NOT LISTED FOR SALE

723-725 Silver Beach Rd Riviera Beach, FL 33403

Estimated Value: $194,000 - $246,755

2 Beds
1 Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold June 09, 2022

Last sale price $290,000

Est. 26% decrease in value since last sale

Current estimated payment $1,474/month

24 Days on Market

Highlights

  • Terrazzo Flooring
  • Central Heating and Cooling System
  • 3-minute walk to Lake park Developmental Center

About This Home

As of June 2022

THIS IS A GREAT INVESTMENT PROPERTY. BOTH UNITS HAVE CENTRAL AIR AND HEAT AND ONLY 10 MINUTES TO THE BEACH. PROPERTY HAS NEWER WINDOWS REPLACED SEVERAL YEARS AGO. TENENTS PAY ALL UTILITIES AND ARE ON SEPARATE METERS. RENTS ARE 850.00 EACH

Last Agent to Sell the Property

Gregory Smith

Barrington Home Realty License #119251 Listed on: 04/15/2022

Last Buyer's Agent

Paige Kovari

Dalton Wade Inc License #3411538

Dalton Wade Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,694

Year Built

  • Built in 1958

Lot Details

  • 5,227

Parking

  • 2 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Single Hung Metal Windows

Flooring

  • Terrazzo
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Kelsey City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 36434220010520381

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,694

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: SILVER BEACH ROAD JUST EAST OF DIXIE HWY ON NORTH SIDE.
  • Year Built: 1958
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Ceramic Tile, Terrazzo
  • Window Features: Metal, Single Hung

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 36434220010520381
  • Zoning Description: R2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2694.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jun 8, 2022
Sold by
Maurice Spence
Bought by
Hollywood Palms Of The Palm Beaches Llc
Seller's Agent
Gregory Smith
Barrington Home Realty
Buyer's Agent
Paige Kovari
Dalton Wade Inc
List Price
$315,000
Sold Price
$290,000
Premium/Discount to List
-$25,000
-7.94%
Current Estimated Value
$215,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$74,311
Avg. Annual Appreciation
-6.75%

Purchase Details

Closed on
Nov 20, 2020
Sold by
725 Sbr Llc
Bought by
Spence Maurice F

Purchase Details

Closed on
Dec 20, 2019
Sold by
Spence Maurice
Bought by
725 Sbr Llc

Purchase Details

Closed on
Aug 29, 2005
Sold by
Thomas Tony C and Thomas Yolande D
Bought by
Thomas Tony C and Thomas Yolande D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 5, 2000
Sold by
Faucette Ila W
Bought by
Graves Alexander L and Graves Annie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,800
Interest Rate
8.63%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Hollywood Palms Of The Palm Beaches Llc $290,000 Consumers First Title
Spence Maurice F -- None Available
725 Sbr Llc -- Butler Title
Thomas Tony C $82,400 Fidelity Natl Title Ins Co
Graves Alexander L $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Tony C $180,000
Previous Owner Graves Alexander L $94,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2022 06/09/22 Sold $290,000 -7.9% --
05/10/2022 05/10/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $315,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $3,593 $130,000 -- --
2023 $3,528 $130,000 $0 $130,000
2022 $2,789 $105,000 $0 $0
2021 $2,694 $100,000 $0 $100,000
2020 $2,591 $94,919 $26,393 $68,526
2019 $2,445 $96,100 $26,393 $69,707
2018 $2,124 $76,938 $19,331 $57,607
2017 $2,066 $73,989 $16,382 $57,607
2016 $1,980 $63,655 $0 $0
2015 $1,830 $57,868 $0 $0
2014 $1,885 $59,172 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gregory Smith

    Barrington Home Realty

    1 in this area

    30 Total Sales

    Gregory Smith
    Section Image
  • Paige Kovari

    Buyer's Agent in 2022

    Paige Kovari

    Dalton Wade Inc

    (561) 323-5748

    1 in this area

    73 Total Sales

    Paige Kovari
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10326616

BeachesMLS (Greater Fort Lauderdale)

APN: 36-43-42-20-01-052-0381

Florida Palm Beach County Riviera Beach 33403

723-725 Silver Beach Rd, Riviera Beach, FL

This home is located at 723-725 Silver Beach Rd, Riviera Beach, FL 33403 since 15 April 2022 and is currently estimated at $215,689. This property was built in 1958. 723-725 Silver Beach Rd is a home located in Palm Beach County with nearby schools including Lake Park Elementary School, Howell L. Watkins 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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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