920 W 36th Street 1 Riviera Beach FL 33404 MLS #R11169398

920 W 36th Street 1
Riviera Beach, FL, 33404
$389,900
Beds
2 Baths
1,680 SqFt
0.13 Acres
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MLS #R11169398 image #0
Solid CBS duplex featuring two 2BR/1BA units, each approx. 840 sq ft, with two assigned parking spaces per unit and separate electric and water meters. Fully leased with tenants in place, including, providing stable income. Unit #1 rents for $1,874/mo, lease through 7/31/26, and Unit #2 rents for $1,817/mo, lease through 12/31/26, totaling $3,691/mo, $44,292 annually. Well maintained with updated windows, newer central A/C systems 2024 and 2025, and a brand-new roof being installed. Ideal for investors seeking immediate cash flow. Cash or conventional only—no FHA. Strong escrow deposit, 5-day inspection. If financed: 20-day loan approval and appraisal within 14 days. Not assignable; any assignment only to Buyer’s wholly owned entity, 100% ownership, Buyer remains liable. The current homeowner’s insurance policy through Citizens Insurance is approximately $12,000 per year due to the older roof, and the new roof is expected to reduce the insurance premium by an estimated $4,000-$5,000 annually once completed and permitted. Operating expenses are relatively low, with lawn maintenance averaging approximately $1,000 per year. With strong rental income, stable tenants, and a major capital improvement underway, this property presents a turnkey income-producing duplex with solid cash flow.
Listing Provided Courtesy of Woolf Realty Inc. at 561-337-0369

Property Details

Price:
$389,900
MLS #:
R11169398
Status:
Pending
Beds:
0
Baths:
2
Type:
Multi Family
Subtype:
Duplex
Subdivision:
RAIN-BOW GARDENS
Neighborhood:
5280
Listed Date:
Mar 27, 2026
Finished Sq Ft:
1,680
Total Sq Ft:
1,720
Lot Size:
250,339,320 sqft / 0.13 acres (approx)
Year Built:
1980
Units:
2
Rain-bow GardensLincolnJohn F. Kennedy (palm Beach)Palm Beach GardensOtherPets Allowed

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Schools

Elementary School:
Lincoln
Middle School:
John F. Kennedy (Palm Beach)
High School:
Palm Beach Gardens

Interior

Cooling
Central Air, Electric
Flooring
Ceramic Tile
Heating
Central, Electric

Exterior

Construction Materials
CBS, Stucco
Fencing
Fenced
Roof
Composition
Stories
1
View
Other
Waterfront Features
None

Financial

Net Operating Income
$32,292
Tax Year
2025
Taxes
$3,993

Map

Community

Subdivisions in Riviera Beach

Market Summary

Current real estate data for Multi Family in Riviera Beach as of Apr 23, 2026
17
Multi Family Listed
73
Avg DOM
377
Avg $ / SqFt
$726,041
Avg List Price

Property Summary

    Located in the RAIN-BOW GARDENS subdivision, 920 W 36th Street 1 Riviera Beach FL is a Multi Family for sale in Riviera Beach, FL, 33404. It is listed for $389,900 To schedule a showing of MLS#r11169398 at 920 W 36th Street 1 in Riviera Beach, FL, contact your Acquire Palm Beach LLC agent at 561-279-3333.

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