NOT LISTED FOR SALE

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

Inlet Shores Neighborhood

Estimated Value: $281,823 - $884,000

3 Beds
4 Baths
2,070 Sq Ft
$253/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $236,150 $114 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,314/month

297 Days on Market

Highlights

  • Water Views
  • Concrete Pool
  • Vinyl Flooring

About This Home

As of June 2016

Great Opportunity to own this Multifamily building with 6 units that that are renting at $750 per month and is zoned General Commercial. This property backs up to 2700 Broadway that is also for sale. Both properties in total are 0.450 Acres. MLS# for 2700 Broadway is 10135904. But both property are totally separate and don't need to be sold together. This Multifamily building is one of five listed with a total of 20 units and is a package of five and must be sold together with RX- 10152725, 10152726, 10152732, 10152737, All must be sold together.

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,623

Year Built

  • Built in 1955

Lot Details

  • 10,000

Home Design

  • Triplex
  • Concrete Roof

Interior Spaces

  • 2,070 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Water Views

Utilities

  • No Cooling
  • No Heating

Additional Features

  • Concrete Pool
  • 10,000 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $52,800
  • Assessor Parcel Number 56434228130000030

Community Details

Overview

  • 4 Units
  • Inlet Shores Subdivision

Building Details

  • Operating Expense $21,503
  • Net Operating Income $31,297

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,623

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: East of I-95 ON Blue Heron right on Broadway right on 27th street.
  • Year Built: 1955
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 2070.0

Exterior Features

  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: Concrete, None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 56434228130000030
  • Lot Size Sq Ft: 10000.0
  • Zoning Description: CG
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 31297.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 21503.0
  • Total Actual Rent: 52800.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3623.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2015
Closed on
Jun 8, 2016
Sold by
Mccloskey Joseph and Macdonald Kathleen Carissa
Bought by
Walton Blvd Llc
Seller's Agent
Wayne Searson
Premier Brokers International
Buyer's Agent
Albert Smith
Landstar Real Estate Inc
List Price
$270,000
Sold Price
$236,150
Premium/Discount to List
-$33,850
-12.54%
Current Estimated Value
$524,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,124
Avg. Annual Appreciation
8.13%

Purchase Details

Closed on
Jun 27, 2006
Sold by
Mccloskey Joseph J and Mccloskey Gail
Bought by
Mccloskey Joseph
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
Walton Blvd Llc $880,000 Suncoast Title Of Wellington
Mccloskey Joseph -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2016 06/10/16 Sold $236,150 -12.5% $114 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
07/18/2015 07/18/15 For Sale $270,000 -- $130 / 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 $5,025 $212,676 -- --
2023 $4,793 $195,975 $0 $0
2022 $4,404 $178,159 $0 $0
2021 $4,104 $161,963 $70,312 $91,651
2020 $3,995 $156,033 $70,312 $85,721
2019 $4,016 $154,664 $66,996 $87,668
2018 $3,690 $143,533 $65,046 $78,487
2017 $3,819 $147,517 $67,289 $80,228
2016 $3,584 $134,140 $0 $0
2015 $3,632 $132,677 $0 $0
2014 $3,623 $127,604 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wayne Searson

    Seller's Agent in 2016

    Wayne Searson

    Premier Brokers International

    (561) 635-2155

    8 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

MLS Number: R10152723

BeachesMLS

APN: 56-43-42-28-13-000-0030

Florida Palm Beach County Riviera Beach 33404 Inlet Shores

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

This home is located at 24 E 27th St Unit 1, Riviera Beach, FL 33404 since 18 July 2015 and is currently estimated at $524,274, approximately $253 per square foot. This property was built in 1955. 24 E 27th 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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