173 W 18th Street, Riviera Beach, FL 33404

173 W 18th Street, Riviera Beach, FL 33404

$365,000
Price

1,228

Property Type:

Single Family Residence

Status:

Active

Listing ID:

R11142554

Year Built:

1960

Lot Area:

5,117

5-bedroom, 1-bath tenant-occupied house. Excellent cash flow, underwrites to a 7.5% cap rate after adjusting property taxes upward for new ownership.This property generates $3,395 in monthly rent ($40,740 gross annual rent) and the current lease runs through July 2026. Tenants pay all utilities for low operating expenses Four point inspection report available.

Basic Details

Listing Type: For Sale
Price: $365,000
Bedrooms: 5
Bathrooms: 1
Square Footage: 1,228
Full Bathrooms: 1
Property Sub Type: Single Family Residence

Features

Cooling System: Central Air
Parking: Driveway, Two or More Spaces
Sewer: Public Sewer
Heating system: Central
Flooring Type: Ceramic Tile
Private Pool: None
Pets Allowed: Yes
Furnished: Negotiable

Extended Details

Interior Features: Closet Cabinetry,Entrance Foyer
Virtual Tour URL: Virtual Tour URL
Subdivision: SMITH ADD IN
Construction: Block
Terms Considered: Cash,Conventional,1031 Exchange,FHA,VA Loan
Utilities: Electricity Available,Sewer Available,Water Available
Lot Description: < 1/4 Acre
Private Pool:
Courtesy of: 49 Units, LLC
Building Size: 1573
Community Features: Non-Gated
Lot Size Dimensions: < 1/4 Acre
Mls Status: Active
On Market Date: 2025-11-17
Status Change Timestamp: 2025-11-21T00:00:00Z
Stories Total: 1
Tax Annual Amount: 3677.0
Video Url: https://www.zillow.com/view-imx/a19b2475-a60e-47b8-97ff-bbd28249d40a?initialViewType=pano
Water Source: Public
Originating System Name: FTL