Sold
Last Sold Price
4 beds4 baths3,566 sqft
125 W 17th St, Unit 1, Riviera Beach, FL 33404
Multi FamilyProperty Type
0.15 acresLot Size
1968Year Built
$238/sq ftPrice per sq ft

Description

Amazing Investment Opportunity! Zoned for more units than currently present. Current fourplex has all 2 bed 1 baths. Previously had an additional seperate home on the property that can be rebuilt. Market rents for 2/1 are $1,800
Excellent condition units
Washer and Dryers in each unit. Fresh Paint
3 units have A/C's from 2023
Floor Joists replaced 2007
Water Heater 2015
Electric updated
Parking for 4-6 cars
2 blocks from Public marina and boat ramp directly in front of Peanut Island. Super close to Port
...Amazing Investment Opportunity! Zoned for more units than currently present. Current fourplex has all 2 bed 1 baths. Previously had an additional seperate home on the property that can be rebuilt. Market rents for 2/1 are $1,800

Excellent condition units

Washer and Dryers in each unit. Fresh Paint
3 units have A/C's from 2023
Floor Joists replaced 2007
Water Heater 2015
Electric updated

Parking for 4-6 cars


2 blocks from Public marina and boat ramp directly in front of Peanut Island. Super close to Port of Palm beach which has huge expansion plans for more cruise ships. 60 New Townhomes being built around the corner.
  • Listed by: Michael J Johnston 561.577.0398 michael@johnstonhometeam.com Brokerage DRE #2034375 • The Keyes Company
  • Listed by: Maby Cuevas 786.251.8462 Maby@johnstonhometeam.com Brokerage DRE #2034375 • The Keyes Company
Listing closed: 05/31/2024 12:00 AM • Source: Beaches MLS, MLS#: R10971556

Recent comparable sales

Median sold price

$730,000

Avg days on market

42

Sale-to-list ratio

94.8%

Riviera Beach, FL

9 comparable properties found

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Location

Listing Courtesy of The Keyes Company

Sold By The Keyes Company

Add your commute

Payment Calculator

$4,483 per month

30 year fixed, 6.71% Interest

Principal and Interest

$4,392

Property Taxes

$90

HOA Dues

$0

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Property Information for 125 West 17th Street, Unit 1

Property Details
  • Taxes: $1,083 / year
  • MLS Type: Residential Income / Quadruplex
  • Furnished: Unfurnished
  • View: Other
  • Waterfront Details: None
  • Style: No Pool/No Water
  • Year Built Numeric: 1968
  • Design: Quadruplex
  • Subdivision: INLET GROVE
Building Information
  • Stories: 1
  • Year Built: 1968
  • Lot Size: 0.15 AC / 6,534 SF
Summary
Location and General Information
  • Area: 5280
  • Bldg #: 1
  • City and Location Text: Riviera Beach
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Geo Lat: 26.776917
  • Information Available: Copy Of Lease(s), Deposit - Security
  • MLS Area: 5280
  • MLS Sub Area: PB26, Palm Beach 5270; 5280; 5290
  • Postal Code: 33404
  • State: FL
  • Street Direction Prefix: W
  • Street #: 125
  • Subdivision Complex Bldg: INLET GROVE
  • Complex Name: INLET GROVE
  • Unit Number: 1
  • Water Access: None
  • Zoning: RM-15(
Taxes and HOA Information
  • Association Fee: $0
  • Legal Desc: INLET GROVE LT 5 BLK 1
  • Parcel ID: 56434233040010050
  • Tax Information: No Homestead
  • Tax Year: 2023
  • Taxes: $1,083
  • Senior Community: No
Property
Lot Information
  • Acreage Description: Less Than 1/4 Acre Lot
  • Acres: 0.15
  • Approx Sqft Total Area: 4913
  • Approximate Lot Size: 50.0 ft x 0.0 ft
  • Lot Dimensions: 50.0 ft x 0.0 ft
  • Property Condition: Resale
  • Special Info: Sold As-Is
  • Sq Ft: 4913
  • Sq Ft Liv Area: 3566.0
  • Sq Ft Total: 4,913
  • Type of Building: Quadruplex
  • Property Type: Residential Income, Quadruplex
Property and Assessments
  • Avail Docs: Copy Of Lease(s), Deposit - Security
  • Construction Type: Quadruplex, Composition, Resale, CBS
  • Document Count: 1
  • Legal Description: INLET GROVE LT 5 BLK 1
  • Special Assessment: No
  • Type: Quadruplex
  • Year Built Description: 1968
Utilities
  • On Site Utilities: Sewer Available, Water Available
  • Separate Elec Meters: Yes
  • Separate Meter: Yes
  • Separate Wtr Meters: Yes
  • Sewer Description: Public Sewer
  • Utilities: Sewer Available, Water Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: No
  • Construction: CBS
  • Gated Community YN: No
  • Guest Accommodations: No
  • Roof: Composition
  • Roof Description: Composition
  • Structure Type: Quadruplex
  • Subdiv Amenities: None
  • Storm Protection Details: None
Interior Features
  • Baths Total: 4
  • Column Description: CBS
  • Cooling: Central Air
  • Flooring: Ceramic Tile
  • Heating: Central
  • Heating Description: Central
  • Num Floors: 1
  • Numof Units: 4
Multi Family
Multi Family Information
  • Number of Stories: 1.0
  • Unit Count: 4
Income & Expenses
  • Income & Expenses: Annual Net Oper Inc: $63,600.00
  • Income & Expenses: Annual Total Expense: $15,000.00
  • Income & Expenses: Gross Operating Inc: $78,000.00
  • Exp Incl Pool Service: No
  • Expense Amount: $15,000
  • Gross Operating Income: $63,600
  • Gross Rent Income: $78,000
  • Monthly Income: $78,000
  • Source of Expenses: Other
Unit Information
Unit 1
  • Other Equipment: Air Conditioning Unit
  • Parking Features: Parking Space
  • Actual Rent: $1,700.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 1100.0
Unit 2
  • Other Equipment: Air Conditioning Unit
  • Parking Features: Parking Space
  • Lease Expiration: 10-31-2024
  • Actual Rent: $1,700.00
  • Baths Full: 1
  • Furnished: Unfurnished
  • SqFt: 1100.0
Unit 3
  • Lease Expiration: 08-31-2024
  • Actual Rent: $1,700.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 1100.0
Unit 4
  • Other Equipment: Air Conditioning Unit
  • Parking Features: Parking Space
  • Lease Expiration: 03-01-2024
  • Actual Rent: $1,700.00
  • Baths Full: 1
  • Furnished: Unfurnished
  • SqFt: 1100.0
Rental
Rental Information
  • DXORIGMLNO: RML
  • Pets on Premises: Yes
  • Pets On Premises YN: Yes
  • Possession Information: Negotiable
  • Rental Price/SqFt: $238.36
  • Tenant Pays: Cable TV, Electricity

Property History for 125 West 17th Street, Unit 1

DateEvent & SourcePriceAppreciation
May 31, 2024

Sold

Beaches MLS #R10971556

$850,000
May 1, 2024

Pending

Beaches MLS #R10971556

Mar 27, 2024

Listed (Active)

Beaches MLS #R10971556

$850,000
DateEvent & SourcePrice
05/31/2024

Sold

Beaches MLS #R10971556

$850,000
05/01/2024

Pending

Beaches MLS #R10971556

03/27/2024

Listed (Active)

Beaches MLS #R10971556

$850,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 125 West 17th Street, Unit 1

Taxable ValueLand-Additions-Total-
Tax Record2025$2,267 ($189 / month)
Home Facts
Beds0Lot Size6,625 SqFtStyleMiscellaneous Vacant LandZoningDRCountyPALM BEACHAPN56-43-42-33-04-001-0050

Schools near 125 West 17th Street, Unit 1

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Lincoln Elementary School
PublicPK to 5

John F. Kennedy Middle School
Public6 to 8

William T. Dwyer High School
Public9 to 12

Inlet Grove Community High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Keyes Company

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.