Last Sold Price
8 beds4 baths3,360 sqft$182/sqft
451-461 Silver Beach Rd, Riviera Beach, FL 33403

Description

Two duplexes on Silver Beach Road available for sale as a package. Two separate parcels with a surface parking lot shared by the two properties provides ample parking. Concrete block (CBS) construction. Separately metered for electric. Tenants pay electric. One water meter per duplex. Water/sewer service is City provided and paid by landlord. Market rents are $1,400-$1,500 per month, providing significant upside to new ownership. Located a few blocks from Bert Bostrom Park and a half mile to U. S....Two duplexes on Silver Beach Road available for sale as a package. Two separate parcels with a surface parking lot shared by the two properties provides ample parking. Concrete block (CBS) construction. Separately metered for electric. Tenants pay electric. One water meter per duplex. Water/sewer service is City provided and paid by landlord. Market rents are $1,400-$1,500 per month, providing significant upside to new ownership. Located a few blocks from Bert Bostrom Park and a half mile to U. S. 1, offering easy access to employment centers including the Port of Palm Beach and St. Mary's Medical Center.
LISTING CLOSED: 01/14/2022 12:00 AM

  1. Listed by Jesse J Bailey • Brokerage DRE #1061214 • 49 Units, LLC
    P: (561)-318-3337 C: (561)-318-3337 jbailey@49units.com

Property Details for 451-461 Silver Beach Road

Status
MLS #
R10763381
Days on Market
4
Taxes
$3,734 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Quadruplex
Year Built
1964
Lot Size
0.37 AC / 16,117 SF
Furnished
Unfurnished
Waterfront Details
None
Style
No Pool/No Water
Year Built Numeric
1964
Subdivision
PARK MANOR

Location

Listing Courtesy of 49 Units, LLC

Sold By EXP Realty LLC

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Building Information for 451-461 Silver Beach Road

Stories1Residences-Year Built1964Building Size-Lot Size0.37 AC / 16,117 SF

Payment Calculator

$3,412 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,101

Property Taxes

$311

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 451-461 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: 26.792566
  • Information Available: Copy Of Lease(s)
  • MLS Area: 5270
  • MLS Sub Area: PB26, Palm Beach 5270; 5280; 5290
  • Postal Code: 33403
  • State: FL
  • Subdivision Complex Bldg: PARK MANOR
  • Complex Name: PARK MANOR
  • Water Access: None
  • Zoning: RD-15(
Taxes and HOA Information
  • Association Fee: $0
  • HOPA: No HOPA
  • Legal Desc: PARK MANOR NO 6 LOT 2 BLK 41
  • Parcel ID: 564342283504100200030
  • Tax Information: City/County
  • Tax Year: 2021
  • Taxes: $3,734
Property
Lot Information
  • Acreage Description: Less Than 1/4 Acre Lot
  • Acres: 0.37
  • Approx Sqft Total Area: 1938
  • Property Condition: Resale
  • Special Info: Sold As-Is
  • Sq Ft: 1938
  • Sq Ft Liv Area: 3360.0
  • Sq Ft Total: 1,938
  • Property Type: Residential Income, Quadruplex
Property and Assessments
  • Avail Docs: Copy Of Lease(s)
  • Construction Type: Quadruplex, Composition, Resale, CBS
  • Document Count: 0
  • Legal Description: PARK MANOR NO 6 LOT 2 BLK 41
  • Type: Quadruplex
  • Year Built Description: 1964
Utilities
  • Electric Service: Three Phase
  • On Site Utilities: Sewer Available, Water Available
  • Separate Elec Meters: Yes
  • Separate Meter: Yes
  • Separate Wtr Meters: No
  • Sewer Description: Public Sewer
  • Utilities: Sewer Available, Water Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: Yes
  • Construction: CBS
  • Gated Community YN: No
  • Guest Accommodations: No
  • Roof: Composition
  • Roof Description: Composition
  • Subdiv Amenities: Baseball/Softball Field, Boating, Park, Playground, Sidewalks, Street Lights
  • Patio And Porch Features: Patio, Patio - Covered
  • Storm Protection Details: None
Interior Features
  • Baths Total: 4
  • Column Description: CBS
  • Cooling: Wall/Window Unit(s)
  • Flooring: Terrazzo
  • Heating: Window/Wall
  • Heating Description: Window/Wall
  • Num Floors: 1
  • Numof Units: 4
  • PatioFeatures: Patio
Multi Family
Multi Family Information
  • Number of Stories: 1.0
  • Unit Count: 4
Income & Expenses
  • Income & Expenses: Annual Net Oper Inc: $30,192.00
  • Income & Expenses: Annual Total Expense: $15,708.00
  • Income & Expenses: Gross Operating Inc: $45,900.00
  • Exp Incl Pool Service: No
  • Expense Amount: $15,708
  • Gross Operating Income: $30,192
  • Gross Rent Income: $45,900
  • Monthly Income: $45,900
  • Source of Expenses: Owner Provided
Unit Information
Unit 1
  • Appliances: Range, Refrigerator
  • Parking Features: Open Parking
  • Lease Expiration: 12-31-2021
  • Rooms: Kitchen, Laundry Room
  • Actual Rent: $925.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 840.0
Unit 2
  • Appliances: Range, Refrigerator
  • Parking Features: Open Parking
  • Lease Expiration: 12-31-2021
  • Rooms: Kitchen, Laundry Room
  • Actual Rent: $1,050.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 840.0
Unit 3
  • Actual Rent: $975.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 840.0
Unit 4
  • Actual Rent: $875.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 840.0
Rental
Rental Information
  • DXORIGMLNO: RML
  • Pets on Premises: Yes
  • Pets On Premises YN: Yes
  • Possession Information: Close Of Escrow
  • Rental Price/SqFt: $171.43
  • Tenant Pays: Cable TV, Electricity

Property History for 451-461 Silver Beach Road

DateEvent & SourcePriceAppreciation
Jan 14, 2022

Sold

Beaches MLS #R10763381

$610,000
Dec 11, 2021

Pending

Beaches MLS #R10763381

Dec 7, 2021

Listed (Active)

Beaches MLS #R10763381

$576,000
DateEvent & SourcePrice
01/14/2022

Sold

Beaches MLS #R10763381

$610,000
12/11/2021

Pending

Beaches MLS #R10763381

12/07/2021

Listed (Active)

Beaches MLS #R10763381

$576,000

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

Schools near 451-461 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
Lincoln Elementary School
PublicPK to 5

John F. Kennedy Middle School
Public6 to 8

Palm Beach Gardens High School
Public9 to 12

Inlet Grove Community 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 49 Units, LLC

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.