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Presented by
Lisa Gallagher |
Renovated duplex on a corner lot in Riviera Beach! This income-producing property features two 2-bedroom, 1-bath units, making it an excellent opportunity for investors or owner-occupants. Each unit offers a bright, open layout with porcelain tile flooring throughout, fresh neutral paint, and abundant natural light. Recent updates include flooring, kitchens, bathrooms, appliances, AC, and windows, providing a turnkey investment opportunity. Both units feature updated kitchens with white shaker cabinetry, granite countertops, and stainless steel appliances. The renovated bathrooms include modern vanities, walk-in showers, and large-format tile. Spacious bedrooms and functional floor plans enhance tenant appeal and long-term rental potential. The roof has over 10 years of useful life remaining, adding value and reducing future maintenance concerns. Each unit has designated parking, with additional street parking available. No HOA. Conveniently located near Peanut Island, Riviera Beach Marina, area beaches, shopping, dining, major highways, and employment centers. Whether you're expanding your portfolio, completing a 1031 exchange, or looking to offset your mortgage with rental income, this updated duplex offers an excellent opportunity to own a low-maintenance multifamily property in a high-demand rental area.
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$449,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.948.6429
Lisa.Gallagher@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.520.1925
Laurie.Berger@raveis.com
NMLS Mortgage Loan Originator ID 12578
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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| Loan Amount | $359,200 | $359,200 | $359,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | $477 | $477 | $477 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,151 | $2,268 | $2,959 |
| Total Monthly Payment | $2,703 | $2,820 | $3,511 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.