Sold
Last Sold Price
8 beds4 baths2,404 sqft
1257 Beach 1 Rd, Riviera Beach, FL 33404
Multi FamilyProperty Type
0.18 acresLot Size
1960Year Built
$582/sq ftPrice per sq ft

Description

Stunning, income producing fourplex, currently an AirBnB! Located just a few steps from the Beach at Singer Island! Beautifully decorated & furnished quadplex! Cash producing & successful vacation rental bldg since 2015 with a solid track record well-known on the web. Ocean Mall and Phil Foster Park~Pura Vida Divers are just some of the amazing nearby attractions. Each unit has a private washer/dryer inside. All 4 units are 2-BR + full BA. Both units in back (1 & 2) have private fenced-in backyards...Stunning, income producing fourplex, currently an AirBnB! Located just a few steps from the Beach at Singer Island! Beautifully decorated & furnished quadplex! Cash producing & successful vacation rental bldg since 2015 with a solid track record well-known on the web. Ocean Mall and Phil Foster Park~Pura Vida Divers are just some of the amazing nearby attractions. Each unit has a private washer/dryer inside. All 4 units are 2-BR + full BA. Both units in back (1 & 2) have private fenced-in backyards with hammock's, bbq's, and outdoor seating. In addition ,unit #2 has a large private screened-in front porch that offers additional space. to relax! Don't miss out on this one of a kind investment opportunity!
  • Listed by: Jacqueline LaMonica 561.398.6709 lamonicajackie0527@gmail.com Brokerage DRE #1057941 • Marx Realty Group Inc
  • Listed by: Nuno Marques 774.417.0517 nuno.realtor@gmail.com Brokerage DRE #1057941 • Marx Realty Group Inc
Listing closed: 02/01/2022 12:00 AM • Source: Beaches MLS, MLS#: R10761304

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Location

Listing Courtesy of Marx Realty Group Inc

Sold By William Raveis Palm Beach LLC

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Payment Calculator

$8,307 per month

30 year fixed, 7.03% Interest

Principal and Interest

$7,474

Property Taxes

$833

HOA Dues

$0

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Property Information for 1257 Beach 1 Road

Property Details
  • Taxes: $9,995 / year
  • MLS Type: Residential Income / Quadruplex
  • Furnished: Furnished
  • View: Garden, Other
  • Waterfront Details: None
  • Waterfront: No
  • Style: No Pool/No Water
  • Year Built Numeric: 1960
  • Subdivision: PALM BEACH SHORES
Building Information
  • Stories: 1
  • Year Built: 1960
  • Lot Size: 0.18 AC / 7,840 SF
Summary
Location and General Information
  • Area: 5240
  • Boat Access: Marina, Yacht Club
  • Boat Services: Marina, Yacht Club
  • City and Location Text: Riviera Beach
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Geo Lat: 26.781959
  • Information Available: Accounting Statements, Inventory
  • MLS Area: 5240
  • MLS Sub Area: PB28, Palm Bch 5200; 5210; 5220; 5230; 5240; 5250
  • Postal Code: 33404
  • Roads: Paved
  • State: FL
  • Street #: 1257
  • Subdivision Complex Bldg: PALM BEACH SHORES, PALM BEACH SHORES
  • Complex Name: PALM BEACH SHORES, PALM BEACH SHORES
  • Water Access: None
  • Zoning: RMH-15
Taxes and HOA Information
  • Association Fee: $0
  • Legal Desc: PALM BEACH SHORES TH PT OF LT 413 LYG IN RIVIERA BEACH
  • Parcel ID: 56434227040004130
  • Tax Information: City/County
  • Tax Year: 2020
  • Taxes: $9,995
  • Senior Community: No
Property
Lot Information
  • Acres: 0.18
  • Approx Sqft Total Area: 2804
  • Approximate Lot Size: ~71 ft x ~116 ft
  • Lot Dimensions: ~71 ft x ~116 ft
  • Property Condition: Resale
  • Special Info: Sold As-Is
  • Sq Ft: 2804
  • Sq Ft Liv Area: 2404.0
  • Sq Ft Total: 2,804
  • Property Type: Residential Income, Quadruplex
Property and Assessments
  • Avail Docs: Accounting Statements, Inventory
  • Construction Type: Quadruplex, Built-Up, Resale, CBS, Concrete
  • Development: PALM BEACH SHORES
  • Development Name: PALM BEACH SHORES
  • Document Count: 0
  • Legal Description: PALM BEACH SHORES TH PT OF LT 413 LYG IN RIVIERA BEACH
  • Type: Quadruplex
  • Year Built Description: 1960
Utilities
  • Cable Available: Yes
  • Electric Service: True
  • On Site Utilities: Cable Available, Sewer Available, Water Available
  • Separate Elec Meters: Yes
  • Separate Meter: Yes
  • Separate Wtr Meters: No
  • Sewer Description: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: Yes
  • Construction: CBS, Concrete
  • Gated Community YN: No
  • Guest Accommodations: No
  • Roof: Built-Up
  • Roof Description: Built-Up
  • Subdiv Amenities: Boating, Cabana, Jogging Path, Picnic Area, Playground
  • Surface Description: Paved
  • Window Features: Blinds, Drapes
  • Patio And Porch Features: Porch, Porch - Screened, Porch - Open
  • Fencing: Fenced
  • Storm Protection Details: None
Interior Features
  • Baths Total: 4
  • Column Description: CBS, Concrete
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Flooring: Ceramic Tile, Tile, Vinyl
  • Heating: Central, Electric
  • Heating Description: Central, Electric
  • Num Floors: 1
  • Numof Units: 4
  • PatioFeatures: Porch
Multi Family
Multi Family Information
  • Number of Stories: 1.0
  • Unit Count: 4
Income & Expenses
  • Income & Expenses: Annual Net Oper Inc: $154,000.00
  • Income & Expenses: Annual Total Expense: $38,000.00
  • Income & Expenses: Gross Operating Inc: $192,000.00
  • Exp Incl Pool Service: No
  • Expense Amount: $38,000
  • Gross Operating Income: $154,000
  • Gross Rent Income: $192,000
  • Monthly Income: $192,000
  • Source of Expenses: Owner Provided
Unit Information
Unit 1
  • Appliances: Range, Refrigerator, Dryer, Washer, Microwave
  • Other Equipment: Air Conditioning Unit, Smoke Detector(s)
  • Parking Features: Parking Space
  • Rooms: Kitchen, Laundry Room
  • Actual Rent: $4,300.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Furnished
  • SqFt: 625.0
Unit 2
  • Appliances: Range, Refrigerator, Dryer, Washer, Microwave
  • Other Equipment: Air Conditioning Unit, Smoke Detector(s)
  • Interior Features: Built-in Shelves
  • Parking Features: Parking Space
  • Rooms: Kitchen, Laundry Room
  • Actual Rent: $4,300.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Furnished
  • SqFt: 625.0
Unit 3
  • Appliances: Range, Refrigerator, Dryer, Washer, Microwave
  • Other Equipment: Air Conditioning Unit, Smoke Detector(s)
  • Interior Features: Built-in Shelves
  • Parking Features: Parking Space
  • Rooms: Kitchen, Laundry Room
  • Actual Rent: $3,700.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Furnished
  • SqFt: 577.0
Unit 4
  • Appliances: Dryer, Range, Refrigerator, Washer, Microwave
  • Other Equipment: Air Conditioning Unit, Smoke Detector(s)
  • Interior Features: Built-in Shelves
  • Parking Features: Parking Space
  • Rooms: Kitchen
  • Actual Rent: $3,700.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Furnished
  • SqFt: 577.0
Rental
Rental Information
  • DXORIGMLNO: RML
  • Pets on Premises: No
  • Pets On Premises YN: No
  • Rental Price/SqFt: $623.96
  • Tenant Pays: None

Property History for 1257 Beach 1 Road

DateEvent & SourcePriceAppreciation
Feb 1, 2022

Sold

Beaches MLS #R10761304

$1,400,000—
Jan 6, 2022

Pending

Beaches MLS #R10761304

—
Dec 14, 2021

Listed (Active)

Beaches MLS #R10761304

$1,500,000—
DateEvent & SourcePrice
02/01/2022

Sold

Beaches MLS #R10761304

$1,400,000
01/06/2022

Pending

Beaches MLS #R10761304

—
12/14/2021

Listed (Active)

Beaches MLS #R10761304

$1,500,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1257 Beach 1 Road

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Charter - PK to 12
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Palm Beach School For Autism
CharterPK to 12

John F. Kennedy Middle School
Public6 to 8

William T. Dwyer High School
Public9 to 12

The Learning Center High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Marx Realty Group Inc

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.