1265 Silver Beach Rd new

Riviera Beach,FL 33404

$ 219900

2 Beds

1 Bath

556 SqFt


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

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

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

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