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201 W Blue Heron Blvd, Riviera Beach FL 33404 — photo 11 / 12
0.0% reduced

201 W Blue Heron Blvd, Riviera Beach FL 33404

Riviera Beach, FL

List Price

$2,000,000

Type

Fourplex

Price / SqFt

$505/sqft

Price reduction

Distressed / value-add opportunity

White canvas / value-addTenant-occupied

Occupancy

tenant

From the listing

Investor Special – Fully Rented Fourplex East of I-95! Prime opportunity in Riviera Beach! This solid fourplex features four 3-bedroom, 1.5-bath units, all currently rented month-to-month, generating consistent income. Located east of I-95, this property offers easy access to major routes, shopping, and the beach. Each unit is spacious and well laid out, ideal for long-term tenants or future upgrades. Whether you're expanding your portfolio or seeking a high-yield asset, this is a cash-flowing investment you don’t want to miss!

Property Information

Square Feet
3,960
Units
1
Days on Market
172
Status
active

Location

County
Palm Beach County
Zip Code
33404
Coordinates
26.7833, -80.0585

Represented by Academia

Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.

Permit history

Permit records

Live permit data isn’t available via open data for this jurisdiction yet — check the official record directly.

Private inquiry

Interested in this deal?

Tell us a little and a licensed broker will follow up about this property.

Property: 201 W Blue Heron Blvd, Riviera Beach FL 33404

Price: $2,000,000

We respect your privacy — your details are only used to follow up on this property.

Why this deal

  • 0% off original list price
  • Value-add opportunity
  • Represented end-to-end by Academia
  • Active listing — move quickly

Deal Score

52/100

Fair

How this
is scored →
Estimated equityassumed40%

Scored neutral: our comparable-sale selection is being rebuilt so that it no longer references the asking price, and we will not score equity from an estimate we are not willing to publish.

Discount depth20%

0.0% off original list (full marks at 25%+).

Days on market20%

172 days on market (full marks at 120+ — more time = more leverage).

Seller-motivation signals20%

Soft motivation language (value-add, motivated, tenant-occupied, cash-only).

A screen of the public MLS data we have — not an appraisal, valuation, or investment advice. Factors marked “assumed” were missing from the feed and scored neutral.

Deal scorecard

How four stakeholders read this deal

Coverall

Strengths

  • Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated

Risks

  • Equity not yet estimated — no comps available for ARV
  • conventional financing unlikely; cash or hard-money only

What a super-investor sees

Investor

C

Investor equity estimate based on ARV from closed MLS comps minus list price and estima…

  • Equity not yet estimated — no comps available for ARV

What a bank sees

Lender / financing

F

Lender financeability estimate based on list price, ARV, and condition signals. Not a f…

  • conventional financing unlikely; cash or hard-money only

What an insurer sees

Insurance / 4-point

A

Insurability read from roof, electrical, plumbing and HVAC ages in the public record. M…

  • Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated

What a GC / AHJ sees

Permits / condition

Not assessed

We do not yet cover permit records in Palm Beach County, so no permit search was run. Verify directly with the building department.

4-point — last permit

  • Roofnot covered
  • Electricalnot covered
  • Plumbingnot covered
  • HVACnot covered

Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-09-05. Verify with licensed professionals.

Deal calculator

Value-add deal calculator

201 W Blue Heron Blvd, Riviera Beach FL 33404, Riviera Beach, FL

ARV is seeded from the asking price, not from comps — enter your own after-repair value. We are rebuilding comparable-sale selection so it no longer references the ask, and we will not pre-fill this field from an estimate we are not publishing.

Recommended max offer

$700,487

Room vs list (above list)

$1,299,513

Est. equity

-$837,975

-42% of ARV, at list

ROC at list

-30%

Est. all-in at list

$2,837,975

list + rehab + txn + carry

70% rule MAO

$830,500

Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.

One Academia. Academia Development Corp and Academia Real Estate Corp are divisions of The Academia Group.

Florida Licensed · Real Estate Broker BK3384781 · verify at myfloridalicense.com

Equal Housing Opportunity. Academia Real Estate Corp is committed to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We do not discriminate on the basis of race, color, religion, sex, handicap, familial status, or national origin.