Double Unit Garage Warehouse
7210 Haverhill Business Parkway #31 & 32 Riviera Beach, FL 33407
7210 Haverhill Business Parkway #31 & 32, Riviera Beach, FL, 33407
$2,300,000
For Sale
$2,300,000
Fully renovated double unit with insulated, motorized hurricane-rated garage doors, a private bathroom, and 20' clear height.
Property Size3,000 SF
Price / SF$766.67
Days on Market11
Property Features for 7210 Haverhill Business Parkway #31 & 32
General Information
- Standard status
- Active
- Size
- 3,000 SF
Building Details
- Year Built
- 2019
Listing Agency
Sutter & Nugent LLC
(561) 818-8325
Listed by
James Pavlik · License #3301117
(561) 818-8325
Source
Laerrealty
Added: Jul 7 Checked: Jul 17 at 2:48 am
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 Sutter & Nugent LLC
Investment Insights
Based on property information with market context.
This double-unit hangar condominium has been fully renovated and finished for both storage and use. Interiors include custom cabinetry, a designer epoxy floor finish, TVs, a custom full bathroom, and an upstairs mezzanine with wood flooring. A custom spiral staircase and railing provide access to the mezzanine level. Construction features solid concrete tilt-wall with an insulated roof, doors, and walls, and the space is equipped with individual temperature and humidity control. The unit offers 14' x 14' sealed, insulated, Miami-Dade hurricane-rated, motorized coiling garage doors, along with clear interior ceiling heights up to 20'.
The grounds are gated and secured with a 7' tall privacy fence, round-the-clock live security monitoring, and an on-site owner-concierge. Ownership includes an undivided interest in the common elements within the facility, and ownership opportunities are limited. The Hangar is designed as a garage condominium environment intended for owners to store, display, and enjoy prized collectible assets.
For buyers seeking a private, secure, fully improved garage-style warehouse space, this offering provides a finished interior with dedicated climate control, a mezzanine for additional flexible use, and a high-clearance storage volume supported by insulated, hurricane-rated door infrastructure. The double-unit configuration is well suited for larger collections that benefit from expanded capacity and dedicated, finished areas for display and everyday enjoyment.
The grounds are gated and secured with a 7' tall privacy fence, round-the-clock live security monitoring, and an on-site owner-concierge. Ownership includes an undivided interest in the common elements within the facility, and ownership opportunities are limited. The Hangar is designed as a garage condominium environment intended for owners to store, display, and enjoy prized collectible assets.
For buyers seeking a private, secure, fully improved garage-style warehouse space, this offering provides a finished interior with dedicated climate control, a mezzanine for additional flexible use, and a high-clearance storage volume supported by insulated, hurricane-rated door infrastructure. The double-unit configuration is well suited for larger collections that benefit from expanded capacity and dedicated, finished areas for display and everyday enjoyment.
Key Highlights
- 2019 year‑built double hangar unit with a custom full bathroom and an upstairs mezzanine
- Fully renovated interior with all custom cabinetry and a designer epoxy floor finish
- 14' x 14' sealed, insulated, Miami‑Dade hurricane‑rated motorized coiling garage doors
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.0k | $36.00 |
| − Vacancy | −$6.5k | −$2.16 |
| EGI | $101.5k | $33.84 |
| − OpEx | −$35.5k | −$11.84 |
| NOI | $66.0k | $22.00 |
3,000 SF · lease $36.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$942.7K
$824.9K – $1.10M
NOI $65,988 @ 7.0% cap · market cap 2.87%
Second Best
Warehouse
$561.8K
$491.6K – $655.5K
NOI $39,327 @ 7.0% cap · market cap 1.71%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,894 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Corks + Forks Catering — 5640 Corporate Way, West Palm Beach, FL 33401
FAQs
What type of property is this?
Flex space - Fully renovated double unit with insulated, motorized hurricane-rated garage doors, a private bathroom, and 20' clear height.
Where is this flex space located?
The property is located at 7210 Haverhill Business Parkway #31 & 32 Riviera Beach, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 2019 year‑built double hangar unit with a custom full bathroom and an upstairs mezzanine; Fully renovated interior with all custom cabinetry and a designer epoxy floor finish; 14' x 14' sealed, insulated, Miami‑Dade hurricane‑rated motorized coiling garage doors
