by Global Lifestyle Properties

See Home Value
$995,000
● House - Off Market

1291 Bimini Lane

Riviera Beach, FL 33404
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,756 Ft²
$6,186
Est. Monthly
$19
HOA / Fees

About This Property

INVESTOR OPPORTUNITY!! Location, Location, Location, corner lot on Ocean Drive!! Nestled in the highly sought-after Palm Beach Isles located on Singer Island with Beach Access by Easement.  This home is ready for a renovation.  Appliances 2023, Roof 2017, A/C 2021, Pool Pump 2024. It will not last long.
Unit Size
1,756 Ft²
Days on Market
55 days
Land Size
-
Price per sqft
$555
Property Type
House
Property Taxes
$1,379
HOA Dues
$19
Year Built
1988

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (Beaches MLS #R11039370)

Price History

Date / Event Date Event Price
Jan 16, 2025 Sold
Sold
Dec 5, 2024 In contract -
In contract
Nov 21, 2024 Listed by Robert Slack LLC $975,000
Listed by Robert Slack LLC
INVESTOR OPPORTUNITY!! Location, Location, Location, corner lot on Ocean Drive!! Nestled in the highly sought-after Palm Beach Isles located on Singer Island with Beach Access by Easement. This home is ready for a renovation. Appliances 2023, Roof 2017, A/C 2021, Pool Pump 2024. It will not last long.
Nov 22, 2016 Sold
Sold
Jun 8, 1998 Sold
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 125
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,106
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 1,110
  • Total Building Area: 2,482
  • Gross Building Area: 2,482
  • Building Area: 1,756
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,756
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PALM BEACH ISLES PL 1
  • Land Acres: 0000000232
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: PALM BEACH ISLES PL 1 LT 1

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 000512

Zoning

  • Zoning: RS-5

Geography

  • Assessors Map Reference: 89
  • Parcel: 56-43-42-22-02-000-0010
  • Lot: 1
  • Meridian: SEC 22 TWN 42S RNG 43E
  • Municipality: RIVIERA BEACH
  • Latitude: 26.7921
  • Longitude: -80.035

    Address

  • Full Address: 1291 Bimini Ln
  • Address - House Number: 1291
  • Address - Street Name: Bimini
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Riviera Beach
  • Carrier Code: C008
  • 4-Digit Zip Code: 2770
  • Zip Code: 33404

Valuation

    Tax

  • Total Area: 2,051
  • Tax Year: 2022
  • Tax Amount: $435,951
  • Tax Rate Code Area: 56401

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 1,108,409
  • High Value: 1,326,046
  • Low Value: 890,772

    Market Valuation

  • Market Total Value: $641,544
  • Market Land Value: $419,076
  • Market Improvement Value: $222,468

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $239,701

    Sales

  • Current Sale Recording Date: Jun 08, 1998
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 17, 1996
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Palm Beach Isles


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1140 Morse Boulevard, Singer Island, FL, 33404

$7,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,640 ft²
1140 Morse Boulevard, Singer Island, FL, 33404 Listing by Aleksander Alvestad
Unit for rent at 120 Inlet Way, Palm Beach Shores, FL, 33404

$10,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,345 ft²
120 Inlet Way #204, Palm Beach Shores, FL, 33404 Listing by Meike M MacGregor
Unit for rent at 510 56th Street, West Palm Beach, FL, 33407

$3,800 /mo

  • 2 Beds
  • 1 Bath
  • 1,152 ft²
510 56th Street, West Palm Beach, FL, 33407 Listing by Ruslana Dorotych


Frequently Asked Questions

When was property at 1291 Bimini Lane built and last sold?
The property at 1291 Bimini Lane was built in 1988 and last sold on Jan 1, 1970 for $170,000.
How much is this home worth?
The estimated value of the home located at 1291 Bimini Lane is $1,723,971.
What are some comparable homes to 1291 Bimini Lane?
There are currently no comparable homes to 1291 Bimini Lane.