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940 W 36th Street 1

Riviera Beach , FL 33404

MLS#: R11169387

$389,900

Status: Active
Listing number: R11169387
Listing provided by: Woolf Realty Inc.
Listing agent phone: None
Last update: 2 days ago
On site: 27 days ago
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RAIN-BOW GARDENS - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1980

Sq.Footage

1,680

Well-maintained CBS duplex investment property featuring two 2-bedroom, 1-bath units with four total parking spaces, two per unit, and separate electric and water meters. Fully leased with tenants in place, providing stable and consistent rental income. Unit #1 rents for $1,500 per month, lease ends 12/31/2026, and Unit #2 rents for $1,691 per month, lease ends 10/31/2026, totaling $3,191 per month, $38,292 annually. Security deposits held by landlord and rent due on the first of each month. Property features updated windows, roof installed in 2019, and central A/C in both units, including a brand-new A/C in Unit #1. Each unit includes washer and dryer hookups and assigned parking. Ideal for investors seeking immediate cash flow. Cash or conventional financing only—no FHA. Strong escrow deposit required, 5 day inspection period. If financed, loan approval within 20 days and appraisal within the first 14 days. Contract is not assignable. Any permitted assignment must be to an entity solely owned and controlled by Buyer, 100% ownership; Buyer shall remain liable. Limited access—showings by appointment only and require coordination.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Block, Stucco

  • Other Exterior Features

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.13

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $389,900

  • Tax Amount

    $3,867

  • Sq. Footage

    1, 680

  • Price/SqFt

    $232

HOA

  • Association

    No

School District

  • Elementary School

    Lincoln

  • Middle School

    John F. Kennedy (Palm Beach)

  • High School

    Palm Beach Gardens

Property Features

  • Stories

    1

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Palm Beach

Elementary School

Lincoln

Middle School

John F. Kennedy (Palm Beach)

High School

Palm Beach Gardens

Listing Courtesy of Jonathan Woolf , Woolf Realty Inc.

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Well-maintained CBS duplex investment property featuring two 2-bedroom, 1-bath units with four total parking spaces, two per unit, and separate electric and water meters. Fully leased with tenants in place, providing stable and consistent rental income. Unit #1 rents for $1,500 per month, lease ends 12/31/2026, and Unit #2 rents for $1,691 per month, lease ends 10/31/2026, totaling $3,191 per month, $38,292 annually. Security deposits held by landlord and rent due on the first of each month. Property features updated windows, roof installed in 2019, and central A/C in both units, including a brand-new A/C in Unit #1. Each unit includes washer and dryer hookups and assigned parking. Ideal for investors seeking immediate cash flow. Cash or conventional financing only—no FHA. Strong escrow deposit required, 5 day inspection period. If financed, loan approval within 20 days and appraisal within the first 14 days. Contract is not assignable. Any permitted assignment must be to an entity solely owned and controlled by Buyer, 100% ownership; Buyer shall remain liable. Limited access—showings by appointment only and require coordination.

940 W 36th Street 1

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