Basic Information

  • MLS # RX-11169398
  • Type Duplex / Quad Plex / Triplex
  • Subdivision/Complex Rain-bow Gardens
  • Year Built 1980
  • Total Sqft 1,680
  • Date Listed 03/05/2026
  • Days on Market 15
Description

920 W. 36th St., Riviera Beach, FL 33404 is a solid CBS duplex investment opportunity featuring two 2-bedroom, 1-bath units, each approximately 840 sq. ft., with two assigned parking spaces per unit and separate electric and water meters. Both units are tenant occupied with 12-month leases in place, producing a gross annual income of $44,292. Unit #1 rents for $1,874 per month and Unit #2 rents for $1,817 per month, with security deposits held by the landlord. The property has been well maintained with several recent improvements, including updated windows and newer central A/C systems--Unit #1 installed in 2024 and Unit #2 installed in 2025. The owner is also making a major capital improvement by installing a brand-new roof this year. representing an investment of approximately $10,000-$12,000. 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 and improved long-term operating costs.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • WF Description None
  • Parking Description

Interior Features

  • Adjusted Sqft 1,680Sq.Ft
  • Sqft 1,680 Sq.Ft

Property Features

  • Aprox. Lot Size 5,747
  • Furnished Info No
  • Lot Description Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex Rain-bow Gardens
  • Subdivision Info Rain-bow Gardens
  • Tax Amount $3,993
  • Tax Year 2025

920 W 36th #1

Riviera Beach, FL 33404

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Woolf Realty Inc.. tel: (561) 337-0369

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