Sold
Last Sold Price
5 beds4 baths2,847 sqft
181 W 15th St, Riviera Beach, FL 33404
Multi FamilyProperty Type
0.35 acresLot Size
1935Year Built
$290/sq ftPrice per sq ft

Description

5 Units in total. 2 front units are free standing stuctures. 2 bed 1 bath each. Back building is a triplex all 1 bed 1 bath units. A/C's 2020/2021. Front unit has new fridge, new washer/dryer and gas stove. ROOF REPLACED 2019 and 2021 Units have gas in place keeping expenses low. Parking for 10 Cars. Current Rents: $7,300
Unit 1 - 1 bed 1 baths $1,250
Unit 2- 1 bed 1 baths $1,250
Unit 3 - 1 bed 1 baths $1,250
Cottage 1 - 2 bed 1 baths $1,750
Cottage 2 - 2 bed 1 baths $1,800 Market Rents:
1 bed 1 bath
...5 Units in total. 2 front units are free standing stuctures. 2 bed 1 bath each. Back building is a triplex all 1 bed 1 bath units. A/C's 2020/2021. Front unit has new fridge, new washer/dryer and gas stove. ROOF REPLACED 2019 and 2021 Units have gas in place keeping expenses low. Parking for 10 Cars. Current Rents: $7,300
Unit 1 - 1 bed 1 baths $1,250
Unit 2- 1 bed 1 baths $1,250
Unit 3 - 1 bed 1 baths $1,250
Cottage 1 - 2 bed 1 baths $1,750
Cottage 2 - 2 bed 1 baths $1,800 Market Rents:
1 bed 1 bath market rents are: $1,400 X 3 Units
2 bed 1 bath market rents are: $1,900 X 2 units
Total Market monthly rents are: $8,000

Super close to Singer Island. 2 blocks from Public marina and boat ramp directly in front of Peanut Island.
  • Listed by: Michael J Johnston 561.577.0398 michael@johnstonhometeam.com Brokerage DRE #2034375 • The Keyes Company
  • Listed by: Maby Cuevas 786.251.8462 Maby@johnstonhometeam.com Brokerage DRE #2034375 • The Keyes Company
Listing closed: 08/29/2024 12:00 AM • Source: Beaches MLS, MLS#: R10971471

Location

Listing Courtesy of The Keyes Company

Sold By BM2 Realty

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$5,001 per month

30 year fixed, 6.71% Interest

Principal and Interest

$4,263

Property Taxes

$738

HOA Dues

$0

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Property Information for 181 West 15th Street

Property Details
  • Taxes: $8,857 / year
  • MLS Type: Residential Income / Quadruplex
  • Furnished: Unfurnished
  • Waterfront Details: None
  • Style: No Pool/No Water
  • Year Built Numeric: 1935
  • Design: Quadruplex
  • Subdivision: INLET GROVE
Building Information
  • Stories: 1
  • Year Built: 1935
  • Lot Size: 0.35 AC / 15,245 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: 26.77524
  • Information Available: Deposit - Security, Deposit Held
  • MLS Area: 5280
  • MLS Sub Area: PB26, Palm Beach 5270; 5280; 5290
  • Postal Code: 33404
  • State: FL
  • Street Direction Prefix: W
  • Street #: 181
  • Subdivision Complex Bldg: INLET GROVE
  • Complex Name: INLET GROVE
  • Water Access: None
  • Zoning: RM-15(
Taxes and HOA Information
  • Association Fee: $0
  • Legal Desc: INLET GROVE LTS 11, 12 & 13 BLK 3
  • Parcel ID: 56434233040030110
  • Tax Information: No Homestead
  • Tax Year: 2023
  • Taxes: $8,857
  • Senior Community: No
Property
Lot Information
  • Acreage Description: 1/4 To Less Than 1/2 Acre Lot
  • Acres: 0.35
  • Approx Sqft Total Area: 3011
  • Property Condition: Resale
  • Sq Ft: 3011
  • Sq Ft Liv Area: 2847.0
  • Sq Ft Total: 3,011
  • Type of Building: Quadruplex
  • Property Type: Residential Income, Quadruplex
Property and Assessments
  • Avail Docs: Deposit - Security, Deposit Held
  • Construction Type: Quadruplex, Composition, Resale, CBS
  • Document Count: 0
  • Legal Description: INLET GROVE LTS 11, 12 & 13 BLK 3
  • Type: Quadruplex
  • Year Built Description: 1935
Utilities
  • Cable Available: Yes
  • Electric Service: True
  • On Site Utilities: Cable Available
  • Separate Elec Meters: Yes
  • Separate Meter: Yes
  • Separate Wtr Meters: Yes
  • Utilities: Cable Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: No
  • Construction: CBS
  • Exterior Features: None
  • Gated Community YN: No
  • Guest Accommodations: No
  • Roof: Composition
  • Roof Description: Composition
  • Structure Type: Quadruplex
  • Subdiv Amenities: None
  • Storm Protection Details: None
Interior Features
  • Baths Total: 4
  • Column Description: CBS
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Flooring: Laminate
  • Heating: Electric
  • Heating Description: 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: $55,000.00
  • Income & Expenses: Annual Total Expense: $31,494.00
  • Income & Expenses: Gross Operating Inc: $87,600.00
  • Exp Incl Pool Service: No
  • Expense Amount: $31,494
  • Gross Operating Income: $55,000
  • Gross Rent Income: $87,600
  • Monthly Income: $87,600
  • Source of Expenses: Accountant Provided, Other
Unit Information
Unit 1
  • Other Equipment: Air Conditioning Unit
  • Parking Features: Parking Space
  • Lease Expiration: 06-01-2025
  • Actual Rent: $1,800.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 1368.0
Unit 2
  • Other Equipment: Air Conditioning Unit
  • Parking Features: Parking Space
  • Lease Expiration: 05-31-2025
  • Actual Rent: $1,750.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 1368.0
Unit 3
  • Lease Expiration: 01-31-2025
  • Actual Rent: $1,250.00
  • Baths Full: 1
  • Beds Total: 1
  • Furnished: Unfurnished
  • SqFt: 750.0
Unit 4
  • Parking Features: Parking Space
  • Lease Expiration: 06-30-2024
  • Actual Rent: $1,250.00
  • Baths Full: 1
  • Furnished: Unfurnished
  • SqFt: 750.0
Rental
Rental Information
  • DXORIGMLNO: RML
  • Pets on Premises: Yes
  • Pets On Premises YN: Yes
  • Possession Information: Negotiable
  • Rental Price/SqFt: $351.25
  • Tenant Pays: Cable TV, Electricity

Property History for 181 West 15th Street

DateEvent & SourcePriceAppreciation
Aug 29, 2024

Sold

Beaches MLS #R10971471

$825,000
Aug 26, 2024

Sold (Public Record)

Public Record #1539661892

$825,000

+20.4% / yr

Aug 26, 2024

Pending

Beaches MLS #R10971471

DateEvent & SourcePrice
08/29/2024

Sold

Beaches MLS #R10971471

$825,000
08/26/2024

Sold (Public Record)

Public Record #1539661892

$825,000

+20.4% / yr

08/26/2024

Pending

Beaches MLS #R10971471

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

Public Records for 181 West 15th Street

Taxable ValueLand$230,000Additions$357,348Total$587,348
Tax Record2025$12,867 ($1,072 / month)
Home Facts
Beds2Baths5Total Finished SqFt699 SqFtAbove Grade Finished SqFt699 SqFtStories1Lot Size15,080 SqFtStyleSingle Family ResidenceYear Built1935Year Renovated1950ZoningDRCountyPALM BEACHAPN56-43-42-33-04-003-0110

Schools near 181 West 15th Street

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

John F. Kennedy Middle School
Public6 to 8

William T. Dwyer High School
Public9 to 12

Bodwell Academy
CharterPK 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 The Keyes Company

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.