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1265 Silver Beach Rd Riviera Beach, FL 33404
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 556 sqft
Price per Sqft $269
Subdivision Molphus Heights
MLS Listing ID A11793179
Sold Date 08/04/25
Style One Story
Bedrooms 2
Full Baths 1
HOA Y/N Yes
Year Built 1920
Annual Tax Amount $3,225
Tax Year 2024
Contingent Other
Lot Size 3,984 Sqft
Property Sub-Type Single Family Residence
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, 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!
Location
State FL
County Palm Beach
Community Molphus Heights
Area 5280
Direction 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.
Interior
Interior Features Bedroom on Main Level, First Floor Entry, Tub Shower
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile
Furnishings Unfurnished
Window Features Blinds
Appliance Microwave, Refrigerator
Exterior
Exterior Feature Patio
Pool None
View Other
Roof Type Composition
Porch Patio
Garage No
Private Pool No
Building
Lot Description < 1/4 Acre
Faces South
Story 1
Sewer Public Sewer
Water Public
Architectural Style One Story
Structure Type Frame,Stucco
Schools
Elementary Schools Dr. Mary Mcleod Bethune Elementary
Middle Schools Howell L. Watkins
High Schools Palm Beach Gardens
Others
Pets Allowed No Pet Restrictions, Yes
Senior Community No
Restrictions Limited Number Vehicles,No Restrictions
Tax ID 56434229120001270
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Listed As-Is
Pets Allowed No Pet Restrictions, Yes
Read Less
Bought with Fathom Realty FL, LLC