: High income 9 unit multi-family / mixed use complex. The property contains a mix of residential units ranging from efficiency to 2 BR units and one commercial kitchen unit setup for catering and take out services. The complex is located in Central Riviera Beach with easy access to I-95 and is less than 5 minutes from the Port of Palm Beach. Currently occupied with long term rental tenants but excellent setup for short term rentals, mixed use, or ALF.
Building Type:
Income,Resident. Multi-Fam.,Restaurant
Utilities
Cable,Gas Natural,Municipal Water,Public Sewer,Public Water
Lease Term Type:
Month to Month
Owner Pays:
Electric,Gas,Sewer,Water
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Listing courtesy of Reef To Ranch Real Estate, Inc Phone: (772) 577-4077
127 W Blue Heron Boulevard, Riviera Beach, FL, 33404
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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