Riviera Beach, FL 33403 461 Silver Beach Road 1
$900,000
37 more
Presented By: The Keyes Company
Beds • 8
Baths • 4
SQFT • 3,360
Home Details
**This investment opportunity features two side-by-side duplexes in the rapidly growing Riviera Beach area. A total of four income-producing units with existing tenants and significant upside potential through rental increases.** Two Adjacent Duplexes being sold together. (Four Units Total) ($225,000 per door) Each unit features two bedrooms and one bathroom with washer/Dryer Hookups -Each unit is separately metered electric. High Rental Demand area with strong appreciation potential. *(market rents $2,000 per unit)* Current Lease Details below: **Unit 1: 2 bed 1 bath -lease expires 5/25 - $1,800 per month **Unit 2: 2 bed 1 bath -lease expires 1/26 - $1,700 per month **Unit 3: 2 bed 1 bath - Vacant **Unit 4: 2 bed 1 bath - lease expires 2/26 -$1,800 per month. Immediate Upside
Presented By: The Keyes Company
Interior Features for 461 Silver Beach Road 1
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTerrazzo
Heating Y/NYes
General for 461 Silver Beach Road 1
Additional Parcels Y/NNo
Assoc Fee Paid PerMonthly
Attached Garage No
Carport Y/NNo
CityRiviera Beach
Community FeaturesNonGated
Construction MaterialsBlock
CoolingWallWindowUnits
CountyPalm Beach
DirectionsSilver Beach Road east to property. Property is on the south side of the street.
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionPARK MANOR NO 6 LOT 3 BLK 41
LevelsOne
Lot Size Square Feet8050.0
Lot Size UnitsSquareFeet
MLS Area5270
MLS Area MinorPalm Beach 5270; 5280; 5290
MobileHomeRemainsYNNo
Net Operating Income76400.0
New ConstructionNo
Number Of Units Total4
Operating Expense1000.0
Patio/Porch FeaturesPatio
Pool FeaturesNone
PossessionClosingAndFunding, CloseOfEscrow
PostalCityRiviera Beach
Property Attached Y/NNo
Property ConditionResale
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition, Shingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Subdivision NamePARK MANOR 6
Tax Annual Amount5705.0
Tax Year2024
Tenant PaysExteriorElectric
Unit Number1
UtilitiesElectricityAvailable, SewerAvailable, WaterAvailable
Virtual TourClick here
Virtual TourClick here
Waterfront Y/NNo
Year Built1964
Year Built DetailsResale
Zoning DescriptionRD-15(
Exterior for 461 Silver Beach Road 1
Building Area Total3876.0
Covered Spaces0.0
Crops Included Y/NNo
Exterior AmenitiesPatio
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions< 1/4 Acre
Lot FeaturesLessThanQuarterAcre
Lot Size Area8050.0
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic
Additional Details
Price History
Shannon Wilson
Executive Recruiter
![Affiliate Lockup_Ivory[50]](https://assets.agentfire3.com/uploads/sites/49/2024/02/Affiliate-Lockup-Ivory50.max.png)
