Property Description
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, it?s a solid addition to any investor?s portfolio. The tenant would like to remain. Showings are available after an accepted offer ? please do not disturb the tenant. You?re welcome to drive by and check out the area, and be sure to view the Matterport tour for a full virtual walkthrough!
Address: 1265 Silver Beach Rd, Riviera Beach FL 33404
City: Riviera Beach
Area: MOLPHUS HEIGHTS
State/County: Palm Beach County
Zip: 33404
Property Id: 3368447
Price: $ 219,900
Property Size: 556 ft2
Property Lot Size: 0 ft2
Rooms: 0
Bedrooms: 2
Bathrooms: 1
ArchitecturalStyle: Attached,One Story
AssociationFee: 0
BathroomsFull: 1
BathroomsHalf: 0
BathroomsTotalDecimal: 1
BridgeModificationTimestamp: 2025-04-29T21:40:25.694Z
BuildingAreaTotal: 616
BuildingAreaUnits: Square Feet
BuildingName: MOLPHUS HEIGHTS
CarportSpaces: 0
CommunityFeatures: None
ConstructionMaterials: Frame With Stucco,Stucco
ContractStatusChangeDate: 2025-04-29
Cooling: Wall/Window Unit(s)
CoveredSpaces: 0
DaysOnMarket: 0
DirectionFaces: South
Directions: I-95 to W Blue Heron Blvd Exit, turn East. At N Congress Ave turn N. continue to Silver Beach Rd and turn East, House will be on the Right. No Front Parking - park in the back on W 37th Ct.
ElementarySchool: Dr. Mary Mcleod Bethune Elementary
Flooring: Tile
Furnished: Unfurnished
GarageSpaces: 0
Heating: Window/Wall
HighSchool: Palm Beach Gardens
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
ListAOR: A-Miami Association of REALTORS
ListAgentDirectPhone: 305-877-7604
ListAgentEmail: [email protected]
ListAgentFullName: Monika Olimpiew
ListAgentKey: 416bbefc0d167794baee249444235207
ListAgentMlsId: 3326089
ListAgentOfficePhone: 305-695-1111
ListAgentStateLicense: 3326089
ListOfficeFax: 305-669-8441
ListOfficeKey: 6c9d13359f6c8877f0bf41450a13992d
ListOfficeMlsId: BHSM01
ListOfficeName: Brown Harris Stevens
ListOfficePhone: 305-695-1111
ListOfficeURL: https://my.matterport.com/show/?m=HkWnK17feKB&mls=1
ListingAgreement: Exclusive Right To Sell
ListingContractDate: 2025-04-29
ListingId: A11793179
ListingKeyNumeric: 410760191
ListingTerms: All Cash,Conventional
LivingAreaUnits: Square Feet
LotFeatures: Less Than 1/4 Acre Lot
LotSizeSquareFeet: 3984
LotSizeUnits: Square Feet
MIAMIRE_AdjustedAreaSF: 579
MIAMIRE_LPAmtSqFt: 395.5036
MIAMIRE_PetsAllowedYN: 1
MIAMIRE_RATIO_CurrentPrice_By_SQFT: 395.5
MIAMIRE_Style: R30-No Pool/No Water
MIAMIRE_SubdivisionInformation: No Subdiv/Park Info
MIAMIRE_TypeofAssociation: None
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