940 36th Street 1, Riviera Beach, FL 33404
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  • MLS#: R11169387 ( Residential Income )
  • Street Address: 940 36th Street 1
  • Viewed: 53
  • Price: $419,000
  • Price sqft: $244
  • Waterfront: No
  • Year Built: 1980
  • Bldg sqft: 1720
  • Total Baths: 2
  • Days On Market: 47
  • Additional Information
  • Geolocation: 27 / -80
  • County: Palm Beach
  • City: Riviera Beach
  • Zipcode: 33404
  • Subdivision: Rain Bow Gardens
  • Elementary School: Lincoln
  • Middle School: John F. Kennedy (Palm Beach)
  • High School: Palm Beach Gardens
  • Provided by: Woolf Realty Inc.
  • DMCA Notice
  • Description
    Seller Financing Available Flexible Opportunity. Seller financing offered with 15% down, 6.5% interest, amortized over 30 years with a balloon payment (only negotiable term); all other terms fixed. Well maintained CBS duplex investment property featuring two 2BR/1BA units with separate electric and water meters and 4 total parking spaces (2 per unit). Fully leased with stable income: Unit #1 rents for $1,500/month (lease ends 1/1/2027) and Unit #2 rents for $1,691/month (lease ends 11/1/2026), totaling $3,191/month ($38,292 annually). Security deposits held by landlord; rent due on the 1st. Property features updated windows, 2019 roof, and brand new central A/C in Unit #1. Each unit includes washer/dryer hookups and assigned parking. Cash or conventional financing onlyno FHA. Strong escrow deposit required with a 5 day inspection period. Financed offers must include loan approval within 20 days and appraisal within 14 days. Contract not assignable; any permitted assignment must be to an entity 100% owned and controlled by Buyer, with Buyer remaining fully liable.
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Features
Building and Construction
  • Exterior Features: None
  • Flooring: Ceramic Tile
  • Roof: Composition
School Information
  • High School: Palm Beach Gardens
  • Middle School: John F. Kennedy (Palm Beach)
  • School Elementary: Lincoln
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Central Air, Electric
  • Electric: Three Phase
  • Heating: Central, Electric
  • Pets Allowed: Yes, Pet Restrictions Possible
  • Road Frontage Type: West of US-1
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Finance and Tax Information
  • Tax Year: 2025
Rental Information
  • Tenant Pays: Cable TV, Electricity, Sewer, Water
Other Features
  • Legal Description: RAIN BOW GARDEN LT 6
  • Parcel Number: 56434229180000060
  • Views: 53
  • Zoning Code: RM-15(
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