Quadruplex in 2840 Avenue S, West Palm Beach, FL 33404 for sale with MLS# B26012540

Excellent income-producing 4-unit multifamily property in a rapidly growing Riviera Beach location. This fully renovated asset features a desirable unit mix of two 2-bedroom, 1-bath units and two 3-bedroom, 1-bath units, offering strong rental demand and attractive cash flow potential. The property includes a private parking lot and is ideally situated just minutes from Singer Island, pristine beaches, shopping, dining, and entertainment. This property benefits from its proximity to the transformative Riviera Beach redevelopment, one of the most anticipated mixed-use developments. Residents enjoy convenient access to new restaurants, retail, nightlife, and employment centers. The area is also near Riviera Beach's waterfront attractions and the broader West Palm Beach growth corridor.

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Days on the market

2840 Avenue S, West Palm Beach, FL 33404

Price
Price:
$1,150,000.00
Original List Price:
$1,200,000.00
List Price per Sq Ft (Calculated, Approx.):
$370.01
Lease Details
Tenant Pays:
Electricity, Water, Repairs, Cable Tv
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
Price Reduced
Last Major Update on:
June 6, 2026 6:35 pm
Measures
Living Area:
3,108 Sqft
Built-Up Area:
3,108 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Lot Features:
Corner Lot
Lot Size Acres:
0.2
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Individual
Heating
Heating System:
Central Building, Central Individual
Fence:
Chain Link, Fenced, Front Yard
Road Responsibility:
Public Maintained Road
Construction
Year Built:
1965
Roof:
Flat
Number of Units Total:
4
Levels:
One
Construction Materials:
Block, Concrete, CBS, Concrete Block - With Stucco
Flooring:
Tile, Laminate
Number of stories:
1
Structure Type:
Fourplex (Quadruplex)
Number of Units in the Community or Building:
4
Stories:
1
Road Frontage Type:
City Street, West Of Us-1
Foundation Details:
Slab
Flood Zone Code:
X
Property Condition:
Resale, Updated/remodeled
Taxes and Expenses
Tax Annual Amount:
$12,597.57
Tax Year:
2025
Tax Assessed Value:
$589,168.00
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Utilities Available:
Electricity Available, Water Available
Water Source:
Public
Community
Subdivision Name:
ACREHOME PARK
Senior Community:
No
Restrictions:
Other Restrictions
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Documents Available:
Rent Rolls, Deposit - Security, Existing Survey, Copy Of Lease(s), Deposit Held, Deposit - Last Months Rent
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
ACREHOME PARK LT 37 TRGLR PT OF S 1/2 OF BASEBALL PARK IN OR26382P767 & ABND PT OF 10 FT ACREHOME AVE LYG BET (LESS N 5 FT 28TH ST
Real Estate Folio Number (Parcel Number):
56434229010000370
Zoning:
RM-15 (city)
Public Schools Assigned
Elementary School:
Waters Edge
High School:
Palm Beach Gardens
Middle Or Junior School:
John F. Kennedy (palm Beach)
Listing History
Active on the market since:
April 8, 2026
Listing Agreement executed on:
April 7, 2026
Price change occurred on:
June 6, 2026 6:35 pm
Listing Status Last Changed On:
April 8, 2026 3:17 am
Photos updated on:
June 8, 2026 9:15 pm
Last Modified:
July 24, 2026 5:56 pm
Additional Information
Courtesy of:
Ibero Property Management & Real Estate Servic
Attribution:
dwayne@iberopropertymgmt.com
Road Surface Type:
Paved, Asphalt
Location
Street Name:
Avenue
Street Number:
2840
City:
West Palm Beach
State:
Florida
Zip Code:
33404
County:
Palm Beach
Latitude:
N26° 47' 9.5''
Longitude:
W81° 55' 10.5''
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

Air Quality

Source: AirNow.gov · West Palm Beach

🌬️ Air Quality Index (AQI) 47 Good
☀️ O3 24 Good
🫁 PM2.5 47 Good
💨 PM10 23 Good
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Association of REALTORS®
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