NOT LISTED FOR SALE

160 E 27th 1 St Unit 1 Riviera Beach, FL 33404

Inlet Shores Neighborhood

Estimated Value: $404,053 - $437,000

3 Beds
2 Baths
3,028 Sq Ft
$139/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $475,000 $157 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,729/month

54 Days on Market

Highlights

  • Terrazzo Flooring
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of March 2021

Can't miss opportunity ! Inlet shores apartments is a 5 unit complex comprised of duplex and a triplex being sold together at the listing price. The duplex is comprised of a 3 bedroom 1 bath and a 1 bedroom 1 bath. The duplex is comprised of 2 bedroom 1 bath and two studios.

Last Agent to Sell the Property

Ahmed Abdeldayem

KW Innovations License #3309101 Listed on: 12/27/2020

KW Innovations

Last Buyer's Agent

Ahmed Abdeldayem

KW Innovations License #3309101 Listed on: 12/27/2020

KW Innovations

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,464

Year Built

  • Built in 1955

Lot Details

  • 9,805

Home Design

  • Aluminum Roof

Interior Spaces

  • 3,028 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Terrazzo Flooring

Additional Features

  • 9,805 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 56434228130000160

Community Details

Overview

  • 4 Units
  • Inlet Shores Subdivision

Building Details

  • Operating Expense $18,371
  • Net Operating Income $30,229

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,464

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Blue heron to 27th street
  • Year Built: 1955
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 3028.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Aluminum

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 56434228130000160
  • Lot Size Sq Ft: 9805.0
  • Zoning Description: RMH-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 30229.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 18371.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3464.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2024
Sold by
178 E 27Th Street Llc
Bought by
Beatty Lacie
Current Estimated Value
$420,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Outstanding Balance
$303,742
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$116,276

Purchase Details

Listed on
Dec 27, 2020
Closed on
Mar 22, 2021
Sold by
Beach Riviera Llc
Bought by
178 E 27Th Street Llc
Seller's Agent
Ahmed Abdeldayem
KW Innovations
Buyer's Agent
Ahmed Abdeldayem
KW Innovations
List Price
$550,000
Sold Price
$475,000
Premium/Discount to List
-$75,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.64%

Purchase Details

Closed on
Jul 30, 2014
Sold by
Chin Henry M and Chin Vandary
Bought by
Beach Riviera Llc

Purchase Details

Closed on
Sep 30, 1994
Sold by
Fidelity Fed Sav Bk Fl
Bought by
Chin Henry M and Chin Vanday

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
8.56%

Purchase Details

Closed on
Jul 8, 1994
Sold by
Clerk Circuit Court
Bought by
Fidelity Fed Sav Bk Fl and Fidelity Fed Sav & Loan Assn W Palm Bch

Purchase Details

Closed on
Jun 27, 1994
Sold by
Clerk Circuit Court
Bought by
Fidelity Fed Sav Bk Fl
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
Beatty Lacie $410,000 None Listed On Document
Beatty Lacie $510,000 None Listed On Document
178 E 27Th Street Llc $470,000 Attorney
Beach Riviera Llc $105,000 Platinum Title Insurers Llc
Chin Henry M $41,500 --
Fidelity Fed Sav Bk Fl -- --
Fidelity Fed Sav Bk Fl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beatty Lacie $307,500
Previous Owner Chin Henry M $42,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2021 03/22/21 Sold $475,000 -13.6% $157 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
12/27/2020 12/27/20 For Sale $550,000 -- $182 / 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 $6,315 $292,350 -- --
2023 $5,893 $265,773 $0 $0
2022 $5,311 $241,612 $0 $0
2021 $3,839 $201,259 $93,000 $108,259
2020 $3,464 $172,812 $72,000 $100,812
2019 $3,274 $166,879 $64,200 $102,679
2018 $2,787 $133,178 $57,374 $75,804
2017 $2,570 $118,804 $49,891 $68,913
2016 $2,366 $94,281 $0 $0
2015 $2,164 $85,710 $0 $0
2014 $1,774 $66,284 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ahmed Abdeldayem

    Seller's Agent in 2021

    Ahmed Abdeldayem

    KW Innovations

    (305) 801-5871

    1 in this area

    34 Total Sales

    Ahmed Abdeldayem
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Map

Source: BeachesMLS

MLS Number: R10680518

BeachesMLS

APN: 56-43-42-28-13-000-0160

Florida Palm Beach County Riviera Beach 33404 Inlet Shores

160 E 27th 1 St Unit 1, Riviera Beach, FL

This home is located at 160 E 27th 1 St Unit 1, Riviera Beach, FL 33404 since 27 December 2020 and is currently estimated at $420,018, approximately $138 per square foot. This property was built in 1955. 160 E 27th 1 St Unit 1 is a home located in Palm Beach County with nearby schools including Lincoln Elementary School, John F. Kennedy Middle School, and Palm Beach Gardens Community High 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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