461 Silver Beach Rd Unit 1 Riviera Beach, FL 33403
Park Manor NeighborhoodEstimated payment $4,951/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.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)*Current Lease Details below:
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 Parcel # 56434228350410020
- 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 |
|---|---|---|---|---|
| 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: R11068125
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.
- 429 Silver Beach Rd
- 451 Silver Beach Rd Unit 1
- 512 Bayberry Dr
- 307 4th St
- 305 Cypress Dr Unit 1,2,3,4,5
- 436 Evergreen Dr
- 531 Date Palm Dr
- 247 Silver Beach Rd
- 441 34th St
- 457 Evergreen Dr
- 371 W 34th St
- 646 Bayberry Dr
- 652 Bayberry Dr
- 421 W 33rd St
- 118 2nd St
- 131 W 35th St
- 83 W 37th St
- Tbd W 37th St
- 250 Foresteria Dr
- 490 W 31st St
- 330 Cypress Dr Unit C
- 510 Evergreen Dr Unit C
- 3401 F Ave
- 957 Lewis Dr
- 65 W 34th St Unit A
- 65 W 34th St Unit B
- 754 Date Palm Dr Unit B-1
- 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
- 221 W 27th St
- 301 Lake Shore Dr Unit 411
- 301 Lake Shore Dr Unit 802