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1216 Surf Road, Riviera Beach, FL, 33404

10beds
12baths
5,312sqft
$2,900,000
$546price/sqft
$27,333/moest. monthly cost
$1,093,320/yrincome needed

About This Home

An exceptional investment opportunity awaits with this fully updated four-unit townhome complex, offering four spacious residences, two units featuring 3 bedrooms, 2 full baths, and 1 half bath and the other two with 2 bedrooms, 2 full baths and 1 half bath. Renovated throughout, every unit showcases updated kitchens and bathrooms, new appliances, impact windows, and 2022 A/C systems, providing a turnkey opportunity for investors seeking immediate income potential with minimal maintenance. The property offers multiple income streams, with one unit currently operating as a successful Airbnb while the remaining three units are slated for corporate lease occupancy. Each townhome also features a private covered screened patio, creating an inviting outdoor living space for tenants and guests. Ideally located just minutes from the beach, premier shopping, dining, and entertainment, this is a rare opportunity to own a versatile income-producing property in a highly desirable location. Please see Broker Remarks for additional details regarding the current leasing structure. Investment opportunities like this rarely come to market—schedule your private showing today before it's gone!

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

5/10
Lincoln Elementary SchoolGrades PK-52.5 mi
4/10
6/10
William T. Dwyer High SchoolGrades PK,9-127.5 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1968

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse,Quadruplex,Multi Family,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 12

Features

  • Flooring: Ceramic Tile,Vinyl

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,376
  • Total interior livable area: 5,312 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 56434227030090051
  • Zoning: RMH-15 (city)
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Patio,Screened
  • Exterior features: Outdoor Living Area,Other
  • Has view: Yes
  • View description: Garden

Lot

  • Lot size: 0.29 Acres
  • Lot size dimensions: 102 x 124

Parking

  • Total spaces: 10

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Palm Beach County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $14,663$175,956
Home Insurance *$6,869$82,428
Property Taxes $5,267$63,204
Electricity $534$6,415
Total$27,333$327,996
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$937,131/yr
40% on housing$819,990/yr
45% on housing$728,880/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$546This listing

vs Other Active Listings

Avg $/sqft

ZIP 33404$423
Palm Beach County$444

vs Homes Sold Last Month

Median $/sqft

ZIP 33404$285
Palm Beach County$365

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-29Price change$2,900,000
2026-07-14Price change$3,400,000
2026-05-27Listed for sale$899,000
2026-05-22Listed for rent$3,900
2026-03-23Sold$371,000

For Sale by Agent

AgentLaura Marie Auten
BrokerageElevate Realty LLC

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