461 Silver Beach Rd Unit 1 Riviera Beach, FL 33403
Park Manor NeighborhoodEstimated payment $2,744/month
Highlights
- Cooling System Mounted To A Wall/Window
- Terrazzo Flooring
- Wall Furnace
- Patio
About This Home
****Brand New Roofs (August 2025)*** New Water Heaters Installed** -- major capital improvements have already been taken care of, offering peace of mind for investors.Welcome to 461 Silver Beach Road, a well-maintained duplex located in a high-demand rental area of Riviera Beach. Each unit is currently leased at \$1,800/month with long-term tenants in place. Market rents are estimated at \$2,000/month, providing strong upside potential.Each unit is separately metered for electricity, with tenants paying their own utilities, keeping operating costs low. This property features solid, long-term leases, new water heaters, and a strong rental history.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,225
Year Built
- Built in 1964
Home Design
- Duplex
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,680 Sq Ft Home
- 1-Story Property
- Terrazzo Flooring
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Additional Features
- Patio
- 8,312 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 56434228350410020
- Seller Considering Concessions
Community Details
Overview
- 2 Units
- Park Manor 6 Subdivision
Building Details
- Operating Expense $5,000
- Net Operating Income $40,000
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 |
|---|---|---|---|---|
| 2024 | $6,225 | $291,668 | -- | -- |
| 2023 | $5,983 | $274,666 | $0 | $0 |
| 2022 | $5,482 | $249,696 | $0 | $0 |
| 2021 | $3,734 | $162,610 | $42,840 | $119,770 |
| 2020 | $3,617 | $156,139 | $36,720 | $119,419 |
| 2019 | $2,900 | $131,646 | $32,130 | $99,516 |
| 2018 | $2,509 | $107,751 | $32,162 | $75,589 |
| 2017 | $2,321 | $97,007 | $25,937 | $71,070 |
| 2016 | $1,652 | $60,555 | $0 | $0 |
| 2015 | $1,511 | $55,050 | $0 | $0 |
| 2014 | $1,404 | $50,045 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/17/2025 10/17/25 | Price Changed | $425,000 | -50.0% | $253 / Sq Ft | |
| 10/17/2025 10/17/25 | Price Changed | $850,000 | -2.9% | $253 / Sq Ft | |
| 09/11/2025 09/11/25 | Price Changed | $875,000 | -1.7% | $260 / Sq Ft | |
| 07/31/2025 07/31/25 | Price Changed | $890,000 | +97.8% | $265 / Sq Ft | |
| 07/31/2025 07/31/25 | For Sale | $450,000 | 0.0% | $268 / Sq Ft | |
| 07/01/2025 07/01/25 | Rented | $1,800 | -99.8% | -- | |
| 06/23/2025 06/23/25 | Under Contract | -- | -- | -- | |
| 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 | |
| 02/18/2025 02/18/25 | For Rent | $1,800 | +5.9% | -- | |
| 01/13/2024 01/13/24 | Rented | $1,700 | -5.6% | -- | |
| 01/12/2024 01/12/24 | Under Contract | -- | -- | -- | |
| 09/14/2023 09/14/23 | For Rent | $1,800 | 0.0% | -- | |
| 05/02/2016 05/02/16 | Sold | $105,000 | -26.5% | $63 / Sq Ft | View Prior Sale |
| 04/02/2016 04/02/16 | Pending | -- | -- | -- | |
| 12/21/2015 12/21/15 | For Sale | $142,900 | -- | $85 / 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 | $157,500 | Attorney | |
| Warranty Deed | $105,000 | Attorney | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $104,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $164,000 | Balloon |
Source: BeachesMLS
MLS Number: R11111891
APN: 56-43-42-28-35-041-0020
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.
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.
- 451 Silver Beach Rd Unit 1
- 512 Bayberry Dr
- 307 4th St
- 305 Cypress Dr Unit 1,2,3,4,5
- 371 W 34th St
- 652 Bayberry Dr
- 247 Silver Beach Rd
- 421 W 33rd St
- Tbd W 37th St
- 131 W 35th St
- 118 2nd St
- 623 Evergreen Dr
- 112 W 34th St
- 83 W 37th St
- 3083 Avenue H E
- 640 Foresteria Dr
- 625 Foresteria Dr
- 121 Bayberry Dr
- 215 Evergreen Dr
- 651 Foresteria Dr
- 330 Cypress Dr
- 330 Cypress Dr Unit C
- 330 Cypress Dr Unit B
- 321 6th St
- 3401 F Ave
- 957 Lewis Dr
- 754 Date Palm Dr Unit B-1
- 200 Park Ave Unit 23
- 200 Park Ave Unit 16
- 220 Lake Shore Dr Unit 813
- 9 15 Pine Ridge Dr
- 7 15 Pine Ridge Dr
- 4 15 Pine Ridge Dr
- 818 Foresteria Dr
- 2830 Avenue S Unit B3
- 1108 W 33rd St
- 414 Lake Shore Dr Unit ID1326851P
- 414 Lake Shore Dr Unit ID1326850P
- 815 2nd Ct
- 520 Blue Heron Blvd W Unit 1