THE OPPORTUNITY: 8-UNIT SHOVEL-READY ALPHA PLAY 109, 117 & 125 W 14th St, Riviera Beach, FL 33404 Offered at: $1,080,000 | Site Plan Approved | Permit-Ready STOP CHASING YIELD. START BUILDING IT. In a market where "deals" are picked over before they hit the wire, 109 W 14th St offers a rare, high-velocity exit for the serious developer. This isn't just a land play; it is a fully entitled, three-parcel assemblage delivered with a Permit Submittal-Ready construction package. We have removed the 12-to-18-month municipal headache, allowing you to break ground and begin your vertical depreciation schedule immediately. THE PROJECT: ENGINEERED FOR MAX ROI This two-story, 8-unit architectural concept was designed with one goal: Market Versatility. Whether you are targeting the high-demand "Workforce Housing" sector or the "Coastal Professional" demographic, these floor plans maximize every square inch of the ~9,600 rentable SF. (4) 3-Bed / 2-Bath Units: High-density luxury. Est. Market Rent: $3,260/mo. (4) 2-Bed / 2-Bath Units: Sleek and efficient. Est. Market Rent: $2,420/mo. The Stats: 0.41-acre site, 11 off-street parking spaces, and optimized utilities access. THE "PATH OF PROGRESS" IS NOW A HIGHWAY You aren't just buying a lot; you are buying into the $375M+ Marina Village Revitalization. Located just blocks from the new Oculina Bank Headquarters, this site is the primary beneficiary of the massive northward migration of wealth and commerce from West Palm Beach. Proximity Power: Minutes to the Port of Palm Beach, I-95, and the pristine beaches of Singer Island. The Demographic Shift: Riviera Beach is currently seeing a surge in "Nautical Urbanism"—where young professionals and maritime workers are seeking modern rentals within striking distance of the water. CHOOSE YOUR EXIT STRATEGY The Cash Flow Machine: Stabilize the asset and leverage the strong HCV (Voucher) floors ($2,190–$2,860) or tap into the soaring market-rate demand. The Institutional Flip: Build and sell to a REIT or private fund at stabilization (Targeting a 6-7.5% Cap Rate). The Condo Play: Execute individual unit sales in a market starving for sub-$500k inventory. WHY THIS LISTING? The heavy lifting is done. The zoning is locked. The site plan is approved. While other investors are fighting over 4% cap rates on aging inventory, you can manufacture double-digit equity by going vertical in the most exciting redevelopment zone in Palm Beach County. Don't wait for the permit—it’s ready for you. Buy the finish line, not the starting blocks. For the full permit package, site plans, and pro-forma data, contact Drew Saporito | Broker Associate