SoldFeb 23, 2026

Listed by Michael Johnston and Maby Cuevas

Source: Greater Fort Lauderdale Realtors #R11068125

1/461 Silver Beach Rd, Riviera Beach, FL, 33404

$415,000

4
3876 sq. ft.
7840.8 sq. ft.

Duplex

30+ days on the market

Sold: Feb 23, 2026

What's around 1/461 Silver Beach Rd

About this property

**NEW ROOF's Aug 2025****New Water Heaters**This investment opportunity features two side-by-side duplexes in the rapidly growing Riviera Beach area. 2 Duplexes being sold together. 461 silver beach Parcel # 56434228350410020 MLS#: RX-11068125 & 451 silver beach parcel # 56434228350410030 MLS#: RX-11068096. A total of four income-producing units with existing tenants and significant upside potential through rental increases.** Two Adjacent Duplexes being sold together. (Four Units Total) ($225,000 per door) 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)* Current Lease Details below: **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 **Unit 3: 2 bed 1 bath -lease expires 9/26 - $1,700 per month **Unit 4: 2 bed 1 bath - lease expires 2/26 -$1,800 per month. Below-Market Rents: Current leases provide opportunity to increase rents to market rates upon renewal Projected Gross Rental Income: If all units are rented at market rates, estimated gross income could reach $7,600 to $8,000 per month 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

Looking for more information on 1/461 Silver Beach Rd?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties sold nearby

SoldMay 8, 2026
$350,000
34 West 34th Street
Riviera Beach FL 33404
2
Duplex
Listing courtesy of Miami Dream Properties Inc. and Rook Realty LLC
SoldMay 1, 2026
$1,365,000
56 West 12th Street
Riviera Beach FL 33404
8
Duplex
Listing courtesy of BAWONS Properties, Inc
SoldApr 30, 2026
$380,000
1/920 West 36th Street
Riviera Beach FL 33404
2
Duplex
Listing courtesy of Woolf Realty Inc.

Other properties sold by Keyes

SoldMay 11, 2026
$279,500
2273 Southeast Melaleuca Boulevard
Port St. Lucie FL 34952
3
2
1
Single-Family
Listing courtesy of Keyes
SoldApr 28, 2026
$405,000
1/451 Silver Beach Rd
Riviera Beach FL 33404
Duplex
Listing courtesy of Keyes and New Empire Realty, Inc.
SoldApr 23, 2026
$240,000
B/8536 Casa Del Lago
Boca Raton FL 33433
2
2
Condo
Listing courtesy of Keyes and Dezer Platinum Realty LLC

Browse properties sold in nearby areas

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent