151 Riviera Dr - Residential LAND FOR SALE


Pasadena, MD 21122- Riviera Beach9,148 SF
$599,000 USD
443-463-2501
151 Riviera Dr, Pasadena, MD for Sale
$599,000 USD
Residential LAND - FOR SALE
1/28
9,148 SF

151 Riviera Dr
Pasadena, MD 21122
Riviera Beach


HIGHLIGHTS

  • Income producing
  • Convenient location
  • detached garage

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/ACRE

$2,852,256/AC

PRICE/SF

$65 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Riviera Drive

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.21 AC

LAND SF

9,148 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Cable

ZONING

R5

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Beverly Harkum LocantoreRE/Max ExecutiveMore Info
443-463-2501

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Beverly Harkum LocantoreRE/Max ExecutiveMore Info
443-463-2501

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.