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109-125 W 14th St
Riviera Beach, FL 33404
Land For Sale
·
0.41 AC
INVESTMENT HIGHLIGHTS
- (4) Three-Bedroom / Two-Bath Units (~$3,260 Market | $2,860 HCV)
- Parking: 11 Off-Street Spaces
- (4) Two-Bedroom / Two-Bath Units (~$2,420 Market | $2,190 HCV)
- Total Rentable SF (Estimated): ~9,600 SF
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.41 AC |
| Property Type | Land | ||
| Zoning | DR - Multifamily residential | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.41 AC |
| Zoning | DR - Multifamily residential |
1 LOT AVAILABLE
Lot
| Price | $1,488,024 CAD | Lot Size | 0.41 AC |
| Price Per AC | $3,629,326.80 CAD |
| Price | $1,488,024 CAD |
| Price Per AC | $3,629,326.80 CAD |
| Lot Size | 0.41 AC |
DESCRIPTION
A rare, shovel-ready multifamily opportunity in the thriving redevelopment zone of Riviera Beach. This three-parcel assemblage is fully entitled and comes with a permit Submittal ready construction package, ideal for investors or developers seeking a ready to go development. The project consists of a two-story, 8-unit building featuring modern layouts and a strategic mix of unit types perfectly aligned with rental market demand. Property Highlights: Status: Site Plan Approved | Permits Ready to Submit Address: 109, 117, 125 W 14th St, Riviera Beach, FL 33404 Building Type: 2-Story Multifamily Total Units: 8 (4) Three-Bedroom / Two-Bath Units (~$3,260 Market | $2,860 HCV) (4) Two-Bedroom / Two-Bath Units (~$2,420 Market | $2,190 HCV) Parking: 11 Off-Street Spaces Total Rentable SF (Estimated): ~9,600 SF Land Size: Approx. 0.41 Acres Key Location Drivers: Marina Village Expansion: $375M+ revitalization of Riviera Beach Marina District including mixed-use, retail, hotel, and residential. Oculina Bank Headquarters Project: Major commercial redevelopment just blocks away, creating employment and foot traffic. Strategic Proximity: Port of Palm Beach, US-1, Blue Heron Blvd, I-95, and major employment nodes. Exit Strategies: Build-to-Rent with strong cash flow via market or voucher leasing Build-and-sell to institutional buyer at stabilization (6-7.5% cap rate) Condo exit potential with individual unit sales post-CO
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $250,213 CAD |
PROPERTY TAXES
