THE RIVIERA BEACH MULTIFAMILY PORTFOLIO 2 biens • À vendre 2 085 405 $ CAD • Riviera Beach, FL

APEX Capital Realty is proud to present the opportunity to acquire a Riviera Beach Duplex Portfolio, specifically the assets located at 1538-1542 and 1546-1550 W 26 Ct, represents a premier investment opportunity within one of South Florida’s most dynamic and rapidly evolving coastal submarkets. Comprising two state-ofthe-art duplexes constructed between 2022 and 2023, the portfolio offers a total of four high-specification three bedroom, two-bathroom units. These properties are positioned at the epicenter of a massive municipal and private redevelopment initiative designed to transform Riviera Beach from an industrial maritime hub into a luxury waterfront destination. The portfolio benefits from a strategic location within the Fontaine Subdivision, providing immediate access to the Interstate 95 corridor, the Port of Palm Beach, and the high-growth Broadway Corridor.
The economic landscape of Riviera Beach is currently defined by the aggressive intervention of the Community Redevelopment Agency (CRA), which has overseen a surge in the city’s taxable value from $132.7 million at its inception to over $1.31 billion as of late 2025. This 7% year over year increase is anchored by approximately $1.1 billion in planned or under construction projects, including the $481 million Sonnenblick Marina Village Phase II and the $325 million Forest Development project at 1851 Broadway. As institutional capital continues to flow into the urban core, the subject properties are uniquely positioned to capture the resulting demand for high-quality workforce and executive housing.
The portfolio currently produces a gross annual income of $121,200, with units commanding rents between $2,400 and $2,600 per month. The subject properties have maintained a premium rental position due to their modern construction, impact-resistant windows, and “single-family” residential feel.