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    2305 West Palm Beach, FL 33404

    Sponsored
    For Sale
    $2,200,000

    Prime Retail Space, 8,964 SF, $2.2M

    Property size:
    8,964 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 2305 in Riviera Beach, Florida, presents a compelling investment opportunity. Boasting a substantial 8,964 square feet of space, this single-unit building is ideally situated in Palm Beach County, zip code 33404, at latitude 26.7712632 and longitude -80.0702555. Constructed in 1961, the property offers significant potential for redevelopment or continued operation as a thriving retail establishment. The asking price is $2,200,000. Given its size and location within the vibrant Riviera Beach market, this property represents a strong investment prospect for discerning buyers seeking a foothold in a dynamic retail sector. The property's substantial square footage allows for a variety of retail uses, providing flexibility for potential tenants or owners. The lot size is not specified. This is a rare opportunity to acquire a well-positioned retail space in a growing area of Florida. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property is classified as retail and is located in the city of Riviera Beach, within Palm Beach County.

    Property Features for 0 2305

    General Information

    Property type
    Retail properties
    Square Feet
    8,964 SF

    Building Details

    Year Built
    1961
    Units
    1

    HighLights

    • $2,200,000 asking price.
    • 8,964 square foot retail property.
    • Single‑unit building.
    • Built in 1961.
    • Located in Riviera Beach, Florida, zip code 33404.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0702555
    Latitude
    26.7712632

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, 8,964 SF, $2.2M
    Where is this retail property located?
    The property is located at 2305 West Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: $2,200,000 asking price.; 8,964 square foot retail property.; Single-unit building.
    Request Owner's contact information
    2305 West Palm 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
    2305 West Palm Beach, FL 33404
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