An exceptional investment opportunity awaits with this fully updated four-unit townhome complex, offering four spacious residences, two units featuring 3 bedrooms, 2 full baths, and 1 half bath and the other two with 2 bedrooms, 2 full baths and 1 half bath. Renovated throughout, every unit showcases updated kitchens and bathrooms, new appliances, impact windows, and 2022 A/C systems, providing a turnkey opportunity for investors seeking immediate income potential with minimal maintenance. The property offers multiple income streams, with one unit currently operating as a successful Airbnb while the remaining three units are slated for corporate lease occupancy. Each townhome also features a private covered screened patio, creating an inviting outdoor living space for tenants and guests. Ideally located just minutes from the beach, premier shopping, dining, and entertainment, this is a rare opportunity to own a versatile income-producing property in a highly desirable location. Please see Broker Remarks for additional details regarding the current leasing structure. Investment opportunities like this rarely come to market—schedule your private showing today before it's gone!
Yacht Harbor Estates, located between Lake Worth Lagoon and the Intracoastal Waterway, is a waterfront and residential Riviera Beach neighborhood with deep-water canals and private docks. The neighborhood’s character concentrates around the Blue Heron Boulevard bridge approach, where marinas, bait-and-tackle counters, and boat-service yards set a working-waterfront tone. Low-slung Florida ranch homes and newer rebuilds line quiet streets, with palms and seawalls framing the canal edges. Days track tides, with kayaks and center consoles moving through no-wake zones toward the inlet. Peanut Island and Phil Foster Park shape the local rhythm with snorkel-friendly shallows and ferry traffic. Dining and dockside culture often points toward Sailfish Marina and the Riviera Beach Marina Village.
Provided by Walk Score and Local Logic
Offer insights
1216 Surf Rd · $2,900,000
$2.83M and above
75% chance or better to win
Why $2.83M+ is a strong offer
DAYS ON MARKET
60 days
The average home goes pending in 98 days.
SALE-TO-LIST
93.4%
Most homes are selling 7% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Ceramic tile and vinyl flooring
Flooring
Ceramic tile
Vinyl
Heating & cooling
Central heating
Central air conditioning
Exterior features
Covered patio
Screened patio
Patio
Home design
Quadruplex
2-story building
Resale property
Construction
CBS construction
Shingle roof
Slab foundation
Building area approximately 5,376 total; living area approximately 5,312
Utilities
Public water
Public sewer
Electricity connected
Water connected
4 separate electric meters
4 separate water meters
Financial info
4 total units
Tenants pay electricity, insurance, and water
Pets allowed with no restrictions
Number of units in community: 4
Electricity and solar
View estimated energy costs and solar savings for this home
The RMH-15 multifamily/hotel district is similar to the RM-15 multifamily dwelling district except that hotels and motels and their customary accessory uses, as found to be appropriate, may be permitted.
Permitted uses
Include but are not limited to:
Restaurant
Housing-Single unit
Housing-Multiple units
Hotel / motel
Climate risks
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 24 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Riviera Beach, FL • 33404
Average low and high temperatures (°F)
74
56
77
59
81
64
83
69
89
75
90
76
90
77
92
78
89
77
85
73
81
65
78
62
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
7.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1216 Surf Rd
$2,502,909
$397K under list price of $2.90M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $550K to $4.0M.