Last Sold Price
1 bed2 baths8,000 sqft$213/sqft
25 W 34th St, Riviera Beach, FL 33404

Description

The 34th Street Portfolio consists of four properties w/ 12 units total on 34th Street all within one block of each other. New ownership will benefit from strong cash flow and economies of scale immediately at takeover from this package sale. Unit Mix: (3) Studios (7) One Bedroom/One Bath (1) Two Bedroom/One Bath (1) Two Bedroom/Two Bath The property systems have been well maintained by current ownership and have passed four-point inspections recently in order to receive property insurance coverage....The 34th Street Portfolio consists of four properties w/ 12 units total on 34th Street all within one block of each other. New ownership will benefit from strong cash flow and economies of scale immediately at takeover from this package sale. Unit Mix: (3) Studios (7) One Bedroom/One Bath (1) Two Bedroom/One Bath (1) Two Bedroom/Two Bath The property systems have been well maintained by current ownership and have passed four-point inspections recently in order to receive property insurance coverage. Long-term tenants make up the bulk of the rent roll, with a number of tenants of 10+ years. In-place rents are priced below market rents. An outbuilding on 25 W 34th street serves as a maintenance shop/supply storage room, a great convenience for the management and maintenance of the property
LISTING CLOSED: 12/19/2022 12:00 AM

  1. Listed by Jesse J Bailey • Brokerage DRE #1061214 • 49 Units, LLC
    P: (561)-318-3337 C: (561)-318-3337 jbailey@49units.com

Property Details for 25 West 34th Street

Status
MLS #
R10831855
Days on Market
40
Taxes
$20,000 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Multi Family
Year Built
1979
Lot Size
-
Furnished
Unfurnished
Waterfront Details
None
Style
No Pool/No Water
Year Built Numeric
1979
Subdivision
B AND G HOMES

Location

Listing Courtesy of 49 Units, LLC

Sold By Douglas Elliman

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Building Information for 25 West 34th Street

Stories1Residences-Year Built1979Building Size-Lot Size-

Payment Calculator

$10,308 per month

30 year fixed, 6.55% Interest

Principal and Interest

$8,641

Property Taxes

$1,667

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 25 West 34th Street

Summary
Location and General Information
  • Area: 5280
  • Boat Access: Building Type: Y
  • City and Location Text: Riviera Beach
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Geo Lat: 26.789748
  • Information Available: Copy Of Lease(s), Deposit - Last Months Rent, Investment Analysis
  • MLS Area: 5280
  • MLS Sub Area: PB26, Palm Beach 5270; 5280; 5290
  • Postal Code: 33404
  • Roads: Paved
  • State: FL
  • Street Direction Prefix: W
  • Street #: 25
  • Subdivision Complex Bldg: B AND G HOMES
  • Complex Name: B AND G HOMES
  • Water Access: None
  • Zoning: RS-6(c
Taxes and HOA Information
  • Association Fee: $0
  • HOPA: No HOPA
  • Legal Desc: B & G HOMES
  • Parcel ID: 56434228020000320
  • Tax Information: City/County
  • Tax Year: 2021
  • Taxes: $20,000
Property
Lot Information
  • Acreage Description: 1 To Less Than 2 Acre Lot
  • Acres: 1.0
  • Approx Sqft Total Area: 8000
  • Lot Description: Sidewalks
  • Property Condition: Resale
  • Special Info: Sold As-Is
  • Sq Ft: 8000
  • Sq Ft Liv Area: 8000.0
  • Sq Ft Total: 8,000
  • Property Type: Residential Income, Quadruplex
Property and Assessments
  • Avail Docs: Copy Of Lease(s), Deposit - Last Months Rent, Investment Analysis
  • Construction Type: Quadruplex, Composition, Resale, CBS, Frame
  • Document Count: 1
  • Legal Description: B & G HOMES
  • Special Assessment: No
  • Type: Quadruplex
  • Year Built Description: 1979
Utilities
  • Cable Available: Yes
  • Electric Service: Three Phase
  • On Site Utilities: Cable Available, Sewer Available, Water Available
  • Separate Elec Meters: Yes
  • Separate Meter: Yes
  • Separate Wtr Meters: No
  • Sewer Description: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: Yes
  • Construction: CBS, Frame
  • Gated Community YN: No
  • Guest Accommodations: No
  • Roof: Composition
  • Roof Description: Composition
  • Security Information: Fire Alarm
  • Subdiv Amenities: Sidewalks
  • Surface Description: Paved
  • Patio And Porch Features: Patio, Patio - Open
  • Other Structures: Shed(s)
Interior Features
  • Baths Total: 2
  • Building Includes: Building, Land
  • Column Description: CBS, Frame
  • Cooling: Central Air
  • Flooring: Ceramic Tile
  • Heating: Central
  • Heating Description: Central
  • Maximum Ceiling Height: 10
  • Num Floors: 1
  • Num Toilets: 13
  • Numof Units: 4
  • PatioFeatures: Patio
Multi Family
Multi Family Information
  • Number of Stories: 1.0
  • Unit Count: 4
Income & Expenses
  • Income & Expenses: Annual Net Oper Inc: $105,970.00
  • Income & Expenses: Annual Total Expense: $59,945.00
  • Income & Expenses: Gross Operating Inc: $165,916.00
  • Maintenance Includes: Water
  • Exp Incl Pool Service: No
  • Expense Amount: $59,945
  • Gross Operating Income: $105,970
  • Gross Rent Income: $165,916
  • Monthly Income: $165,916
  • Source of Expenses: Owner Provided
Unit Information
Unit 1
  • Other Equipment: Air Conditioning Unit
  • Carport Attached YN: No
  • Carport YN: Yes
  • Actual Rent: $1,350.00
  • Baths Full: 1
  • Beds Total: 1
  • Furnished: Unfurnished
  • SqFt: 700.0
Unit 2
  • Other Equipment: Air Conditioning Unit
  • Actual Rent: $1,350.00
  • Baths Full: 1
  • Furnished: Unfurnished
  • SqFt: 700.0
Unit 3
  • Other Equipment: Air Conditioning Unit
  • Actual Rent: $1,350.00
  • SqFt: 700.0
Unit 4
  • Other Equipment: Air Conditioning Unit
  • Actual Rent: $1,350.00
  • SqFt: 700.0
Rental
Rental Information
  • DXORIGMLNO: RML
  • Pets on Premises: No
  • Pets On Premises YN: No
  • Possession Information: Close Of Escrow
  • Rental Price/SqFt: $231.25
  • Tenant Pays: Cable TV, Electricity

Property History for 25 West 34th Street

DateEvent & SourcePriceAppreciation
Dec 19, 2022

Sold

Beaches MLS #R10831855

$1,700,000
Dec 19, 2022

Sold

Beaches MLS #R10829378

$1,700,000
Oct 24, 2022

Pending

Beaches MLS #R10831855

DateEvent & SourcePrice
12/19/2022

Sold

Beaches MLS #R10831855

$1,700,000
12/19/2022

Sold

Beaches MLS #R10829378

$1,700,000
10/24/2022

Pending

Beaches MLS #R10831855

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

Public Records for 25 West 34th Street

Taxable ValueLand$88,000Additions$210,449Total$298,449
Tax Record2025$6,397 ($533 / month)
Home Facts
Baths3Total Finished SqFt1,613 SqFtAbove Grade Finished SqFt1,613 SqFtStories1Lot Size6,939 SqFtStyleTriplexYear Built1979ZoningRS-6CountyPALM BEACHAPN56-43-42-28-02-000-0320

Schools near 25 West 34th Street

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

Palm Beach Gardens 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 25 West 34th Street, Riviera Beach, FL 33404
$1,700,000
1
2
8,000
4
2,576
6,612
$240,000
2,440
$286,490
3
1,446
3,920
2
1,344
6,612
$396,080
1,440

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 49 Units, LLC

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.