173 W 18th St Riviera Beach, FL 33404
Inlet Shores NeighborhoodEstimated payment $2,234/month
Highlights
- Closet Cabinetry
- Laundry Room
- Ceramic Tile Flooring
- William T. Dwyer High School Rated A-
- Entrance Foyer
- Central Heating and Cooling System
About This Home
5-bedroom, 1-bath tenant-occupied house. Excellent cash flow, underwrites to a 7.5% cap rate after adjusting property taxes upward for new ownership.This property generates $3,395 in monthly rent ($40,740 gross annual rent) and the current lease runs through July 2026. Tenants pay all utilities for low operating expenses Four point inspection report available.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,677
Year Built
- Built in 1960
Lot Details
- 5,117 Sq Ft Lot
- Property is zoned RS-6(c
Home Design
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,228 Sq Ft Home
- 1-Story Property
- Furnished or left unfurnished upon request
- Entrance Foyer
- Family Room
- Ceramic Tile Flooring
- Laundry Room
Kitchen
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Closet Cabinetry
- 1 Full Bathroom
Parking
- Over 1 Space Per Unit
- Driveway
Utilities
- Central Heating and Cooling System
Community Details
- Smith Add In Subdivision
Listing and Financial Details
- Assessor Parcel Number 56434233150000070
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,677 | $168,987 | -- | -- |
| 2023 | $2,380 | $80,303 | $0 | $0 |
| 2022 | $2,163 | $73,003 | $0 | $0 |
| 2021 | $1,881 | $103,870 | $19,200 | $84,670 |
| 2020 | $1,691 | $87,909 | $13,800 | $74,109 |
| 2019 | $1,542 | $75,996 | $12,600 | $63,396 |
| 2018 | $1,364 | $66,786 | $11,797 | $54,989 |
| 2017 | $1,264 | $59,902 | $9,437 | $50,465 |
| 2016 | $1,183 | $41,208 | $0 | $0 |
| 2015 | $1,068 | $37,462 | $0 | $0 |
| 2014 | $1,029 | $34,056 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/17/2025 11/17/25 | For Sale | $365,000 | +121.2% | $297 / Sq Ft | |
| 06/23/2023 06/23/23 | Sold | $165,000 | -27.0% | $146 / Sq Ft | View Prior Sale |
| 05/19/2023 05/19/23 | Pending | -- | -- | -- | |
| 05/10/2023 05/10/23 | For Sale | $226,000 | -- | $200 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $165,000 | First American Title Insurance | |
| Warranty Deed | $200,000 | Flagler Title Company | |
| Deed | $30,400 | -- |
Source: BeachesMLS
MLS Number: R11142554
APN: 56-43-42-33-15-000-0070
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