461 Silver Beach Road #1, West Palm Beach, FL 33403

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461 Silver Beach Road #1,West Palm Beach, FL 33403
$425,000
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  • - Beds
  • 2 Baths
  • 1,680 sq. ft.
  • Multi-family
  • Active
Listed by: michael j johnston, maby cuevas
Office: the keyes company
MLS#:R11111891
Source:RMLS

Price summary

  • Price:$425,000
  • Price per sq. ft.:$219.3

About this home

****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

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Home facts

  • Year built:1964
  • Listing ID #:R11111891
  • Added:1 day(s) ago
  • Updated:February 20, 2026 at 08:42 PM

Rooms and interior

  • Total bathrooms:2
  • Living area:1,680 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Composition
  • Year built:1964
  • Building area:1,680 sq. ft.
  • Lot area:0.19 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$425,000
  • Price per sq. ft.:$219.3
  • Tax amount:$6,225 (2024)
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