Riviera Beach Investment Properties & Multifamily for Sale

The best Riviera Beach investment decision starts before you buy.

Live BeachesMLS listings matching this search in Riviera Beach, Florida, updated throughout the day.

Income property in Riviera Beach is concentrated east of Interstate 95, in Blue Heron Park, Inlet City, Acrehome Park, Monroe Heights and the streets around Broadway, where duplexes, fourplexes and houses with efficiency units trade among single family homes. Many are leased month to month, and some are offered as estate or court ordered sales. The island adds furnished condominiums held for winter rent, which follow association leasing rules rather than the city's zoning. Get Your Investment Property Analysis: we model the rent from current Riviera Beach leases and the price from matched closed sales before you offer.

11 listings, newest first.

The 11 listings on this page run from $380,000 to $6,950,000, with a median of $759,997, about $350 per square foot, and they have been listed a median of 59 days.

The communities with the most listings here are Acrehome Park (2) and Blue Heron Park 1 (2), 4 of the 11; the others are spread across 6 more communities. All of them are multifamily properties. They were built between 1930 and 2027, a median of 1969, and 2 in the last ten years.

What Investors Buy in Riviera Beach

Investors in Riviera Beach mostly buy small income property on the mainland: duplexes, fourplexes, houses with efficiency units and the occasional larger building in Blue Heron Park, Inlet City, Acrehome Park and around Broadway. Many trade with tenants in place on month to month leases, and some as estate or court ordered sales that need work. A second group buys island condominiums to lease furnished in winter under association rules, and a third buys older block houses to renovate and then sell or keep. Each strategy in Riviera Beach rests on different numbers, from the rent roll to the resale comparable.

Reading the Numbers in Riviera Beach

Reading the numbers on a Riviera Beach income property starts with the rents in place, not the rents in the listing. Ask for the leases and the deposits held, compare each rent with current Riviera Beach leases for the same size of unit, then price the insurance, which on an older building near the lagoon can move the return more than the interest rate does. Property taxes reset after a sale, so use the new assessment rather than the seller's bill. Add reserves for the roof and the air conditioning, confirm the permits for every unit, and only then compare the price with recent sales of similar buildings.

The Numbers on These Listings

Straight from the MLS, updated through the day. Income and capitalization rates are what the listing agent published, not audited figures: treat them as the start of underwriting, and ask for certified operating statements before you offer.

Property	Price	Units	Per unit	Income	Cap rate	Taxes	HOA	Days on market
2624 AVENUE M	$699,000	2	$349,500	—	—	$8,242	—	1 days
1000 Martin Luther King Junior Boulevard	$380,000	2	$190,000	—	—	$6,011	—	22 days
1562 W 26th Court	$689,900	2	$344,950	—	—	$11,041	—	24 days
227 W 16TH Street A	$450,000	2	$225,000	$48,000 net	10.7%	$4,968	—	35 days
1192 Ac Evans Street (reduced from $760,000)	$759,997	2	$379,999	—	—	$1,399	—	50 days
360 Wilma Circle	$6,950,000	7	$992,857	—	—	$3,927	—	59 days
1075 W 30th Street (reduced from $2,900,000)	$2,500,000	4	$625,000	$218,006 net	8.7%	$3,415	—	261 days
752 Martin Luther King Boulevard 1-5 (reduced from $799,000)	$769,000	4	$192,250	$64,688 net	8.4%	$7,850	—	285 days
215 W Blue Heron Boulevard	$1,995,000	4	$498,750	$9,600 gross	—	$8,339	—	318 days
201 W Blue Heron Boulevard	$2,000,000	4	$500,000	$9,600 gross	—	$10,078	—	318 days
2721 Avenue Avenue A1 (reduced from $680,000)	$676,000	4	$169,000	$62,000 net	9.2%	$2,185	—	426 days

Get Riviera Beach Investment Listings the Day They Reach the Market

BreakThru Realty sends new income property matching this search as it comes on the market, and will underwrite any listing with you: the rents in place, the taxes as they reset on sale, insurance quoted today, and what comparable buildings actually traded for.

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