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    1601 Broadway Riviera Beach, FL 33404

    Sponsored
    For Lease
    $0.14 SF/Yr

    Prime location, high visibility, flex space.

    Lot size:
    2,134 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,134 square foot free-standing building presents a unique opportunity for a single tenant. Situated on the corner of Broadway and 16th Street in Riviera Beach, Florida, this property boasts unparalleled visibility and high traffic counts. Its strategic location places it directly across from the new Valhalla boat center, Viking Yachts, and the Riviera Beach Marina, ensuring significant exposure to a high-traffic area. The building's proximity to the Port of Palm Beach further enhances its appeal and accessibility. The property is zoned CG (city) and features a single suite within the building. The APN is 56434233040060051. This industrial/retail space is ideal for a variety of businesses seeking a prominent location with excellent visibility. While parking is limited, the high traffic volume and prime location more than compensate. Attractive rent concessions are available for qualified tenants, and long-term lease options are being offered. This is a rare opportunity to secure a highly visible and strategically located property in a thriving waterfront community. The property is classified as both flex and warehouse space, offering versatility for a range of business needs.

    Property Features for 1601 Broadway

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,134 SF

    Unit(s) available at that property

    Space
    Size
    2,134 SF
    Rate per SF
    $0.14

    HighLights

    • Free‑standing industrial/retail building totaling 2,134 square feet.
    • Single‑tenant occupancy.
    • Located at the corner of Broadway and 16th Street in Riviera Beach, across from Valhalla boat center, Viking Yachts, and Riviera Beach Marina, near the Port of Palm Beach.
    • High visibility and traffic counts.
    • Rent concessions and long‑term lease options available.
    • Limited parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Riviera Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0552699
    Latitude
    26.77636

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    FAQs

    What type of property is this?
    Distribution property - Prime location, high visibility, flex space.
    Where is this distribution property located?
    The property is located at 1601 Broadway Riviera Beach, FL.
    What is the lease rate?
    The lease rate is $0.14 SF/Yr.
    What are key features of this property?
    This property features: Free-standing industrial/retail building totaling 2,134 square feet.; Single-tenant occupancy.; Located at the corner of Broadway and 16th Street in Riviera Beach, across from Valhalla boat center, Viking Yachts, and Riviera Beach Marina, near the Port of Palm Beach.
    Request Owner's contact information
    1601 Broadway Riviera Beach, FL 33404
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    Riviera Beach, FL 33404
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    Realmo Value Estimation

    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.

    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.

    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
    1601 Broadway Riviera Beach, FL 33404
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