Investment Overview

Marcus & Millichap, as exclusive listing agents, are pleased to present the Peanut Island Portfolio, a unique assemblage of five properties in Riviera Beach, Florida. This portfolio consists of eight rentable units across five parcels, totaling approximately 7,577 square feet. The buildings, constructed between 1945 and 1960, are situated on a combined 0.59-acre footprint and are all located within one block of each other, creating an efficient and cohesive management opportunity. The portfolio includes a mix of single-family residences and a small multifamily property, offering a strong foundation for stable rental income. Located in close proximity to the Port of Palm Beach and Peanut Island, this portfolio enjoys easy access to some of the area’s most important amenities and economic drivers. Peanut Island, a popular local attraction offering outdoor recreation, is located just east of the portfolio. The Port of Palm Beach, approximately 1.5 miles away, generates significant employment opportunities and supports a thriving local economy. Additional conveniences include the Riviera Beach Marina Village, just 2 miles away, which offers dining, retail, and waterfront activities, as well as easy access to major roadways such as U.S. Highway 1 and I-95. The Peanut Island Portfolio represents a rare investment opportunity with considerable upside potential. The portfolio provides steady rental income streams while the growing demand for affordable housing in Riviera Beach promises long-term stability and potential for rent increases. Its strategic location near major economic hubs, recreational areas, and transportation corridors, combined with the proximity of all properties within one block, makes it an attractive option for investors looking to capitalize on the area's development and rental growth trends.