Basic Information

  • MLS # RX-11169387
  • Type Duplex / Quad Plex / Triplex
  • Subdivision/Complex Rain-bow Gardens
  • Year Built 1980
  • Total Sqft 1,680
  • Date Listed 03/06/2026
  • Days on Market 86
Description

Seller Financing Available - Flexible Opportunity. Seller financing offered with 15% down, 6.5% interest, amortized over 30 years with a balloon payment (only negotiable term); all other terms fixed. Well-maintained CBS duplex investment property featuring two 2BR/1BA units with separate electric and water meters and 4 total parking spaces (2 per unit). Fully leased with stable income: Unit #1 rents for $1,500/month (lease ends 1/1/2027) and Unit #2 rents for $1,691/month (lease ends 11/1/2026), totaling $3,191/month ($38,292 annually). Security deposits held by landlord; rent due on the 1st. Property features updated windows, 2019 roof, and brand-new central A/C in Unit #1. Each unit includes washer/dryer hookups and assigned parking. Cash or conventional financing only—no FHA. Strong escrow deposit required with a 5-day inspection period. Financed offers must include loan approval within 20 days and appraisal within 14 days. Contract not assignable; any permitted assignment must be to an entity 100% owned and controlled by Buyer, with Buyer remaining fully liable.

Exterior Features

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

Interior Features

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

Property Features

  • Aprox. Lot Size 5,744
  • 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 $3,867
  • Tax Year 2025

940 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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