NOT LISTED FOR SALE

Riviera Beach, FL 33404

Estimated Value: $617,000 - $1,867,000

5 Beds
4 Baths
2,317 Sq Ft
$541/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $650,000 $281 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $8,747/month

263 Days on Market

Highlights

  • Boat Ramp
  • Garden View
  • Circular Driveway
  • William T. Dwyer High School Rated A-
  • Tennis Courts
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2020

Location, location, location! This Palm Beach Shores multi-family home couldn't be more convenient located to the beach. Just walk across the street and enjoy the beautiful white Palm Beach Shores beaches, brunch at Sailfish Marina or dinner at Mulligans - all just a quick walk away. The house consists of four separate units: Main house is a 2/1 appr.1270 SqFt with large open concept living space. Studio #1. (11.5-19.8) 300 SqFt Income 920 monthly
Studio #3. (12x 24.8) 432 SqFt Income 900 monthly
Studio #4. (12x15.5) 233 SqFt Income 1,000 monthly
Great investment opportunity in a highly sought-after community.
'' Unit 2 is occupied by the owner so it does not reflect any income''

Last Agent to Sell the Property

Meike Macgregor

Compass Florida LLC License #3026406 Listed on: 02/13/2020

Compass Florida LLC

Co-Listed By

Maximilian Olivier

Compass Florida LLC License #3359341

Last Buyer's Agent

Rhys Hollyman

Logan Realty Inc License #3034120

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,344

Year Built

  • Built in 1956

Lot Details

  • 8,500 Sq Ft Lot
  • South Facing Home
  • Paved or Partially Paved Lot

Home Design

  • Shingle Roof
  • Composition Roof
  • Fiberglass Roof

Interior Spaces

  • 2,317 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Terrazzo Flooring
  • Garden Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • Circular Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 54434227040002560

Community Details

Overview

  • Palm Beach Shores Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,344

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Pga Blvd to Singer Island south on Ocean Ave to Lake Drive make a left on Lake and then another left onto Cascade Lane.
  • Year Built: 1956
  • Architectural Style: Traditional
  • Unit Levels: One
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Living/Dining Room, Tub Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Entry Location: Entry Level Living Area Y
  • Flooring: Terrazzo
  • Living Area: 2317.0
  • Stories: 1

Exterior Features

  • View: Garden
  • Fencing: Fenced
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Property Condition: Resale
  • Roof: Composition, Fiberglass, Shingle

Garage/Parking

  • Open Parking Spaces: 4.0
  • Garage Yn: No
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Closet
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Natural Gas, Wall Furnace
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community Features: Boat Facilities, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Beach Rights, Beach Access, Boating, Sidewalks, Tennis Court(s), Trail(s)

Lot Info

  • Parcel #: 54434227040002560
  • Lot Size Acres: 0.2
  • Lot Size: 75.0 ft x 115.0 ft
  • Lot Size Sq Ft: 8712.0
  • Mobile Dim Units: Feet
  • Zoning: DISTRI

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9344.15

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Oct 5, 2020
Sold by
Carr Baerbel and Carr Dale Irving
Bought by
115 Cascade Llc
Seller's Agent
Meike Macgregor
Compass Florida LLC
Buyer's Agent
Rhys Hollyman
Logan Realty Inc
List Price
$735,000
Sold Price
$650,000
Premium/Discount to List
-$85,000
-11.56%
Current Estimated Value
$1,252,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,667
Avg. Annual Appreciation
13.26%
Original Mortgage
$487,500
Outstanding Balance
$253,254
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$999,413

Purchase Details

Closed on
Dec 12, 2011
Sold by
Travers Renee Ingrid and Mirabelli Shawn Conte
Bought by
Circle U Group Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
115 Cascade Llc $650,000 Attorney
115 Cascade Llc $650,000 Attorney
Circle U Group Llc $20,750 Attorney
Carr Baerbel $20,750 Attorney
Circle U Group Llc $20,750 Attorney
Carr Baerbel $20,750 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 115 Cascade Llc $487,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Sold $650,000 -11.6% $281 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
12/04/2019 12/04/19 For Sale $735,000 -- $317 / Sq Ft
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
2025 $26,361 $1,327,365 -- --
2024 $26,361 $1,206,695 -- --
2023 $14,902 $668,942 $0 $0
2022 $13,750 $609,729 $0 $0
2021 $11,852 $554,299 $393,644 $160,655
2020 $10,142 $524,222 $0 $0
2019 $9,555 $472,696 $0 $0
2018 $8,101 $419,951 $0 $0
2017 $7,923 $404,784 $0 $0
2016 $7,561 $378,152 $0 $0
2015 $7,715 $372,750 $0 $0
2014 $6,959 $344,105 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Meike Macgregor

    Compass Florida LLC

    (561) 818-1168

    68 in this area

    108 Total Sales

    Meike Macgregor
    Section Image
  • Maximilian Olivier

    Seller Co-Listing Agent in 2020

    Maximilian Olivier

    Compass Florida LLC

    (561) 459-0550

    27 in this area

    51 Total Sales

    Maximilian Olivier
    Section Image
  • Rhys Hollyman

    Buyer's Agent in 2020

    Rhys Hollyman

    Logan Realty Inc

    (561) 351-1686

    4 in this area

    46 Total Sales

    Rhys Hollyman
    Section Image
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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10582794

BeachesMLS (Greater Fort Lauderdale)

APN: 54-43-42-27-04-000-2560

Florida Palm Beach County Riviera Beach

33404

Not Listed for Sale

Detached

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