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Headshot for Associate Michelle Hill
  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177
  4. 229.834.4988
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  4. 1263 27th Street, RIVIERA BEACH, FL 33404
1263 27th Street, RIVIERA BEACH, FL 33404
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1263 27th Street
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  • MLS#: TB8376729 ( Residential )
  • Street Address: 1263 27th Street
  • Viewed: 17
  • Price: $274,000
  • Price sqft: $201
  • Waterfront: No
  • Year Built: 1968
  • Bldg sqft: 1360
  • Bedrooms: 3
  • Total Baths: 1
  • Full Baths: 1
  • Garage / Parking Spaces: 1
  • Days On Market: 43
  • Additional Information
  • Geolocation: 26.7847 / -80.0757
  • County: PALM BEACH
  • City: RIVIERA BEACH
  • Zipcode: 33404
  • Subdivision: Monroe Heights
  • Provided by: RICHARD PETERS REALTY LLC
  • Contact: Alexander Izikson
  • 352-448-9712
  • mfrmls
  • DMCA Notice
  • Description
    Incredibly rare nearly turnkey light fixer upper CBS constructed home in one of the most rapidly appreciating pockets of Palm Beach County. The owners 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.
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Property Location and Similar Properties
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Similar
Features
Appliances
  1. Dishwasher
  2. Electric Water Heater
  3. Range
  4. Refrigerator
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
  2. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Garden
Flooring
  1. Carpet
  2. Tile
  3. Vinyl
Garage Spaces
  1. 1.00
Heating
  1. Electric
Insurance Expense
  1. 0.00
Interior Features
  1. Ceiling Fans(s)
  2. Primary Bedroom Main Floor
Legal Description
  1. MONROE HEIGHTS ADD NO 1 W 2.5 FT OF LOT 12 & LOT 13 BLK 27
Levels
  1. One
Living Area
  1. 1048.00
Area Major
  1. 33404 - West Palm Beach
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 56-43-42-29-15-027-0121
Property Type
  1. Residential
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 42
Utilities
  1. Electricity Connected
  2. Sewer Connected
  3. Water Connected
Views
  1. 17
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/TB8376729
Water Source
  1. Public
Year Built
  1. 1968
Zoning Code
  1. RS8
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Headshot for Associate Michelle Hill
  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177
  4. 229.834.4988