NOT LISTED FOR SALE

957 W 7th St Riviera Beach, FL 33404

Estimated Value: $433,000 - $562,000

5 Beds
3 Baths
2,128 Sq Ft
$233/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $465,000 $219 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,266/month

53 Days on Market

Highlights

  • Fruit Trees
  • Room in yard for a pool
  • Central Heating and Cooling System
  • William T. Dwyer High School Rated A-
  • Ceramic Tile Flooring
  • Fenced

About This Home

As of December 2023

Introducing a fantastic income-generating triplex nestled near the Port of Palm Beach, a prime location just minutes away from the beach, Palm Beach International Airport, and I95. The property is meticulously maintained and sits on an oversized fenced-in lot. An attractive feature of this triplex is an on-site storage unit and a convenient laundry area providing added convenience to tenants. The picturesque backyard features delightful fruit trees, creating a serene oasis for relaxation and enjoyment. Don't miss out on this perfect opportunity to own a promising investment property in a highly sought-after location. Whether you're an investor seeking a lucrative venture or a homeowner looking to capitalize on rental income, this triplex has it all! Act fast to secure this valuable asset

Last Agent to Sell the Property

Nicole Evans

Keller Williams Realty Brevard License #3435150 Listed on: 07/28/2023

Keller Williams Realty Brevard

Last Buyer's Agent

Sara Maple

Kozlowski Executive Prop Inc License #3289916

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,934

Year Built

  • Built in 1961

Lot Details

  • 9,881 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Fruit Trees

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,128 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Additional Features

  • Room in yard for a pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 56434232010430130

Community Details

Overview

  • 3 Units
  • Inlet City Subdivision

Building Details

  • Operating Expense $8,055
  • Net Operating Income $24,345

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,934

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: From I95 take 45th St east to Australian Ave turn right; then turn left on 7th St; property on the right.
  • Year Built: 1961
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2128.0

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Room For Pool
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 56434232010430130
  • Lot Size: 99.0 ft x 100.0 ft
  • Lot Size Sq Ft: 9881.0
  • Zoning Description: RM-15(
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 24345.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 8055.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2934.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Nov 30, 2023
Sold by
Alston Betty V and Richardson Lola Alston
Bought by
Alston Betty V
Seller's Agent
Nicole Evans
Keller Williams Realty Brevard
Buyer's Agent
Sara Maple
Kozlowski Executive Prop Inc
List Price
$450,000
Sold Price
$465,000
Premium/Discount to List
$15,000
3.33%
Views
17
Current Estimated Value
$496,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,071
Avg. Annual Appreciation
3.52%

Purchase Details

Closed on
Oct 29, 2015
Sold by
Alston Betty V
Bought by
Alston Betty and Richardson Lola Alston

Purchase Details

Closed on
May 11, 2015
Sold by
Bower Bruce
Bought by
Zavaleta Carlos E

Purchase Details

Closed on
Sep 3, 2008
Sold by
Alston Betty V
Bought by
Alston Betty and Alston Wayne
Source: Public Records

Range of Values:

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Average Value
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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
Alston Betty V $465,000 Elite Title
Alston Betty V $465,000 Elite Title
Alston Betty -- None Available
Zavaleta Carlos E $70,000 Independence Title Inc
Alston Betty -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2023 12/11/23 Sold $465,000 +3.3% $219 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $450,000 -- $211 / Sq Ft
Source: BeachesMLS

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 $7,962 $375,947 -- --
2023 $3,176 $115,995 $0 $0
2022 $2,934 $105,450 $0 $0
2021 $2,520 $130,845 $14,000 $116,845
2020 $2,319 $118,011 $14,000 $104,011
2019 $2,221 $116,872 $11,000 $105,872
2018 $1,911 $96,034 $9,655 $86,379
2017 $1,745 $82,422 $6,896 $75,526
2016 $1,526 $59,524 $0 $0
2015 $1,155 $38,587 $0 $0
2014 $1,069 $35,079 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10907757

BeachesMLS

APN: 56-43-42-32-01-043-0130