5-bedroom, 1-bath tenant-occupied house. Excellent cash flow

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Home For Sale

173 W 18th Street

Riviera Beach, Florida 33404

Palm Beach County

Community: SMITH ADD IN

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$365,000 5 br, 1.0 bath 1228 sq. ft. 0.000 acres

5-bedroom, 1-bath tenant-occupied house. Excellent cash flow, underwrites to a 7.5% cap rate after adjusting property taxes upward for new ownership.This property generates $3,395 in monthly rent ($40,740 gross annual rent) and the current lease runs through July 2026. Tenants pay all utilities for low operating expenses Four point inspection report available.

Interior:
  • Bedrooms: 5
  • Baths: 1.0
  • Sq Ft: 1228
  • Year Built: 1960
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: Central
  • Garage: Driveway
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: Shingle
  • Property Taxes: $3,677
  • MLS #: RX-11142554
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Contact Information:
Beach Home For Sale in Riviera Beach, Florida
Listing Agent: Jesse J Bailey, 49 Units LLC, 561-318-3337, 561-318-3337 Listing Site, Listing Status: Active
Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6863565
Viewed 12 times.
Updated: Nov 21, 2025

This property is a Home located at 173 W 18th Street, Riviera Beach, Florida 33404, and is currently For Sale at $365,000. This Home has 5 bedrooms, 1.0 baths, 1228 sq ft.