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Sold for $415,000
  • $415,000

    461 Silver Beach Road #1, Riviera Beach, FL 33403

    4beds
    1,680sqft
    Duplex
    Built in 1964
    -- sqft lot
    $417,700 Zestimate®
    $247/sqft
    $2,261 Estimated rent

    Home value

    $417,700

    $397,000 - $439,000

    $2,261/mo

    Zestimate® history
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    What's special

    ****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.

    Zillow last checked: 8 hours ago

    Listing updated: February 28, 2026 at 11:40pm

    Listed by:

    Michael J Johnston 561-577-0398,

    The Keyes Company,

    Maby Cuevas 786-251-8462,

    The Keyes Company

    Bought with:

    Innocent Ville

    Citadelle R E Investments

    Source: BeachesMLS,MLS#: RX-11111891MLS LogoOriginating MLS: Beaches MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Window/Wall
    Cooling
    • Wall/Window Unit(s), A/C Unit
    Features
    • Flooring: Terrazzo
    Interior area
    • Total structure area: 1,938
    • Total interior livable area: 1,680 sqft

    Property

    Parking
    • Parking features: Open, Open Parking
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Patio & porch: Covered Patio
    • Waterfront features: None
    Lot
    • Size: 8,312 sqft
    • Features: < 1/4 Acre
    Details
    • Parcel number: 56434228350410020
    • Zoning: RD-15(

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • CBS
    • Roof: Comp Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Electric: Separate Electrical Meters
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & neighborhood

    Community
    • Community features: Ball Field, Boating, Park, Play Area, Playground, Sidewalks, Street Lights
    Location
    • Region: Riviera Beach
    • Subdivision: Park Manor 6

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    2/23/2026Sold$415,000-2.4%$247/sqft
    Source: BeachesMLS #RX-11111891 Report a problem
    10/17/2025Price change$425,000-50%$253/sqft
    Source: BeachesMLS #RX-11111891 Report a problem
    10/17/2025Price change$850,000-2.9%$506/sqft
    Source: BeachesMLS #RX-11068125 Report a problem
    9/11/2025Price change$875,000-1.7%$521/sqft
    Source: BeachesMLS #RX-11068125 Report a problem
    7/31/2025Price change$890,000+97.8%$530/sqft
    Source: BeachesMLS #RX-11068125 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,225 +4.1%$291,668 +6.2%
    2023$5,982 +9.1%$274,666 +10%
    2022$5,481 +46.8%$249,696 +53.6%

    Find assessor info on the county website

    Neighborhood: Park Manor North

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $417,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $417,700