Modern Living Group
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$450,000ACTIVE

180 W 15th Street, Riviera Beach, FL 33404

beds0baths1,467sq ft$307/ sq ft
THE RESIDENCE

About this home

Income-Producing Duplex Near Riviera Beach Marina! Discover an excellent investment or owner-occupant opportunity with this well-maintained detached duplex, ideally located just minutes from the beach, Riviera Beach Marina, dining, shopping, and major conveniences. The property features two separate units (3-bedroom/1-bath and 2-bedroom/1-bath) with renovated kitchens and functional layouts designed for strong rental appeal. Recent improvements include new stucco, fresh interior and exterior paint, impact windows, tankless water heater, and central A/C in both units. With an approximate gross annual income of $43,500, this property offers excellent potential for investors seeking income and long-term value. Owner-occupants can also take advantage of the opportunity to live in one unit while generating rental income from the other.

THE DETAILS

Property details

List Price$450,000
Price / Unit$225,000
Units2
Cap Rate7.01%
Gross Income$43,500/yr
Net Operating Income$31,559
Inside Sq Ft1,467
Year Built1931
ConstructionFrame,Stucco
FlooringLaminate,Tile,Wood
ZoningMULTIFAMILY
Property TypeDuplex
MLS #B26070908
StatusActive
Original List Price$450,000
GRM10.3
Tenant PaysOwner pays all utilities
Stories1
Show all details (5 more)
WaterfrontNo
Days on Market0
Annual Taxes$5,763
CityRiviera Beach
Zip Code33404
LOCATION

Where you'll live

Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
Luxury Specialist

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