NOT LISTED FOR SALE

220 E 27th St Unit E Riviera Beach, FL 33404

Inlet Shores Neighborhood

Estimated Value: $196,000 - $358,000

2 Beds
2 Baths
864 Sq Ft
$322/Sq Ft Est. Value

Sale Details

Date Sold: June 10, 2016

Last sale price $94,875 $110 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $1,775 / mo

274 Days on Market

About This Home

As of June 2016

This is a great opportunity own a Multifamily income property. This building has 2 units that are renting for $750.00 per month. This property is one of five building for a total of 20 units. This is package 1 of 5. with RX-10152732, 10152762,10152724 and 10152732 Seller will agree to an acceptable contract for all five properties only. RENTS WILL BE CONFRIMED AT THE TIME OF CONTRACT.

Last Agent to Sell the Property

Wayne Searson

Premier Brokers International License #3238109 Listed on: 07/18/2015

Premier Brokers International

Last Buyer's Agent

Albert Smith

Landstar Real Estate Inc License #3236973

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,183

Year Built

  • Built in 1951

Lot Details

  • 4,920 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2 Bathrooms
  • 864 Sq Ft Home
  • 1-Story Property

Utilities

  • Cooling Available
  • Central Heating
  • Water Available

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 56434228130000250

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Inlet Shores Subdivision

Building Details

  • Gross Income $17,400
  • Net Operating Income $8,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,183

Year Built

Built in 1951

Lot Details

4,920 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Take I-95 East on Blue Heron, Left on Broadway, Right on 27th Street
  • Year Built: 1951
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 864.0

Exterior Features

  • Exterior Features: None
  • View: Other
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Concrete
  • Property Condition: Resale
  • Roof: Other

Utilities

  • Cooling: Electric, Other
  • Cooling Y N: Yes
  • Heating: Central, Other
  • Heating Yn: Yes
  • Utilities: Electricity Available, None, Water Available
  • Water Source: Multiple Meters

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 56434228130000250
  • Lot Size Acres: 0.11
  • Lot Size: 50.0 ft x 0.0 ft
  • Mobile Dim Units: Feet
  • Zoning: RMH15

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Property Net Operating Income: 8400.0
  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 17400.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1182.71

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2015
Closed on
Jun 8, 2016
Sold by
Bought by
Seller's Agent
Wayne Searson
Premier Brokers International
Buyer's Agent
Albert Smith
Landstar Real Estate Inc
List Price
$91,000
Sold Price
$94,875
Premium/Discount to List
$3,875
4.26%
Current Estimated Value
$277,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,102
Avg. Annual Appreciation
11.10%

Purchase Details

Closed on
Aug 2, 2013
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Inlet Shores, FL

  • Kimberly Bright Real Estate Agent - Illustrated Properties LLC (Co

    Kimberly Bright

    Illustrated Properties LLC (Co

    (561) 867-3202

    29 Total Sales

    2 in Inlet Shores

    $230K - $400K Price Range

    Kimberly Bright
     Section Image
  • John Nugent Real Estate Agent - Compass Florida LLC

    John Nugent

    Compass Florida LLC

    (561) 786-7076

    87 Total Sales

    2 in Inlet Shores

    $585,000 Price Range

    John Nugent
     Section Image
  • Debbie Hawks Real Estate Agent - The Keyes Company (PBG)

    Debbie Hawks

    The Keyes Company (PBG)

    (561) 220-1889

    32 Total Sales

    2 in Inlet Shores

    $772,500 Price Range

    Debbie Hawks
     Section Image
  • Liz Nunes Real Estate Agent - The Keyes Company (PBG)

    Liz Nunes

    The Keyes Company (PBG)

    (561) 513-5120

    20 Total Sales

    1 in Inlet Shores

    $12,000,000 Price

    Liz Nunes
     Section Image
  • Theresa Tecson Real Estate Agent - Illustrated Properties

    Theresa Tecson

    Responds Quickly

    Illustrated Properties

    (561) 677-8069

    73 Total Sales

    81 in Inlet Shores

    $340K - $1.1M Price Range

    Theresa Tecson
     Section Image
  • DeeDee Kemp Real Estate Agent - Coldwell Banker/ WPB

    DeeDee Kemp

    Responds Quickly

    Coldwell Banker/ WPB

    (561) 770-9872

    31 Total Sales

    2 in Inlet Shores

    $375,000 Price Range

    DeeDee Kemp
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$880,000 Suncoast Title Of Wellington
-- Atgf
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/10/2016 06/10/16 Sold $94,875 +4.3% $110 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
07/18/2015 07/18/15 For Sale $91,000 -- $105 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,001 $132,750
2024 $3,001 $120,682
2023 $2,790 $109,711 $0 $0
2022 $2,519 $100,810 $0 $0
2021 $2,226 $97,117 $46,500 $50,617
2020 $2,019 $83,314 $36,000 $47,314
2019 $1,975 $80,267 $32,100 $48,167
2018 $1,789 $73,985 $30,736 $43,249
2017 $1,661 $66,896 $26,727 $40,169
2016 $1,365 $49,534 $0 $0
2015 $1,260 $45,031 $0 $0
2014 $1,183 $40,937 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wayne Searson Real Estate Agent - Premier Brokers International

    Seller's Agent in 2016

    Wayne Searson

    Premier Brokers International

    (561) 635-2155

    3 Total Sales

    Wayne Searson
    Section Image

  • A

    Buyer's Agent in 2016

    Albert Smith

    Landstar Real Estate Inc

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10152737

BeachesMLS (Greater Fort Lauderdale)

APN: 56-43-42-28-13-000-0250

Florida Palm Beach County Riviera Beach 33404 Inlet Shores

220 E 27th St Unit E, Riviera Beach, FL

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 (Greater Fort Lauderdale) 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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