Real Estate Investing in Riviera Beach, Florida (33404)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33404 (Riviera Beach, FL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 28.5% of homes vacant — above national norms.
What’s happening in Riviera Beach, FL (33404)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33404 Riviera Beach
ZIP 33404 inside Palm Beach County looks affordable on the surface — median value of $434K — but the discount exists for reasons that a careful buyer should understand before committing.
The 33404 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Within FL, ZIP 33404 trails on several market indicators that neighboring Palm Beach County submarkets outperform. The gap is real and notable enough to shape underwriting.
The demographic picture in 33404 includes headwinds that any investor should price in. Income distribution skews lower than Riviera Beach averages, and tenant stability requires active management.
Distressed ZIPs reward experience. significant returns are possible in 33404, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Riviera Beach:
Property Strategy for 33404
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $320,077 | $1,530 | 3.4% | +7.1% | $320,077 |
| 2BR | $563,789 | $1,810 | 2.3% | +7.8% | $281,895 |
| 3BR | $330,824 | $2,350 | 5.1% | +8.1% | $110,275 |
| 4BR | $417,096 | $2,720 | 4.7% | +8.4% | $104,274 |
| 5BR | $609,170 | — | — | +8.5% | $121,834 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33404 Compare?
| Metric | 33404 | Riviera Beach | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $434,278 | $434,278 | N/A | $374,697 |
| 5-Year CAGR | 4.8% | 4.8% | N/A | 7.4% |
| Avg Rent | $2,707 | $2,707 | N/A | - |
| Cap Rate | 4.9% | 4.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 33404 (Riviera Beach, FL). Anonymous, moderated, never written by AI.
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Property managers serving Palm Beach County
Manage rentals here? List your business →Ibero Property Management and Real Estate Services offers apartment, multifamily, commercial, and rental management, alongside real estate services for sellers, buyers, and investors. summary from their website
Mangrove Property Management specializes in leasing, management, and sales of rental properties including single-family homes, townhomes, condos, and multi-family buildings in Northern and Central Pal summary from their website
Maxima Property Management Inc. offers property management, real estate brokerage, second home management, and vacation rental management services in South Florida, including Pompano Beach, Fort Laude summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $434,278 |
| Monthly Rent | $2,707 |
| Price-to-Rent | 13.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.5% |
| Cap Rate | 4.9% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | -1.8% ▼ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | +2.1% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +6.3% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 33404
Population: 30,533
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 33404
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How strong is Riviera Beach, FL for real estate investors?
Riviera Beach, FL scores 3.0/5 for investability. Home values sit at $434K and rents near $2,707/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Are rents high in Riviera Beach, FL?
Rents in Riviera Beach, FL run near $2,707/mo. Compared with median home prices of $434K that produces solid gross yields for typical rentals.
What strategy should investors use in Riviera Beach, FL?
A careful cash-flow rentals with hands-on management strategy Riviera Beach, FL best. The market produces reliable results for that approach at the $434K price point.
Does house hacking work in Riviera Beach, FL?
House hacking works a challenging in Riviera Beach, FL. Rents of $2,707/mo against $434K acquisition make the strategy solid for owner-occupants.
Are there empty rentals in Riviera Beach, FL?
Riviera Beach, FL sees elevated vacancy, which is reasonable relative to the broader FL rental market.
You know 33404 now. You don’t know where it ranks.
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How 33404 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
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