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$274,000

Added 3 months ago

1263 W 27 Th St, Riviera Beach, FL

House

For Sale

Listed price in listed location currency (USD).
$274,000

Added 3 months ago

311048 sqft0
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1048 sqft
Garage Yes
Taxes $3,071
Days Active 81
Lot Size 
Approx. Age 1968
Avg. Price Per Sqft $261
MLS® Number TB8376729

Property Address: 1263 W 27 Th St, Riviera Beach, Florida

Average square foot calculated using Size range provided by listing agent.

Description

Incredibly rare nearly turnkey light fixer upper 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 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.
MLS® NumberTB8376729
Laundry LevelElectric Dryer Hookup, In Garage, Washer Hookup
Central VacNo
FireplaceNo
Acreage0.19
ExteriorGarden
GarageYes
Approx. Age1968
Basement
Driveway
Garage Spaces
HeatElectric
A/CCentral Air, Wall/Window Unit(s)
Heating Fuel

Extras

Rooms

Kitchen:FirstNot available
Other:FirstNot available
Living Room:FirstNot available
1263 W 27 Th St, Riviera Beach, FL

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