New - 2 days on RocketVideo tour
$5,926 Closing Credit¹
#RX-11057479, Maria Sobinina, Listing Office: Dalton Wade Inc
#RX-11051682·
Listing Office: The Keyes Company·
Listing Agent: Michael J Johnston·
Listing Agent Phone: (561) 577-0398·
Listing Office Phone: (561) 220-0550
$4,988
closing credit¹
540 W 1st St Riviera Beach, FL 33404
$420,000 List price
$4,988
Closing credit¹
1,240 sqft
$339 / sqft
Multi-Family
Property details
About 540 W 1st St
**Excellent Investment Opportunity!** Discover this income-generating property featuring **two separate buildings** Prime location with tremendous growth potential: - **Front Building:** 2 bed, 1 bath, currently rented at **$1,850/month until 9/30/25**. **New A/C and ducts installed in October 2024.** - **Rear Building:1 bed, 1 bath, rented at $1,350/month until **February 2025**. Both buildings are freshly painted, with roofs in great condition. **Roofs were replaced in 2014 and 2017.** **Market Rent Potential:** - 2 bed, 1 bath: **$2,000/month** - 1 bed, 1 bath: **$1,600/month** Located just steps from a **public marina and boat ramp** across from Peanut Island, this property is in a high-demand area.
Highlights
Home typeDuplex
HeatingElectric
StatusActive
CoolingCeiling Fan(s), Window Unit(s)
Size1,240 sqft
Year built1959
MLS #RX-11051682
Virtual tour
Summary
- MLS Number: RX-11051682
- Office Name: The Keyes Company
- Office Phone: (561) 220-0550
- Listing Agent: Michael J Johnston
- Agent Phone: (561) 577-0398
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$420,000
540 W 1st St
$4,988
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 28, 2021 | Home Sold | $200,000 |
| Apr 28, 2015 | Home Sold | $57,958 |
| Jul 27, 2011 | Home Sold | $28,000 |
| Jun 17, 2002 | Home Sold | $49,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $179,015 | $3,994 |
| 2022 | $162,010 | $3,710 |
| 2021 | $88,778 | $3,710 |
| 2020 | $82,508 | $2,005 |
| 2019 | $62,149 | $1,718 |
| 2018 | $56,499 | $1,527 |
| 2017 | $51,363 | $1,395 |
History based on county public records data.
Nearby schools
3
West Riviera Elementary School
Public District EE-5
0.6 mi
•1057 W 6th St
3
Lincoln Elementary School
Public District PK-5
0.9 mi
•1160 Avenue N
4
Northmore Elementary School
Public District PK-5
1.0 mi
•4111 N Terrace Dr
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 $29,649. The majority of Riviera Beach, FL residents have income less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
60%
<35k
39%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
52%
Single, No Kids
27%
Single, with Kids
13%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
11%
12-17 yrs old
19%
18-34 yrs old
38%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
White Castle
Church's Chicken
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
Adult Standards
Rock
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 540 W 1st St in Riviera Beach, FL and zip code 33404 in the Riviera Beach Heights neighborhood. This 1,240 square foot home was built in 1959. Features: 0 bathroom. It has been listed on Rocket Homes since January 13, 2025 and is currently priced at $420,000.
In January 2025, from all listings sold in Riviera Beach, FL there were more than 3 sold above asking price, over 24 sold below and more than 4 were sold right at the asked price. The number of homes for sale in Riviera Beach, FL increased by 18.6% between December and January 2025. In January 2025, listings were on the market for 68 days. During the same period, the median list price in this real estate market was $409,237.
From Rocket Homes Real Estate and based on county public records data.