#RX-11068125, Michael J Johnston, Listing Office: The Keyes Company

451 Silver Beach Rd Unit 1 Riviera Beach, FL 33403
Property details
About 451 Silver Beach Rd Unit 1
**This investment opportunity features two side-by-side duplexes in the rapidly growing Riviera Beach area. A total of four income-producing units with existing tenants and significant upside potential through rental increases.** Two Adjacent Duplexes being sold together. (Four Units Total) ($225,000 per door)Each unit features two bedrooms and one bathroom with washer/Dryer Hookups -Each unit is separately metered electric.High Rental Demand area with strong appreciation potential. *(market rents $2,000 per unit)*Current Lease Details below:**Unit 1: 2 bed 1 bath -lease expires 5/25 - $1,800 per month **Unit 2: 2 bed 1 bath -lease expires 1/26 - $1,700 per month **Unit 3: 2 bed 1 bath - Vacant**Unit 4: 2 bed 1 bath - lease expires 3/25 -$1,800 per month. Immediate Upside
Highlights
Virtual tour
Summary
- MLS Number: RX-11068096
- Office Name: The Keyes Company
- Office Phone: (561) 220-0550
- Listing Agent: Michael J Johnston
- Agent Phone: (561) 577-0398
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Last updated on: 3/5/2025, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$900,000
451 Silver Beach Rd Unit 1
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
2
Lake Park Elementary School
Public District PK-5
0.3 mi
•410 3rd St
3
Washington Elementary Magnet School
Public Magnet PK-5
1.4 mi
•1709 W 30th St
4
Lincoln Elementary School
Public District PK-5
1.6 mi
•1160 Avenue N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,661. Residents of Riviera Beach, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 451 Silver Beach Rd Unit 1 in Riviera Beach, FL and zip code 33403 in the Park Manor neighborhood. This 3,360 square foot home was built in 1964. Features: 0 bathroom. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $900,000.
In February 2025, from all listings sold in Riviera Beach, FL there were more than 2 sold above asking price, over 17 sold below and more than 3 were sold right at the asked price. The number of listings in Riviera Beach, FL increased by 10.2% between January and February 2025. The median list price of listings available in February 2025 was $415,500, while the average time on the real estate market was 81 days.