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Back 1/451 Silver Beach Rd
Off Market

1/451 Silver Beach Rd

Riviera Beach FL 33404

2
3876 sq. ft.
0.18 ac.
Duplex
Last sold for $405,000
Michael JohnstonMichael Johnston, last sold this property on 28 April 2026 after 78 days on market.

Overview

**NEW ROOF's Aug 2025****New Water Heaters****This investment opportunity in the rapidly growing Riviera Beach area. two income-producing units with existing tenants and significant upside potential through rental increases. Each unit features two bedrooms and one bathroom with washer/Dryer Hookups -Each unit is separately metered electric. High Rental Demand area with strong appreciation potential. *(market rents $2,000 per unit)* **Unit 1: 2 bed 1 bath -lease expires 5/26-$1,800 per Month **Unit 2: 2 bed 1 bath -lease expires 1/26 - $1,700 per month Immediate Upside Below-Market Rents: Current leases provide opportunity to increase rents to market rates upon renewal Separate Meters: Tenants pay their own utilities, reducing landlord expenses Long-Term Leases: Leases secured through 2025 and 2026, ensuring stable cash flow High Occupancy and Demand: Riviera Beach remains a competitive rental market with increasing property values Why Invest in Riviera Beach? Riviera Beach is experiencing major redevelopment, making it a prime location for real estate investment. Local improvements include: Riviera Beach Marina Redevelopment, a multimillion-dollar waterfront revitalization increasing property values Expansion of luxury residential and mixed-use developments, strengthening rental demand New infrastructure projects, including road expansions and commercial growth Close proximity to Singer Island, Palm Beach Gardens, and Downtown West Palm Beach Ideal for Investors Looking For: Turnkey Cash Flow Opportunity: Fully leased units with immediate potential for rental increases Strong Market Appreciation: Rapidly growing area with long-term value potential 1031 Exchange Investment: Excellent opportunity for reinvestment and tax benefits

Features

2 bathrooms
3876 sq. ft. floor area
0.18 ac. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in Riviera Beach over the last 12 months, the estimated median property value of 1/451 Silver Beach Rd is $481k.

Median value
$481k
Estimated value range
$242k - $1.5m
Median days on market
23
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Riviera Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/451 Silver Beach Rd

2026
Sold
$405,000
28 Apr 2026 by Michael Johnston, of Keyes
2025
Rented
Undisclosed
03 Nov 2025 by Keyes
2025
Rented
Undisclosed
01 Jul 2025 by Keyes

Happy sellers in Riviera Beach

56%
56% of sellers in Riviera Beach reported that their sale price either exceeded or met their price expectations.

Riviera Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Riviera Beach over the last 12 months.

Local market activity for duplexes in Riviera Beach

In the last 12 months, 18 duplexes similar to 1/451 Silver Beach Rd, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Riviera Beach

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Michelle Rinaldi Selling Singer Island

Sellers who recommend Michelle Rinaldi Selling Singer Island have praised them for being local expert, responsive, clear communication, great negotiation, detail-oriented, stress-free process, and pleasant

  •   5   (84 reviews)
  •  13 Reviews in Riviera Beach
  •  10 Sales in Riviera Beach
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Ann Cusa

Sellers who recommend Ann Cusa have praised them for being local expert, clear communication, responsive, great negotiation, strategic, pleasant, and friendly

  •   5   (38 reviews)
  •  2 Reviews in Riviera Beach
  •  3 Sales in Riviera Beach
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Jonathan Hazman

Jonathan Hazman is a recommended agent for Riviera Beach.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (6 reviews)
  •  2 Reviews in Riviera Beach
  •  2 Sales in Riviera Beach
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Philip Tambasco

Philip Tambasco is a recommended agent for Riviera Beach.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (52 reviews)
  •  2 Reviews in Riviera Beach
  •  1 Sale in Riviera Beach
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