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!
Single-familyProperty Type
1920Year Built
3,984 sq ftLot Size
$382Est. Price/Sq.Ft.
1 spaceParking
Listed by Monika Olimpiew• Brown Harris Stevens
•305-877-7604 (agent)
•molimpiew@bhsusa.com (agent)
•305-666-1800 (broker)
•isanchez@bhsusa.com (broker)
Bought with Carolina Grunbaum Botbol• Fathom Realty FL, LLC
Investment opportunity! Take advantage of this opportunity! Tenant occupied until August 31st, 2022. RENT coming in from time of purchase! Tenant would like to stay. Don't miss this one. Showings based on tenants schedule. You are welcome to drive by. The information herein is believed to be accurate but is not guaranteed & may be errors or omissions & may be changed without notice. Buyer must verify. Buyer to pay $400 transaction fee at closing to listing broker.
Public Records
May 9, 2018
Sold
$65,000
$117/sq ft
MARMLS #A10368748
Feb 12, 2018
Pending
—
Feb 6, 2018
Price Changed
$71,900
$129/sq ft
Jan 15, 2018
Price Changed
$72,900
$131/sq ft
Dec 12, 2017
Price Changed
$74,900
$135/sq ft
Nov 7, 2017
Listed
$77,900
$140/sq ft
MARMLS #A10238471
Oct 16, 2017
Listing Removed
—
Aug 8, 2017
Price Changed
$84,900
$153/sq ft
May 19, 2017
Price Changed
$87,500
$157/sq ft
Mar 9, 2017
Listed
$90,000
$162/sq ft
Beaches MLS #R10215278
Nov 11, 2016
Sold
$59,020
$106/sq ft
Oct 26, 2016
Pending
—
May 19, 2016
Price Changed
$69,900
$126/sq ft
Apr 14, 2016
Relisted
—
Apr 13, 2016
Listing Removed
—
Mar 9, 2016
Listed
$75,600
$136/sq ft
Beaches MLS #RX-3169815
Mar 24, 2011
Sold
$9,500
$17/sq ft
Mar 1, 2011
Listing Removed
—
Jan 20, 2011
Listed
$9,900
$18/sq ft
Public Records
Sep 15, 2006
Sold
$135,000
$243/sq ft
Public Records
Dec 13, 2005
Sold
$130,000
$234/sq ft
Public Records
Nov 20, 2003
Sold
$39,000
$70/sq ft
Public Records
Sep 18, 2003
Sold
$27,500
$49/sq ft
Beaches MLS #R9810057
Aug 27, 1998
Sold
$13,000
$23/sq ft
Aug 18, 1998
Listing Removed
—
Aug 6, 1998
Listed
$20,000
$36/sq ft
Public Records
Jan 1, 1973
Sold
$5,000
$9/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,999 (−7.0%)
$68,364 + $67,212
$135,576
2024
$3,225 (+10.8%)
2023
$2,910 (+36.9%)
2022
$2,125 (+20.0%)
2021
$1,771 (+8.2%)
$17,280 + $55,849
$73,129
2020
$1,637 (+4.5%)
$14,040 + $52,640
$66,680
2019
$1,567 (+35.8%)
$14,040 + $52,640
$66,680
2018
$1,154 (+9.6%)
2017
$1,053 (+161.9%)
$7,741 + $32,464
$40,205
2016
$402 (−1.7%)
$7,038 + $3,341
$10,379
2015
$409 (−4.0%)
$7,487 + $2,910
$10,397
2014
$426 (+3.9%)
2013
$410 (−0.4%)
2012
$411 (−29.2%)
2011
$581
Tax history for 1265 Silver Beach Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,999 (−7.0%)
$68,364 + $67,212
$135,576
2024
$3,225 (+10.8%)
2023
$2,910 (+36.9%)
2022
$2,125 (+20.0%)
2021
$1,771 (+8.2%)
$17,280 + $55,849
$73,129
2020
$1,637 (+4.5%)
$14,040 + $52,640
$66,680
2019
$1,567 (+35.8%)
$14,040 + $52,640
$66,680
2018
$1,154 (+9.6%)
2017
$1,053 (+161.9%)
$7,741 + $32,464
$40,205
2016
$402 (−1.7%)
$7,038 + $3,341
$10,379
2015
$409 (−4.0%)
$7,487 + $2,910
$10,397
2014
$426 (+3.9%)
2013
$410 (−0.4%)
2012
$411 (−29.2%)
2011
$581
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
50 ft.
Lot depth
—
Lot size
3,984 Sq. Ft.
Year renovated
1995
Sq. Ft.
596
Year built
1920
Style
Single Family Residential
County
Palm Beach County
APN
56434229120001270
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 2, 2026.
RD-15
Two-Family Dwelling District
The RD-15 two-family dwelling district is intended primarily for development and preservation of duplex residential structures and their incidental or accessory uses. Recreational, religious and educational facilities, if found to be appropriate, shall also be permitted.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Recreation
Park & open space
Property details
Parking
Parking
Features: Driveway, On Street
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 1
Equipment
Appliances: Microwave, Refrigerator
Interior Features
Window Features: Blinds
Unfurnished
Flooring: Tile
Other Features: Bedroom on Main Level, First Floor Entry, Tub Shower
Exterior
Building Information
Stories: 1
Year Built Details: Resale
Roof Details: Composition
Construction Details: Frame, Stucco
Exterior Features
Exterior Features: Patio
Patio And Porch Features: Patio
Land Information
Possible Use: Investment
Lot Information
Lot Size Area: 3,984
Lot Features: Less Than Quarter Acre
Zoning Description: RD-15 (c
Property Information
Direction Faces: South
Financial
Tax Information
Annual Tax Amount: $3,225
Tax Year: 2024
Rental Information
PetsAllowedYN: Pets Allowed
Pets Allowed Details: No, Yes
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Cooling
Cooling: Wall/Window Unit(s)
Has Heating
Heating: Wall Furnace
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 596
Stories: 1.0
Lot Size: 3,984 square feet
Style: Single Family Residential
Year Built: 1920
Year Renovated: 1995
County: Palm Beach County
APN: 56434229120001270
Home facts updated by county records on Jul 2, 2026
Around this home
Schools
Dr. Mary Mcleod Bethune Elementary School
Public PreK-5 • Assigned • 1.3mi
3/10
Howell L. Watkins Middle School
Public 6-8 • Assigned • 1.7mi
5/10
Palm Beach Gardens High School
Public 9-12 • Assigned • 2.8mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 106° expected this year, 24 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Riviera Beach, FL • 33404
Average low and high temperatures (°F)
74
56
77
59
81
64
83
69
89
75
90
76
90
77
92
78
89
77
85
73
81
65
78
62
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 6.8 hours in December, placing it above the
U.S. average for solar exposure.
9.1 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$202,000 – $245,000
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