109 W 14th ST Riviera Beach, FL 33404
0.41 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Riviera In Pb 2
MLS Listing ID R11099262
HOA Y/N No
Annual Tax Amount $1,155
Tax Year 2024
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type Unimproved Land
Property Description
Key Location Drivers:
Marina Village Expansion: $375M+ revitalization of Riviera Beach Marina District including mixed-use, retail, hotel, and residential.
Oculina Bank Headquarters Project: Major commercial redevelopment just blocks away, creating employment and foot traffic.
Strategic Proximity: Port of Palm Beach, US-1, Blue Heron Blvd, I-95, and major employment nodes.
Exit Strategies:
Build-to-Rent with strong cash flow via market or voucher leasing
Build-and-sell to institutional buyer at stabilization (6-7.5% cap rate)
Condo exit potential with individual unit sales post-CO
Offering Details:
Sale Price: $1,080,000
Delivery: As-Is, Site Plan Approved with Permit Package Ready for Submital
Zoning: Multifamily Residential
Utilities: Accessible and Available
Location
State FL
County Palm Beach
Community Riviera In Pb 2
Area 5280
Exterior
Utilities Available Cable Available, Electricity Available, None, Water Available, Sewer Available
Present Use Commercial,Hotel/Motel,Single Family,Unimproved
Private Pool Yes
Building
Lot Description 1/4 to 1/2 Acre Lot
Faces North
Sewer Not Connected (at lot), Public Sewer, Other
Water Public
Others
Senior Community No
Tax ID 56434233060040030
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/109-W-14th-Street-Riviera-Beach-FL-33404/unbranded
