1661 W 27th Street, Riviera Beach, FL 33404
- Added:
- Aug 22, 2025
- Days on Market:
- 293
- Last Refresh:
- Jun 10 at 6:06 am
Property Features for 1661 W 27th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM-15(
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 1
- Standard status
- Pending
- APN
- 56434229600000061
- Size
- 2,088 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- TIMBER PINE WEST UNIT A BLDG 6 A/K/A TH PT OF LTS 16 & 17 ALLISON PARK IN OR4375P1798
- Tax Annual Amount
- 1753
Utilities
- Utilities
- Cable Available
- Heating system
- Central
- Cooling system
- Central Air, Ceiling Fan(s)
Building Details
- Year built
- 1984
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate, Tile - Ceramic
- Building materials
- CBS, Concrete
- Roof type
- Composition
Listing agent Jeffrey Tuchklaper License #3361983 (954) 599-8991
Listing office Compass Florida, LLC 1212 Lincoln Rd Suite 113, Miami Beach, FL (305) 851-2820
Listing date Aug 22, 2025
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex built in 1984 with central heating and central air conditioning
- Each unit offers 3 bedrooms and 2 bathrooms with open living space
- Washer and dryer inside each unit
- Updated kitchens and bathrooms
- Interior flooring includes tile (ceramic) and laminate
- Roof: composition (brand new roof going up)
Overview
The property is located in Riviera Beach, Florida, in Palm Beach County. The seller is offering this duplex along with an adjacent duplex at 1669 W 27th St., which can support buyers looking to expand their residential income portfolio with a nearby second asset.
From an investor or owner-occupant perspective, the configuration offers straightforward rental setup: two complete, self-contained residences with modernized interior finishes and in-unit laundry. Updated kitchens, updated baths, and open living spaces can help attract and retain tenants, while the planned roof replacement provides added durability for the long-term holding strategy. This is a practical duplex offering for buyers who want turnkey presentation and an efficient two-unit income profile, with an opportunity to consider the adjacent property as well.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.6k | $25.20 |
| − Vacancy | −$2.9k | −$1.39 |
| EGI | $49.7k | $23.81 |
| − OpEx | −$14.9k | −$7.14 |
| NOI | $34.8k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Riviera Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.082202
- Latitude
- 26.784955
