940 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#:R11169387
Source:RMLS
Price summary
- Price:$419,000
- Price per sq. ft.:$243.6
About this home
**Terms:** Cash, Conventional, or Seller Financing. **Seller Financing Available:** 15% down payment, 6.5% interest rate, amortized over 30 years with a negotiable balloon payment. Additional terms may apply. **Offer Guidelines:** Large escrow deposit preferred. Financing contingency includes 20-day loan approval, appraisal completed within 14 days, and a 5-day inspection period. Well-maintained CBS duplex investment property featuring two 2-bedroom, 1-bath units with separate electric and water meters and four total parking spaces (two per unit). *see supplement remarks and mls documents* The property is fully leased with stable rental income: • Unit #1: $1,500/month (lease expires 1/1/2027) • Unit #2: $1,691/month (lease expires 11/1/2026) **Total Gross Rental Income:** $3,191/month ($38,292 annually). Security deposits are held by the landlord, and rent is due on the 1st of each month. Property features a 2019 roof, updated windows, and a brand-new central A/C system in Unit #1. Age of the A/C system in Unit #2 is unknown. The windows have been updated but are not impact-rated. Both units include washer/dryer hookups, assigned parking, and separate electric and water meters, helping minimize landlord utility expenses. Approximate annual expenses include insurance of $8,000 per year and lawn maintenance of approximately $500 per year. The property requires minimal exterior maintenance. **See attached documents in the listing for leases, income information, expense details, and additional property information.** This reads well for investors because it highlights the separate meters, low-maintenance nature of the property, and provides enough expense information to start evaluating cash flow....
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Home facts
- Year built:1980
- Listing ID #:R11169387
- Added:95 day(s) ago
- Updated:June 10, 2026 at 01:12 PM
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
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1980
- Building area:1,680 sq. ft.
- 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:$419,000
- Price per sq. ft.:$243.6
- Tax amount:$3,867 (2025)
Parking
- Total parking spaces:4
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