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.
- 3
- 0
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
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Stellar MLS MLS®#: TB8376729 Last checked: …
