$425,000

461 Silver Beach Road 1, Riviera Beach, FL 33403

2 baths |
1,680 sqft

Duplex
Built in 1964
8,276sqft lot
—— car garage
$253/sqft
Listed 6 months ago

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.

Listing Status:: Active
Date Added:: July 31, 2025
Data Last Updated:: February 16, 2026 at 7:19AM
Listing Office:: The Keyes Company : 561-220-0550
Listing Agent:: Michael J Johnston : 561-577-0398
MLS ID:: R11111891

Flooring: Terrazzo
A/C: Wall/Window Unit(s)
Heating: Wall Furnace

General: Outdoor Living Area
Other Structures: PatioCovered

Roofing: Composition
General: Block1

HOA Amenities: BoatingPlaygroundParkSports FieldsSidewalks
Originating MLS: BEACH_BEACH
County: Palm Beach

Zoning: RD-15(PARK MANOR NO 6 LOT 2 BLK 4156434228350410020

Utilities: Sewer AvailableWater Available3 Phase
Water: Public
Sewer: Public Sewer

Source: BEACH_BEACH

This listing courtesy of Michael J Johnston , The Keyes Company

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Lake Park Elementary School

410 3rd St, Lake Park, FL, 33403

Grades PK-5

0.29 miles away

The Conservatory School @ North Palm Beach

401 Anchorage Dr, North Palm Beach, FL, 33408

Grades PK-8

1.29 miles away

Inlet Grove Community High School

600 W 28th St, Riviera Beach, FL, 33404

Grades 9-12

0.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.