940 W 36th Street 1 Riviera Beach, FL 33404

1,680 Sqft, Duplex

AGENT'S REMARKS ABOUT 940 W 36TH STREET 1

**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/month ($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.

PROPERTY DETAILS

  • Property Type: Duplex
  • Approx Living Area: 1,680 SqFt
  • Year Built: 1980
  • Lot Size: 5,744 SqFt
  • Stories: 1
  • Flooring: Ceramic Tile
  • Roof: Composition
  • Total Floors in Building: 1
  • Construction: Stucco, CBS
  • Exterior Description: None
  • Cooling System: Central Air, Electric
  • Heating: Central, Electric
  • Utility Information: Cable Available, Electricity Available, Sewer Available, Water Available
  • Pets Allowed: Yes, P
  • County: Palm Beach
  • Area: 5280
  • Subdivision: RAIN-BOW GARDENS
  • Age Restricted: No
  • Annual Property Taxes: $3,867
  • Elementary School: Lincoln
  • Junior High School: John F. Kennedy (Palm Beach)
  • High School: Palm Beach Gardens

MAP LOCATION FOR 940 W 36TH STREET 1 RIVIERA BEACH, FL 33404

Directions: Blue Heron to Avenue H north to W 36th st

SIMILAR LISTINGS NEAR 940 W 36TH STREET 1

$450,000

• 1,467 Sq Ft

180 W 15th Street Riviera Beach FL, 33404

$475,000

• 1,248 Sq Ft

968 W 9th Street Riviera Beach FL, 33404

Do you have questions about 940 W 36th Street 1 Riviera Beach, FL 33404? Contact us for more information and to schedule a tour. Brett Colby Group is a local top real estate service in Palm Beach County, FL.

Brett Colby
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Listing courtesy of Woolf Realty Inc. 06.09.2026