$415,000
SOLD FEB 23, 2026

461 Silver Beach Rd Unit 1 Riviera Beach, FL 33403

Park Manor Neighborhood
-- Bed
2 Baths
1,680 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$247 Per Sq Ft

8% Below List Price

204 Days on Market

Highlights

  • Boat Ramp
  • Cooling System Mounted To A Wall/Window
  • Terrazzo Flooring
  • No HOA
  • Patio
  • Wall Furnace

About This Home

As of February 2026

****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. Located just minutes from the Riviera Beach Marina redevelopment, Singer Island, Palm Beach Gardens, and Downtown West Palm Beach. This area is seeing rapid infrastructure expansion and commercial growth. Ideal for investors seeking dependable cash flow, long-term appreciation, or a 1031 exchange opportunity. The duplex next door at 451 Silver Beach Rd is also available for sale at the same price. MLS RX-11068096. Purchase one or both. Please do not disturb tenants. Drive-by only prior to scheduled showings.

Last Agent to Sell the Property

Michael Johnston

The Keyes Company Brokerage Phone: 561-577-0398 License #3342965 Listed on: 07/31/2025

The Keyes Company

Co-Listed By

Maby Cuevas

The Keyes Company Brokerage Phone: 561-577-0398 License #3367837

Last Buyer's Agent

Innocent Ville

Citadelle R E Investments License #3149883

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,225

Year Built

  • Built in 1964

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2 Bathrooms
  • 1,680 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Schools

  • Lincoln Elementary School
  • John F. Kennedy Middle School
  • Palm Beach Gardens High School

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

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Park Manor 6 Subdivision

Recreation

  • Boat Ramp
  • Boating

Building Details

  • Gross Income $45,000
  • Net Operating Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,225

Year Built

Built in 1964

Lot Details

8,312 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Silver Beach Road east to property. Property is on the south side of the street.
  • 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: 1680.0

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

Schools

  • Elementary School: Lincoln
  • High School: Palm Beach Gardens
  • Middle Or Junior School: John F. Kennedy (Palm Beach)

Lot Info

  • Parcel #: 56434228350410020
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.4
  • Mobile Dim Units: Feet
  • Zoning: RD-15(

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Property Net Operating Income: 40000.0
  • Number Of Units In Community: 2
  • Annual Gross Income: 45000.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6225.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2025
Closed on
Feb 18, 2026
Sold by
461 Silver Beach Rd 1 Riviera Beach Fl 3
Bought by
Marcellus Nadege
Seller's Agent
Michael Johnston
The Keyes Company
Buyer's Agent
Innocent Ville
Citadelle R E Investments
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.81%
Original Mortgage
$348,500
Outstanding Balance
$348,500
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
$79,677

Purchase Details

Closed on
Dec 2, 2024
Sold by
Sciascia Anthony
Bought by
461 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
Apr 1, 2016
Closed on
May 2, 2016
Sold by
Holley John Mark and Holley Christin Marie
Bought by
Yehaskel Albert and Solemani Mitra
Seller's Agent
Matt Thoren
Landmark Appraisal & Realty Group Inc
Buyer's Agent
Doron Landrich
Landrich Real Estate, Inc.
List Price
$142,900
Sold Price
$105,000
Premium/Discount to List
-$37,900
-26.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.26%

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

Purchase Details

Closed on
Jun 29, 2000
Sold by
Merges Peggy J and Merges Jerry
Bought by
Holley John A and Marcum Holley Nancy J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Warranty Deed $410,000 None Listed On Document
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 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $348,500 New Conventional
Previous Owner $164,000 Balloon
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2026 02/28/26 Off Market $415,000 -- --
02/23/2026 02/23/26 Sold $415,000 -2.4% $247 / Sq Ft
02/20/2026 02/20/26 Pending -- -- --
10/17/2025 10/17/25 Price Changed $425,000 -5.6% $253 / 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 0.0% --
06/23/2025 06/23/25 Under Contract -- -- --
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
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 $6,225 $315,118 -- --
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
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11111891

BeachesMLS (Greater Fort Lauderdale)

APN: 56-43-42-28-35-041-0020

Your Personal Tour Guide

Ask me questions while you tour the home.