Lake Park Add 3
$2,600,000
1530 Crescent Cir, Riviera Beach, FL 33403
For Sale
Multifamily
Duplex / Triplex / Fourplex
Active
Last Updated: 08/25/2025
153,718
NOI
10,224 sqft
Building Size
Details:
NOI: $153,718
Building Size: 10,224 sqft
Units: 4
Year Built: 1963
Floors: 2
Parking Spots: 12
Gross Leaseable Area: 10,224
Highlights:
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Building Features: Laundry Facility
- Documents Available: Investment Analysis, Copy Of Lease(S), Rent Rolls
- Architectural Style: Attached
- Cooling: Central Air
- Heating: Central
- Flooring: Vinyl
- Construction Materials: Concrete Block Construction
Description:
Exceptional opportunity to acquire a 10,000 SF, 8-unit multifamily property in the highly desirable Lake Park area, just minutes from vibrant Downtown West Palm Beach and the Intracoastal. Featuring 7- 3 bedroom/2 bathroom and 1- 2 bedroom/1 bathroom apartments, this concrete block construction building has been fully renovated, with updated interiors, modern finishes, units separately metered, central AC and a brand-new roof (2025). Amenities include on-site laundry, 12 dedicated parking spaces, and strong tenant appeal. With a net income of $154,000 and priced at under $260 per SF, this asset offers both solid cash flow and long-term appreciation potential.
Location
Gallery
