$120,000
SOLD MAY 2, 2016

451 Silver Beach Rd Unit 1 Riviera Beach, FL 33403

Park Manor Neighborhood
-- Bed
-- Bath
1,938 Sq Ft
8,050 Sq Ft Lot

Recently Sold

$62 Per Sq Ft

16% Below List Price

102 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Terrazzo Flooring
  • Wall Furnace
  • Patio

About This Home

As of May 2016

Great money maker! Newly renovated duplex with newer flooring, kitchen, cabinets, vanities, toilets, roof, and updated electrical. Owner pays water however, separate water meters could be installed. Rents should be MUCH higher! Could possibly rent for over $1,000 per month per unit. Would prefer to sell with 461 Silver Beach Road next door. See MLS#RX-10193150. Please do not disturb the current tenants.

Last Agent to Sell the Property

Matt Thoren

Landmark Appraisal & Realty Group Inc License #640047 Listed on: 12/21/2015

Last Buyer's Agent

Avraham Dagan

Landrich Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,541

Year Built

  • Built in 1964

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,938 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

  • Total Actual Rent $24,000
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 56434228350410030

Community Details

Overview

  • 2 Units
  • Park Manor Subdivision

Building Details

  • Operating Expense $2,640
  • Net Operating Income $21,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,541

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: From US Highway One go west on Silver Beach Road to the property.
  • Year Built: 1964
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1938.0

Exterior Features

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

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: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 56434228350410030
  • Lot Size Sq Ft: 8050.0
  • Zoning Description: RD15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 21360.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 2640.0
  • Total Actual Rent: 24000.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1541.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2024
Sold by
Sciascia Anthony
Bought by
451 Silver Beach Rd Riviera Beach Fl 33403 Ll

Purchase Details

Closed on
Jan 23, 2019
Sold by
Yehaskel Albert and Solemani Mitra
Bought by
Kopensky Glenn and Gjk Palm Beach Properties Revo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.5%
Mortgage Type
Balloon

Purchase Details

Listed on
Dec 21, 2015
Closed on
May 2, 2016
Sold by
Holley John Mark and Holley Christi Marie
Bought by
Yehaskel Albert and Solemani Mitra
Seller's Agent
Matt Thoren
Landmark Appraisal & Realty Group Inc
Buyer's Agent
Avraham Dagan
Landrich Real Estate, Inc.
List Price
$142,900
Sold Price
$120,000
Premium/Discount to List
-$22,900
-16.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.70%

Purchase Details

Closed on
Sep 29, 2011
Sold by
Holley John A and Marcum Holley Nancy J
Bought by
Holley John Mark and Holley Christi Marie
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $157,500 Attorney
Warranty Deed $120,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $240,400 New Conventional
Previous Owner $1,063,200 Commercial
Previous Owner $164,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
04/02/2016 04/02/16 Pending -- -- --
12/21/2015 12/21/15 For Sale $142,900 -- $74 / 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 $5,705 $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
Source: Public Records

Agents Affiliated with this Home

  • Michael Johnston

    Seller's Agent in 2025

    Michael Johnston

    The Keyes Company

    (561) 577-0398

    4 in this area

    168 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2025

    Maby Cuevas

    The Keyes Company

    (786) 251-8462

    1 in this area

    55 Total Sales

    Section Image

  • M

    Seller's Agent in 2016

    Matt Thoren

    Landmark Appraisal & Realty Group Inc

    (561) 626-7325

    Section Image

  • A

    Buyer's Agent in 2016

    Avraham Dagan

    Landrich Real Estate, Inc.

  • D

    Buyer's Agent in 2016

    Doron Landrich

    Landrich Real Estate, Inc.

    9 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10193143

BeachesMLS

APN: 56-43-42-28-35-041-0030

Florida Palm Beach County Riviera Beach 33403 Park Manor

451 Silver Beach Rd Unit 1, Riviera Beach, FL

This home is located at 451 Silver Beach Rd Unit 1, Riviera Beach, FL 33403 and is currently priced at $120,000, approximately $61 per square foot. This property was built in 1964. 451 Silver Beach Rd 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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