NOT LISTED FOR SALE

451/461 Silver Beach Rd Riviera Beach, FL 33403

Park Manor Neighborhood
-- Bed
4 Baths
3,360 Sq Ft
0.37 Acres Lot

Sale Details

Date Sold: January 14, 2022

Last sale price $610,000 $182 Per Sq Ft

3 Days on Market

Highlights

  • Boat Ramp
  • Outdoor Living Area
  • Sport Court
  • 0.37 Acre Lot
  • No HOA
  • Covered Patio or Porch

About This Home

As of January 2022

Two duplexes on Silver Beach Road available for sale as a package. Two separate parcels with a surface parking lot shared by the two properties provides ample parking. Concrete block (CBS) construction. Separately metered for electric. Tenants pay electric. One water meter per duplex. Water/sewer service is City provided and paid by landlord. Market rents are $1,400-$1,500 per month, providing significant upside to new ownership. Located a few blocks from Bert Bostrom Park and a half mile to U.S. 1, offering easy access to employment centers including the Port of Palm Beach and St. Mary's Medical Center.

Last Agent to Sell the Property

Jesse Bailey

49 Units, LLC License #3227469 Listed on: 12/08/2021

Last Buyer's Agent

Michael Johnston

The Keyes Company License #3342965

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,734

Year Built

  • Built in 1964

Lot Details

  • 16,000 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4 Bathrooms
  • 3,360 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Living Area

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Three-Phase Power

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 564342283504100200030

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Park Manor Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Sport Court
  • Community Playground
  • Park

Building Details

  • Gross Income $45,900
  • Net Operating Income $30,192

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,734

Year Built

Built in 1964

Lot Details

0.37 Acres

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: East on Silver Beach Rd, property on south side
  • Year Built: 1964
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 3360.0

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Street Lights
  • Senior Community: No
  • Amenities: Boating, Playground, Park, Sports Fields, Sidewalks
  • Association: No

Lot Info

  • Parcel #: 564342283504100200030
  • Lot Size Acres: 0.37
  • Mobile Dim Units: Feet
  • Zoning: RD-15(

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Property Net Operating Income: 30192.0
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 45900.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3734.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
01/14/2022 01/14/22 Sold $610,000 +5.9% $182 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/07/2021 12/07/21 For Sale $576,000 -- $171 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Agents Affiliated with this Home

  • Jesse Bailey

    Seller's Agent in 2022

    Jesse Bailey

    49 Units, LLC

    (561) 318-3337

    11 in this area

    31 Total Sales

    Jesse Bailey
    Section Image
  • Michael Johnston

    Buyer's Agent in 2022

    Michael Johnston

    The Keyes Company

    (561) 577-0398

    6 in this area

    134 Total Sales

    Michael Johnston
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10763381

BeachesMLS (Greater Fort Lauderdale)
Florida Palm Beach County Riviera Beach 33403 Park Manor

451/461 Silver Beach Rd, 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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