$279,000 for Sale
1263 w 27th street, riviera beach, FL 33404
Beds 3 | Baths 1 | 1,048 Sqft | 0.19 Acres |
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Property Description
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.
General Information
Sale Price: $279,000
Price/SqFt: $266
Status: Active
MLS#: TB8376729
City: riviera beach
Post Office: riviera beach
County: Palm Beach
Subdivision: monroe heights
Acres: 0.19
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 1,048 sq.ft.
Acreage: 0.19 est.
Year Built: 1968
Property Type: Single Family Residence
Style:
Features & Room Sizes
Paved Road: Asphalt
Construction: Block, Stucco
Exterior Misc: Garden
Basement: No
Foundation : Slab
Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
Cooling: Central Air, Wall/Window Unit(s)
Heating: Electric
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $3,071
Legal Description: MONROE HEIGHTS ADD NO 1 W 2.5 FT OF LOT 12 & LOT 13 BLK 27

Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Alexander Izikson of RICHARD PETERS REALTY LLC, Phone: 352-448-9712