Duplex in 461 Silver Beach Road 1, Riviera Beach, FL 33403 with MLS# R11111891

• Brand New Roofs (August 2025)*** New Water Heaters Installed** - major capital improvements have already been taken care of, offering peace of mind for investors. Welcome to 461 Silver Beach Road, a well-maintained duplex located in a high-demand rental area of Riviera Beach. Each unit is currently leased at $1,800/month with long-term tenants in place. Market rents are estimated at $2,000/month, providing strong upside potential. Each unit is separately metered for electricity, with tenants paying their own utilities, keeping operating costs low. This property features solid, long-term leases, new water heaters, and a strong rental history. Located just minutes from the Riviera Beach Marina redevelopment, Singer Island, Palm Beach Gardens, and Downtown West Palm Beach. This area is seeing rapid infrastructure expansion and commercial growth. Ideal for investors seeking dependable cash flow, long-term appreciation, or a 1031 exchange opportunity. The duplex next door at 451 Silver Beach Rd is also available for sale at the same price. MLS RX-11068096. Purchase one or both. Please do not disturb tenants. Drive-by only prior to scheduled showings.

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Days on the market

461 Silver Beach Road 1, Riviera Beach, FL 33403

Price
Price:
$425,000.00
Original List Price:
$450,000.00
List Price per Sq Ft (Calculated, Approx.):
$247.02
Close Price:
$415,000.00
Transaction closed on:
February 23, 2026
Lease Details
Tenant Pays:
Electricity, Cable Tv
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
Description of Last Important Update:
Status Change
Last Major Update on:
March 1, 2026 1:46 pm
Rooms Distribution
Bathrooms Total:
2
Measures
Living Area:
1,680 Sqft
Built-Up Area:
1,938 Sqft
Building Area Source:
Public Records
Lot Size Acres:
0.19
Property Features
Waterfront:
No
Patio and Porch:
Patio, Patio - Covered
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Heating
Heating System:
Window/wall
Construction
Year Built:
1964
Roof:
Composition
Number of Units Total:
2
Levels:
Two
Construction Materials:
CBS
Flooring:
Terrazzo
Number of Units in the Community or Building:
2
Stories:
1
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$6,225.11
Tax Year:
2024
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Sewer Available, Water Available
Water Source:
Public
Community
Amenities Provided by the Homeowner's Association (HOA):
Playground, Park, Sidewalks, Boating, Street Lights, Baseball/softball Field
Subdivision Name:
PARK MANOR 6
Senior Community:
No
Restrictions:
No Restrictions
Terms
Documents Available:
Copy Of Lease(s)
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
PARK MANOR NO 6 LOT 2 BLK 41
Real Estate Folio Number (Parcel Number):
56434228350410020
Zoning:
RD-15(
Public Schools Assigned
Elementary School:
Watergrass Elementary-po
High School:
Palm Beach Gardens
Middle Or Junior School:
John F. Kennedy (palm Beach)
Listing History
Active on the market since:
July 31, 2025
Listing Agreement executed on:
July 31, 2025
Purchase Contract Date:
February 20, 2026
Price change occurred on:
October 17, 2025 1:09 pm
Listing Status Last Changed On:
March 1, 2026 1:46 pm
Photos updated on:
February 12, 2026 7:36 pm
Last Modified:
August 12, 2026 10:10 pm
Additional Information
Courtesy of:
The Keyes Company
Attribution:
561-577-0398
Location
Street Name:
Silver Beach
Street Number:
461
Unit Number:
1
City:
Riviera Beach
State:
Florida
Zip Code:
33403
County:
Palm Beach
Latitude:
N26° 47' 33.2''
Longitude:
W81° 56' 16.3''
Street Suffix:
Road
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $69,050
Median Home Value $340,100
Median Rent $1,426/mo
Median Age 35
Population 13,710
Ver la Propiedad Ver la propiedad 461 Silver Beach Road 1, Riviera Beach, FL 33403
This listing can also be located in the MLS system as RX-11111891
Association of REALTORS®
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