321 W 15th St Unit 1 Riviera Beach, FL 33404
Park Manor Neighborhood
4
Beds
2
Baths
1,320
Sq Ft
6,421
Sq Ft Lot
Highlights
- No HOA
- Closet Cabinetry
- Central Air
- William T. Dwyer High School Rated A-
- Living Room
- Laundry Facilities
About This Home
As of February 2025Discover a golden opportunity in this multi-family property, perfect for the visionary investor or handy homeowner. This 3/1 & 1/1 multi-family is a diamond in the rough, waiting for your personal touch to unlock its true potential. While the property requires significant renovations, its location is poised for exponential growth. Nearby construction projects and emerging businesses are set to transform the area, promising a bright future for this investment. With an impressive 11% cap rate, this property offers substantial rental income possibilities for the savvy investor. Imagine the satisfaction of breathing new life into this space, creating a comfortable home or lucrative rental units. The property's "as-is" condition presents an exciting canvas for your creativity and renovation skills. Located in a vibrant community, this property benefits from proximity to local amenities. The Inlet Grove Community High School is just a short distance away, perfect for families or student tenants. For commuters, the Mangonia Park train station provides convenient transportation options. Daily necessities are easily accessible with a Family Dollar nearby, while the Riviera Beach Marina Village Event Center offers recreational opportunities for residents to enjoy. Not to mention, the Blue Heron Bridge, one of the country's top-rated beach dive sites, only 5 minutes away. Whether you're an investor seeking strong cash flow or a handyman ready for a rewarding project, this property holds the key to your real estate dreams. Needs Cosmetic rehab. Investor notes: Gross income - $46,440. CC credits and buy down rate options available. Feel free to soft pitch purchase agreements to listing agent before writing anything up. Ask me anything, big or small. I’m happy to help. FULL COOPERATION WITH ALL AGENTS IF THIS IS “NOT ON MY MLS.” Please just reach out to listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $588
Year Built
- Built in 1953
Lot Details
- 6,421 Sq Ft Lot
- North Facing Home
- Property is zoned RS6
Home Design
- Block Foundation
- Shingle Roof
- Wood Siding
- Stucco
Interior Spaces
- 1,320 Sq Ft Home
- Living Room
Bedrooms and Bathrooms
- 4 Bedrooms
- Closet Cabinetry
- 2 Full Bathrooms
Utilities
- Central Air
- No Heating
Additional Features
- Private Mailbox
- 384 SF Accessory Dwelling Unit
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 8 / 4
- Assessor Parcel Number 56-43-42-28-08-004-0080
Community Details
Overview
- No Home Owners Association
- Blue Heron Park 04 Subdivision
Amenities
- Laundry Facilities
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2025 02/07/25 | Sold | $270,000 | -10.0% | $205 / Sq Ft |
| 01/15/2025 01/15/25 | Pending | -- | -- | -- |
| 01/09/2025 01/09/25 | Price Changed | $299,999 | +3.4% | $227 / Sq Ft |
| 01/08/2025 01/08/25 | Price Changed | $289,999 | -5.2% | $220 / Sq Ft |
| 01/06/2025 01/06/25 | Price Changed | $305,999 | -1.3% | $232 / Sq Ft |
| 01/02/2025 01/02/25 | Price Changed | $309,999 | -1.9% | $235 / Sq Ft |
| 11/20/2024 11/20/24 | Price Changed | $315,999 | -1.3% | $239 / Sq Ft |
| 10/28/2024 10/28/24 | Price Changed | $319,999 | -4.8% | $242 / Sq Ft |
| 10/21/2024 10/21/24 | Price Changed | $335,999 | -1.2% | $255 / Sq Ft |
| 10/10/2024 10/10/24 | Price Changed | $339,999 | +3.0% | $258 / Sq Ft |
| 10/07/2024 10/07/24 | Price Changed | $329,999 | -5.7% | $250 / Sq Ft |
| 09/25/2024 09/25/24 | Price Changed | $349,999 | -2.8% | $265 / Sq Ft |
| 09/18/2024 09/18/24 | Price Changed | $359,999 | -2.7% | $273 / Sq Ft |
| 09/16/2024 09/16/24 | Price Changed | $369,999 | +5.7% | $280 / Sq Ft |
| 09/09/2024 09/09/24 | Price Changed | $349,999 | +16.7% | $265 / Sq Ft |
| 09/04/2024 09/04/24 | Price Changed | $299,999 | -9.1% | $227 / Sq Ft |
| 09/04/2024 09/04/24 | Price Changed | $329,999 | -5.7% | $250 / Sq Ft |
| 09/02/2024 09/02/24 | Price Changed | $349,999 | -7.9% | $265 / Sq Ft |
| 08/27/2024 08/27/24 | For Sale | $379,999 | -- | $288 / Sq Ft |
Source: Stellar MLS
Similar Homes in Riviera Beach, FL
Source: Stellar MLS
MLS Number: T3551791
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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