There are multiple listings for this address:
461 Silver Beach Road 1
Riviera Beach, FL, 33403
$850,000
Beds
4 Baths
3,360 SqFt
0.18 Acres
Add
MLS #R11068125 image #0
**NEW ROOF’s Aug 2025****New Water Heaters**This investment opportunity features two side-by-side duplexes in the rapidly growing Riviera Beach area. 2 Duplexes being sold together.
461 silver beach
Parcel # 56434228350410020
MLS#: RX-11068125
&
451 silver beach
parcel # 56434228350410030
MLS#: RX-11068096. A total of four income-producing units with existing tenants and significant upside potential through rental increases.** Two Adjacent Duplexes being sold together. (Four Units Total) ($225,000 per door)
Each unit features two bedrooms and one bathroom with washer/Dryer Hookups
-Each unit is separately metered electric.
High Rental Demand area with strong appreciation potential. *(market rents $2,000 per unit)*

Current Lease Details below: **Unit 1: 2 bed 1 bath -lease expires 5/26-$1,800 per Month
**Unit 2: 2 bed 1 bath -lease expires 1/26 – $1,700 per month **Unit 3: 2 bed 1 bath -lease expires 9/26 – $1,700 per month
**Unit 4: 2 bed 1 bath – lease expires 2/26 -$1,800 per month.
Below-Market Rents: Current leases provide opportunity to increase rents to market rates upon renewal
Projected Gross Rental Income: If all units are rented at market rates, estimated gross income could reach $7,600 to $8,000 per month
Separate Meters: Tenants pay their own utilities, reducing landlord expenses
Long-Term Leases: Leases secured through 2025 and 2026, ensuring stable cash flow
High Occupancy and Demand: Riviera Beach remains a competitive rental market with increasing property values
Why Invest in Riviera Beach?
Riviera Beach is experiencing major redevelopment, making it a prime location for real estate investment. Local improvements include:
Riviera Beach Marina Redevelopment, a multimillion-dollar waterfront revitalization increasing property values
Expansion of luxury residential and mixed-use developments, strengthening rental demand
New infrastructure projects, including road expansions and commercial growth
Close proximity to Singer Island, Palm Beach Gardens, and Downtown West Palm Beach
Ideal for Investors Looking For:
Turnkey Cash Flow Opportunity: Fully leased units with immediate potential for rental increases
Strong Market Appreciation: Rapidly growing area with long-term value potential
1031 Exchange Investment: Excellent opportunity for reinvestment and tax benefits
Listing Provided Courtesy of The Keyes Company

Property Details

Price:
$850,000
MLS #:
R11068125
Status:
Active
Beds:
0
Baths:
4
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
PARK MANOR 6
Neighborhood:
5270
Listed Date:
Jan 13, 2026
Finished Sq Ft:
3,360
Total Sq Ft:
3,876
Lot Size:
7,841 sqft / 0.18 acres (approx)
Year Built:
1964
Units:
4
Park Manor 6

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Schools

Interior

Cooling
Wall/Window Unit(s)
Flooring
Terrazzo
Heating
Window/Wall

Exterior

Association Amenities
Baseball/Softball Field, Boating, Park, Playground, Sidewalks, Street Lights
Construction Materials
CBS
Roof
Composition

Financial

Net Operating Income
$76,400
Tax Year
2024
Taxes
$5,705

Map

Community

Market Summary

Current real estate data for Multi Family in Riviera Beach as of Feb 03, 2026
17
Multi Family Listed
24
Avg DOM
393
Avg $ / SqFt
$905,294
Avg List Price

Property Summary

    Located in the PARK MANOR 6 subdivision, 461 Silver Beach Road 1 Riviera Beach FL is a Multi Family for sale in Riviera Beach, FL, 33403. It is listed for $850,000 To schedule a showing of MLS#r11068125 at 461 Silver Beach Road 1 in Riviera Beach, FL, contact your Stonecrest International Realty agent at 561-707-9933.

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461 Silver Beach Road 1
Riviera Beach, FL
461 Silver Beach Road 1
Riviera Beach, FL, 33403
$425,000
Beds
2 Baths
1,680 SqFt
0.19 Acres
Add
MLS #R11111891 image #0
**NEW ROOF’s Aug 2025****New Water Heaters**This investment opportunity features two side-by-side duplexes in the rapidly growing Riviera Beach area. 2 Duplexes being sold together.
461 silver beach
Parcel # 56434228350410020
MLS#: RX-11068125
&
451 silver beach
parcel # 56434228350410030
MLS#: RX-11068096. A total of four income-producing units with existing tenants and significant upside potential through rental increases.** Two Adjacent Duplexes being sold together. (Four Units Total) ($225,000 per door)
Each unit features two bedrooms and one bathroom with washer/Dryer Hookups
-Each unit is separately metered electric.
High Rental Demand area with strong appreciation potential. *(market rents $2,000 per unit)*

Current Lease Details below: **Unit 1: 2 bed 1 bath -lease expires 5/26-$1,800 per Month
**Unit 2: 2 bed 1 bath -lease expires 1/26 – $1,700 per month **Unit 3: 2 bed 1 bath -lease expires 9/26 – $1,700 per month
**Unit 4: 2 bed 1 bath – lease expires 2/26 -$1,800 per month.
Below-Market Rents: Current leases provide opportunity to increase rents to market rates upon renewal
Projected Gross Rental Income: If all units are rented at market rates, estimated gross income could reach $7,600 to $8,000 per month
Separate Meters: Tenants pay their own utilities, reducing landlord expenses
Long-Term Leases: Leases secured through 2025 and 2026, ensuring stable cash flow
High Occupancy and Demand: Riviera Beach remains a competitive rental market with increasing property values
Why Invest in Riviera Beach?
Riviera Beach is experiencing major redevelopment, making it a prime location for real estate investment. Local improvements include:
Riviera Beach Marina Redevelopment, a multimillion-dollar waterfront revitalization increasing property values
Expansion of luxury residential and mixed-use developments, strengthening rental demand
New infrastructure projects, including road expansions and commercial growth
Close proximity to Singer Island, Palm Beach Gardens, and Downtown West Palm Beach
Ideal for Investors Looking For:
Turnkey Cash Flow Opportunity: Fully leased units with immediate potential for rental increases
Strong Market Appreciation: Rapidly growing area with long-term value potential
1031 Exchange Investment: Excellent opportunity for reinvestment and tax benefits
Listing Provided Courtesy of The Keyes Company

Property Details

Price:
$425,000
MLS #:
R11111891
Status:
Active
Beds:
0
Baths:
2
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
PARK MANOR 6
Neighborhood:
5270
Listed Date:
Jan 13, 2026
Finished Sq Ft:
1,680
Total Sq Ft:
3,876
Lot Size:
8,276 sqft / 0.19 acres (approx)
Year Built:
1964
Units:
4
Park Manor 6

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
Wall/Window Unit(s)
Flooring
Terrazzo
Heating
Window/Wall

Exterior

Association Amenities
Baseball/Softball Field, Boating, Park, Playground, Sidewalks, Street Lights
Construction Materials
CBS
Roof
Composition

Financial

Net Operating Income
$76,400
Tax Year
2024
Taxes
$5,705

Map

Community

Market Summary

Current real estate data for Multi Family in Riviera Beach as of Feb 03, 2026
17
Multi Family Listed
24
Avg DOM
393
Avg $ / SqFt
$905,294
Avg List Price

Property Summary

    Located in the PARK MANOR 6 subdivision, 461 Silver Beach Road 1 Riviera Beach FL is a Multi Family for sale in Riviera Beach, FL, 33403. It is listed for $425,000 To schedule a showing of MLS#r11111891 at 461 Silver Beach Road 1 in Riviera Beach, FL, contact your Stonecrest International Realty agent at 561-707-9933.

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