920 W 36th Street #1, Riviera Beach, FL 33404
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: jonathan woolf
Office: woolf realty inc.
MLS#:R11169398
Source:RMLS
Price summary
- Price:$360,000
- Price per sq. ft.:$209.3
About this home
920 W. 36th St., Riviera Beach, FL 33404 is a solid CBS duplex investment opportunity featuring two 2-bedroom, 1-bath units, each approximately 840 sq. ft., with two assigned parking spaces per unit and separate electric and water meters. Both units are tenant occupied with 12-month leases in place, producing a gross annual income of $44,292. Unit #1 rents for $1,874 per month and Unit #2 rents for $1,817 per month, with security deposits held by the landlord.
The property has been well maintained with several recent improvements, including updated windows and newer central A/C systems--Unit #1 installed in 2024 and Unit #2 installed in 2025. The owner is also making a major capital improvement by installing a brand-new roof this year. representing an investment of approximately $10,000-$12,000.
The current homeowner's insurance policy through Citizens Insurance is approximately $12,000 per year due to the older roof, and the new roof is expected to reduce the insurance premium by an estimated $4,000-$5,000 annually once completed and permitted.
Operating expenses are relatively low, with lawn maintenance averaging approximately $1,000 per year. With strong rental income, stable tenants, and a major capital improvement underway, this property presents a turnkey income-producing duplex with solid cash flow and improved long-term operating costs.
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Home facts
- Year built:1980
- Listing ID #:R11169398
- Added:1 day(s) ago
- Updated:March 07, 2026 at 05:41 AM
Rooms and interior
- Total bathrooms:2
- Flooring:Ceramic Tile
- Living area:1,680 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Composition
- Year built:1980
- Building area:1,680 sq. ft.
- Lot area:0.13 Acres
- Construction Materials:Block, Stucco
- Levels:1 Story
Schools
- High school:Palm Beach Gardens
- Middle school:John F. Kennedy (Palm Beach)
- Elementary school:Lincoln
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$360,000
- Price per sq. ft.:$209.3
- Tax amount:$3,993 (2025)
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