NOT LISTED FOR SALE

2949 J 1 Ave Unit 1 Riviera Beach, FL 33404

Park Manor Neighborhood

Estimated Value: $213,000 - $769,000

11 Beds
5 Baths
3,500 Sq Ft
$171/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $780,000 $223 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $3,991/month

118 Days on Market

Highlights

  • 27,590 Sq Ft lot
  • Open Patio
  • Ceramic Tile Flooring
  • Porch
  • Shed
  • Central Heating and Cooling System

About This Home

As of May 2021

THIS PART OF A PACKAGE 2925 AVE J 3/2 SING FAM, 2949 AVE J (2) DUPLEX 2/1, 2 STORY WITH 2/1 AND 2 RENTAL GARAGES, RENTAL STORAGE, BUILDING, 3001 AVE J 4/2 HOUSE, REAR RENTAL STORAGE BUILDING. RENTS HAVE UPSIDE TO INCREASE, CURRENT RENT ARE $900 FOR 2/1, 3/2 SING FAM $1400 and 4/2 SINGLE FAM $1,400. ALL MONTH TO MONTH LEASE CAN RAISE RENTS WITH 15 DAY NOTICE. RAISE 2/1 TO $1,200, 3/2 $1,750, 4/2 to $2,000 RENT EACH GARAGE $300, STORAGE SHED $200 AND HOUSE STORAGE $150 TOTAL $10,700 GROSS RENTS. ROOM TO BUILD UP TO 15 UNITS AN ACRE, CONVERT GARAGE TO 2 BDR UNIT WITH EASE. WELL MANAGE LONG TERM TENANTS VERY CLEAN AND EASY SHOW. HIGH CAP RATE EASY MANAGE AND GREAT INCOME PROPERTY. LONG TERM OWNER. TENANTS ARE LONG TERM UPWARD TO 20 YEARS.

Last Agent to Sell the Property

Valery Ouellette

Ouellette Realty Group Inc License #3352465 Listed on: 12/06/2020

Last Buyer's Agent

Valery Ouellette

Ouellette Realty Group Inc License #3352465 Listed on: 12/06/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,680

Year Built

  • Built in 1958

Lot Details

  • 0.63 Acre Lot

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Outdoor Features

  • Open Patio
  • Shed
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 56434229240000112

Community Details

Overview

  • 4 Units
  • Silver Beach Acres 2 Subdivision

Building Details

  • Operating Expense $11,000
  • Net Operating Income $76,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,680

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: SILVER BEACH AND OLD DIXIE HWY, TAKE SILVER BEACH EAST TO AVE J RIGHT TO PROPERTY ON RIGHT SIDE.
  • Year Built: 1958
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3500.0

Exterior Features

  • Exterior Features: Porch, Patio, Shed
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 56434229240000112
  • Lot Size Sq Ft: 27590.0
  • Zoning Description: RM-15(
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 76000.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 11000.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4680.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2024
Sold by
Ave Jrb Llc
Bought by
E6 Holdings Llc
Current Estimated Value
$597,816

Purchase Details

Closed on
Jan 21, 1999
Sold by
Jpl Properties Inc
Bought by
Little John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
6.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
E6 Holdings Llc $1,170,000 None Listed On Document
Little John P $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Little John P $26,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2021 05/04/21 Sold $780,000 -10.8% $223 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
12/06/2020 12/06/20 For Sale $874,900 -- $250 / 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 $9,713 $427,352 -- --
2023 $8,954 $388,502 $0 $0
2022 $8,071 $353,184 $0 $0
2021 $5,052 $270,591 $32,640 $237,951
2020 $4,680 $246,337 $26,520 $219,817
2019 $4,388 $226,779 $22,440 $204,339
2018 $3,851 $194,689 $21,763 $172,926
2017 $3,531 $166,708 $16,741 $149,967
2016 $3,089 $108,969 $0 $0
2015 $2,912 $99,063 $0 $0
2014 $2,882 $90,057 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Valery Ouellette

    Seller's Agent in 2021

    Valery Ouellette

    Ouellette Realty Group Inc

    (561) 707-4535

    3 in this area

    64 Total Sales

    Valery Ouellette
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Map

Source: BeachesMLS

MLS Number: R10676325

BeachesMLS

APN: 56-43-42-29-24-000-0112

Florida Palm Beach County Riviera Beach 33404 Park Manor

2949 J 1 Ave Unit 1, Riviera Beach, FL

This home is located at 2949 J 1 Ave Unit 1, Riviera Beach, FL 33404 since 06 December 2020 and is currently estimated at $597,816, approximately $170 per square foot. This property was built in 1958. 2949 J 1 Ave 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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