Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1549 W Blue Heron Blvd Riviera Beach, FL 33404

    Sponsored
    For Sale
    $120,000

    Shopping Center - Riviera Beach, FL

    Days on Market:
    18
    Last Refresh:
    Feb 1 at 12:06 am

    Property Features for 1549 W Blue Heron Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    Parking features
    Special Needs

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2021
    Flooring type
    Tile
    Architectural style
    Other

    We can help!

    Listing Contact
    Marsha Benjamin

    1st Class Real Estate South Florida (954) 802-8818

    Listing agent Marsha Benjamin (954) 802-8818

    Listing date Jan 15, 2026

    MLS# RX-11154663 Listing URL

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Riviera Beach Restaurant Opportunity

    This established casual dining restaurant in Riviera Beach, Florida, presents an opportunity for a buyer seeking a turn-key operation with strong community recognition. Specializing in authentic Jamaican cuisine, the menu includes jerk chicken, oxtail, curry dishes, and traditional sides such as mac and cheese. The restaurant has cultivated a loyal customer base and consistent repeat traffic over the past five years.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Hugo's Gourmet Catering, Hugo's Gourmet Foods

    Location Insight

    • Map
    • Local Demand
    City
    Riviera Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.079752
    Latitude
    26.780683

    Nearby Similar for Sale

    • $1,375,000
      2,797 SF

      Riviera Beach Free Standing Building

      Free standing building in Riviera Beach, Florida for sale.
      2637 W West Way, Riviera Beach, FL 33404
      View Details
    • New
      $319,999
      1,644 SF

      Riviera Beach Duplex Near Water

      Duplex in Riviera Beach, near water, with renovation potential.
      131 W 35Th St, Riviera Beach, FL 33404
      View Details
    • $1,200,000
      1,450 SF

      Commercial Condo at The Hangar

      Premier garage condominium with unparalleled privacy, security, and amenities.
      7210 Haverhill Business Pkwy, Riviera Beach, FL 33407
      View Details
    • $1,375,000
      2,234 SF

      Riviera Beach Free Standing Building

      Free standing building in Riviera Beach, Florida for sale.
      2625 W West Way, Riviera Beach, FL 33404
      View Details
    • New
      $680,000
      1,809 SF

      Riviera Beach Triplex For Sale

      Residential income triplex property in Riviera Beach, Florida.
      49 E 27Th St, Riviera Beach, FL 33404
      View Details
    • $2,200,000
      6,156 SF

      New Construction Riviera Beach Quadplex

      New construction quadplex in a rapidly developing area.
      3255 J Ave, Riviera Beach, FL 33404
      View Details
    • $950,000
      3,080 SF

      Riviera Beach Duplex Investment Opportunity

      Newly constructed duplex, each unit with 4 beds and 2.5 baths.
      1547 W 26Th Ct, Riviera Beach, FL 33404
      View Details
    • $1,450,000
      4,161 SF

      New Triplex Townhomes in Riviera Beach

      Newly constructed triplex with spacious townhomes, ideal for short-term rentals.
      1559 W 26Th Ct, Riviera Beach, FL 33404
      View Details
    • $550,000
      2,206 SF

      Riviera Beach Quad Plex Investment

      Four-unit property with immediate cash flow near beaches.
      49 W 27Th St, Riviera Beach, FL 33404
      View Details
    • $679,000
      756 SF

      Riviera Beach Quadplex For Sale

      Quadplex in Riviera Beach, Florida, with central AC.
      2721 Ave Ave S, Riviera Beach, FL 33404
      View Details
    • Contact for pricing
      60,969 SF

      Updated Office Building in Riviera

      Well-maintained Class B office building with government tenants.
      2051 Dr Martin Luther King Jr Blvd, Riviera Beach, FL 33404
      View Details
    • $850,000

      Riviera Beach Duplex Investment Opportunity

      Two duplexes, four units, tenant occupied, income potential.
      451 Silver Bch Rd, Riviera Beach, FL 33403
      View Details

    FAQs

    What type of property is this?
    Restaurant - Established Jamaican restaurant for sale in Riviera Beach, Florida.
    Where is this restaurant located?
    The property is located at 1549 W Blue Heron Blvd Riviera Beach, FL.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - Established Jamaican restaurant with strong community recognition and loyal customer base.; - Turn-key operation specializing in authentic Jamaican cuisine.; - Seller financing available.
    (954) 802-8818
    Request Owner's contact information
    1549 W Blue Heron Blvd Riviera Beach, FL 33404
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1549 W Blue Heron Blvd
    Riviera Beach, FL 33404
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1549 W Blue Heron Blvd Riviera Beach, FL 33404
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Marsha Benjamin
    (954) 802-8818
    Learn more
    Google sign-in failed. Please try again or use another login method.