NOT LISTED FOR SALE

361 Silver Beach Rd Riviera Beach, FL 33403

Estimated Value: $368,873 - $466,000

4 Beds
2 Baths
1,544 Sq Ft
$270/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $215,000 $139 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,574/month

3 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window
  • Wood Siding

About This Home

As of October 2019

Great Investment near the Intracoastal and less than a few minutes from Singer Island. Each unity is 2 Bedrooms and 1 Bathroom with 2 Parking Space drive ways per each unit. Can also be purchased along with the neighbouring Duplexes located at 341, 351 & 371 Silver Beach Rd and can also be purchased individually for owner/occupy. Each unit has 2 exterior parking spaces with Washer/ Dryer. Tenants Pay their own utilities. Upgraded Electric Boxes. Make a wise investment by adding these duplexes to your Rental Portfolio. Rents are currently below market value with plenty of room for upswing. Current Gross Revenue $22,140

Last Agent to Sell the Property

Matthew Lemon

Lemon Drop Realty License #3329612 Listed on: 08/07/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,891

Year Built

  • Built in 1971

Lot Details

  • 7,571 Sq Ft Lot

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 1,544 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 56434228350410120

Community Details

Overview

  • No Home Owners Association
  • Park Manor 6 Subdivision

Building Details

  • Gross Income $22,140
  • Net Operating Income $19,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,891

Year Built

Built in 1971

Lot Details

7,571 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Head East on Blue Heron, Left On avenue F then left on Silver Beach
  • Year Built: 1971
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1544.0

Exterior Features

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

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 56434228350410120
  • Lot Size Acres: 0.17
  • Lot Size: 73.0 ft x 0.0 ft
  • Lot Size Sq Ft: 7405.2
  • Mobile Dim Units: Feet
  • Zoning: RD-15(

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Multi Family

  • Property Net Operating Income: 19140.0
  • Annual Gross Income: 22140.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1891.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2024
Sold by
Wallo Robert Bonham and Wallo Luisa
Bought by
Wallo Irrevocable Trust and Wallo
Current Estimated Value
$416,968

Purchase Details

Listed on
Aug 7, 2019
Closed on
Oct 4, 2019
Sold by
Lane Willie H
Bought by
Wallo Robert Bonham and Wallo Luisa
Seller's Agent
Matthew Lemon
Lemon Drop Realty
List Price
$250,000
Sold Price
$215,000
Premium/Discount to List
-$35,000
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%
Original Mortgage
$172,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2016
Sold by
Lane Kevin M
Bought by
Lane Willie H

Purchase Details

Closed on
May 5, 2015
Sold by
Lane Willie H
Bought by
Lane Willie H and Dixon Georgie A

Purchase Details

Closed on
Oct 15, 1996
Sold by
Arvis M Pitts Tr
Bought by
Lane Willie H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wallo Irrevocable Trust -- None Listed On Document
Wallo Robert Bonham $215,000 Standard Title Ins Agcy Inc
Lane Willie H -- None Available
Lane Willie H -- None Available
Lane Willie H -- None Available
Lane Willie H -- None Available
Lane Willie H $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallo Robert Bonham $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2019 10/04/19 Sold $215,000 -14.0% $139 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $250,000 -- $162 / 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 $4,852 $281,597 -- --
2024 $4,852 $210,472 -- --
2023 $4,572 $191,338 $0 $0
2022 $4,194 $173,944 $0 $0
2021 $3,642 $158,970 $42,840 $116,130
2020 $3,345 $143,755 $36,720 $107,035
2019 $2,118 $111,096 $32,130 $78,966
2018 $1,891 $101,722 $31,269 $70,453
2017 $1,747 $90,367 $25,217 $65,150
2016 $1,552 $56,399 $0 $0
2015 $1,426 $51,272 $0 $0
2014 $1,321 $46,611 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Lemon

    Seller's Agent in 2019

    Matthew Lemon

    Lemon Drop Realty

    (561) 818-8314

    67 Total Sales

    Matthew Lemon
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10552250

BeachesMLS (Greater Fort Lauderdale)

APN: 56-43-42-28-35-041-0120

Florida Palm Beach County Riviera Beach 33403

361 Silver Beach Rd, Riviera Beach, FL

Not Listed for Sale

MultiFamily

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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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