201 W Blue Heron Blvd, Riviera Beach, FL 33404 — MLS photo

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201 W Blue Heron Blvd, Riviera Beach, FL 33404

Active · Quadruplex

$2,000,000

201 W Blue Heron Blvd, Riviera Beach, FL 33404

Beds
—
Baths
0
Living area
3,960 sq ft
$ / sq ft
$505/sq ft
Year built
1969
Lot size
—
HOA fee
—
Annual tax
$10,078

About this property

Investor Special – Fully Rented Fourplex East of I-95! Prime opportunity in Riviera Beach! This solid fourplex features four 3-bedroom, 1.5-bath units, all currently rented month-to-month, generating consistent income. Located east of I-95, this property offers easy access to major routes, shopping, and the beach. Each unit is spacious and well laid out, ideal for long-term tenants or future upgrades. Whether you're expanding your portfolio or seeking a high-yield asset, this is a cash-flowing investment you don’t want to miss!

Property location

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201 W Blue Heron Blvd, Riviera Beach, FL 33404

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Facts & features

Interior

Bathrooms
0
Living area
3,960 sq ft
Flooring
Tile
Cooling
Central Air, Electric, Other
Heating
Central

Exterior & Structure

Property type
Quadruplex
Year built
1969
Architectural style
Fourplex
Roof
Shingle
Construction
Block
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$10,078
Subdivision
BLUE HERON PARK 1
County
Palm Beach
Days on market
0
MLS listing ID
A11930495
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$122

Cap rate
5.6%
Net yield
5.6%
Cash-on-cash return
-0.3%
Gross yield
7.6%
Mortgage payment
$9,481/mo
Down payment
$500,000
Loan amount
$1,500,000
Annual NOI
$112,304

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.