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$1,400,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
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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.)

Full Property Details for 56 W 12th St

General

  • Price: $1,400,000
  • Taxes: $14,198 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11939822
  • Updated: 3/10/2026
  • Added to Site: 88 day(s) ago

Rental Information

  • Rent Includes: Gardener, Sewer, Trash Collection

Interior

  • Interior Features: Stairs
  • Flooring: Concrete, Tile

Parking

  • Total Spaces: 8

Location

  • Area: Riviera In Pb 2
  • County: Palm Beach County
  • Subdivision: RIVIERA IN PB 2
  • Building Name: RIVIERA IN PB 2

Community

  • Community Name: Riviera In Pb 2
  • Units Assoc/Comm: 2

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Detached
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction
  • Roof: Other, Shingle
  • Stories/Levels: 2
  • Building Size: 4942
  • Square Feet: 4,760
  • Sq. Ft. Source: Appraisal
  • Living Area: 4,760 Sq. Ft.
  • Year Built: 2021

Unit Information

  • Units in Complex: 2

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: CG (city

Financial Considerations

  • Price Per Sq. Ft.: $294.12
  • Tax Amount: $14,198
  • Tax Year: 2025
  • Terms: Conventional, FHA

Disclosures and Reports

  • Documents Avail.: Copy Of Lease(S)
  • Legal Description: RIVIERA LTS 12 & 13 & LT 14 (LESS NLY 11.37 FT OF WLY 21.06 FT TRGLR PAR) BLK 13
  • Property ID: 56434233060130120

Listed by BAWONS Properties, Inc

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Listing agent

— 56 W 12th St —

  • BAWONS Properties, Inc

wendy.pierre@bawons.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 56 W 12th St

School District:Palm Beach County School District
NameGradesDistance
Lincoln Elementary School
1160 Avenue N, Riviera Beach, FL 33404
PK-51.1 mi
William T. Dwyer High School
13601 North Military Trail, Palm Beach Gardens, FL 33410
9-127.8 mi
John F. Kennedy Middle School, Riviera Beach, FL
1901 Avenue S, Riviera Beach, FL 33404
6-81.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 56 W 12th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/04/2026
Price Reduced
$1,400,000
-6.67%
MLS
1/06/2026
Listed
$1,500,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 56 W 12th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,199
-3%
$688,957
-3%
2024
$14,615
-1%
$709,124
-1%
2023
$14,832
21%
$714,729
23%
2022
$12,238
877%
$581,194
910%
2021
$1,253
3%
$57,540
5%
2019
$1,215
6%
$54,810
3%
2018
$1,150
-5%
$53,227
-3%
2017
$1,208
3%
$55,125
5%
2016
$1,175
-2%
$52,500
1%
2015
$1,193
-21%
$51,900
-18%
2014
$1,506
-24%
$63,546
-5%
2013
$1,992
—
$66,896
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by BAWONS Properties, Inc

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56 W 12th St, Riviera Beach, FL 33404 (MLS# A11939822) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 56 W 12th St is currently listed for $1,400,000 and was received on January 06, 2026. Want to learn more about 56 W 12th St? Do you have questions about finding other Multi-Family real estate for sale in Riviera Beach? You can browse all Riviera Beach real estate or contact a Coldwell Banker agent to request more information.

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