Multifamily
Island Road Villas
1257 Island Rd, Riviera Beach, FL 33404
Listing Price: $1,950,000
Investment Overview
Marcus & Millichap, as exclusive listing agents, are pleased to offer for sale Island Road Villas, located at 1257 Island Rd, Riviera Beach, FL 33404. Island Road Villas consists of 6 multifamily units as well as an enclosed garage. The unit mix consists of five (5) one-bedroom / one-bathroom units and one (1) two-bedroom / one-bathroom unit. The property was built in 1960 with concrete block construction, consisting of 5,076 square feet and is situated on a .23-acre parcel.
Located one block south of Blue Heron Boulevard, the property sits just one block west from the white sand beaches of Singer Island. The location offers incredible access to all the retail and restaurants within the Ocean Walk Mall such as Castaways Sports Bar and Grill, Two Drunken Goats Beach Catina, Mulligan’s, and Johnny Longboats.
Island Road Villas offers an investor the opportunity to purchase an asset that is perfectly positioned to be transformed into short-term vacation rentals just steps from the beach.
Listing Price: $1,950,000
Investment Highlights
- Located One Block West of the White Sand Beaches of Singer Island
- Concrete Block Construction with a Concrete Roof and Pool
- Perfectly Situated for a Conversion to Short-Term Rental Units
- Just a Short Walk to Local Retail and Oceanfront Restaurants
Investment Overview
Marcus & Millichap, as exclusive listing agents, are pleased to offer for sale Island Road Villas, located at 1257 Island Rd, Riviera Beach, FL 33404. Island Road Villas consists of 6 multifamily units as well as an enclosed garage. The unit mix consists of five (5) one-bedroom / one-bathroom units and one (1) two-bedroom / one-bathroom unit. The property was built in 1960 with concrete block construction, consisting of 5,076 square feet and is situated on a .23-acre parcel. Located one block south of Blue Heron Boulevard, the property sits just one block west from the white sand beaches of Singer Island. The location offers incredible access to all the retail and restaurants within the Ocean Walk Mall such as Castaways Sports Bar and Grill, Two Drunken Goats Beach Catina, Mulligan’s, and Johnny Longboats. Island Road Villas offers an investor the opportunity to purchase an asset that is perfectly positioned to be transformed into short-term vacation rentals just steps from the beach.
