Quadruplex in 56 W 12th Street, Riviera Beach, FL 33404 with MLS# A11939822

MOTIVATED SELLER WITH A HIDDEN GEM IN PLAIN SIGHT -- This 2021 CBS building is an incredible deal for an experienced investor with four spacious 3-bedroom, 2-bathroom apartments, an outstanding opportunity to capture long-term upside in a rapidly appreciating waterfront corridor. Perfectly positioned in the revitalized Marina Village District, this property offers unmatched proximity to: The iconic Peanut Island, The Port of Palm Beach Terminals, Award-winning snorkeling and stunning watersport facilities. The Related Group is currently constructing 149 Residences at Marina Village, rising 8 stories, while SobelCo is building a transformative 1.23 million SF development with 508 new condos on the 4.27 acres full city block site right in front of this quadplex. Currently, 2 units are vacant with ownership paying about $450/month in utilities for the whole building. (DISCLAIMER: Seller may, at seller's sole discretion, withdraw the property from the market or suspend marketing activities at any time, including but not limited to ongoing lease negotiations with a corporate tenant. Listing subject to change or withdrawal without notice. No obligation to sell is implied.)

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Days on the market

56 W 12th Street, Riviera Beach, FL 33404

Price
Price:
$1,400,000.00
Original List Price:
$1,500,000.00
Close Price:
$1,365,000.00
Transaction closed on:
May 1, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
Status Change
Last Major Update on:
May 1, 2026 4:00 am
Measures
Living Area:
4,760 Sqft
Built-Up Area:
4,942 Sqft
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s), Electric
Heating
Heating System:
Central, Electric, Separate Meters
Construction
Year Built:
2021
Roof:
Shingle, Other
Number of Units Total:
2
Levels:
Two
Construction Materials:
Block
Flooring:
Tile, Concrete
Number of stories:
2
Structure Type:
Multi Family
Number of Units in the Community or Building:
2
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$14,198.00
Tax Year:
2025
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
RIVIERA IN PB 2
Senior Community:
No
Terms
Documents Available:
Copy Of Lease(s)
Listing Terms Considered by Seller:
Conventional, FHA
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
RIVIERA LTS 12 & 13 & LT 14 (LESS NLY 11.37 FT OF WLY 21.06 FT TRGLR PAR) BLK 13
Real Estate Folio Number (Parcel Number):
56434233060130120
Zoning:
CG (city
Public Schools Assigned
High School:
William T. Dwyer
Middle Or Junior School:
John F. Kennedy (palm Beach)
Listing History
Active on the market since:
January 6, 2026
Listing Agreement executed on:
January 6, 2026
Purchase Contract Date:
May 1, 2026
Price change occurred on:
February 4, 2026 4:38 pm
Listing Status Last Changed On:
May 1, 2026 4:00 am
Photos updated on:
May 1, 2026 12:16 pm
Last Modified:
August 17, 2026 12:02 pm
Additional Information
Courtesy of:
BAWONS Properties, Inc
Attribution:
Not provided
Location
Street Name:
12th
Street Number:
56
City:
Riviera Beach
State:
Florida
Zip Code:
33404
County:
Palm Beach
Latitude:
N26° 46' 23.9''
Longitude:
W81° 56' 37.7''
Street Suffix:
Street
Street Direction Prefix:
W
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $60,225
Median Home Value $305,600
Median Rent $1,507/mo
Median Age 41
Population 30,533
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Properties may be listed or sold by various participants in the MLS.