Sold

1263 W 27th Street, Riviera Beach, FL 33404

Beds
3
Bath
1
Sqft
1,360
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRICHARD PETERS REALTY LLC
  • 3
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Overview

Incredibly rare nearly turnkey light fixer upper CBS-constructed home in one of the most rapidly appreciating pockets of Palm Beach County. The owner’s early retirement offers you the unique opportunity to secure this well-maintained residence at an unheard of price in this market. Some light TLC may be needed, but little to no major issues with huge built-in upside. So what makes this place so special? 1) Priced as a 2 bed. Currently configured as a 2/1, but county records reflect a 3/1 layout. Easily convertible back to a 3 bedroom for instant value-add and increased resale or rental income. 2) Attached 1-car garage with dedicated laundry area. 3) Impact windows and doors throughout, providing energy-efficiency and storm-readiness. 4) Large private fenced-in yard, ideal for pets, outdoor entertaining, or simply enjoying your own slice of Florida sunshine. 5) Lowest price per sq ft in the area: unmatched value with major equity potential baked in. 6) Fantastic location close to shopping and entertainment, and only 10 minutes to the beach. This property offers the best of both worlds: a solid structure with livability and clear paths to increased equity. Whether you're an investor looking for a quick turnaround / rental income or a future homeowner wanting to create custom value, this one checks all the boxes. Roof may require a few internal repairs, such as replacing roof trusses affected by termite damage. Investor notes: LTR: 1,400 /mo current (lease ending in May), 2,200 /mo potential w/o updates, 2,500 /mo if converted back to a 3 bed. Very little nearby competition. STR: 40k gross /yr, at only half year occupancy. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. Ask me anything, big or small. If this is “NOT ON MY MLS,” disclosures and MLS info sheet available. No assignable contracts accepted.

Location

Full feature list

Basic info

Property type
House
Number of bedrooms
3
Number of bathrooms
1
Square feet
1,360
Lot size (acres)
0.19
Year built
1968

Garage and parking

Garage parking spaces
1

Utilities

Heating
Electric
Cooling
Central air, Wall/window unit(s)
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$3,070.92

Public schools

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Sourced from: Stellar MLS MLS®#: TB8376729 Last checked:

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