1263 W 27TH ST, RIVIERA BEACH, FL, 33404
$279,000
Residential
Bedrooms
3
Bathrooms
1
Living Area
1,048 Sqft
Lot Size
8,210 Sqft
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.
Property Details
Property Features Property Features
MLS ID: MFRTB8376729 Year Built: 1968
Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator Construction Materials: Block, Stucco
Cooling: Central Air, Wall/Window Unit(s) Country: US
Direction Faces: North Exterior Features: Garden
Flooring: Carpet, Tile, Vinyl Foundation Details: Slab
Heating: Electric Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
Levels: One Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant Property Sub Type: Single Family Residence
Property Type: Residential Road Surface Type: Asphalt
Roof: Shingle Sewer: Public Sewer
Showing Requirements: Call Listing Agent, See Remarks Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Electricity Connected, Sewer Connected, Water Connected Water Source: Public
Rooms Rooms
Kitchen: Living Room:
Primary Bedroom:
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