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151 Riviera Dr
Pasadena, MD 21122 Riviera Beach

$599,000 USD

Land For Sale  •  0.21 AC

Property Details

  • Property Type Land
  • Lot Size 0.21 AC
  • Zoning R5
0 Transit Score
75 Walk Score

Description

Riviera Beach Multi-Unit Opportunity
So many possibilities with this versatile property! With county permitting, the existing structure may be converted into a single-family home with an attached in-law suite, offering flexibility for multi-generational living or continued income potential.
This licensed three-unit property sits on a fenced corner lot just off the main street in the heart of Riviera Beach. Enjoy a highly walkable location—two blocks from the bus stop and within easy walking distance to grocery stores, convenience shops, restaurants, and more.
Unit Details
•	Main Level – Unit A: 1 bedroom, kitchen, living room, and full bath
•	Main Level – Unit B: 2 bedrooms, kitchen, dining room, living room, full bath, and laundry area
•	Upper Level – Unit C: 1 bedroom, kitchen/dining combination, living room, and full bath
Each unit is equipped with ceiling fans and air conditioning and maintains separate occupancy and lead inspection certifications.
An excellent investment opportunity in a desirable, water-privileged community featuring a sandy beach, boat ramp, pier, community parks, walking paths, schools, and churches.
Additional Notes:
•	Long-term tenant in Unit C (currently month-to-month)
•	Also listed under Multifamily MDAA2128774
Unique opportunity for this multi-dwelling property with strong income potential. Two of the existing tenants are on month-to-month leases and, having benefited from the landlord’s generosity, are prepared to vacate.
•	Unit A: Monthly rent $1,500.00, currently month-to-month (estimated market rent $1,800.00)
•	Unit B: Monthly rent $1,150.00 (below market) with a lease in place through the end of 2026 (estimated market rent $1,400.00)
•	Unit C: Monthly rent $750.00, currently month-to-month (estimated market rent $1,200.00)
Tenants are paying below market rent.
Tenant Notices: Notice has been served to all tenants.
Showings: Agents, please contact the listing agent to gain access. Kindly allow 2 hours’ notice for all showings. Showings available Monday–Friday after 3:45 PM.

There is a detached garage on property, unit C currently uses garage, could potentially be income producing

Highlights

Income producing
Convenient location
detached garage

Public Transportation

AirportDriveWalkDistance
Baltimore/Washington International Thurgood Marshall 26 min - 15.1 mi
Ronald Reagan Washington Ntl 71 min - 48.7 mi
Beverly Harkum Locantore 443-463-2501 RE/Max Executive
Beverly Harkum Locantore 443-463-2501 RE/Max Executive