1263 W 27TH ST new Save Request In-Person Tour Request Virtual Tour
Riviera Beach,FL 33404
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,048 sqft
Price per Sqft $266
Subdivision Monroe Heights
MLS Listing ID TB8376729
Bedrooms 3
Full Baths 1
HOA Y/N No
Originating Board Stellar MLS
Year Built 1968
Annual Tax Amount $3,070
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Single Family Residence
Property Description
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.
Location
State FL
County Palm Beach
Community Monroe Heights
Area 33404 - West Palm Beach
Zoning RS8
Interior
Interior Features Ceiling Fans(s),Primary Bedroom Main Floor
Heating Electric
Cooling Central Air,Wall/Window Unit(s)
Flooring Carpet,Tile,Vinyl
Fireplace false
Appliance Dishwasher,Electric Water Heater,Range,Refrigerator
Laundry Electric Dryer Hookup,In Garage,Washer Hookup
Exterior
Exterior Feature Garden
Garage Spaces 1.0
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8376729