Last Sold Price
10 beds3,108 sqft$193/sqft
2840 Avenue Riviera Beach, Riviera Beach, FL 33404

Description

Prime Real Estate investment with 4 units, a total of 10 beds/4baths & 7 parking spaces. 2 X 3 bed/1 bth and 2 X 2 bed/1 bth. All units have separate electric & water meters. Built in 1965 its 3108 sq ft & on 0.2040 acres. Units all remodeled in 2016 with impact windows, new AC, water heaters, kitchens, appliances, flooring & electrical. New Roof in 2018 & all external sewer pipes replaced 2021. Units are currently rented. The 3 bed units rent at $1300 ea per mth and the 2 bed units at $1000. Gross...Prime Real Estate investment with 4 units, a total of 10 beds/4baths & 7 parking spaces. 2 X 3 bed/1 bth and 2 X 2 bed/1 bth. All units have separate electric & water meters. Built in 1965 its 3108 sq ft & on 0.2040 acres. Units all remodeled in 2016 with impact windows, new AC, water heaters, kitchens, appliances, flooring & electrical. New Roof in 2018 & all external sewer pipes replaced 2021. Units are currently rented. The 3 bed units rent at $1300 ea per mth and the 2 bed units at $1000. Gross income of $4600 per mth/$55200 per year. A Cap rate of over 9% on the gross income. Bus stop outside, store next door, schools close by. Major Shopping also conveniently located nearby. Great location and easy to rent. Do not disturb tenant
LISTING CLOSED: 01/31/2022 12:00 AM

  1. Listed by Moe Mossa • Brokerage DRE #1057720 • Savvy Avenue, LLC
    P: (888) 490-1268 C: (888) 490-1268 moe@remoe.com

Property Details for 2840 Avenue Riviera Beach

Status
MLS #
F10303180
Days on Market
94
Taxes
$4,949 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Quadruplex
Year Built
1965
Lot Size
-
Furnished
Unfurnished
Style
No Pool/No Water
Year Built Numeric
1965
Subdivision
Acrehome Park

Recent comparable sales

Median sold price

$640,000

Avg days on market

32

Sale-to-list ratio

93.6%

Riviera Beach, FL

9 comparable properties found

$720,000 | 1172 West 34th Street, Unit 1, Riviera Beach, FL 33404
1/18
1

$720,000

Sold 07/28/26

9
Bedrooms
Unavailable
Bathrooms
3,016
Square Feet
0.17
Acres
a front view of a house with a yard
1/7
2

$575,000

Sold 11/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,384
Square Feet
Unavailable
Acres
a front view of a house with garden
1/30
3

$405,000

Sold 04/28/26

4
Bedrooms
Unavailable
Bathrooms
3,360
Square Feet
0.18
Acres
$640,000 | 1530 West 26th Court, Riviera Beach, FL 33404
1/14
4

$640,000

Sold 09/29/25

6
Bedrooms
Unavailable
Bathrooms
2,360
Square Feet
Unavailable
Acres
a front view of a house with a yard
1/67
5

$481,000

Sold 08/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,764
Square Feet
Unavailable
Acres
6

$715,000

Sold 09/16/24

Unavailable
Bedrooms
Unavailable
Bathrooms
3,288
Square Feet
Unavailable
Acres
$730,000 | 1245 West 35th Street, Riviera Beach, FL 33404
1/48
7

$730,000

Sold 04/21/26

8
Bedrooms
4
Bathrooms
3,108
Square Feet
0.17
Acres
$550,000 | 49 East 27th Street, Riviera Beach, FL 33404
1/23
8

$550,000

Sold 04/09/26

3
Bedrooms
Unavailable
Bathrooms
1,809
Square Feet
Unavailable
Acres
a view of a city
1/29
9

$1,365,000

Sold 05/01/26

Unavailable
Bedrooms
Unavailable
Bathrooms
4,760
Square Feet
Unavailable
Acres

Location

Listing Courtesy of Savvy Avenue, LLC

Sold By Ibero Property Management & Real Estate Services

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Building Information for 2840 Avenue Riviera Beach

Stories1Residences-Year Built1965Building Size-Lot Size-

Payment Calculator

$3,462 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,050

Property Taxes

$412

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2840 Avenue Riviera Beach

Summary
Location and General Information
  • Area: 5280
  • City and Location Text: Riviera Beach
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Geo Lat: 26.785971
  • Information Available: Copy Of Lease(s), Deposit - Security
  • MLS Area: 5280
  • MLS Sub Area: PB22, Palm Beach 5500; 5510
  • Postal Code: 33404
  • State: FL
  • Subdivision Complex Bldg: Acrehome Park
  • Complex Name: Acrehome Park
  • Zoning: RML12
Taxes and HOA Information
  • Association Fee: $0
  • Legal Desc: ACREHOME PARK LT 37 TRGLR PT OF S 1/2 OF BASEBALL PARK IN OR26382P767 & ABND PT OF 10 FT ACREHOME AVE LYG BET (LESS N 5 FT 28TH ST
  • Parcel ID: 56434229010000370
  • Parcel Number MLX: 0370
  • Tax Information: City/County, No Homestead
  • Tax Year: 2020
  • Taxes: $4,949
  • Total Assessed Value: $229,246.00
Property
Lot Information
  • Acreage Description: Less Than 1/4 Acre Lot
  • Property Condition: Resale
  • Sq Ft Liv Area: 3108.0
  • Total Floors in Bldg: 1.00
  • Property Type: Residential Income, Quadruplex
Property and Assessments
  • Avail Docs: Copy Of Lease(s), Deposit - Security
  • Construction Type: Quadruplex, Tar/Gravel, Resale, Block
  • Document Count: 1
  • Legal Description: ACREHOME PARK LT 37 TRGLR PT OF S 1/2 OF BASEBALL PARK IN OR26382P767 & ABND PT OF 10 FT ACREHOME AVE LYG BET (LESS N 5 FT 28TH ST
  • Management Co: No
  • Type: Quadruplex
  • Year Built Description: 1965
Utilities
  • Cable Available: Yes
  • On Site Utilities: Cable Available
  • Sewer Description: Public Sewer
  • Utilities: Cable Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: Yes
  • Construction: Block
  • Exterior Features: Balcony
  • Gated Community YN: No
  • Guest Accommodations: No
  • Roof: Tar/Gravel
  • Roof Description: Tar/Gravel
  • Patio And Porch Features: Porch
Interior Features
  • Baths Total: 0
  • Column Description: Block
  • Cooling: Central Air
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Heating: Central, Separate Meters
  • Heating Description: Separate Meters, Central
  • Num Stories: 1
  • Numof Units: 1
  • PatioFeatures: Balcony, Porch
  • Stories: 1.0
Multi Family
Multi Family Information
  • Unit Count: 1
Income & Expenses
  • Maintenance Includes: Maintenance Grounds
  • Exp Incl Lawn Maintenance: Yes
  • Exp Incl Pool Service: No
Unit Information
Unit 1
  • Currently Leased YN: Yes
  • Actual Rent: $4,600.00
  • Baths Full: 4
  • Baths Half: 0
  • Beds Total: 10
  • Efficiency YN: No
  • Furnished: Unfurnished
Rental
Rental Information
  • DXORIGMLNO: FLL
  • Possession Information: Negotiable
  • Rental Price/SqFt: $192.73

Property History for 2840 Avenue Riviera Beach

DateEvent & SourcePriceAppreciation
Jan 31, 2022

Sold

Beaches MLS #F10303180

$600,000
Jan 6, 2022

Pending

Beaches MLS #F10303180

Oct 4, 2021

Listed (Active)

Beaches MLS #F10303180

$599,000
DateEvent & SourcePrice
01/31/2022

Sold

Beaches MLS #F10303180

$600,000
01/06/2022

Pending

Beaches MLS #F10303180

10/04/2021

Listed (Active)

Beaches MLS #F10303180

$599,000

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

Schools near 2840 Avenue Riviera Beach

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

John F. Kennedy Middle School
Public6 to 8

Palm Beach Gardens High School
Public9 to 12

Suncoast Community High School
Public9 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

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 Savvy Avenue, 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.