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Sold for $235,000 on 07/28/25
  • $235,000

    1263 W 27th St, Riviera Beach, FL 33404

    3beds
    1,048sqft
    Single Family Residence
    Built in 1968
    8,210 Square Feet Lot
    $234,900 Zestimate®
    $224/sqft
    $2,506 Estimated rent

    What's special

    Incredibly rare nearly turnkey light fixer upper CBS-constructed home in one of the most rapidly appreciating pockets of Palm Beach County. The owner’s early retirement offers you the unique opportunity to secure this well-maintained residence at an unheard of price in this market. Some light TLC may be needed, but little to no major issues with huge built-in upside. So what makes this place so special? 1) Priced as a 2 bed. Currently configured as a 2/1, but county records reflect a 3/1 layout. Easily convertible back to a 3 bedroom for instant value-add and increased resale or rental income. 2) Attached 1-car garage with dedicated laundry area. 3) Impact windows and doors throughout, providing energy-efficiency and storm-readiness. 4) Large private fenced-in yard, ideal for pets, outdoor entertaining, or simply enjoying your own slice of Florida sunshine. 5) Lowest price per sq ft in the area: unmatched value with major equity potential baked in. 6) Fantastic location close to shopping and entertainment, and only 10 minutes to the beach. This property offers the best of both worlds: a solid structure with livability and clear paths to increased equity. Whether you're an investor looking for a quick turnaround / rental income or a future homeowner wanting to create custom value, this one checks all the boxes. Roof may require a few internal repairs, such as replacing roof trusses affected by termite damage. Investor notes: LTR: 1,400 /mo current (lease ending in May), 2,200 /mo potential w/o updates, 2,500 /mo if converted back to a 3 bed. Very little nearby competition. STR: 40k gross /yr, at only half year occupancy. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. Ask me anything, big or small. If this is “NOT ON MY MLS,” disclosures and MLS info sheet available. No assignable contracts accepted.

    Zillow last checked: 7 hours ago

    Listing updated: July 29, 2025 at 10:15am

    Listing Provided by:

    Alexander Izikson 781-996-9676,

    RICHARD PETERS REALTY LLC 352-448-9712

    Bought with:

    Non-Member Agent

    STELLAR NON-MEMBER OFFICE

    Source: Stellar MLS,MLS#: TB8376729MLS LogoOriginating MLS: Suncoast Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Electric
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, Electric Water Heater, Range, Refrigerator
    • Laundry: Electric Dryer Hookup, In Garage, Washer Hookup
    Features
    • Ceiling Fan(s), Primary Bedroom Main Floor
    • Flooring: Carpet, Tile, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 1,360
    • Total interior livable area: 1,048 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Garden
    Lot
    • Size: 8,210 sqft
    Details
    • Parcel number: 56434229150270121
    • Zoning: RS8
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Riviera Beach
    • Subdivision: MONROE HEIGHTS

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Ownership: Fee Simple
    • Road surface type: Asphalt
    Services availability
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    Estimated market value

    $234,900