Addis Ababa Homes for Sale

Addis Ababa is a residential community in Riviera Beach, Florida.

Pure Equity Realty covers Addis Ababa and the Riviera Beach area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 4 Addis Ababa Riviera Beach homes for sale as of October 2026. The median asking price is $2.5M.

That is 529% above the Riviera Beach median of $398,000. On a per-foot basis, homes here ask about $1,149 per square foot, compared with $285 across Riviera Beach. So the median price buys roughly 2,200 square feet of living area.

Listings here have averaged 119 days on the market. That tracks the Riviera Beach average of 134 days, so pricing and terms follow the wider city market.

Homes listed in Addis Ababa date from 1955 to 1956. That puts them between 70 and 71 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Rentals in Addis Ababa have a median asking rent of $1,825 per month, across 2 active rental listings. For comparison, the Riviera Beach median is $2,800, so rents here run 35% lower.

You can browse current Riviera Beach rentals or ask us for a rent estimate on a specific Addis Ababa home.

Here is what the median Addis Ababa price means in Florida closing terms. At $2.5M, a 20% down payment comes to about $500,000, leaving a loan near $2.0M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $7,000. Next, the intangible tax of 0.2% adds about $4,000. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Addis Ababa median, that is about $17,500.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.