NOT LISTED FOR SALE

130 W 16th St Unit A And B Riviera Beach, FL 33404

Inlet Shores Neighborhood

Estimated Value: $331,000 - $391,000

3 Beds
2 Baths
1,323 Sq Ft
$268/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $239,000 $181 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,256/month

300 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • No Heating
  • William T. Dwyer High School Rated A-

About This Home

As of October 2021

Amazing investment opportunity to own a duplex 2 bedroom/1 bathroom rented for $$1150 and 1 bedroom/1 bathroom rented $750.00 Each unit has its own electric meter and water meter

Last Agent to Sell the Property

Dror Gerges

Leader Realty License #3433619 Listed on: 11/25/2020

Last Buyer's Agent

Carl Dervis

The Keyes Company License #3409671

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,688

Year Built

  • Built in 1952

Lot Details

  • 6,723 Sq Ft Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,323 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 56434233040010250

Community Details

Overview

  • 2 Units
  • Inlet Grove Subdivision

Building Details

  • Operating Expense $3,888
  • Net Operating Income $18,912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,688

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I 95 TO BLUE HERON EAST TO BRODWAY SOUTH (FEDERAL HWY)TO 16 STREET
  • Year Built: 1952
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1323.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 56434233040010250
  • Lot Size Sq Ft: 6723.0
  • Zoning Description: RM-15(
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 18912.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 3888.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2688.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Oct 26, 2021
Sold by
Yas Holdings Llc
Bought by
Louis Adler and Louis Jean Julien
Seller's Agent
Dror Gerges
Leader Realty
Buyer's Agent
Carl Dervis
The Keyes Company
List Price
$199,000
Sold Price
$239,000
Premium/Discount to List
$40,000
20.1%
Current Estimated Value
$354,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,311
Avg. Annual Appreciation
10.40%
Original Mortgage
$234,671
Outstanding Balance
$214,462
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$139,849

Purchase Details

Closed on
Feb 28, 2019
Sold by
Dolby Thomas
Bought by
Yas Holdings Llc

Purchase Details

Closed on
Feb 22, 2019
Sold by
1110 Gs Llc
Bought by
Dolby Thomas and 130 W 16Th Ave Land Trust

Purchase Details

Closed on
Mar 29, 2016
Sold by
Scbiling Marcos
Bought by
Meridain Trust Llc

Purchase Details

Closed on
Mar 24, 2016
Sold by
Meridian Trust Llc
Bought by
1110 Gs Llc

Purchase Details

Closed on
Jun 19, 2015
Sold by
Kennedy David and Kennedy Annie Mae
Bought by
Meridian Trust Llc

Purchase Details

Closed on
May 20, 2005
Sold by
Kennedy David
Bought by
Kennedy David and Kennedy Annie Mae
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Louis Adler $239,000 Florida Title Center Llc
Yas Holdings Llc $142,500 Title Guaranty Of South
Dolby Thomas $130,000 Attorney
Meridain Trust Llc $55,000 None Available
1110 Gs Llc $65,000 Attorney
Meridian Trust Llc $55,000 Attorney
Kennedy David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Louis Adler $234,671
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold $239,000 +20.1% $181 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
11/25/2020 11/25/20 For Sale $199,000 -- $150 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $4,774 $220,550 -- --
2023 $4,442 $200,500 $0 $0
2022 $4,055 $182,273 $0 $0
2021 $2,670 $113,781 $20,800 $92,981
2020 $2,688 $113,828 $19,840 $93,988
2019 $1,975 $108,691 $18,240 $90,451
2018 $1,497 $62,322 $10,716 $51,606
2017 $1,380 $55,131 $8,573 $46,558
2016 $1,301 $50,537 $0 $0
2015 $1,008 $35,189 $0 $0
2014 $973 $31,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dror Gerges

    Leader Realty

    (561) 703-9428

    1 in this area

    43 Total Sales

    Dror Gerges
    Section Image
  • Carl Dervis

    Buyer's Agent in 2021

    Carl Dervis

    The Keyes Company

    (954) 464-6764

    1 in this area

    7 Total Sales

    Carl Dervis
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10674083

BeachesMLS

APN: 56-43-42-33-04-001-0250

Florida Palm Beach County Riviera Beach 33404 Inlet Shores

130 W 16th St Unit A And B, Riviera Beach, FL

This home is located at 130 W 16th St Unit A And B, Riviera Beach, FL 33404 since 25 November 2020 and is currently estimated at $354,311, approximately $267 per square foot. This property was built in 1952. 130 W 16th St Unit A And B is a home located in Palm Beach County with nearby schools including Lincoln Elementary School, William T. Dwyer High School, and John F. Kennedy Middle School.

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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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