South Florida
Pending
Molphus Heights, 1265 Silver Beach Rd, Riviera Beach, FL 33404
189,000(-10.11% )
$169,900Price
2Beds
1Baths
556SqFt
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Details
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Status:
Pending
Parking: No info
Size: 556 SqFt (52 m2)
Price: $306/SqFt ($3,289/m2)
Type: Single Family Home
Built: 1920
HOA: N/A
MLS Number: A11793179
View: Other
On Site: 92 Days
Updated: 6 Days ago
Page Views: 0
Welcome to this charming 2-bedroom, 1-bath home offering a fantastic investment opportunity. Situated in a convenient location, this property is currently tenant occupied with a long term section 8 tenant paying $2,000 per month, providing immediate rental income. With a strong 8.7% cap rate, this is a solid addition to any investors portfolio. Showings are available after an accepted offer only. please do not disturb the tenant. You are welcome to drive by and check out the area, and be sure to view the matterport tour for a full virtual walkthrough!
Features
Bedrooms
- Bedrooms: 2
Bathrooms
- Bathrooms: 1
- Half Bathrooms: No info
Exterior and Lot Features
- Exterior Features: Patio
- View: Other
Interior, Heating and Cooling
- Interior Features: BedroomOnMainLevel, FirstFloorEntry, TubShower
- Equipment / Appliances: Microwave, Refrigerator
- Heating Description: WallFurnace
- Cooling Description: WallWindowUnits
Building and Construction
- Floor Description: Tile
- Windows/Treatment: Blinds
- Year Built: 1920
- Year Built Description: Resale
- Style: OneStory
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
- Elementary School: Dr. Mary Mcleod Bethune Elementary
- Middle School: Howell L. Watkins
- Senior High School: Palm Beach Gardens
Other Property Info
- Garage: No info
- Listing Date: 2025-04-29T16:56:03.000-00:00
- Directions: South
- Pets Allowed: NoPetRestrictions, Yes
Taxes, Fees & More
- Taxes: 3225
- Parking Description: Driveway,OnStreet
Price History
07/21/2025
Date
Sold
Event
$169.9K
Price
-10.11%
Change Rate
$306 ft2 / $3,289 m2
Price Per
07/17/2025
Date
Price Reduced
Event
$189K
Price
-9.96%
Change Rate
$340 ft2 / $3,659 m2
Price Per
06/06/2025
Date
Price Reduced
Event
$209.9K
Price
-4.55%
Change Rate
$378 ft2 / $4,064 m2
Price Per
04/29/2025
Date
Listed
Event
$219.9K
Price
$396 ft2 / $4,257 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Monika Olimpiew • Brown Harris Stevens • Buyer Agency Compensation .
Instant Comps
$NaN/ft²
Unit 1265 Silver Beach Rd – Asking
$306/ft²
(0%) from Closed Medium $/ft²
Closed Medium $/ft²
$NaN/ft²
Community $/Price Range (Closed) $NaN/ft² – $NaN/ft²
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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