940 W 36th Street 1, Riviera Beach, FL 33404 (MLS# R11169387)

940 W 36th Street 1, Riviera Beach, FL 33404

$389,900
Property Type: Residential Income Square Footage: 1,720 Status: Active
Current Price: $389,900 List Date: 3/27/2026 Last Modified: 4/29/2026

Overview

Description

Well-maintained CBS duplex investment property featuring two 2-bedroom, 1-bath units with four total parking spaces, two per unit, and separate electric and water meters. Fully leased with tenants in place, providing stable and consistent rental income. Unit #1 rents for $1,500 per month, lease ends 1/1/2027, and Unit #2 rents for $1,691 per month, lease ends 11/1/2026, totaling $3,191 per month, $38,292 annually. Security deposits held by landlord and rent due on the first of each month. Property features updated windows, roof installed in 2019, and central A/C in unit 1 is brand-new. Each unit includes washer and dryer hookups and assigned parking. Ideal for investors seeking immediate cash flow.

Supplements: Cash or conventional financing only—no FHA. Strong escrow deposit required, 5 day inspection period. If financed need to put into your offer, loan approval within 20 days and appraisal within the first 14 days. Contract is not assignable. Any permitted assignment must be to an entity solely owned and controlled by Buyer, 100% ownership; Buyer sha ...

Listing Details MLS# R11169387

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
1720
Building Area Source
Public Records
Living Area Main
1680
Living Area Source
Public Records
Accessibility Features YN
No
Year Built
1980
Parking Total
4
Gated Community YN
No
Lot Size Area
5744
Lot Size Acres
0.13
Lot Size Dimensions
50.0 ft x 115.0 ft
Senior Community YN
No
Stories Total
Yes
Stories
Yes
Pool Private YN
No

Property Features

Documents Available: Other Electric: Three Phase Exterior Features: None Flooring: Ceramic Tile Property Condition: Resale Tenant Pays: Cable TV; Electricity; Sewer; Water Source Of Expenses: Other Construction Materials: CBS; Stucco Cooling: Central Air Heating: Central; Electric Listing Terms: Cash; Conventional Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Negotiable Restrictions: No Restrictions Road Frontage Type: West of US-1 Road Surface Type: Paved Roof: Composition Sewer: Public Sewer Storm Protection Details: None Tax Information: City/County Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: See Remarks Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups Unit 2 Parking Features: Parking Space Unit 2 Rooms: Kitchen Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
360000
Negotiable Seller Concessions YN
Yes
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
940
Street Direction Prefix
W
Street Name
36th
Street Suffix
Street
Unit Number
Yes
City Name
Riviera Beach
State Or Province
FL
Postal Code
33404
Postal Zip
33404
Subdivision Name
RAIN-BOW GARDENS
Area
5280
Elementary School
Lincoln
Middle Or Junior School
John F. Kennedy (Palm Beach)
High School
Palm Beach Gardens
Special Assessment YN
No
Parcel Number
56434229180000060
Zoning
RM-15(
Directions
Blue Heron to Avenue H north to W 36th st
Multiple Offers Accepted
Yes

Financial Information

Master Association YN
No
Tax Annual Amount
3867
Tax Year
2025
Tax Legal Description
RAIN BOW GARDEN LT 6
Estimated Monthly Assoc Recurring Fee
0

Status Change Information

Major Change Timestamp
2026-03-27T19:57:29Z
Major Change Type
Price Change
Price Change Timestamp
2026-03-27T19:57:29Z
Status Change Date
2026-03-27
Back on Market Date
2026-03-27

More Information

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
2
Separate Gas Meters YN
No
Separate Water Meters YN
Yes
Number Of Separate Water Meters
2
Number Of Meters Total
4

Income and Expenses

Annual Total Expense
1000
Gross Income
38292
Net Operating Income
27292

Pet Details

Pet Fee YN
No

Qualifying Requirements

Minimum Credit Score YN
No

Showing Details

Pet(s) on Premises
No

Unit 1 Details

Actual Rent
1500
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
840

Unit 1 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2027-01-01
Occupant Type
Tenant

Unit 1 Parking Details

Carport YN
No
Garage YN
No

Unit 2 Details

Actual Rent
1691
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
840

Unit 2 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2026-11-01
Occupant Type
Tenant

Unit 2 Parking Details

Carport YN
No
Garage YN
No

Price Calculations

Current Price To SqFt
232.08

Originating Details

Originating System Key
20260225211253772037000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Three Phase
Yes

Exterior Features

None
Yes

Flooring

Ceramic Tile
Yes

Property Condition

Resale
Yes

Documents Available

Other
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Sewer
Yes
Water
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

Heating

Central
Yes
Electric
Yes

Water Access

None
Yes

Construction Materials

CBS
Yes
Stucco
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Road Frontage Type

West of US-1
Yes

Road Surface Type

Paved
Yes

Roof

Composition
Yes

Water Source

Public
Yes

Source Of Expenses

Other
Yes

Cooling

Central Air
Yes
Electric
Yes

Showing Requirements

See Remarks
Yes

Main Living Area

Entry Level
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

Pet Restrictions Possible
Yes

Restrictions

No Restrictions
Yes

Storm Protection Details

None
Yes

Tax Information

City/County
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes
Washer/Dryer Hookups
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 1 Rooms

Kitchen
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes
Washer/Dryer Hookups
Yes

Unit 2 Parking Features

Parking Space
Yes

Unit 2 Rooms

Kitchen
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
Less Than 1 Acre Lot
Yes
IDX
Listing Office: Woolf Realty Inc.
Last Updated: April - 29 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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