Sold
Last Sold Price
12 beds4 baths3,848 sqft

1634 W 9th St, Riviera Beach, FL 33404

Multi FamilyProperty Type
0.2 acresLot Size
1971Year Built
$187/sq ftPrice per sq ft

Description

In early 2021, this quadplex received a brand new roof, 4 brand new electrical panels, updated plumbing & 4 brand new central AC units. Unit 4 is completely remodeled (new kitchen cabinets, quartz countertops, new stove, new dishwasher, new bathtub, new vanity). All floors are tiled except unit 2 has carpet. One unit is currently earning $1650, the other units are paying $1500, $1450 & $1400. The projected income ($1650 rent per unit - $12,567 for taxes & insurance (see attached tax return)) is $66,633...In early 2021, this quadplex received a brand new roof, 4 brand new electrical panels, updated plumbing & 4 brand new central AC units. Unit 4 is completely remodeled (new kitchen cabinets, quartz countertops, new stove, new dishwasher, new bathtub, new vanity). All floors are tiled except unit 2 has carpet. One unit is currently earning $1650, the other units are paying $1500, $1450 & $1400. The projected income ($1650 rent per unit - $12,567 for taxes & insurance (see attached tax return)) is $66,633 which is more than a 7.8% CAP rate. 3 units have long term renters & one unit should be rented at $1800 beginning 02/01/2023. The projected income ($1650 rent per unit - $12,567 for taxes & insurance (see attached tax return)) is $66,633 which is more than a 7.8% CAP rate. 3 units have long term renters & one unit should be rented at $1800 beginning 02/01/2023 (2 tenants are month to month and 2 tenants' leases expire in December 2022 & February 2023). Priced to sell & only showing with a signed contract.
  • Listed by: Dylan Heidrich 561.379.5536 Don@brokersbiz.com Brokerage DRE #1015637 • Seawinds Realty
Listing closed: 02/10/2023 12:00 AM • Source: Beaches MLS, MLS#: R10807469
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Location

Listing Courtesy of Seawinds Realty

Sold By Lara Real Estate Group

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$4,592 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,844

Property Taxes

$748

HOA Dues

$0

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Property Information for 1634 West 9th Street

Property Details

  • Taxes: $8,979 / year
  • MLS Type: Residential Income / Quadruplex
  • Furnished: Furnished
  • View: Garden
  • Waterfront Details: None
  • Waterfront: No
  • Style: No Pool/No Water
  • Year Built Numeric: 1971
  • Subdivision: Harmony Heights

Building Information

  • Stories: 1
  • Year Built: 1971
  • Lot Size: 0.20 AC / 8,712 SF

Summary

Location and General Information
  • Area: 5280
  • City and Location Text: Riviera Beach
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Geo Lat: 26.770742
  • Information Available: Accounting Statements, Deposit - Last Months Rent
  • MLS Area: 5280
  • MLS Sub Area: PB26, Palm Beach 5270; 5280; 5290
  • Postal Code: 33404
  • State: FL
  • Street Direction Prefix: W
  • Street #: 1634
  • Subdivision Complex Bldg: Harmony Heights, Harmony Heights
  • Complex Name: Harmony Heights, Harmony Heights
  • Water Access: None
  • Zoning: Rs-6
Taxes and HOA Information
  • Association Fee: $0
  • Legal Desc: Riviera Heights, LTS 23&24,BLK 2
  • Parcel ID: 56434232050020230
  • Tax Information: City/County
  • Tax Year: 2021
  • Taxes: $8,979
  • Senior Community: No

Property

Lot Information
  • Acreage Description: Less Than 1/4 Acre Lot
  • Acres: 0.2
  • Approx Sqft Total Area: 5280
  • Property Condition: Resale
  • Special Info: Sold As-Is
  • Sq Ft: 5280
  • Sq Ft Liv Area: 3848.0
  • Sq Ft Total: 5,280
  • Property Type: Residential Income, Quadruplex
Property and Assessments
  • Avail Docs: Accounting Statements, Deposit - Last Months Rent
  • Construction Type: Quadruplex, Composition, Other, Resale, CBS, Stucco
  • Development: Harmony Heights
  • Development Name: Harmony Heights
  • Document Count: 2
  • Legal Description: Riviera Heights, LTS 23&24,BLK 2
  • Special Assessment: No
  • Type: Quadruplex
  • Year Built Description: 1971
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: Yes
  • Sewer Description: True
  • Utilities: Cable Available, Sewer Available, Water Available

Interior and Exterior Features

Exterior Features
  • Balcony Porch/Patio: No
  • Construction: CBS, Stucco
  • Gated Community YN: No
  • Guest Accommodations: No
  • Roof: Composition, Other
  • Roof Description: Composition, Other
  • Subdiv Amenities: None
  • Window Features: Blinds
  • Fencing: Fenced
  • Storm Protection Details: None
Interior Features
  • Baths Total: 4
  • Column Description: CBS, Stucco
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Flooring: Tile
  • Heating: Central, Electric
  • Heating Description: Central, Electric
  • 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: $66,633.00
  • Income & Expenses: Annual Total Expense: $12,567.00
  • Income & Expenses: Gross Operating Inc: $79,200.00
  • Exp Incl Pool Service: No
  • Expense Amount: $12,567
  • Gross Operating Income: $66,633
  • Gross Rent Income: $79,200
  • Monthly Income: $79,200
  • Source of Expenses: Owner Provided, Pro Forma

Unit Information

Unit 1
  • Appliances: Range, Refrigerator, Dryer, Washer, Microwave
  • Other Equipment: Air Conditioning Unit, Smoke Detector(s), Washer/Dryer Hookups
  • Parking Features: Open Parking, Parking Space
  • Lease Expiration: 06-01-2022
  • Rooms: Kitchen, Laundry Room
  • Actual Rent: $1,450.00
  • Baths Full: 1
  • Beds Total: 3
  • Furnished: Furnished
  • SqFt: 961.0
Unit 2
  • Appliances: Range, Refrigerator, Dryer, Washer, Microwave
  • Other Equipment: Air Conditioning Unit, Washer/Dryer Hookups
  • Interior Features: Split Bedroom Plan, Built-in Shelves
  • Parking Features: Open Parking, Parking Space
  • Lease Expiration: 12-15-2022
  • Rooms: Kitchen, Laundry Room
  • Actual Rent: $1,650.00
  • Baths Full: 1
  • Beds Total: 3
  • Furnished: Furnished
  • SqFt: 961.0
Unit 3
  • Appliances: Range, Refrigerator, Dryer, Washer, Microwave
  • Other Equipment: Air Conditioning Unit, Smoke Detector(s), Washer/Dryer Hookups
  • Interior Features: Split Bedroom Plan, Built-in Shelves
  • Parking Features: Parking Space, Open Parking
  • Lease Expiration: 06-01-2022
  • Rooms: Kitchen, Laundry Room
  • Actual Rent: $1,400.00
  • Baths Full: 1
  • Beds Total: 3
  • Furnished: Furnished
  • SqFt: 961.0
Unit 4
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Microwave
  • Other Equipment: Air Conditioning Unit, Smoke Detector(s), Washer/Dryer Hookups
  • Interior Features: Split Bedroom Plan
  • Parking Features: Parking Space, Open Parking
  • Lease Expiration: 02-01-2023
  • Rooms: Kitchen, Laundry Room
  • Actual Rent: $1,500.00
  • Baths Full: 1
  • Beds Total: 3
  • Furnished: Furnished
  • SqFt: 961.0

Rental

Rental Information
  • Application Fee: $.00
  • DXORIGMLNO: RML
  • Fee/Deposit Required: HOA Application Fee: 0.0
  • Other Fees: $0
  • Pets on Premises: Yes
  • Pets On Premises YN: Yes
  • Possession Information: Close Of Escrow
  • Rental Price/SqFt: $194.91
  • Tenant Pays: Cable TV, Electricity, Sewer, Water

Property History for 1634 West 9th Street

DateEvent & SourcePriceAppreciation
Feb 10, 2023

Sold

Beaches MLS #R10807469

$720,000—
Jan 7, 2023

Pending

Beaches MLS #R10807469

—
Dec 30, 2022

Listed (Active)

Beaches MLS #R10807469

$869,900—
DateEvent & SourcePrice
02/10/2023

Sold

Beaches MLS #R10807469

$720,000
01/07/2023

Pending

Beaches MLS #R10807469

—
12/30/2022

Listed (Active)

Beaches MLS #R10807469

$869,900

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

Schools near 1634 West 9th Street

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

John F. Kennedy Middle School
Public6 to 8

William T. Dwyer High School
Public9 to 12

Suncoast Community High School
Public9 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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Nearby home values

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 Seawinds Realty

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.