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940 W 36th Street #1

Riviera Beach, FL 33404
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Bed 4

Bed

Bath 2

Bath

SqFt1,680

Sqft

Acres0.13

Acre(Lot)

**Terms:** Cash, Conventional, or Seller Financing. **Seller Financing Available:** 15% down payment, 6.5% interest rate, amortized over 30 years with a negotiable balloon payment. Additional terms may apply. **Offer Guidelines:** Large escrow deposit preferred. Financing contingency includes 20-day loan approval, appraisal completed within 14 days, and a 5-day inspection period. Well-maintained CBS duplex investment property featuring two 2-bedroom, 1-bath units with separate electric and water meters and four total parking spaces (two per unit). *see supplement remarks and mls documents* The property is fully leased with stable rental income: • Unit #1: $1,500/month (lease expires 1/1/2027) • Unit #2: $1,691/month (lease expires 11/1/2026) **Total Gross Rental Income:** $3,191/mon th ($38,292 annually). Security deposits are held by the landlord, and rent is due on the 1st of each month. Property features a 2019 roof, updated windows, and a brand-new central A/C system in Unit #1. Age of the A/C system in Unit #2 is unknown. The windows have been updated but are not impact-rated. Both units include washer/dryer hookups, assigned parking, and separate electric and water meters, helping minimize landlord utility expenses. Approximate annual expenses include insurance of $8,000 per year and lawn maintenance of approximately $500 per year. The property requires minimal exterior maintenance. **See attached documents in the listing for leases, income information, expense details, and additional property information.** This reads well for investors because it highlights the separate meters, low-maintenance nature of the property, and provides enough expense information to start evaluating cash flow.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $419,000

AD Id : 75979150

MLS Id : R11169387

Beds : 4

Lot Size : 0.13 Acre

Living Area Size : 1,680

Year Built : 1980

County : Palm Beach

Subdivision: Rain Bow Gardens

  • Map Map

Map

Feature Features

  • Interior Features

    MainLivingAreaEntryLevel
    Roof: Composition
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, Electric

  • Building Information

    Year Built: 1980
    Building Area Total: 1720
    Construction Materials: Block, Stucco
    Stories: 1
    Pool Features: None
    Private Pool: No
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Lot Size Acres: 0.13 Lot Description: LessThanOneAcre,LessThanQuarterAcre

    Property Information

    Subdivision: RAIN-BOW GARDENS Source Property Type: ResidentialIncome Zoning Description: RM-15( Property SubType: Duplex Levels: One Property Age: 46

  • Listing Price Information

    Listing Price: $419000
    Original Price: $360000
    Cash, Conventional

  • Tax Information

    Parcel Number: 56434229180000060 Tax Year: 2025 Annual Tax: $3867 Tax Legal Desc: RAIN BOW GARDEN LT 6

  • Garage Information

    Pets Allowed: NoPetRestrictions

  • School Information

    Elementary School: Junior High School: John F. Kennedy Senior High School: Palm Beach Gardens
  • Utility Information

    CableAvailable, ElectricityAvailable, WaterAvailable, SewerAvailable
  • Location Information

    Direction: Blue Heron to Avenue H north to W 36th st WaterSource: Public
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Nearby Home Value

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968 W 9th St, Riviera Beach, FL, 33404 $475,000 4 2 1,248 1,248 SqFt
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180 W 15th Street, Riviera Beach, FL, 33404 $450,000 -- 2 1,467 1,467 SqFt
182 W 34th Street #1, Riviera Beach, FL, 33404 $485,000 2 3 1,588 1,588 SqFt
1546 W 26th Ct, Riviera Beach, FL, 33404 $750,000 6 4 2,360 2,360 SqFt
1538 W 26th Ct, Riviera Beach, FL, 33404 $750,000 -- -- --
1192 Ac Evans St, Riviera Beach, FL, 33404 $740,000 6 6 3,050 3,050 SqFt
1172 W 34th Street #1, Riviera Beach, FL, 33404 $735,000 9 4 3,016 3,016 SqFt
633 W 9th Street #B, Riviera Beach, FL, 33404 $324,900 4 2 1,404 1,404 SqFt
131 W 35th Street #1, Riviera Beach, FL, 33404 $329,900 4 2 1,644 1,644 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/18/2026 @ 03:31

MLS: R11169387 LISTED BY: Jonathan Woolf, Woolf Realty Inc. 561-337-0369 SOURCE: SEFMIAMI

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