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$219,900

Est. payment - /mo

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2 Beds

1 Bath

556 SqFt

New

1265 Silver Beach Rd Riviera Beach, FL 33404

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Sammy Hernandez

sammysellsmiami@gmail.com +1(786) 203-8671

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 556 sqft

Price per Sqft $395

Subdivision Molphus Heights

MLS Listing ID A11793179

Style One Story

Bedrooms 2

Full Baths 1

Construction Status Resale

HOA Y/N Yes

Year Built 1920

Annual Tax Amount $3,225

Tax Year 2024

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

Construction Status Resale

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

Tax ID 56434229120001270

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed No Pet Restrictions, Yes

Virtual Tour https://my.matterport.com/show/?m=HkWnK17feKB&mls=1

Listed by Brown Harris Stevens

+1(786) 203-8671

sammysellsmiami@gmail.com

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