$849,900
Estimated Payment$4,014/mo
Multi-Family For SalePrice Drop -$20,000

1634 W 9th Street, Riviera Beach, FL 33404

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3,848Sq. Ft.
1-Story Multi-Family Home In Riviera Heights

In early 2021, this quadplex received a brand new roof, 4 brand new electrical panels & 4 brand new central Ac units for every unit. Unit 4 is completely remodeled (new kitchen cabinets, quartz countertops, new stove, new dishwasher, new bathtub, new vanity). All floors are tiled except unit 2 has carpet. One unit is currently earning $1650, the other units are paying $1500, $1350 & $1450. The projected income ($1650 rent per unit - $12,567 for taxes & insurance (see attached tax return)) is $66,633 which is more than a 7.8% Cap rate. All 4 units have long term renters (2 tenants are month to month and 2 tenants' leases expire in December & February 2023).

1634 W 9th Street is a multi family-home located in Palm Beach, the 33404 ZIP Code, and the Dr. Mary McLeod Bethune Elementary School, John F. Kennedy Middle School, and William T. Dwyer High School attendance zones.

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1634 W 9th Street
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Location
1634 W 9th Street Riviera Beach, FL 33404
Home Details

Listing Details

General

  • Total Number of Units: 4

    Interior Details

    General

    • Flooring: Tile

      Utilities

      • Utilities: Cable, Electric, Public Sewer, Public Water, Water Available
      • Heating Details: Central, Electric
      • Cooling Details: Ceiling Fan, Central, Electric

      Rooms

      • Rooms: 4

        Financial Details

        Tax Details

        • Annual Tax Amount: 8979
        • Zoning: Rs 6

        Property Details

        Construction Details

        • Construction Materials: Cbs, Stucco
        • Roof: Comp Shingle, Other

        General

        • Stories: 1
        • Lot Features: 1 4 Acre

        Location Details

        View

        • View Details: Garden

          MLS Details

          General

          • Days on Homes.com: 59
          • MLS Number: RX-10807469
          • Listed: 6/10/2022
          • Last Updated: 8/8/2022
          • Offered By: Seawinds Realty
          • Listing Source: Beachesmls
          Monthly Payment Calculator

          $4,014

          Estimated Mortgage
          Principal & Interest
          $2,867
          Insurance
          $297
          Taxes
          $850
          Mortgage Insurance
          $0
          i
          Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
          i
          If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
          Price History
          • DateEventPrice
          • 08/08/2022$20,000$849,900
            Source: BeachesMLS
          • 06/10/2022listed$869,900
            Source: BeachesMLS
          Nearby Schools
          School data provided by GreatSchools
          i
          The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs and consider family needs as a part of the school selection process.
          Points of Interest

          Airports

          Distance
          • Palm Beach International
            10.7 mi

          Colleges

          Distance
          • Palm Beach Atlantic University
            6.5 mi

          Shopping Centers

          Distance
          • Stony Plaza
            0.2 mi
          • Park Plaza
            1.5 mi
          • Poinciana Plaza
            1.8 mi
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          Listing Agent
          Dylan Magdos
          Seawinds Realty
          Riviera Beach, FL
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          $849,900

          3,848 Sq. Ft.

          1634 W 9th Street

          Riviera Beach, FL 33404

          Dylan Magdos
          Seawinds Realty