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$425,000

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
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****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.

Full Property Details for 461 Silver Beach Rd #1

General

  • Price: $425,000
  • Taxes: $6,226 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Regional
  • MLS ID: RX-11111891
  • Updated: 11/4/2025
  • Added to Site: 170 day(s) ago

Interior

  • Flooring: Terrazzo Floor

Exterior

  • Exterior Features: Covered Patio

Location

  • Area: 5270
  • County: Palm Beach
  • Subdivision: Park Manor 6
  • Driving Directions: Silver Beach Road east to property. Property is on the south side of the street.

Community

  • Community Features: Ball Field, Boating, Park, Play Area, Playground, Sidewalks, Street Lights
  • Home Owners Assn.: None

Heating & Cooling

  • Cooling Type: Wall-Win A/C
  • Heating Type: Window/Wall

Utilities

  • Utility Description: Electric, Public Sewer, Public Water
  • Sep. Elec Meters: Yes

Structural Information

  • Architectural Style: Duplex/Triplex/Quad
  • Description/Design: Duplex
  • Construction: CBS
  • Roof: Composition Shingles
  • Stories in Building: 1
  • Square Feet: 1,680
  • Sq. Ft. Source: Tax Rolls
  • Year Built: 1964

Unit Information

Unit 1

  • Unit Description: A/C Unit
  • Square Feet: 840
  • Bedrooms: 2
  • Parking: Open Parking

Unit 2

  • Unit Description: A/C Unit
  • Square Feet: 840
  • Bedrooms: 2
  • Parking: Open Parking

Lot Features

  • Lot Size (Sq. Ft.): 8,312
  • Zoning: RD-15(

Water Features

  • Water Front Desc.: None

Financial Considerations

  • Price Per Sq. Ft.: $252.98
  • Tax Amount: $6,226
  • Tax Year: 2024
  • Terms: Cash, Conventional
  • Tenant Pays: Cable, Electric

Disclosures and Reports

  • Legal Description: PARK MANOR NO 6 LOT 2 BLK 41
  • Restrictions: None
  • APN: 56434228350410020

Listed by The Keyes Company

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Listing agents

— 461 Silver Beach Rd #1 —

  • The Keyes Company

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 461 Silver Beach Rd #1

School District:Palm Beach County School District
NameGradesDistance
Lincoln Elementary School
1160 Avenue N, Riviera Beach, FL 33404
PK-51.5 mi
John F. Kennedy Middle School, Riviera Beach, FL
1901 Avenue S, Riviera Beach, FL 33404
6-81.6 mi
Palm Beach Gardens High School
4245 Holly Drive, Palm Beach Gardens, FL 33410
9-123.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 461 Silver Beach Rd #1 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/17/2025
Price Reduced
$425,000
-5.56%
MLS
7/31/2025
Listed
$450,000
47.54%
MLS
1/14/2021
Sold
$305,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 461 Silver Beach Rd #1

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,727
8%
$315,118
8%
2024
$6,225
4%
$291,668
2%
2023
$5,983
216%
$286,583
76%
2021
$1,896
-65%
$162,610
-35%
2022
$5,482
189%
$249,696
60%
2021
$1,896
-35%
$156,139
33%
2019
$2,900
16%
$117,379
10%
2018
$2,509
8%
$106,708
10%
2017
$2,321
40%
$97,007
60%
2016
$1,652
9%
$60,555
10%
2015
$1,511
8%
$55,050
10%
2014
$1,404
9%
$50,045
10%
2013
$1,283
—
$45,495
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by The Keyes Company

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461 Silver Beach Road, Unit #1, Riviera Beach, FL 33403 (MLS# RX-11111891) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 461 Silver Beach Road, Unit #1 is currently listed for $425,000 and was received on July 31, 2025. Want to learn more about 461 Silver Beach Road, Unit #1? Do you have questions about finding other Multi-Family real estate for sale in Riviera Beach? You can browse all Riviera Beach real estate or contact a Coldwell Banker agent to request more information.

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