$160,000
SOLD MAR 31, 2021

1401 W 6th St Riviera Beach, FL 33404

-- Bed
-- Bath
1,008 Sq Ft
5,053 Sq Ft Lot

Recently Sold

$159 Per Sq Ft

6% Below List Price

17 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Ceiling Fan
  • William T. Dwyer High School Rated A-

About This Home

As of March 2021

Great investment property for sale in Riviera Beach. Single family home! You dont have to do anything just collect the rent. Its rented for 1400 a month, almost 10% return!!! Tenant has been in the property for almost 3 years and would like to stay. The rent could be increased from June 2021. Regular buyers could also purchase the property but must assume the lease.

Last Agent to Sell the Property

Aleksander Alvestad

LoKation License #3379648 Listed on: 02/11/2021

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,654

Year Built

  • Built in 1985

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Inlet City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 56434232010490010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,654

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1985
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1008.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 56434232010490010
  • Zoning Description: RS8

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1654.0

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 19, 2021
Sold by
Healthy Rentals Llc
Bought by
Investments Cuatro Llc
Seller's Agent
Aleksander Alvestad
LoKation
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Current Estimated Value
$273,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,793
Avg. Annual Appreciation
11.44%

Purchase Details

Closed on
Jan 13, 2017
Sold by
Arana Jorge
Bought by
Healthy Rentals Llc

Purchase Details

Listed on
Jan 19, 2015
Closed on
Apr 15, 2015
Sold by
Smith Mavis E
Bought by
Arana Jorge
Seller's Agent
Alex Bess
Dalton Wade Inc
Buyer's Agent
Alex Bess
Dalton Wade Inc
List Price
$79,500
Sold Price
$45,000
Premium/Discount to List
-$34,500
-43.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.30%

Purchase Details

Closed on
Sep 15, 2011
Sold by
Smith Mavis and Smith Mavis E
Bought by
Smith Mavis E

Purchase Details

Closed on
Sep 7, 1995
Sold by
Morgan Michael L
Bought by
Smith Willie M and Smith Mavis
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 Type Sale Price Title Company
Warranty Deed $160,000 Integrity Title Inc
Quit Claim Deed -- None Available
Warranty Deed $45,000 None Available
Interfamily Deed Transfer -- Attorney
Warranty Deed $30,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Rented $2,200 0.0% --
10/06/2023 10/06/23 For Rent $2,200 +22.2% --
07/29/2022 07/29/22 For Rent $1,800 0.0% --
07/29/2022 07/29/22 Rented $1,800 0.0% --
03/31/2021 03/31/21 Sold $160,000 -5.8% $159 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $169,900 +277.6% $169 / Sq Ft
04/15/2015 04/15/15 Sold $45,000 -43.4% $45 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $79,500 -- $79 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $4,197 $194,097 -- --
2023 $3,850 $176,452 $32,186 $144,266
2022 $3,661 $164,369 $0 $0
2021 $2,182 $117,769 $16,800 $100,969
2020 $1,807 $77,894 $16,800 $61,094
2019 $1,654 $67,866 $13,200 $54,666
2018 $1,476 $60,185 $12,186 $47,999
2017 $1,266 $50,410 $8,704 $41,706
2016 $1,182 $45,197 $0 $0
2015 $921 $31,200 $0 $0
2014 $869 $28,364 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10270927

BeachesMLS (Greater Fort Lauderdale)

APN: 56-43-42-32-01-049-0010