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1265 Silver Beach Rd Riviera Beach, FL 33404
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Key Details
Sold Price $150,000
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
Style One Story
Bedrooms 2
Full Baths 1
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
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile
Exterior
Exterior Feature Patio
Pool None
View Other
Roof Type Composition
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Structure Type Frame,Stucco
Schools
Elementary Schools Dr. Mary Mcleod Bethune Elementary
Middle Schools Howell L. Watkins
High Schools Palm Beach Gardens
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listed As-Is
Pets Allowed No Pet Restrictions, Yes
Read Less
Bought with Fathom Realty FL, LLC
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