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1518 W 20th Street 1, Riviera Beach, FL 33404 (MLS# R10463325)

1518 W 20th Street 1, Riviera Beach, FL 33404

$385,000

Property Type: Residential Income Square Footage: 3,314 Status: Closed

Current Price: $385,000 List Date: 9/12/2018 Last Modified: 5/22/2026

Overview

Description

VERY WELL KEPT CBS FOURPLEX ON A VERY QUIET DEAD END STREET WITH ALL SINGLE FAMILY HOMES AND A CHURCH. THREE MINUTES WALK TO CHURCH, THE NEW SUNCOAST HIGH SCHOOL, JOHN F KENNEDY MIDDLE SCHOOL AND ELEMENTRY SCHOOL. ABOUT 10 MINUTES TO SINGER ISLAND BEACH, PALM BEACH PORT AUTHORITY AND PEANUT ISLAND. FRESHLY PAINTED IN AND OUT, WALL TO WALL CERAMIC TILE, LARGE PRIVATE BACKYARD, PRIVATE PARKING JUST OUTSIDE THE FRONT DOOR. CLOSE TO SHOPPING, RESTAURANTS, BANKS, HOSPITAL, I95 ETC. EXCELLENT INVESTMENT OPPORTUNITY, GREAT RENTAL AREA, ALWAYS FULL. RENTS ARE 10% TO 25% BEL0W MARKET RENT. ONLY ONE TENANT HAS A LEASE THAT WILL END ON NOVEMBER 30TH 2018. MUST SEE TO APPRECIATE. OWNER/AGENT

Listing Details MLS# R10463325

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 3314
Building Area Source: Public Records
Living Area Main: 2970
Year Built: 1967
Lot Size Area: 7976
Lot Size Acres: 0.18
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 2
Pool Private YN: No

Property Features

Association Amenities: Picnic Area; Street Lights Documents Available: Copy Of Lease(s); Deposit - Security; Inventory Electric: Three Phase Fencing: Fenced Flooring: Ceramic Tile Property Condition: Resale Tenant Pays: Cable TV; Electricity Source Of Expenses: Owner Provided Construction Materials: CBS; Concrete Cooling: Wall/Window Unit(s) Heating: Space Heater Listing Terms: Cash; Conventional Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Occupied Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Covered Patio Details: Patio - Open Unit 1 Appliances: Range; Refrigerator Unit 1 Interior Features: Stack Bedroom Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings Unit 1 Parking Features: Open Parking; Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Disposal; Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Open Parking; Parking Space Unit 2 Rooms: Kitchen Unit 3 Appliances: Range; Refrigerator Unit 3 Interior Features: Stack Bedroom Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 3 Parking Features: Open Parking; Parking Space Unit 3 Rooms: Kitchen Unit 4 Appliances: Range; Refrigerator Unit 4 Interior Features: Stack Bedroom Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 4 Parking Features: Open Parking; Parking Space Unit 4 Rooms: Kitchen Contingencies: Financing Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 429000
Owner Phone: 561-301-9745

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 1518
Street Direction Prefix: W
Street Name: 20th
Street Suffix: Street
Unit Number: Yes
City Name: Riviera Beach
State Or Province: FL
Postal Code: 33404
Postal Zip: 33404
Subdivision Name: ACREHOME PARK THIRD ADD
Area: 5280
Geographic Area: PB26
Elementary School: Dr. Mary McLeod Bethune (Palm Beach)
Middle Or Junior School: John F. Kennedy (Palm Beach)
High School: William T. Dwyer
Parcel Number: 56434229040100390
Zoning: RS-8(c
Directions: Blue Heron Blvd to Ave S, south to 20th Street, east to property at the deadend.
Multiple Offers Accepted: Yes

Financial Information

Tax Annual Amount: 2087.03
Tax Year: 2017
Tax Legal Description: ACREHOME PARK 3RD ADD CORRECTED LTS 39, 40 & 41 BLK 10

Status Change Information

Major Change Timestamp: 2018-11-12T22:22:59Z
Major Change Type: Status Change
Status Change Date: 2018-11-12
Under Contract Date: 2018-09-25
Close Date: 2018-11-06
Close Price: 385000
Buyer Financing: Conventional

More Information

Meter Information

Separate Electric Meters YN: Yes
Separate Water Meters YN: No

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Annual Total Expense: 6412
Gross Income: 45300
Net Operating Income: 38888

Unit 1 Details

Actual Rent: 900
Baths Full: Yes
Furnished: Unfurnished
SqFt: 742

Unit 2 Details

Actual Rent: 900
Baths Full: Yes
Furnished: Unfurnished
SqFt: 742

Unit 3 Details

Actual Rent: 875
Baths Full: Yes
SqFt: 742

Unit 3 Lease Description

Lease Expiration: 2018-11-30

Unit 4 Details

Baths Full: Yes
SqFt: 742
Actual Rent: 0

Price Calculations

Current Price To SqFt: 129.62
Original List Price To Close Price: 1.11

Originating Details

Originating System Key: 20180910121632461238000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

Picnic Area: Yes
Street Lights: Yes

Electric

Three Phase: Yes

Flooring

Ceramic Tile: Yes

Property Condition

Resale: Yes

Special Information

Sold As-Is: Yes

Documents Available

Copy Of Lease(s): Yes
Deposit - Security: Yes
Inventory: Yes

Fencing

Fenced: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

View

City: Yes

Heating

Space Heater: Yes

Water Access

None: Yes

Construction Materials

CBS: Yes
Concrete: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Composition: Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Wall/Window Unit(s): Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Occupied: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Balcony: Yes
Patio: Yes

Balcony Details

Balcony - Covered: Yes

Patio Details

Patio - Open: Yes

Contingencies

Financing: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Interior Features

Stack Bedroom: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes
Window Coverings: Yes

Unit 1 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 1 Rooms

Kitchen: Yes

Unit 2 Appliances

Disposal: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 2 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 2 Rooms

Kitchen: Yes

Unit 3 Appliances

Range: Yes
Refrigerator: Yes

Unit 3 Interior Features

Stack Bedroom: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 3 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 3 Rooms

Kitchen: Yes

Unit 4 Appliances

Range: Yes
Refrigerator: Yes

Unit 4 Interior Features

Stack Bedroom: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 4 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 4 Rooms

Kitchen: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Listing Office: Highlight Realty Corp/LW

Last Updated: May - 22 - 2026

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1518 W 20th Street 1, Riviera Beach, FL 33404 (MLS# R10463325)