1149 W 34th St, Riviera Beach, FL 33404
$99,999
- 5,009 sqft
- Built 1956
- Palm Beach County
🚧 Build-Ready Lot in High-Growth Pocket Prime vacant residential lot located in the rapidly developing Riviera Beach market. This is a clean, buildable parcel with clear title—no liens, no encumbrances, and ready for your next project. 💼 Investment Highlights ✔️ Vacant lot – ready for immediate construction ✔️ Clean & clear title ✔️ Strong resale comps in the $350K–$400K+ range ✔️ Located in an area with consistent buyer demand & redevelopment activity ✔️ Ideal for spec build or long-term rental hold 📊 Deal Snapshot New Construction Exit Values: Median area values: ~$405K+ Conservative ARV: $350K–$400K Estimated Build Strategy: Total Project Cost: ~$280K–$320K 💰 Investment Returns 🔨 Flip Potential Projected Profit: $50K–$100K+ 🏠 Rental Potential Estimated Rent: ~$2,300/month NOI: ~$19,000/year Cap Rate: 6%–8% Leveraged ROI: 10%+ 🚀 Why This Deal? Inventory is tightening in Palm Beach County, and buildable lots under $120K are getting harder to find. This is a low-entry, high-upside opportunity in a market where end buyers are still actively purchasing affordable new construction. 💰 Asking: $100,000 Serious investors only – ready to close
