INLET CITY

748 Dr Martin Luther King Jr Blvd, Riviera Beach FL 33404

1,925 ft²

Closed

$525,000

6.06%

Est. Payment $2,794/mo

MLS Sheet Video

1,925

Sq. Ft.

1982

Year Built

Stories

Days on Market

Description

VACANT*INCOME PROPERTY $48K++ A YEAR*4 BED/4 FULL BATH DUPLEX CLOSE TO DOWNTOWN WEST PALM BEACH*ALMOST 2,000 SQFT*PRIVATE CONCRETE PARKING LOT FOR UNITS*FULLY FENCED*RENOVATED*NEW ROOF*UPDATED HVAC*2 UNITS*EACH UNIT FEATURES 2 BEDROOMS & 2 FULL BATHROOMS, OPEN KITCHEN WITH LARGE LIVING ROOM*RENTS ARE STRONG IN THE AREA*ABILITY TO INCREASE WITH AREA RENTS AT $2000 TO $2,200*SURROUNDING COUNTY IMPROVEMENTS OF ROADS & SIDEWALKS*SEPARATELY METERED*NO HOA*CLOSE TO INTERCOASTAL & THE BEACH*CLOSE TO BRIGHT/AMTRAK TRAIN STATION & BUS ROUTES*MULTIFAMILY NEXT DOOR SOLD AT $630K WITH SIMILAR SQUARE FOOTAGE*BROKER/OWNER*2 DAY EMD*6 DAY INSPECTION*30 DAY CLOSE*PROOF OF FUNDS

Facts

MLS#: A11554881
Subdivision: INLET CITY
Property Type: Residential Income
Property Sub Type: Duplex
Year Built: 1982
Lot Size: 0 sqft
Sq. Ft.: 1,925 ft²
Sq. Mt.: 179 m²
Price per sq. ft.: $273/ft²
Price per sq. mt.: $2,933/m²
Stories: 1
Garage: —
Pool: —
Days on Market: 53 days
Listed: Mar 21, 2024
Last Updated: Aug 2, 2024
Price/Lot Sq.Ft.: —

Comparable homes

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Market insights for Riviera Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

8/2/2024	Sold	$525,000
5/1/2024	Price change	$525,000+6.1%
3/21/2024	Listed for sale	$495,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

748 Dr Martin Luther King Jr Blvd, Riviera Beach FL 33404Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Bowman Ashe/Doolin K-8 Academy
PK,KG,1,2,3,4,5,6,7,8 · public · 0.6 mi
Pinecrest Academy (South Campus)
KG,1,2,3,4,5 · charter · 0.7 mi
Kendale Lakes Elementary School
PK,KG,1,2,3,4,5 · public · 0.7 mi
Good Shepherd School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.7 mi
M.O.T. Academy
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
Mot Academy
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
Dante B. Fascell Elementary School
PK,KG,1,2,3,4,5 · public · 0.9 mi
Lago Mar Preschool 1
PK,TK,KG,1 · private · 0.9 mi
Little Promises Daycarelearning Center
PK,KG · private · 0.9 mi
Lago Mar Preschool 1
2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi

Estimated Monthly Payment

$3,382/mo

Principal & Interest

$2,794

Property Tax

$438

Insurance

$150

HOA

Down Payment20% ($105,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

Hablo Español

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