Premier Brokers International
752 Martin Luther King Boulevard 1-5, Riviera Beach, FL 33404
ActiveBeachesMLS
ActiveMLS® R11156558
$769,000

752 Martin Luther King Boulevard 1-5, Riviera Beach, FL 33404

Beds
—
Baths
5
Sqft
1,944
Est. payment$5,029/mo
Home type
Quadruplex
Year built
1930
Lot size
15,682 sqft
Price / sqft
$396
HOA
—
Community
INLET CITY

Property description

True 5-unit income-producing property offering strong cash flow and exceptional value-add potential. The building consists of five (5) 1-bedroom / 1-bath units, all with separate electric meters, providing ease of management and individual utility billing. Located on a General Commercial zoned lot, this property allows for a wide range of redevelopment and expansion opportunities, including the potential to add additional units (buyer to verify). The property is situated within a CRA (Community Redevelopment Area) and a designated Opportunity Zone, making it especially attractive for investors seeking tax advantages and long-term appreciation.

Listing activity

Days on market
240
Listed
Jan 21, 2026
MLS listing updated
Sep 15, 2026
Feed last checked
14 minutes ago

Listed by Fahrettin B Ergel · Troy Estates LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
5
Bathrooms (decimal)
5

Rooms & features

Flooring
Ceramic Tile

Heating & cooling

Heating
Other
Cooling
Wall/Window Unit(s)
Property

Exterior

Building area
15,502 sqft
Fencing
Fenced
Pool
No
Waterfront
None
Waterfront property
No

Lot

Lot size
15,682 sqft
Lot size (acres)
0.36 acres
Zoning
CG(cit
Road frontage
West of US-1
Construction

Type & style

Home type
Quadruplex
Year built
1930
New construction
No

Materials

Construction
CBS, Frame
Roof
Composition
Property condition
Resale
Utilities & green energy

Utilities

Electric
Three Phase
Utilities
Cable Available
Community & HOA

Community

Subdivision
INLET CITY
MLS area
5280
MLS subarea
PB26
55+ community
No

Association

Has association
No
Amenities
None
Lease details

Rental information

Tenant pays
Electricity
Location

Area details

City
Riviera Beach
County
Palm Beach
ZIP code
33404
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
R11156558
Possession
Close Of Escrow
Original list price
$799,000
Parcel number
56434232010210180
Annual property tax
$7,850
Tax year
2025
Tax legal description
INLET CITY LTS 18 TO 21 INC BLK 21
Additional MLS details

Reported by the listing source

Association Amenities
None
Association
No
Bathrooms Total Decimal
5
Bathrooms Total Integer
5
Building Area Total
15502
Construction Materials
CBS, Frame
County Or Parish
Palm Beach
Days On Market
240
List Price
769000
Living Area
1944
Lot Size Acres
0.36
Lot Size Area
15502
MLSArea Major
5280
MLSArea Minor
PB26
Mls Status
Active
On Market Date
2026-01-21
Postal Code
33404
Price Change Timestamp
2026-05-18T19:58:07Z
Property Sub Type
Quadruplex
Property Type
Residential Income
Road Frontage Type
West of US-1
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-01-21T21:44:04Z
Stories
1
Subdivision Name
INLET CITY
Waterfront Features
None
Tax Annual Amount
7850
Pool Private
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jan 21, 2026ListedBeachesMLS$799,000$411/sqft
May 18, 2026Price reducedBeachesMLS$769,000$396/sqft

Public tax history

YearProperty taxesAssessment
2025$7,850—

Payment calculator

Estimated monthly payment$5,029/moIllustrative estimate, not a loan offer.
Principal & interest
$3,990
Property taxes
$654
Insurance
$385
Association dues
—

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

INLET CITY

Riviera Beach · Palm Beach County · 33404

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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12 homes

Similar homes

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BeachesMLS

BeachesMLS · Listing courtesy of Troy Estates LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.