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1263 W 27TH STREET

Palm Beach, RIVIERA BEACH

$ 279.000,00

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.

Property Details

  • Property Code : TB8376729

  • Price : $ 279.000,00

  • Area : 1048 Sq Ft

  • Building Area : 1360 Sq Ft

  • Year of Construction : 1968

  • Property Category : Single Family Residence

  • Bedroom : 3

  • Bathroom : 1

  • Garage : 1

  • Available on Market : 21/04/2025

  • Property Status : Residential Active

  • New Construction : No

More Information

  • Pets Allowed: No


  • Annual Tax: $ 3.070,92


  • Tax Year: 2024


  • Air Conditioning: Central Air, Wall/Window Unit(s)


  • Heating: Electric


  • Public Utility Services: Electricity Connected, Sewer Connected, Water Connected


  • Water Source: Public


  • Laundry: Electric Dryer Hookup, In Garage, Washer Hookup


  • Home Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator


  • Rental use: No Minimum


  • HOA: /mo


  • Floor: Carpet, Tile, Vinyl


  • Interior: Ceiling Fan(s), Primary Bedroom Main Floor


  • Window:


  • Other Structures:


  • Construction Materials: Block, Stucco


  • Outside: Garden


  • Pool:


  • Patio and Porch Features:


  • Foundation: Slab


  • Parking:


  • Ceiling: Shingle


  • Road Type: Asphalt


  • Architectural Style:


Location 1263 W 27TH STREET

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See Also

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