NOT LISTED FOR SALE

87 Silver Beach Rd Unit A & B Riviera Beach, FL 33403

Park Manor Neighborhood

Estimated Value: $274,000 - $381,000

4 Beds
3 Baths
1,546 Sq Ft
$209/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $260,000 $168 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,015/month

9 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of March 2024

Opportunity Knocks! Location..Location..Location...
1546 sqft living total Gross rent potential is $3,500. Similar duplexes with this amount of potential rent are selling for over $400,000!'' 2 HVAC's from 2015.
Roof from 2014
Unit A is occupied
Unit B is unoccupied.

Last Agent to Sell the Property

Laura Auten

Elevate Realty LLC License #3499523 Listed on: 02/12/2024

Last Buyer's Agent

Jennifer Ramer

Block Realty License #598169

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,509

Year Built

  • Built in 1946

Lot Details

  • 7,501

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 3 Bathrooms
  • 1,546 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Additional Features

  • 7,501 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 56434228270050010

Community Details

Overview

  • No Home Owners Association
  • Plumosa Park Riv Bch Subdivision

Building Details

  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,509

Year Built

Built in 1946

Lot Details

7,501 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Turn right onto FL-811 / FL-A1A Alt / Highway A1A Alternate, Turn right onto Northlake Blvd / County Hwy-809, Turn left onto Old Dixie Hwy, Turn right onto FL-A1A Alt / FL-811 / Old Dixie Hwy
  • Year Built: 1946
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 1546.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Stone Veneer, Stucco
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 56434228270050010
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.2
  • Mobile Dim Units: Feet
  • Zoning: MULIT RES

Rental Info

  • Tenant Pays: Electricity, Sewer, Water

Multi Family

  • Property Net Operating Income: 1.0
  • Annual Gross Income: 1.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3508.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Mar 6, 2024
Sold by
Brightlite Rebuild Pbc 8 Land Trust and Re-Build Properties Llc
Bought by
M Powell Enterprises Inc
Seller's Agent
Laura Auten
Elevate Realty LLC
Buyer's Agent
Jennifer Ramer
Block Realty
List Price
$249,980
Sold Price
$260,000
Premium/Discount to List
$10,020
4.01%
Views
38
Current Estimated Value
$323,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,744
Avg. Annual Appreciation
11.97%
Original Mortgage
$260,000
Outstanding Balance
$170,547
Interest Rate
6.77%
Mortgage Type
Balloon
Estimated Equity
$153,197

Purchase Details

Closed on
Nov 14, 2023
Sold by
Anworth Properties Llc
Bought by
Brightlite Rebuild Pbc 8 Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,526,042
Interest Rate
7.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 2, 2014
Sold by
Riverpine Trust Llc
Bought by
Anworth Properties Inc

Purchase Details

Closed on
Aug 19, 2013
Sold by
The 87 Silver Land Trust and Hankin Stu
Bought by
Riverpine Trust Llc

Purchase Details

Closed on
Apr 23, 2013
Sold by
Laurent Bernade
Bought by
The 87 Silver Land Trust

Purchase Details

Closed on
Aug 16, 2001
Sold by
Nation Trust Llc
Bought by
Laurent Bernade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.98%

Purchase Details

Closed on
Mar 27, 2001
Sold by
Richard Co Katinger I
Bought by
Nation Trust

Purchase Details

Closed on
Aug 25, 1999
Sold by
North Atlantic Hldg Corp
Bought by
Katinger Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
7.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 1998
Sold by
Federal National Mortgage Assn
Bought by
North Atlantic Holding Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,500
Interest Rate
6.91%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 4, 1997
Sold by
Clerk Of The Court
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 28, 1995
Sold by
Prop Improvement Group Inc
Bought by
Gale Jacqueline B and Lillard Mamie Lue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,550
Interest Rate
8.35%

Purchase Details

Closed on
Sep 7, 1994
Sold by
Citibank Fed Sav Bk
Bought by
Prop Impr Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
8.56%

Purchase Details

Closed on
Nov 9, 1993
Sold by
Clerk Circuit Court
Bought by
Citibank F S B

Purchase Details

Closed on
Oct 28, 1993
Sold by
Clerk Circuit Court
Bought by
Citibank F S B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
M Powell Enterprises Inc $260,000 Florida Fidelity Title & Escro
M Powell Enterprises Inc $260,000 Florida Fidelity Title & Escro
Brightlite Rebuild Pbc 8 Land Trust $2,467,437 --
Anworth Properties Inc $115,000 None Available
Riverpine Trust Llc -- None Available
The 87 Silver Land Trust $41,300 None Available
Laurent Bernade $80,000 Sunbelt Title Agency
Nation Trust $65,200 --
Katinger Richard $85,000 --
North Atlantic Holding Corp $49,000 --
Federal National Mortgage Association $31,000 --
Gale Jacqueline B $69,000 --
Prop Impr Group Inc $47,000 --
Citibank F S B -- --
Citibank F S B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M Powell Enterprises Inc $260,000
Closed M Powell Enterprises Inc $260,000
Previous Owner Brightlite Rebuild Pbc 8 Land Trust $1,526,042
Previous Owner Laurent Bernade $76,000
Previous Owner Federal National Mortgage Association $76,500
Previous Owner Federal National Mortgage Association $53,500
Previous Owner Gale Jacqueline B $65,550
Previous Owner Prop Impr Group Inc $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2024 03/07/24 Sold $260,000 +4.0% $168 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $249,980 -- $162 / 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 $4,170 $208,828 -- --
2024 $4,170 $191,948 -- --
2023 $3,509 $150,995 $0 $0
2022 $3,252 $137,268 $0 $0
2021 $2,910 $124,789 $28,600 $96,189
2020 $2,920 $124,373 $27,280 $97,093
2019 $3,355 $180,896 $25,080 $155,816
2018 $2,734 $127,748 $22,504 $105,244
2017 $2,555 $118,914 $18,003 $100,911
2016 $2,283 $93,339 $0 $0
2015 $2,194 $87,015 $0 $0
2014 $1,312 $46,942 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laura Auten

    Seller's Agent in 2024

    Laura Auten

    Elevate Realty LLC

    (561) 427-3923

    3 in this area

    387 Total Sales

    Laura Auten
    Section Image
  • Jennifer Ramer

    Buyer's Agent in 2024

    Jennifer Ramer

    Block Realty

    (561) 502-3000

    1 in this area

    68 Total Sales

    Jennifer Ramer
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10959113

BeachesMLS (Greater Fort Lauderdale)

APN: 56-43-42-28-27-005-0010

Florida Palm Beach County Riviera Beach 33403 Park Manor

87 Silver Beach Rd Unit A & B, Riviera Beach, FL

Not Listed for Sale

MultiFamily

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