NOT LISTED FOR SALE

1257 Beach Rd Riviera Beach, FL 33404

Palm Beach Shores Area

Estimated Value: $862,000 - $1,653,328

8 Beds
4 Baths
2,404 Sq Ft
$555/Sq Ft Est. Value

Sale Details

Date Sold: July 24, 2019

Last sale price $1,015,000 $422 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $8,064 / mo

95 Days on Market

Highlights

  • Boat Ramp
  • Community Cabanas
  • Outdoor Living Area
  • William T. Dwyer High School Rated A-
  • Garden View
  • No HOA

About This Home

As of July 2019

High-producing FOURPLEX AirBnB just a few steps from the Beaches, Marina's (Sailfish), Restaurants & Entertainment in Singer Island on BEACH RD! Beautifully redesigned, decorated & furnished quadplex is a Class-A product! True 9.5%-10% CAP! Significantly upgraded property interior & exterior! Serious cash-producer & successful vacation rental bldg since 2015 with solid track record well-known on Web. Few steps to Ocean Mall, City Beach & Marina's. Walk to the Ritz-Carlton, Palm Beach Shores Resort, Marriott Resort's & much more! 8 parking spaces; two/unit. Each unit has private washer/dryer inside. All 4 units are 2-BR + full BA. Both units in back (1+2) have private fenced-in backyards with hammock's, bbq's, table's & seating. Unit #2 has large private screened-in front porch. DISCLAIMER: ...Written & verbal info provided including but not limited to prices, measurements, square footage's, lot sizes, calculations & statistics have been obtained & conveyed from third parties such as the applicable MLS, public records & other sources. All info including that produced by the Seller or Listing Broker/agent are subject to errors, omissions or changes without notice & should be independently verified by any prospect for the purchase of a Property. The Seller & Listing Broker/agent expressly disclaim any warranty or representation regarding all info. Prospective purchasers' use of this or any written & verbal info is acknowledgement of this disclaimer & that Prospects shall perform their own due diligence.

Last Agent to Sell the Property

Matan Morag

Regency Realty Services License #3124553 Listed on: 05/21/2019

Regency Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,493

Year Built

  • Built in 1960

Lot Details

  • 8,020 Sq Ft Lot
  • Fenced
  • Paved or Partially Paved Lot
  • Sprinkler System

Home Design

  • Quadruplex
  • Built-Up Roof

Interior Spaces

  • 4 Bathrooms
  • 2,404 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Screened Porch
  • Garden Views

Flooring

  • Ceramic Tile
  • Vinyl

Outdoor Features

  • Outdoor Living Area
  • Shed

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 56434227040004130

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Palm Beach Shores Subdivision

Amenities

  • Picnic Area

Recreation

  • Boat Ramp
  • Boating
  • Community Playground
  • Community Cabanas
  • Trails

Building Details

  • Gross Income $119,500
  • Net Operating Income $99,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,493

Year Built

Built in 1960

Lot Details

8,020 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: Southbound I-95 to PGA, East to A1A, Left on Beach Court, Right to Beach Road, on left side 1257. From Northbound I-95 to Blue Heron, East to A1A, Right on Beach Court, then Right on Beach Road.
  • Year Built: 1960
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Tile, Vinyl
  • Living Area: 2404.0
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Outdoor Living Area, Porch
  • View: Garden, Other
  • Fencing: Fenced
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Private: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: No
  • Amenities: Boating, Cabana, Picnic Area, Playground, Trail(s)
  • Association: No

Lot Info

  • Parcel #: 56434227040004130
  • Lot Size Acres: 0.18
  • Lot Size: ~71 ft x ~116 ft
  • Mobile Dim Units: Feet
  • Zoning: RMH-15

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Property Net Operating Income: 99500.0
  • Number Of Units Total: 4
  • Annual Gross Income: 119500.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4492.66

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Bought by
Current Estimated Value
$1,334,443

Purchase Details

Listed on
May 21, 2019
Closed on
Jul 24, 2019
Sold by
Bought by
Seller's Agent
Matan Morag
Regency Realty Services
List Price
$1,049,000
Sold Price
$1,015,000
Premium/Discount to List
-$34,000
-3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%
Original Mortgage
$483,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 19, 2017
Closed on
May 4, 2017
Sold by
Bought by
Seller's Agent
Matan Morag
Regency Realty Services
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%

Purchase Details

Closed on
Oct 2, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
6.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 30, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,400,000 Tirado-Luciano & Tirado
$1,015,000 Attorney
$850,000 Attorney
$600,000 Attorney
$350,000 Universal Land Title Inc
$200,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $483,000
Previous Owner $412,500
Previous Owner $300,000
Previous Owner $266,000
Previous Owner $191,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2019 07/24/19 Sold $1,015,000 -3.2% $422 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
03/24/2019 03/24/19 For Sale $1,049,000 +23.4% $436 / Sq Ft
05/05/2017 05/05/17 Sold $850,000 0.0% $354 / Sq Ft View Prior Sale
03/15/2017 03/15/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $850,000 -- $354 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,511 $459,960
2024 $9,511 $440,708
2023 $9,599 $442,734 $0 $442,734
2022 $6,735 $271,761 $0 $0
2021 $5,890 $265,188 $0 $265,188
2020 $5,310 $224,595 $0 $224,595
2019 $5,067 $215,713 $0 $215,713
2018 $4,493 $189,722 $0 $189,722
2017 $4,197 $173,726 $0 $0
2016 $4,233 $171,800 $0 $0
2015 $3,832 $146,337 $0 $0
2014 $3,552 $133,034 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matan Morag

    Seller's Agent in 2019

    Matan Morag

    Regency Realty Services

    (561) 706-0095

    126 Total Sales

    Matan Morag
    Section Image

  • D

    Buyer Co-Listing Agent in 2019

    Douglas Driver

    Meridan Realty Advisors, Inc

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10515651

BeachesMLS (Greater Fort Lauderdale)

APN: 56-43-42-27-04-000-4130

Florida Palm Beach County Riviera Beach 33404

1257 Beach Rd, Riviera Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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