About 56 W 12th Street
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.)
Features of 56 W 12th Street
| MLS® # | A11939822 |
|---|---|
| USD | $1,365,000 |
| CAD | $1,891,822 |
| CNY | 元9,156,830 |
| EUR | €1,176,357 |
| GBP | £1,008,944 |
| RUB | ₽114,868,709 |
| Last Listing Price | $1,400,000 |
| Year Built | 2021 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Closed |
| HOPA | No Hopa |
Community Information
| Address | 56 W 12th Street |
|---|---|
| Area | 5280 |
| Subdivision | RIVIERA IN PB 2 |
| City | Riviera Beach |
| County | Palm Beach |
| State | FL |
| Zip Code | 33404 |
Amenities
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central, Electric, Separate Meters |
|---|---|
| Cooling | Central Air, Ceiling Fan(s), Electric |
| # of Stories | 2 |
Exterior
| Roof | Other, Shingle |
|---|---|
| Construction | Block |
School Information
| Elementary | Lincoln |
|---|---|
| Middle | John F. Kennedy (Palm Beach) |
| High | William T. Dwyer |
Additional Information
| Date Closed | May 1st, 2026 |
|---|---|
| Date Listed | January 6th, 2026 |
| Days on Market | 250 |
| Zoning | CG (city |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Parcel ID | 56434233060130120 |
Listing Details
| Office | BAWONS Properties, Inc |
|---|