MOTIVATED SELLER WITH A HIDDEN GEM IN PLAIN SIGHT — This 2021 CBS building is an incredible deal for an experienced investor with four spacious 3-bedroom, 2-bathroom apartments, an outstanding opportunity to capture long-term upside in a rapidly appreciatin

56 WEST 12TH ST #4, Riviera Beach

$1,400,000 USD
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Address56 WEST 12TH ST #4, Riviera Beach
Building NameRIVIERA IN PB 2
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$1,400,000
Previous Price$1,500,000 (16 days ago)
Property StatusActive
MLS NumberA11939822
Living Area4760
Year Built2021
Parking Space Number8
Folio Number56434233060130120
Zoning InformationCG (CITY
Days on Market86

Detailed Description: MOTIVATED SELLER WITH A HIDDEN GEM IN PLAIN SIGHT — This 2021 CBS building is an incredible deal for an experienced investor with four spacious 3-bedroom, 2-bathroom apartments, an outstanding opportunity to capture long-term upside in a rapidly appreciating waterfront corridor. Perfectly positioned in the revitalized Marina Village District, this property offers unmatched proximity to: The iconic Peanut Island, The Port of Palm Beach Terminals, Award-winning snorkeling and stunning watersport facilities. The Related Group is currently constructing 149 Residences at Marina Village, rising 8 stories, while SobelCo is building a transformative 1.23 million SF development with 508 new condos on the 4.27 acres full city block site right in front of this quadplex. Currently, 2 units are vacant with ownership paying about $450 / month in utilities for the whole building. (DISCLAIMER: Seller may, at seller’s sole discretion, withdraw the property from the market or suspend marketing activi

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Address Information
StateFlorida
CityRiviera Beach
CountyPalm Beach County
Zip Code33404
Address56 WEST 12TH ST
Section33
Zip Code (4 Digits)6817
Financial Information
Price$1,400,000
Price per Foot$0
Previous Price$1,500,000
Folio Number56434233060130120
Tax Amount$14,198
Tax Year2025
Possession InformationFunding
Full Descriptions
Detailed DescriptionMOTIVATED SELLER WITH A HIDDEN GEM IN PLAIN SIGHT — This 2021 CBS building is an incredible deal for an experienced investor with four spacious 3-bedroom, 2-bathroom apartments, an outstanding opportunity to capture long-term upside in a rapidly appreciating waterfront corridor. Perfectly positioned in the revitalized Marina Village District, this property offers unmatched proximity to: The iconic Peanut Island, The Port of Palm Beach Terminals, Award-winning snorkeling and stunning watersport facilities. The Related Group is currently constructing 149 Residences at Marina Village, rising 8 stories, while SobelCo is building a transformative 1.23 million SF development with 508 new condos on the 4.27 acres full city block site right in front of this quadplex. Currently, 2 units are vacant with ownership paying about $450 / month in utilities for the whole building. (DISCLAIMER: Seller may, at seller’s sole discretion, withdraw the property from the market or suspend marketing activi
Roof DescriptionOther, Shingle
Floor DescriptionConcrete, Tile
Cooling DescriptionCeiling Fan (s), Central Air, Electric
Heating DescriptionCentral, Electric
Sewer DescriptionPublic Sewer
Property parameters
Living Area4760
Zoning InformationCG (CITY
Year Built2021
Type of PropertyQuadruplex
StyleQuadruplex
Building NameRIVIERA IN PB 2
Development NameRIVIERA IN PB 2
Construction TypeConcrete Block Construction
Stories Number2.000
Street DirectionWest
Parking Space Number8
Listed withBAWONS Properties, Inc