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Inlet Grove Apartments 3 biens | Immeuble residentiel | À vendre | 1 590 482 € | Localisations multiples
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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Large 2-, 3-, 4-, and 5- Bedroom Floorplans
- Located East of Dixie Highway, One Block From Inlet Grove Community High School
- Large 1 Acre Lot Primed For Future Redevelopment
- Concrete Block Construction With Central Air Conditioning Throughout
- Predominantly Section 8 Tenants Generating Guaranteed Income
RÉSUMÉ ANALYTIQUE
Marcus & Millichap is pleased to present Inlet Grove Apartments, a 7-unit multifamily property located at 2925, 2949, and 3001 Avenue J in Riviera Beach, Florida. Situated on a full one-acre parcel, the property spans three sites with multiple buildings and a diverse unit mix, offering investors both immediate income and long-term redevelopment potential in a rapidly improving submarket.
The portfolio totals 7,792 gross square feet across three parcels:
2925 Avenue J – 1 Unit | 1,134 SF | Built 1949
2949 Avenue J – 5 Units | 3 Buildings | 4,748 SF | Built 1958 & 1963
3001 Avenue J – 1 Unit | 1,910 SF | Built 1958
The current unit mix includes three (3) two-bedroom/one-bath units averaging 633 square feet, two (2) three-bedroom/one-bath units averaging 800 square feet, one (1) four-bedroom/two-bath unit totaling 1,134 square feet, and one (1) five-bedroom/two-bath unit totaling 1910 square feet.
Located less than two miles from the Port of Palm Beach, the Riviera Beach Marina Village, and the growing industrial and logistics corridor along U.S. Highway 1 and I-95, the property is positioned to benefit from significant economic growth and redevelopment activity in the area. Riviera Beach continues to attract investment with new residential, commercial, and mixed-use projects, while maintaining strong demand for workforce housing.
With its large land area, multiple structures, and strategic location near key employment and transportation hubs, Inlet Grove Apartments provides investors with flexible exit strategies, including value-add repositioning, continued long-term rental operations, or potential redevelopment.
The portfolio totals 7,792 gross square feet across three parcels:
2925 Avenue J – 1 Unit | 1,134 SF | Built 1949
2949 Avenue J – 5 Units | 3 Buildings | 4,748 SF | Built 1958 & 1963
3001 Avenue J – 1 Unit | 1,910 SF | Built 1958
The current unit mix includes three (3) two-bedroom/one-bath units averaging 633 square feet, two (2) three-bedroom/one-bath units averaging 800 square feet, one (1) four-bedroom/two-bath unit totaling 1,134 square feet, and one (1) five-bedroom/two-bath unit totaling 1910 square feet.
Located less than two miles from the Port of Palm Beach, the Riviera Beach Marina Village, and the growing industrial and logistics corridor along U.S. Highway 1 and I-95, the property is positioned to benefit from significant economic growth and redevelopment activity in the area. Riviera Beach continues to attract investment with new residential, commercial, and mixed-use projects, while maintaining strong demand for workforce housing.
With its large land area, multiple structures, and strategic location near key employment and transportation hubs, Inlet Grove Apartments provides investors with flexible exit strategies, including value-add repositioning, continued long-term rental operations, or potential redevelopment.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 1 590 482 € | Nb de biens | 3 |
| Prix/m² | 1 430 € / m² | Individuellement en vente | 0 |
| Taux de capitalisation | 7,27 % | Surface totale de l’immeuble | 1 113 m² |
| Type de vente | Investissement | Surface totale du terrain | 0,06 ha |
| Statut | Actif |
| Prix | 1 590 482 € |
| Prix/m² | 1 430 € / m² |
| Taux de capitalisation | 7,27 % |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 3 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 1 113 m² |
| Surface totale du terrain | 0,06 ha |
Biens
| NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 3001 Avenue J, Riviera Beach, FL 33404 | Immeuble residentiel | 566 m² | 1963 | - |
| 2949 Avenue J, West Palm Beach, FL 33404 | Immeuble residentiel | 441 m² | 1958 | - |
| 2925 Avenue J, West Palm Beach, FL 33404 | Immeuble residentiel | 105 m² | 1949 | - |
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CONTACTS
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Daniel Cunningham -
Evan Richardson -
River Rhoads -
Dillon Majeski -
Cory Sanchez -
Jason Nowik -
Marcus & Millichap
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Inlet Grove Apartments
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