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!
Sold for $150,000
$150,000
1265 Silver Beach Rd, Riviera Beach, FL 33404
2beds
556sqft
Single Family Residence
Built in 1920
3,984 Square Feet Lot
$228,000 Zestimate®
$270/sqft
$1,841 Estimated rent
Home value
$228,000
$205,000 - $251,000
$1,841/mo
Zestimate® history
Owner options
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$1,841/mo
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$1,841/mo
Rent Zestimate®
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$1,088/mo
Est. payment
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$1,088/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Monika Olimpiew 305-877-7604,
Brown Harris Stevens
Bought with:
Carolina Grunbaum Botbol, 3404881
Fathom Realty FL, LLC
Source: MIAMI,MLS#: A11793179
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Window/Wall
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Microwave, Refrigerator
Features
- Flooring: Tile
- Windows: Blinds
Interior area
- Total structure area: 616
- Total interior livable area: 556 sqft
Property
Parking
- Parking features: Driveway, On Street, Limited # Of Vehicle
- Has uncovered spaces: Yes
Features
- Stories: 1
- Entry location: First Floor Entry
- Patio & porch: Patio
- Pool features: R30-No Pool/No Water
- Has view: Yes
- View description: Other
Lot
- Size: 3,984 Square Feet
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 56434229120001270
- Zoning: RD-15 (c
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame With Stucco, Stucco
- Roof: Composition Roll
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Features: None, No Subdiv/Park Info
- Subdivision: Molphus Heights
HOA
- Has HOA: No
Location
- Region: Riviera Beach
Financial & listing details
- Price per square foot: $270/sqft
- Tax assessed value: $135,576
- Annual tax amount: $3,225
- Date on market: 4/29/2025
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2025 | Sold | $150,000+28.2%$270/sqft |
Source:  MIAMI #A11793179 Report a problem | ||
| 4/13/2022 | Sold | $117,000+80%$210/sqft |
Source:  BeachesMLS #R10768498 Report a problem | ||
| 5/9/2018 | Sold | $65,000+10.1%$117/sqft |
Source: Public Record Report a problem | ||
| 11/16/2016 | Sold | $59,020+521.3%$106/sqft |
Source: Public Record Report a problem | ||
| 3/31/2011 | Sold | $9,500+10.5%$17/sqft |
Source: Public Record Report a problem | ||
| 12/16/2010 | Sold | $8,600-93.6%$15/sqft |
Source: Public Record Report a problem | ||
| 9/15/2006 | Sold | $135,000+3.8%$243/sqft |
Source: Public Record Report a problem | ||
| 12/13/2005 | Sold | $130,000+233.3%$234/sqft |
Source: Public Record Report a problem | ||
| 11/20/2003 | Sold | $39,000+41.8%$70/sqft |
Source: Public Record Report a problem | ||
| 9/18/2003 | Sold | $27,500+111.5%$49/sqft |
Source: Public Record Report a problem | ||
| 9/1/1998 | Sold | $13,000$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,998 -7% | $135,576 -6% |
| 2024 | $3,224 +10.8% | $144,291 +10% |
| 2023 | $2,910 +37% | $131,174 +63.1% |
| 2022 | $2,124 +20% | $80,442 +10% |
| 2021 | $1,770 +8.2% | $73,129 +9.7% |
| 2020 | $1,637 +4.5% | $66,680 +6.2% |
| 2019 | $1,567 | $62,791 +31.7% |
| 2018 | $1,567 +35.8% | $47,668 +18.6% |
| 2017 | $1,154 +9.6% | $40,205 +287.4% |
| 2016 | $1,053 +161.7% | $10,379 -0.2% |
| 2015 | $402 -5.7% | $10,397 -2.2% |
| 2014 | $427 +4.1% | $10,626 +7.2% |
| 2013 | $410 -0.4% | $9,913 +0.6% |
| 2012 | $411 -29.2% | $9,857 -40.6% |
| 2011 | $581 -29.4% | $16,598 -37.5% |
| 2010 | $822 -40.9% | $26,573 -49.5% |
| 2009 | $1,391 -13.3% | $52,615 -19.3% |
| 2008 | $1,604 -0.9% | $65,171 -4.4% |
| 2007 | $1,618 +53.9% | $68,168 +72.8% |
| 2006 | $1,052 | $39,442 +27.2% |
| 2005 | -- | $31,020 +29.8% |
| 2004 | $453 +335.7% | $23,895 +9.3% |
| 2003 | $104 -84.9% | $21,862 -4.1% |
| 2002 | $687 +16.1% | $22,789 +21% |
| 2001 | $592 +3.5% | $18,840 +3.4% |
| 2000 | $572 +31.7% | $18,214 +5.2% |
| 1999 | $434 | $17,306 |
Find assessor info on the county website
Neighborhood: Pleasant Heights
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Nearby schools
GreatSchools rating
- 3/10Dr. Mary Mcleod Bethune Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 5/10Howell L. Watkins Middle SchoolGrades: 6-8Distance: 1.7 mi
- 3/10Palm Beach Gardens High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Dr. Mary Mcleod Bethune Elementary
- Middle: Howell L. Watkins
- High: Palm Beach Gardens
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$228,000
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
$228,000
- Florida
- Palm Beach County
- Riviera Beach
- 33404
- Pleasant Heights
- 1265 Silver Beach Rd
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Nearby neighborhoods
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