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45&53 W 16th Street, Riviera Beach, FL 33404 (MLS# R3349438)

45&53 W 16th Street, Riviera Beach, FL 33404

$250,000
Property Type: Commercial Sale Square Footage: 2,068 Status: Closed
Current Price: $250,000 List Date: 3/04/2013 Last Modified: 5/21/2026

Overview

Description

8 units total, 1 parcel has 2 buildings, the other is 4 units in 1 building. Common driveway. Laundry room. In the Redevelopment area of The Port of Palm Beach. Great present use for income and potential future use as commercial as zoning is CG.

Listing Details MLS# R3349438

General Property Information

Number Of Units Total
8
Building Area Main
2068
Building Area Source
Public Records
Year Built
1965
Stories
Yes
Lot Size Area
0

Property Features

Electric: Separate Meters Flooring: Ceramic Tile; Terrazzo; Vinyl Heating: None Location of Property: City Location Possession: Close Of Escrow Sale Includes: Building; Land Source Of Expenses: Owner Provided Tenant Pays: Electricity Construction Materials: CBS; Frame Cooling: Wall/Window Unit(s) Listing Terms: Cash Roof: Composition; Tar/Gravel Security Features: Smoke Detector(s) Sewer: Public Sewer Water Source: Public Showing Requirements: Call Listing Agent Contingencies: Other

Contract Information

Comp Sale YN
No
Original List Price
289000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
45&53
Street Direction Prefix
W
Street Name
16th
Street Suffix
Street
City Name
Riviera Beach
State Or Province
FL
Postal Code
33404
Area
5280
Geographic Area
PB26
Parcel Number
56434233040050160and0130
Zoning
CG
Directions
Broadway to W 16th St., 1/2 block west, on south side
Property Description
8 Units total in 3 B

Financial Information

Tax Annual Amount
5989
Tax Year
2012
Tax Legal Description
INLET GROVE LOT 13 BLK 5 INLET GROVE LOT 16 BLK 5

Status Change Information

Major Change Timestamp
2013-07-30T01:24:52Z
Major Change Type
Status Change
Status Change Date
2013-07-29
Under Contract Date
2013-05-09
Close Date
2013-07-29
Close Price
250000
Buyer Financing
Cash

More Information

Building and Property Details

# Of Tenants
8
# Of Toilets
8
% Air Conditioned
100
Maximum Ceiling Height
8

Meter Information

Number Of Meters Total
8

Income and Expenses

Gross Scheduled Income
56700

Description of Unit Type 1

Unit Type
2 Bedroom
Units Total
2
Full Baths
Yes
Annual Rent
650

Description of Unit Type 2

Unit Type
1 Bedroom
Units Total
Yes
Full Baths
Yes
Annual Rent
650

Description of Unit Type 3

Unit Type
Efficiency
Units Total
Yes
Full Baths
Yes
Annual Rent
600

Description of Unit Type 4

Unit Type
3 Bedroom
Units Total
Yes
Full Baths
Yes
Annual Rent
675

Description of Unit Type 5

Unit Type
Efficiency
Units Total
Yes
Full Baths
Yes
Annual Rent
550

Description of Unit Type 6

Unit Type
1 Bedroom
Units Total
Yes
Full Baths
Yes
Annual Rent
550

Description of Unit Type 7

Unit Type
Efficiency
Units Total
Yes
Full Baths
Yes
Annual Rent
450

Price Calculations

Current Price To SqFt
120.88
Original List Price To Close Price
1.15

Originating Details

Originating System Key
20130322005636429369000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Separate Meters
Yes

Flooring

Ceramic Tile
Yes
Terrazzo
Yes
Vinyl
Yes

Tenant Pays

Electricity
Yes

Location of Property

City Location
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Heating

None
Yes

Sale Includes

Building
Yes
Land
Yes

Construction Materials

CBS
Yes
Frame
Yes

Listing Terms

Cash
Yes

Roof

Composition
Yes
Tar/Gravel
Yes

Security Features

Smoke Detector(s)
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Call Listing Agent
Yes

Contingencies

Other
Yes
Listing Office: Realty Associates Florida Prop
IDX
Last Updated: May - 21 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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