Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1669 W 27th Street Riviera Beach, FL 33404

    View on Map
    Claim this Listing
    Pending
    $550,000

    MULTI_FAMILY - Riviera Beach, FL

    Property size:
    2,088 SF
    Lot size:
    0.02 Acres
    Added:
    Aug 22, 2025
    Days on Market:
    237
    Last Refresh:
    Apr 15 at 8:06 pm

    Property Features for 1669 W 27th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RM-15(
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 6, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 2, Bedroom 4, Bathroom 4
    Standard status
    Pending
    APN
    56434229600000072
    Size
    2,088 SF
    Lot size
    0.02 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    TIMBER PINE WEST UNIT B BLDG 7 A/K/A TH PT OF LTS 18 & 19 ALLISON PARK IN OR4375P1798
    Tax Annual Amount
    2227

    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

    We can help!

    Listing Contact
    Jeffrey Tuchklaper

    Listing agent Jeffrey Tuchklaper License #3361983

    Listing office Compass Florida, LLC 605 Lincoln Road 7th Floor, Miami Beach, FL

    Listing date Aug 22, 2025

    MLS# R11117779 Listing URL

    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.

    Overview

    Updated Duplex in Riviera Beach

    This updated duplex is located in Riviera Beach, Florida. Each unit features 3 bedrooms and 2 bathrooms, along with a washer and dryer. The kitchens and bathrooms have been fully updated, and each unit offers an open living space. The property is currently rented out for $4600 per month. The lot size is 0.02 acres and the property size is 2088 square feet. A brand new roof is being installed. This property is intended for investors. The owner is also selling the adjacent duplex at 1661 W 27th St.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Riviera Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0824226
    Latitude
    26.7849072

    Nearby Similar for Sale

    • $120,000

      Established Restaurant in Riviera Beach

      Turn-key Caribbean restaurant with seller financing in Riviera Beach, FL.
      9999 W Blue Heron Boulevard, Riviera Beach, FL 33404
      View Details
    • $485,000
      1,588 SF

      Income-Producing Triplex in Riviera Beach

      Well-maintained triplex with strong rental demand and income potential.
      182 W 34th Street, Riviera Beach, FL 33404
      View Details
    • $350,000
      1,284 SF

      Riviera Beach Turnkey Duplex

      Turnkey duplex near shopping, dining, airport, and beach.
      1340 W 33rd Street, Riviera Beach, FL 33404
      View Details
    • $950,000
      3,080 SF

      Riviera Beach Duplex Townhomes

      Newly constructed duplex with spacious townhomes in Riviera Beach.
      1547 W 26th Court, Riviera Beach, FL 33404
      View Details
    • $399,000
      1,416 SF

      Renovated Duplex Near Beaches

      Turnkey duplex near Intracoastal, beaches, and downtown.
      112 W 34th Street S, Riviera Beach, FL 33404
      View Details
    • $1,450,000
      4,161 SF

      New Triplex Townhomes in Riviera

      Newly constructed triplex with spacious townhomes, great investment opportunity.
      1559 W 26th Court, Riviera Beach, FL 33404
      View Details
    • $2,750,000
      2,176 SF

      Stabilized Room-Rental Portfolio Opportunity

      Turnkey investment: four homes, 31 rooms, 100% occupied.
      1075 W 30th Street, Riviera Beach, FL 33404
      View Details
    • $677,000
      756 SF

      Riviera Beach Multifamily Property

      Multifamily property in Riviera Beach, Florida, with central AC.
      2721 Avenue S, Riviera Beach, FL 33404
      View Details
    • $335,000
      1,000 SF

      Riviera Beach Flex Condo

      Corner flex condo in established industrial park with drive-in access.
      3680 Investment Lane, Riviera Beach, FL 33404
      View Details
    • $550,000
      2,088 SF

      Updated Duplex in Riviera Beach

      Well-maintained duplex with updated units, new roof upcoming.
      1661 W 27th Street, Riviera Beach, FL 33404
      View Details
    • $850,000
      2,400 SF

      New Duplex in Riviera Beach

      Newly constructed duplex with modern amenities and strong rental income.
      1546 West 26th Court, Riviera Beach, FL 33404
      View Details
    • $679,000
      756 SF

      Riviera Beach Quadplex For Sale

      Quadplex in Riviera Beach, Florida, with central AC.
      2721 Avenue Avenue S, Riviera Beach, FL 33404
      View Details

    FAQs

    What type of property is this?
    Duplex - Updated duplex with 3 beds, 2 baths in each unit.
    Where is this duplex located?
    The property is located at 1669 W 27th Street Riviera Beach, FL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Currently rented for $4600/month, ideal for investors.; Each unit features 3 beds and 2 baths.; Washer & Dryer inside each unit.
    (954) 599-8991
    We can help!
    Listing Contact
    Jeffrey Tuchklaper
    Real Estate License ID: 3361983
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!