Two-Office Commercial
For Sale
Contact for pricing
2135 Broadway #2, Riviera Beach, FL 33404
Office property with separate entrances and dedicated storage.
Property Size3,414 SF
Price / SF$0.38
Days on Market65
Property Features for 2135 Broadway #2
General Information
Standard status
Active
Size
3,414 SF
Property subtype
Mixed Use
Amenities
storage
Building Details
Year Built
1951
Listing Agency:
Keller Williams Realty/P B
(561) 656-2929
Listed By:
Thomas Sinner · License #3568640
(862) 324-3094
Source:
Lehmannflorida
Added: Aug 30
Changed: Nov 1
Last Checked: Nov 1 at 4:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty/P B
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,414-square-foot office unit includes two private offices, separate entrances, and dedicated storage. The configuration provides defined work areas within a compact commercial setting.
The property is located at 2135 Broadway, Unit 2, in Riviera Beach, Florida, within Main Street Plaza. Built in 1951, the space is suited to office occupancy and professional-service use.
The property is located at 2135 Broadway, Unit 2, in Riviera Beach, Florida, within Main Street Plaza. Built in 1951, the space is suited to office occupancy and professional-service use.
Key Highlights
- 3,414‑square‑foot office unit
- Two private offices
- Separate entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,488
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,809,760
$1.8M
Cap Rate 7%
$1,292,686
$1.3M
Cap Rate 9%
$1,005,422
$1.0M
Market Conditions
NOI Build-Up for 3,414 SF
Gross rent
$155.7K $45.60/SF
− Vacancy
−$35.0K −$10.26/SF
EGI
$120.7K $35.34/SF
− OpEx
−$30.2K −$8.84/SF
NOI
$90.5K $26.51/SF
Area
Palm Beach County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,809,760
Cap Rate 7%
$1,292,686
Cap Rate 9%
$1,005,422
Alternative Uses
Best Use
Office B
$1.29M
$1.13M – $1.51M
NOI $90,488 @ 7.0% cap · market cap 6,960.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.40M
$2.10M – $2.81M
NOI $168,303 @ 7.0% cap · market cap 12,946.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
Explore this area
Business Placement
Demographics for 33404, FL
31,869
Population
15,990
Households
2
Avg Household Size
42
Median Age
27%
College-Educated
87%
High-School Grad
7.3 sq mi
ZIP Area
4,366
Density / Sq Mi
$60,225
Median Household Income
$35,521
Median Earnings
$1,507
Median Rent
$305,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Office property with separate entrances and dedicated storage.
Where is this office unit located?
The property is located at 2135 Broadway #2 Riviera Beach, FL.
What are key features of this property?
This property features: 3,414‑square‑foot office unit; Two private offices; Separate entrances
