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$425,000
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Property Description
****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.
Full Property Details
Full Property Details for 461 Silver Beach Rd #1
General
- Price: $425,000
- Taxes: $6,225 (2024)
- Status: Active
- Type: Duplex
- Source: Regional
- MLS ID: R11111891
- Updated: 2/19/2026
- Added to Site: 207 day(s) ago
Interior
- Flooring: Terrazzo
Additional Information
- Shared Amenities: Boating, Playground, Park, Sports Fields, Sidewalks
Exterior
- Exterior Features: Outdoor Living Area
- Porch/Patio/Deck: Covered, Patio
Location
- 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 Name: 5270
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Construction: Block
- Roof: Composition
- Stories/Levels: 1
- Building Size: 1938
- Square Feet: 1,680
- Living Area: 1,680 Sq. Ft.
- Year Built: 1964
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276.4
- Street Lights: Yes
- Lot Features: Item14Acre
- Zoning: RD-15(
Water Features
- Water Front View: None
- Boat Dock Slip: Yes
Financial Considerations
- Tax Amount: $6,225.11
- Tax Year: 2024
- Terms: Cash, Conventional
- Tenant Pays: Cable TV, Electricity
Disclosures and Reports
- Documents Avail.: Lease
- Legal Description: PARK MANOR NO 6 LOT 2 BLK 41
- Property ID: 56434228350410020
Listed by The Keyes Company
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Schools
Schools serving 461 Silver Beach Rd #1
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School 1160 Avenue N, Riviera Beach, FL 33404 | PK-5 | 1.5 mi |
John F. Kennedy Middle School, Riviera Beach, FL 1901 Avenue S, Riviera Beach, FL 33404 | 6-8 | 1.6 mi |
Palm Beach Gardens High School 4245 Holly Drive, Palm Beach Gardens, FL 33410 | 9-12 | 3.3 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
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
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
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
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 461 Silver Beach Rd #1
461 Silver Beach Road #1, West Palm Beach, FL 33403 (MLS# R11111891) is a Duplex property with 0 bedrooms and 0 full bathrooms. 461 Silver Beach Road #1 is currently listed for $425,000 and was received on July 31, 2025. Want to learn more about 461 Silver Beach Road #1? Do you have questions about finding other Duplex real estate for sale in West Palm Beach? You can browse all West Palm Beach real estate or contact a Coldwell Banker agent to request more information.

