1373 Silver Beach Rd

2
Baths
1,250 Sq. Ft.
$178 / Sq. Ft.
1,250
Sq. Ft.
$178
per Sq. Ft.

Description

Great location investment property, 2 identical units with plenty of income potential and lot zoned for additional units. One unit is completely updated with tile, new bath, kitchen and appliances and is fully rented for $1,200 per month. The other unit has just recently been updated with new tile, kitchen and appliances and is rented for the year also at $1,200 per month. Plus room to add more units. GREAT CAP RATE AND CASH ON CASH RETURNl!Great location investment property, 2 identical units with plenty of income potential and lot zoned for additional units. One unit is completely updated with tile, new bath, kitchen and appliances and is fully rented for $1,200 per month. The other unit has just recently been updated with new tile, kitchen and appliances and is rented for the year also at $1,200 per month. Plus room to add more units. GREAT CAP RATE AND CASH ON CASH RETURNl!
  1. Listed by Stephen D Snow • Brokerage DRE #1041552 • Exit Realty Premier Elite
    P: (561)-291-1783 C: (561)-291-1783 stephensnow21@gmail.com

Property Details for 1373 Silver Beach Road

Furnished
Unfurnished
Waterfront Details
None
Waterfront
No
Style
No Pool/No Water
Year Built Numeric
1956
Subdivision
ACREHOME PARK SECOND ADD
LISTING CLOSED: 12/26/2018 12:00 AM

Property Details for 1373 Silver Beach Road

StatusClosed
MLS #R10403394
Days on Market274
Taxes$1,396 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1956
Lot Size0.27 AC / 11,761 SF
CountyPalm Beach County

Location

Listing Courtesy of Exit Realty Premier Elite

Sold By Exit Realty Premier Elite

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Building Information for 1373 Silver Beach Road

Stories1Residences-Year Built1956Building Size-Lot Size0.27 AC / 11,761 SF

Payment Calculator

$1,223 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,106

Property Taxes

$116

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1373 Silver Beach Road

Summary
Location and General Information
  • Area: 5270
  • City and Location Text: Riviera Beach
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Geo Lat: 26.793001
  • Information Available: None
  • MLS Area: 5270
  • MLS Sub Area: PB26, Palm Beach 5270; 5280; 5290
  • Postal Code: 33404
  • State: FL
  • Street #: 1373
  • Subdivision Complex Bldg: ACREHOME PARK SECOND ADD
  • Complex Name: ACREHOME PARK SECOND ADD
  • Water Access: None
  • Zoning: RD-15(
Taxes and HOA Information
  • Association Fee: $0
  • HOPA: No HOPA
  • Legal Desc: ACREHOME PARK 2ND ADD LTS 16 TO 19 INC BLK 1
  • Parcel ID: 56434229030010160
  • Tax Information: City/County
  • Tax Year: 2017
School Information
  • Elementary School: Dr. Mary McLeod Bethune (Palm Beach)
  • High School: Palm Beach Gardens
  • Middle School: Howell L. Watkins
  • Senior High School: Palm Beach Gardens
Property
Lot Information
  • Acreage Description: 1/4 To Less Than 1/2 Acre Lot
  • Acres: 0.27
  • Approx Sqft Total Area: 1250
  • Approximate Lot Size: 101.0 ft x 0.0 ft
  • Lot Dimensions: 101.0 ft x 0.0 ft
  • Lot Square Footage: 11761.2
  • Property Condition: Resale
  • Sq Ft: 1250
  • Sq Ft Liv Area: 1250.0
  • Sq Ft Total: 1,250
  • Property Type: Residential Income, Duplex
Property and Assessments
  • Avail Docs: None
  • Construction Type: Duplex, Built-Up, Tar/Gravel, Resale, CBS
  • Document Count: 0
  • Legal Description: ACREHOME PARK 2ND ADD LTS 16 TO 19 INC BLK 1
  • Special Assessment: No
  • Type: Duplex
  • Year Built Description: 1956
Utilities
  • Cable Available: Yes
  • Electric Service: Three Phase
  • On Site Utilities: Cable Available, Sewer Available, Water Available
  • Separate Elec Meters: Yes
  • Separate Meter: Yes
  • Separate Wtr Meters: Yes
  • Sewer Description: True
  • Utilities: Cable Available, Sewer Available, Water Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: No
  • Construction: CBS
  • Guest Accommodations: No
  • Private Pool: No
  • Roof: Built-Up, Tar/Gravel
  • Roof Description: Built-Up, Tar/Gravel
  • Subdiv Amenities: None
Interior Features
  • Baths Total: 2
  • Column Description: CBS
  • Cooling: Central Air
  • Flooring: Ceramic Tile
  • Heating: Central Individual
  • Heating Description: Central Individual
  • Num Floors: 1
  • Numof Units: 4
Multi Family
Multi Family Information
  • Number of Stories: 1.0
  • Unit Count: 4
Income & Expenses
  • Income & Expenses: Annual Net Oper Inc: $21,305.00
  • Income & Expenses: Annual Total Expense: $6,475.00
  • Income & Expenses: Gross Operating Inc: $16,200.00
  • Exp Incl Pool Service: No
  • Expense Amount: $6,475
  • Gross Operating Income: $21,305
  • Gross Rent Income: $16,200
  • Monthly Income: $16,200
  • Source of Expenses: Information Limited, Owner Provided, Other
Unit Information
Unit 1
  • Appliances: Range, Refrigerator, Disposal
  • Other Equipment: Air Conditioning Unit
  • Parking Features: Open Parking
  • Lease Expiration: 02-01-2019
  • Rooms: Kitchen
  • Actual Rent: $1,200.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 625.0
Unit 2
  • Appliances: Refrigerator, Disposal
  • Other Equipment: Air Conditioning Unit
  • Parking Features: Open Parking
  • Lease Expiration: 05-01-2019
  • Rooms: Kitchen
  • Actual Rent: $1,200.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 625.0
Unit 3
  • Actual Rent: $.00
  • SqFt: 0.0
Unit 4
  • Actual Rent: $.00
  • SqFt: 0.0
Rental
Rental Information
  • DXORIGMLNO: RML
  • Possession Information: Close Of Escrow
  • Rental Price/SqFt: $200.00
  • Tenant Pays: Cable TV, Electricity, Sewer, Water

Property History for 1373 Silver Beach Road

DateEvent & SourcePriceAppreciation
Dec 26, 2018

Sold (Public Record)

Public Record #637372752

$222,000
Dec 26, 2018

Sold

Beaches MLS #R10403394

$222,000
Nov 19, 2018

Pending

Beaches MLS #R10403394

DateEvent & SourcePrice
12/26/2018

Sold (Public Record)

Public Record #637372752

$222,000
12/26/2018

Sold

Beaches MLS #R10403394

$222,000
11/19/2018

Pending

Beaches MLS #R10403394

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

Public Records for 1373 Silver Beach Road

Taxable ValueLand$82,955Additions$233,086Total$316,041
Tax Record2025$5,730 ($477 / month)
Home Facts
Baths2Total Finished SqFt1,250 SqFtAbove Grade Finished SqFt1,250 SqFtStories1Lot Size11,587 SqFtStyleDuplexYear Built1956Year Renovated1996ZoningRD-15CountyPALM BEACHAPN56-43-42-29-03-001-0160

Schools near 1373 Silver Beach Road

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Dr. Mary Mcleod Bethune Elementary School
PublicPK to 5

Howell L. Watkins Middle School
Public6 to 8

Palm Beach Gardens High School
Public9 to 12

Career Academy of the Palm Beaches
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Exit Realty Premier Elite

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.