461 Silver Beach Rd, Unit 1

$850,000
Price
Beds
Baths
3,360 Sq. Ft.
$253 / Sq. Ft.
3,360
Sq. Ft.
$253
per Sq. Ft.

Description

NEW ROOF's Aug 2025 New Water Heaters This investment opportunity features two side-by-side duplexes in the rapidly growing Riviera Beach area. 2 Duplexes being sold together.461 silver beach Parcel # 56434228350410020MLS#: RX-11068125 &451 silver beach parcel # 56434228350410030MLS#: RX-11068096. A total of four income-producing units with existing tenants and significant upside potential through rental increases. Two Adjacent Duplexes being sold together. (Four Units Total) ($225,000 per door)...NEW ROOF's Aug 2025 New Water Heaters This investment opportunity features two side-by-side duplexes in the rapidly growing Riviera Beach area. 2 Duplexes being sold together.461 silver beach Parcel # 56434228350410020MLS#: RX-11068125 &451 silver beach parcel # 56434228350410030MLS#: RX-11068096. A total of four income-producing units with existing tenants and significant upside potential through rental increases. Two Adjacent Duplexes being sold together. (Four Units Total) ($225,000 per door) Each unit features two bedrooms and one bathroom with washer/Dryer Hookups -Each unit is separately metered electric. High Rental Demand area with strong appreciation potential. (market rents $2,000 per unit) Current Lease Details below:
  1. Listed by Michael J Johnston • The Keyes Company • 561-577-0398
  2. Listed by Maby Cuevas • The Keyes Company

Property Details for 461 Silver Beach Road, Unit 1

Subdivision
PARK MANOR 6
Waterfront
No
Waterfront Details
None
Style
No Pool/No Water
LISTING UPDATED: 11/06/2025 10:15 AM

Property Details for 461 Silver Beach Road, Unit 1

StatusActive
MLS #RX-11068125
Days on Market289
Taxes$5,705 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quad Plex
Year Built1964
Lot Size0.18 AC / 8,050 SF
CountyPalm Beach County

Location

Listing Courtesy of The Keyes Company
Add your commute

Building Information for 461 Silver Beach Road, Unit 1

Stories1Residences2Year Built1964Building Size-Lot Size0.18 AC / 8,050 SF

Payment Calculator

$4,676 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,200

Property Taxes

$475

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 461 Silver Beach Road, Unit 1

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: Silver Beach Road east to property. Property is on the south side of the street.
  • Geo Area: Palm Beach 5270; 5280; 5290
  • Street Number: 461
  • Subdivision Complex Bldg: PARK MANOR 6
  • Municipal Code: Riviera Beach
  • State: FL
  • City Postal ID: 33403
  • MLS Area: 5270
  • MLS Sub Area: PB26
Parking
  • Carport Spaces: 0
Taxes and HOA Information
  • HOPA: No Hopa
  • Tax Year: 2024
  • HOA Dues: $0
Property
Lot Information
  • Area: 5270
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre
  • Parcel ID: Parcel # 56434228350410020
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 3,876
  • Square Ft Source: Tax Rolls
  • Zoning: RD-15(
Property and Assessments
  • Legal Desc: PARK MANOR NO 6 LOT 3 BLK 41
  • Sq Ft Liv Area: 3360.0
  • Legal Description: PARK MANOR NO 6 LOT 3 BLK 41
Utilities
  • Utilities: Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction
  • Exterior Features: Covered Patio
  • Private Pool: No
  • Storm Protection: None
  • Subdiv Amenities: Ball Field, Boating, Park, Play Area, Playground, Sidewalks, Street Lights
  • Gated Community YN: No
Interior Features
  • Roof: Comp Shingle
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Cooling: Wall-Win A/C
  • Flooring: Terrazzo Floor
  • Heating: Window/Wall
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $76,400.00
  • Income & Expenses: Annual Total Expense: $1,000.00
  • Income & Expenses: Gross Operating Inc: $86,400.00
  • Tenant Pays: Cable, Electric
Unit 1
  • Unit 1 Desc: A/C Unit, Refrigerator, W/D Hookup
  • Unit 1 Info: Bedrooms: 2
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Lease Ends: 02-28-2026
  • Unit 1 Info: Monthly Income: 1,800
  • Unit 1 Info: SqFt: 840.0
  • Unit 1 Parking: Open Parking
Unit 2
  • Unit 2 Desc: A/C Unit, Refrigerator, W/D Hookup
  • Unit 2 Info: Bedrooms: 2
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Lease Ends: 05-15-2026
  • Unit 2 Info: Monthly Income: $1,800
  • Unit 2 Info: SqFt: 840.0
  • Unit 2 Parking: Open Parking
Unit 3
  • Unit 3 Desc: A/C Unit, Refrigerator, W/D Hookup
  • Unit 3 Info: Bedrooms: 2
  • Unit 3 Info: Full Bath: 1
  • Unit 3 Info: Furnished: No
  • Unit 3 Info: Lease Ends: 01-01-2026
  • Unit 3 Info: Monthly Income: $1,700.00
  • Unit 3 Info: SqFt: 840.0
  • Unit 3 Parking: Open Parking
Unit 4
  • Unit 4 Desc: A/C Unit, Refrigerator, W/D Hookup
  • Unit 4 Info: Bedrooms: 2
  • Unit 4 Info: Full Bath: 1
  • Unit 4 Info: Furnished: No
  • Unit 4 Info: Lease Ends: 09-30-2026
  • Unit 4 Info: Monthly Income: $1,700.00
  • Unit 4 Info: SqFt: 840.0
  • Unit 4 Parking: Open Parking
Rental
Rental Information
  • Pets on Premises: No

Property History for 461 Silver Beach Road, Unit 1

DateEvent & SourcePriceAppreciation
Oct 17, 2025

Price Change

RAPB #RX-11068125

$850,000
Oct 17, 2025

Price Change

RAPB #RX-11111891

$425,000
Sep 11, 2025

Price Change

RAPB #RX-11068125

$875,000
Jul 31, 2025

Price Change

RAPB #RX-11068125

$890,000
Jul 31, 2025

Listed (Active)

RAPB #RX-11111891

$450,000
May 24, 2025

Listed (Active)

RAPB #RX-11068125

May 7, 2025

Pending

RAPB #RX-11068125

Mar 4, 2025

Listed (Active)

RAPB #RX-11068125

$900,000
Jan 14, 2021

Sold (Public Record)

Public Record #1482652286

$305,000

+39.7% / yr

Jan 23, 2019

Sold (Public Record)

Public Record #638885784

$157,500

+16.0% / yr

May 2, 2016

Sold (Public Record)

Public Record #571068163

$105,000
May 2, 2016

Sold

RAPB #RX-10193150

$105,000
Apr 14, 2016

Pending

RAPB #RX-10193150

Dec 21, 2015

Listed (Active)

RAPB #RX-10193150

$142,900
DateEvent & SourcePrice
10/17/2025

Price Change

RAPB #RX-11068125

$850,000
10/17/2025

Price Change

RAPB #RX-11111891

$425,000
09/11/2025

Price Change

RAPB #RX-11068125

$875,000
07/31/2025

Price Change

RAPB #RX-11068125

$890,000
07/31/2025

Listed (Active)

RAPB #RX-11111891

$450,000
05/24/2025

Listed (Active)

RAPB #RX-11068125

05/07/2025

Pending

RAPB #RX-11068125

03/04/2025

Listed (Active)

RAPB #RX-11068125

$900,000
01/14/2021

Sold (Public Record)

Public Record #1482652286

$305,000

+39.7% / yr

01/23/2019

Sold (Public Record)

Public Record #638885784

$157,500

+16.0% / yr

05/02/2016

Sold (Public Record)

Public Record #571068163

$105,000
05/02/2016

Sold

RAPB #RX-10193150

$105,000
04/14/2016

Pending

RAPB #RX-10193150

12/21/2015

Listed (Active)

RAPB #RX-10193150

$142,900

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

Public Records for 461 Silver Beach Road, Unit 1

Taxable ValueLand$130,320Additions$184,798Total$315,118
Tax Record2025$6,727 ($561 / month)
Home Facts
Baths2Total Finished SqFt1,680 SqFtAbove Grade Finished SqFt1,680 SqFtStories1Lot Size8,311 SqFtStyleDuplexYear Built1964Year Renovated1979ZoningRD-15CountyPALM BEACHAPN56-43-42-28-35-041-0020

Schools near 461 Silver Beach Road, Unit 1

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.

Similar Homes

Similar Sold Homes

461 Silver Beach Road, Unit 1 is a multi-family home for sale in Riviera Beach, FL 33403. This property was listed for sale on March 4, 2025 by The Keyes Company, it's currently listed at $850,000. It has been on the market for a total of 289 days and was last sold on January 14, 2021. This listing's school district is Palm Beach. Nearby schools include Lincoln Elementary School, John F. Kennedy Middle School and Palm Beach Gardens High School. 461 Silver Beach Road, Unit 1 is a 0-bed, 0-bath, 3,360 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

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.