: BeachesMLS #RX-11156558 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Inlet City
Nearby schools
GreatSchools rating
- 5/10Lincoln Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Howell L. Watkins Middle SchoolGrades: 6-8Distance: 3.4 mi
- 6/10William T. Dwyer High SchoolGrades: PK,9-12Distance: 7.8 mi
- $630,0004 bd4 ba1.9k sqft752 Dr Martin Luther King Jr Blvd APT 1, Riviera Beach, FL 33404Sold
- $576,7001 bd1 ba700 sqft752 Mlk Blvd APT 4, Riviera Beach, FL 33404Off Market
- $500,0002 bd2 ba962 sqft748 Dr Martin Luther King Jr Blvd APT A, Riviera Beach, FL 33404Sold
- $---- bd-- ba-- sqft748 Dr Martin Luther King Jr Blvd APT B, West Palm Beach, FL 33404Off Market
- $500,0004 bd4 ba1.9k sqft748 Dr Martin Luther King Jr Blvd, West Palm Beach, FL 33404Sold
- $457,9002 bd2 ba962 sqft748 Mlk Blvd APT B, Riviera Beach, FL 33404Off Market
- $404,4002 bd2 ba962 sqft748 Mlk Blvd APT A, Riviera Beach, FL 33404Off Market
- $337,6003 bd1 ba3.1k sqft829 Avenue I, Riviera Beach, FL 33404Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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