1263 W 27TH STREET
RIVIERA BEACH, FL, 33404
$278,500
3 Beds
1 Baths
1,360 SqFt
0 Acres
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Open House Apr 26, 2025
09:00 – 10:00
*OPEN Sat 4/26 9am-10am. Contact listing agent for access details* Incredibly rare nearly turnkey 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 absolutely 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 immediate 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. 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,” please reach out to the listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.

Property Details

Price:
$278,500
MLS #:
TB8376729
Status:
Active
Beds:
3
Baths:
1
Address:
1263 W 27TH STREET
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
MONROE HEIGHTS
Neighborhood:
33404 – West Palm Beach
City:
RIVIERA BEACH
Listed Date:
Apr 21, 2025
State:
FL
Finished Sq Ft:
1,360
Total Sq Ft:
1,360
ZIP:
33404
Year Built:
1968
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Interior

Appliances
Dishwasher, Electric Water Heater, Range, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air, Wall/ Window Unit(s)
Flooring
Carpet, Tile, Vinyl
Heating
Electric
Laundry Features
Electric Dryer Hookup, In Garage, Washer Hookup

Exterior

Construction Materials
Block, Stucco
Exterior Features
Garden
Roof
Shingle

Financial

Tax Year
2024
Taxes
$3,071

Map

Community

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1263 W 27TH STREET
RIVIERA BEACH, FL