$1,080,000

109 W 14th Street, Riviera Beach, FL 33404

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.41acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 11 months ago

Property Description

Turnkey Multifamily Development | Site Plan Approved | Permit Package Ready 109, 117 & 125 W 14th St, Riviera Beach, FL 33404. 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. 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 Offering Details: Sale Price: $1,080,000 Delivery: As-Is, Site Plan Approved with Permit Package Ready for Submital Zoning: Multifamily Residential Utilities: Accessible and Available

Listing Status:
Active
Date Added:
June 13, 2025
Data Last Updated:
May 19, 2026 at 7:25PM
Listing Office:
Touchstone-Webb Realty Co. : 561-659-5554
Listing Agent:
Arron Thomas : 561-801-1049
MLS ID:
R11099262
  • Originating MLS: BEACH_BEACH
  • County: Palm Beach
  • Zoning: OP(citRIVIERA LT 3 BLK 456434233060040030
  • Current Use: Multi-FamilyUnimproved
  • Utilities: Cable AvailableElectricity AvailableNoneSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: BEACH_BEACH

This listing courtesy of Arron Thomas , Touchstone-Webb Realty Co.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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