125 West 17th Street, Unit 1

Riviera Beach, FL 33404

$850,000
Price
Beds
3,566 Sq. Ft.
$238 / Sq. Ft.
3,566
Sq. Ft.
$238
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 unitsWasher and Dryers in each unit. Fresh Paint3 units have A/C's from 2023Floor Joists replaced 2007Water Heater 2015Electric updatedParking for 4-6 cars2 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 unitsWasher and Dryers in each unit. Fresh Paint3 units have A/C's from 2023Floor Joists replaced 2007Water Heater 2015Electric updatedParking for 4-6 cars2 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.
  1. Listed by Michael J Johnston • The Keyes Company • 561-577-0398
  2. Listed by Maby Cuevas • The Keyes Company

Property Details for 125 West 17th Street, Unit 1

Subdivision
INLET GROVE
Waterfront
No
Waterfront Details
None
View
Other
Style
No Pool/No Water

Location

Listing Courtesy of The Keyes Company
Add your commute
LISTING UPDATED: 04/24/2024 02:34 PM

Property Details for 125 West 17th Street, Unit 1

StatusActive
MLS #RX-10971556
Days on Market33
Taxes$1,083 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quad Plex
Year Built1968
Lot Size0.15 AC / 6,625 SF
CountyPalm Beach County

Location

Listing Courtesy of The Keyes Company
Add your commute

Building Information for 125 West 17th Street, Unit 1

Stories1Residences5Year Built1968Building Size-Lot Size0.15 AC / 6,625 SF

Payment Calculator

$4,729 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$90

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 125 West 17th Street, Unit 1

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: Blue Heron to Avenue E west on 17th
  • Geo Area: Palm Beach 5270; 5280; 5290
  • Special Info: Sold As-Is
  • Street Number: 125
  • Subdivision Complex Bldg: INLET GROVE
  • Municipal Code: Riviera Beach
  • State: FL
  • City Postal ID: 33404
  • MLS Area: 5280
  • MLS Sub Area: PB26
Parking
  • Carport Spaces: 0
  • Garage Spaces: 0
Taxes and HOA Information
  • Comm/Trans Brk: 2.50%
  • HOPA: No Hopa
  • Tax Year: 2023
  • Maintenance Fee Incl: None
  • HOA Dues: $0
Property
Lot Information
  • Area: 5280
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre
  • Lot Dimensions: 50.0 ft x 0.0 ft
  • Parcel ID: 56434233040010050
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 4,913
  • Square Ft Source: Tax Rolls
  • Zoning: RM-15(
Property and Assessments
  • Legal Desc: INLET GROVE LT 5 BLK 1
  • Sq Ft Liv Area: 3566.0
  • Legal Description: INLET GROVE LT 5 BLK 1
Utilities
  • Utilities: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction
  • Exterior Features: Auto Sprinkler
  • Private Pool: No
  • Storm Protection: None
  • Subdiv Amenities: None
  • Gated Community YN: No
  • Structure Type: Quadruplex
Interior Features
  • Roof: Comp Shingle
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Cooling: Central
  • Flooring: Ceramic Tile
  • Heating: Central
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • 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
  • Tenant Pays: Cable, Electric
Unit 1
  • Unit 1 Desc: A/C Unit
  • Unit 1 Info: Bedrooms: 2
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 1,700
  • Unit 1 Info: SqFt: 1100.0
  • Unit 1 Parking: Space Parking
Unit 2
  • Unit 2 Desc: A/C Unit
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Lease Ends: 10-31-2024
  • Unit 2 Info: Monthly Income: $1,700
  • Unit 2 Info: SqFt: 1100.0
  • Unit 2 Parking: Space Parking
Unit 3
  • Unit 3 Info: Bedrooms: 2
  • Unit 3 Info: Full Bath: 1
  • Unit 3 Info: Furnished: No
  • Unit 3 Info: Lease Ends: 08-31-2024
  • Unit 3 Info: Monthly Income: $1,700.00
  • Unit 3 Info: SqFt: 1100.0
Unit 4
  • Unit 4 Desc: A/C Unit
  • Unit 4 Info: Full Bath: 1
  • Unit 4 Info: Furnished: No
  • Unit 4 Info: Lease Ends: 03-01-2024
  • Unit 4 Info: Monthly Income: $1,700.00
  • Unit 4 Info: SqFt: 1100.0
  • Unit 4 Parking: Space Parking
Rental
Rental Information
  • Pets on Premises: Yes

Property History for 125 West 17th Street, Unit 1

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass 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$52,201Additions-Total$52,201
Tax Record2023$1,083 ($90 / 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 - PK to 12
Public - 6 to 8
Charter - 9 to 12
Rating
School
Distance
Lincoln Elementary School
PublicPK to 5

William T. Dwyer High School
PublicPK to 12

John F. Kennedy Middle School
Public6 to 8

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.

Similar Homes

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125 West 17th Street, Unit 1 is a multi-family home for sale in Riviera Beach, FL 33404. This property was listed for sale on March 23, 2024 by The Keyes Company, it's currently listed at $850,000. It has been on the market for a total of 33 days and was last sold on February 2, 2022. This listing's school district is Palm Beach. Nearby schools include Lincoln Elementary School, William T. Dwyer High School and John F. Kennedy Middle School. 125 West 17th Street, Unit 1 is a 0-bed, 0-bath, 3,566 sqft multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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.