$105,000
SOLD MAY 2, 2016

461 Silver Beach Rd Unit 1 Riviera Beach, FL 33403

Park Manor Neighborhood
-- Bed
-- Bath
1,680 Sq Ft
8,312 Sq Ft Lot

Recently Sold

$62 Per Sq Ft

27% 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 making duplex with easy cash flow! Current tenants have lived there over 10 years! Rents should be much higher. Owner would prefer to sell with the duplex next door (MLS#RX-10193143) to double your income! Please do not disturb the current tenants.

Last Agent to Sell the Property

Matt Thoren

Landmark Appraisal & Realty Group Inc License #640047

Last Buyer's Agent

Avraham Dagan

Landrich Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,511

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

  • Total Actual Rent $24,000
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 56434228350410020

Community Details

Overview

  • 2 Units
  • Park Manor 6 Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,511

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 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: 1680.0

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 #: 56434228350410020
  • Lot Size Sq Ft: 8312.0
  • 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: 1511.0

Map

Range of Values:

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

Property History

Date Event Price Change Sq Ft Price
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
04/02/2016 04/02/16 Pending -- -- --
12/21/2015 12/21/15 For Sale $142,900 -- $85 / Sq Ft
Source: BeachesMLS

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $244,000 New Conventional
Previous Owner $1,063,200 Commercial
Previous Owner $164,000 Balloon
Source: Public Records

Deed 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 --
Source: Public Records

Source: BeachesMLS

MLS Number: R10193150

BeachesMLS

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