$599,000
Active
5d
$599,000
5137 Elpine
Riviera Beach, FL 33418
4 bd2.5 ba1,890 sqft
Woodbine Par E
| List Price | $779,000 |
| Price / Sq Ft | $401 |
| Beds | 0 |
| Baths | 5 |
| Living Area | 1,944 sqft |
| Lot Size | 0.36 acres |
| Year Built | 1930 |
| Property Tax | $7,850/yr |
| MLS # | 1151414178 |
| Status | Active |
| Days on Market | 95 |
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.
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