Seller's Agent in 2024
Thomas Skeba
RE/MAX
(561) 212-6469
2 in this area
45 Total Sales
1619 W 27th St Unit A Riviera Beach, FL 33404
Pleasant Heights NeighborhoodEstimated Value: $180,836 - $458,000
2
Beds
4
Baths
777
Sq Ft
$371/Sq Ft
Est. Value
Highlights
- Garden View
- Tile Flooring
- 3-minute walk to Cunningham Park
- No HOA
- Central Heating and Cooling System
About This Home
As of April 2024VALUE OPPORTUNITY THAT RARELY COMES UP, WITH UNITS THAT ARE IN GOOD SHAPE. ALL THE UNITS ARE 2 BEDROOMS 1 BATH. LARGE MODERN KITCHEN AND HAS A ROW OF CABINETS TOP AND BOTTOM. THERE ARE WASHER AND DRYER HOOK-UP IN ALL THE UNITS. ALL 4 UNITS ARE DEEDED SEPARATELY. HOWEVER, WE ARE SELLING BOTH 4 UNITS AS A GROUP. THE SELLER HAS HAD MOST OF THESE TENANTS FOR A LONG TIME AND THOUGHT OF THEM AS AN EXTENDED FAMILY. HE NEVER PAST ALONG THE PRICE INCREASES THAT HAS HAPPEN IN SOUTH FLORIDA. THE RENTAL ESTIMATES ARE $1,755. TO $1999 PER MONTH. SO WE SHOWED $1750 AS A PROFORMA ESTIMATE. DO NOT WALK THE PROPERTY WITHOUT US BECAUSE SOME OF THE TENANTS WILL CALL THE POLICE. THIS IS A VALUE AD OPPORTUNITY THAT RARELY COMES UP WITH UNITS THAT ARE IN THIS GOOD OF SHAPE, ALL OF THE UNITS ARE 2 BEDROOM 1 BATH UNITS WITH A VERY LARGE AND MODERN KITCHEN AND HAS A ROW OF CABINETS BELOW AND ON TOP OF CABINETS. THE OWNERS HAVE KEPT RENTS AT THE SAME PRICE FOR 12 YEARS. IF YOU RAISE THE RENTS PER MONTH YOUR CAP RATE WOULD BE OVER 7%. AT THE TIME OF THIS LISTING THE LOWEST PRICE RENTAL IN RIVIERA BEACH IS $1,600. FOR A 1 BEDROOM UNIT. OVERALL THE PROPERTY IS IN GOOD OVERALL SHAPE. THERE ARE WASHER AND DRYER HOOKUPS AND 2 OF THE A/C UNITS ARE NEWER. EACH OF THE UNITS ARE DEEDED SEPARATELY AND THERE COULD BE ADDITIONAL INCOME FROM SELLING THEM INDIVIDUALLY. THIS LISTING IS SUBJECT TO ERRORS, OMISSIONS AND CHANGES AT ANY TIME. 4 UNITS IN 1 SALE OR 8 IN 2. VERY GOOD BUY
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,244
Year Built
- Built in 1984
Home Design
- Quadruplex
- Composition Roof
Interior Spaces
- 4 Bathrooms
- 777 Sq Ft Home
- 1-Story Property
- Garden Views
Flooring
- Carpet
- Tile
Additional Features
- 77 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 56434229600000031
Community Details
Overview
- No Home Owners Association
- 4 Units
- Timber Pines West Subdivision
Building Details
- Gross Income $1
- Net Operating Income $1
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2024
Closed on
Apr 15, 2024
Sold by
Robert D Wells D and Robert Barbara S
Bought by
Ruforza Investments Llc
Seller's Agent
Thomas Skeba
RE/MAX Services
Buyer's Agent
Thomas Skeba
RE/MAX Services
List Price
$750,000
Sold Price
$485,000
Premium/Discount to List
-$265,000
-35.33%
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$197,041
Avg. Annual Appreciation
-23.89%
Purchase Details
Closed on
Dec 12, 2022
Sold by
Wells Robert D and Wells Barbara S
Bought by
Robert D Wells And Barbara S Wells Revocable
Purchase Details
Closed on
Apr 21, 2009
Sold by
Donnelly James E and Donnelly Patricia A
Bought by
Wells Robert D and Wells Barbara S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 23, 2002
Sold by
Podray Andrew V
Bought by
Donnelly James E and Donnelly Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
6.49%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ruforza Investments Llc | $970,000 | None Listed On Document | |
| Robert D Wells And Barbara S Wells Revocable | -- | -- | |
| Robert D Wells And Barbara S Wells Revocable | -- | -- | |
| Robert D Wells And Barbara S Wells Revocable | -- | -- | |
| Robert D Wells And Barbara S Wells Revocable | -- | -- | |
| Wells Robert D | $83,000 | First Federated Title Llc | |
| Donnelly James E | $157,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wells Robert D | $82,000 | |
| Previous Owner | Donnelly James E | $125,600 | |
| Closed | Donnelly James E | $15,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/19/2024 04/19/24 | Sold | $485,000 | -35.3% | $624 / Sq Ft |
| 04/08/2024 04/08/24 | Pending | -- | -- | -- |
| 02/04/2024 02/04/24 | For Sale | $750,000 | -- | $965 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
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 |
|---|---|---|---|---|
| 2025 | $1,271 | $115,000 | -- | -- |
| 2024 | $1,271 | $30,653 | -- | -- |
| 2023 | $1,244 | $27,866 | $0 | $115,000 |
| 2022 | $831 | $25,333 | $0 | $0 |
| 2021 | $714 | $40,000 | $0 | $40,000 |
| 2020 | $688 | $40,000 | $0 | $40,000 |
| 2019 | $670 | $40,000 | $0 | $40,000 |
| 2018 | $569 | $32,000 | $0 | $32,000 |
| 2017 | $539 | $30,000 | $0 | $0 |
| 2016 | $493 | $14,300 | $0 | $0 |
| 2015 | $396 | $13,000 | $0 | $0 |
| 2014 | $408 | $13,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Skeba
-
Rebecca Skeba-Mancini
Seller Co-Listing Agent in 2024
Rebecca Skeba-Mancini
RE/MAX
(954) 871-7545
2 in this area
53 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: R10956610
APN: 56-43-42-29-60-000-0031
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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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