451 Silver Beach Rd Unit 1 Riviera Beach, FL 33403
Park Manor NeighborhoodEstimated payment $4,942/month
Highlights
- Cooling System Mounted To A Wall/Window
- Terrazzo Flooring
- Wall Furnace
- Patio
About This Home
**NEW ROOF's Aug 2025****New Water Heaters****This investment opportunity features two side-by-side duplexes in the rapidly growing Riviera Beach area. 2 Duplexes being sold together. Prefer written offer before bothering other tenants.461 silver beach Parcel # 56434228350410020MLS#: RX-11068125 &451 silver beach parcel # 56434228350410030MLS#: RX-11068096. A total of four income-producing units with existing tenants and significant upside potential through rental increases.** Two Adjacent Duplexes being sold together. (Four Units Total) ($225,000 per door) Each unit features two bedrooms and one bathroom with washer/Dryer Hookups -Each unit is separately metered electric.High Rental Demand area with strong appreciation potential. *(market rents $2,000 per unit)*Curr
Listing Agent
The Keyes Company Brokerage Phone: 561-577-0398 License #3342965 Listed on: 03/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,705
Year Built
- Built in 1964
Home Design
- Shingle Roof
- Composition Roof
Interior Spaces
- 3,360 Sq Ft Home
- 1-Story Property
- Terrazzo Flooring
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Additional Features
- Patio
- 8,050 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 56434228350410030
- Seller Considering Concessions
Community Details
Overview
- 4 Units
- Park Manor 6 Subdivision
Building Details
- Operating Expense $1,000
- Net Operating Income $76,400
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,705 | $292,374 | -- | -- |
| 2024 | $5,705 | $266,422 | -- | -- |
| 2023 | $5,629 | $261,336 | $98,640 | $162,696 |
| 2022 | $4,445 | $178,871 | $0 | $0 |
| 2021 | $3,734 | $162,610 | $42,840 | $119,770 |
| 2020 | $3,617 | $156,139 | $36,720 | $119,419 |
| 2019 | $3,182 | $146,826 | $32,130 | $114,696 |
| 2018 | $2,743 | $119,269 | $31,269 | $88,000 |
| 2017 | $2,531 | $106,576 | $25,217 | $81,359 |
| 2016 | $1,686 | $61,965 | $0 | $0 |
| 2015 | $1,541 | $56,332 | $0 | $0 |
| 2014 | $1,428 | $51,211 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/03/2025 11/03/25 | Rented | $1,700 | 0.0% | -- | |
| 10/17/2025 10/17/25 | Price Changed | $850,000 | 0.0% | $253 / Sq Ft | |
| 10/04/2025 10/04/25 | Off Market | $1,700 | -- | -- | |
| 09/29/2025 09/29/25 | Price Changed | $1,700 | 0.0% | $1 / Sq Ft | |
| 09/29/2025 09/29/25 | For Rent | $1,700 | 0.0% | -- | |
| 09/12/2025 09/12/25 | Price Changed | $875,000 | -1.7% | $260 / Sq Ft | |
| 07/31/2025 07/31/25 | Price Changed | $890,000 | 0.0% | $265 / Sq Ft | |
| 07/02/2025 07/02/25 | For Rent | $1,800 | 0.0% | -- | |
| 05/24/2025 05/24/25 | For Sale | $900,000 | 0.0% | $268 / Sq Ft | |
| 05/08/2025 05/08/25 | Pending | -- | -- | -- | |
| 03/04/2025 03/04/25 | For Sale | $900,000 | 0.0% | $268 / Sq Ft | |
| 04/26/2023 04/26/23 | Rented | $1,800 | 0.0% | -- | |
| 02/28/2023 02/28/23 | For Rent | $1,800 | 0.0% | -- | |
| 05/02/2016 05/02/16 | Sold | $120,000 | -16.0% | $62 / Sq Ft | View Prior Sale |
| 04/02/2016 04/02/16 | Pending | -- | -- | -- | |
| 12/21/2015 12/21/15 | For Sale | $142,900 | -- | $74 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $300,500 | New Title Company Name | |
| Warranty Deed | $157,500 | Attorney | |
| Warranty Deed | $120,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $240,400 | New Conventional | |
| Previous Owner | $164,000 | Balloon |
Source: BeachesMLS
MLS Number: R11068096
APN: 56-43-42-28-35-041-0030
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