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$279,000

Est. payment - /mo

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3 Beds

1 Bath

1,048 SqFt

New

1263 W 27TH ST Riviera Beach, FL 33404

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Linda O'Hara

linda.ohara@raveis.com +1(860) 209-7044

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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

Listed by RICHARD PETERS REALTY LLC

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Linda O'Hara

Linda's Team | License ID: CT: 63231 & FL: 3458431

+1(860) 209-7044

1263 W 27TH ST Riviera Beach, FL 33404

Linda O'Hara

Key Details

Location

Interior

Exterior

Building

Others

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1263 W 27TH ST