****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.
Multi-familyProperty Type
1964Year Built
8,312 sq ftLot Size
$295Est. Price/Sq.Ft.
Listed by Michael Johnston• The Keyes Company
Listed by Maby Cuevas• The Keyes Company
Contact: 561-577-0398
Bought with Innocent Ville• Citadelle R E Investments
Great money making duplex with easy cash flow! Current tenants have lived there over 10 years! Rents should be much higher. Owner would prefer to sell with the duplex next door (MLS#RX-10193143) to double your income! Please do not disturb the current tenants.
Public Records
Jun 29, 2000
Sold
$104,000
$62/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,722 (+8.0%)
$130,320 + $184,798
$315,118
2024
$6,225 (+4.1%)
$106,531 + $185,137
$291,668
2023
$5,983 (+9.1%)
$106,531 + $185,137
$291,668
2022
$5,482 (+46.8%)
$89,604 + $160,092
$249,696
2021
$3,734 (+3.2%)
$42,840 + $119,770
$162,610
2020
$3,617 (+24.8%)
$36,720 + $119,419
$156,139
2019
$2,900 (+15.6%)
$36,720 + $119,419
$156,139
2018
$2,509 (+8.1%)
2017
$2,321 (+40.5%)
$25,937 + $71,070
$97,007
2016
$1,652 (+9.4%)
2015
$1,510 (+7.6%)
2014
$1,403 (+9.4%)
2013
$1,283 (+3.7%)
2012
$1,237 (−7.7%)
2011
$1,341
Tax history for 461 Silver Beach Rd #1
Year
Property tax
Land + Additions
Assessment*
2025
$6,722 (+8.0%)
$130,320 + $184,798
$315,118
2024
$6,225 (+4.1%)
$106,531 + $185,137
$291,668
2023
$5,983 (+9.1%)
$106,531 + $185,137
$291,668
2022
$5,482 (+46.8%)
$89,604 + $160,092
$249,696
2021
$3,734 (+3.2%)
$42,840 + $119,770
$162,610
2020
$3,617 (+24.8%)
$36,720 + $119,419
$156,139
2019
$2,900 (+15.6%)
$36,720 + $119,419
$156,139
2018
$2,509 (+8.1%)
2017
$2,321 (+40.5%)
$25,937 + $71,070
$97,007
2016
$1,652 (+9.4%)
2015
$1,510 (+7.6%)
2014
$1,403 (+9.4%)
2013
$1,283 (+3.7%)
2012
$1,237 (−7.7%)
2011
$1,341
*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
4
Baths
2
Stories
1
Lot width
73 ft.
Lot depth
—
Lot size
8,312 Sq. Ft.
Year renovated
1979
Sq. Ft.
1,680
Year built
1964
Style
Multi-Family (2-4 Unit)
County
Palm Beach County
APN
56434228350410020
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 28, 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
Interior
Virtual Tour Information
Bathroom Information
Bathrooms Total Integer: 2
Interior Features
Flooring: Terrazzo
Multi-Family Financial Information
# of Units Total: 2
Gross Income: $45,000
Net Operating Income: $40,000
Tenant Pays: Cable TV, Electricity
Number Of Units In Community: 2
Exterior
Building Information
Building Area Total: 1,938
Building Area Source: Public Records
Construction Materials: CBS
Exterior Features
Patio And Porch Features: Patio - Covered, Patio
Roof: Composition
Property Information
Property Sub Type: Duplex
Property Condition: Resale
Living Area: 1,680
Lot Information
Waterfront YN: No
Waterfront Features: None
Financial
Tax Information
Tax Annual Amount: $6,225.11
Tax Year: 2024
Parcel Number: 56434228350410020
Utilities
Utility Information
Water Source: Public
Electric: Three Phase
Sewer: Public Sewer
Utilities: Sewer Available, Water Available
Heating & Cooling
Has Heating
Heating: Window/Wall
Has Cooling
Cooling: Wall/Window Unit(s)
Location
HOA Information
Association Amenities: Boating, Park, Playground, Baseball/Softball Field, Sidewalks, Street Lights
School Information
Elementary School: Lincoln
Middle Or Junior School: John F. Kennedy (Palm Beach)
High School: Palm Beach Gardens
Location Information
Directions: Silver Beach Road east to property. Property is on the south side of the street.
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,680
Stories: 1.0
Lot Size: 8,312 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1964
Year Renovated: 1979
County: Palm Beach County
APN: 56434228350410020
Home facts updated by county records on Sep 28, 2026
Around this home
Schools
John F. Kennedy Middle School
Public 6-8 • Assigned • 1.6mi
4/10
Palm Beach Gardens High School
Public 9-12 • Assigned • 3.3mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 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 • 33403
Average low and high temperatures (°F)
73
58
76
62
79
66
81
72
87
77
89
78
90
78
91
78
87
76
84
75
80
68
77
65
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
$471,000 – $570,000
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