1265 Silver Beach Road, Riviera Beach, FL 33404

Listing Snapshot

Price

$169,900

Days on Site

83 Days

Bedrooms

2

Total Baths

1

Full Baths

1

Partial Baths

0

Living Area

556 sqft

Total Sq Ft

616 sqft

Lot Size

0.09 Acres

Year Built

1920

Property Type

Single Family

MLS #

A11793179

Property Tax

$3,225 (2024)

Subdivision

MOLPHUS HEIGHTS

County

Palm Beach

Status

Sold

About This Property

Welcome to this charming 2-bedroom, 1-bath home offering a fantastic investment opportunity. Situated in a convenient location, this property is currently tenant occupied with a long term Section 8 tenant paying $2,000 per month, providing immediate rental income. With a strong 8.7% cap rate, this is a solid addition to any investors portfolio. Showings are available after an accepted offer only.  Please do not disturb the tenant. You are welcome to drive by and check out the area, and be sure to view the Matterport tour for a full virtual walkthrough!

General Features

Property Type

Single Family

Status

Sold

Year Built

1920

Property Condition

Resale

Levels

One

Garage Spaces

0

Parking

Driveway / On Street

Direction Faces

South

Lot Size (Acres)

0.09

Living Sq Ft

556

Total Sq Ft

616

Sewer

Public Sewer

Water Source

Public

Zoning

RD-15 (c

Interior Features

Appliances

Microwave / Refrigerator

Cooling

Wall Window Units

Heating

Wall Furnace

Flooring

Tile

Interior Features

Bedroom On Main Level / Main Level Primary / Tub Shower

Windows

Blinds

Furnished

Unfurnished

Exterior Features

Construction

Frame / Stucco

Community & HOA

Association Amenities

None

Pets Allowed

No Pet Restrictions / Yes

Financing Terms

Cash / Conventional

MLS Area

5280

Schools

Elementary School

Dr. Mary McLeod Bethune (Palm Beach)

Middle School

Howell L. Watkins

High School

Palm Beach Gardens