451 Silver Beach RD 1 Active

Riviera Beach,FL 33403

$ 900000

8 Beds

4 Baths

3360 SqFt


Key Details

Property Type Multi-Family

Sub Type Quad Plex

Listing Status Active

Purchase Type For Sale

Square Footage 3,360 sqft

Price per Sqft $267

Subdivision Park Manor 6

MLS Listing ID RX-11068096

Bedrooms 8

Full Baths 4

Year Built 1964

Annual Tax Amount $5,704

Tax Year 2024

Lot Size 8,050 Sqft

Property Sub-Type Quad Plex

Property Description

**This investment opportunity features two side-by-side duplexes in the rapidly growing Riviera Beach area. 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:**Unit 1: 2 bed 1 bath -lease expires 5/25 - $1,800 per month **Unit 2: 2 bed 1 bath -lease expires 1/26 - $1,700 per month **Unit 3: 2 bed 1 bath - Vacant**Unit 4: 2 bed 1 bath - lease expires 2/26 -$1,800 per month. Immediate Upside

Location

State FL

County Palm Beach

Area 5270

Zoning RD-15(

Interior

Heating Window/Wall

Cooling Wall-Win A/C

Flooring Terrazzo Floor

Exterior

Exterior Feature Covered Patio

Utilities Available Electric,Public Sewer,Public Water

Amenities Available Ball Field,Boating,Park,Play Area,Playground,Sidewalks,Street Lights

Waterfront Description None

Roof Type Comp Shingle

Building

Lot Description < 1/4 Acre

Story 1.0

Foundation CBS

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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