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    5060 Ocean Dr Riviera Beach, FL 33404

    • Specialty properties
    For Sale
    View listing
    $18,000,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 5060 Ocean Dr

    Year built
    1966
    Property type
    Specialty properties

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Riviera Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0326
    Latitude
    26.7999

    Comparable in this City

    • Value Estimation by Request
      5,931 SF

      1200 Surf Rd

      Specialty properties • 5,931 SF
      1200 Surf Rd, West Palm Beach, FL 33404
      View Details
    • Value Estimation by Request
      4,473 SF

      1690 Ave H W H

      CHARITABLE ORGANIZATION • 4,473 SF
      1690 Ave H W H, Riviera Beach, FL 33404-4308
      View Details
    • Value Estimation
      $205,000
      1,852 SF

      1013 President Barack Obama Hwy

      FUNERAL HOME • 1,852 SF
      1013 President Barack Obama Hwy, Riviera Beach, FL 33404-7325
      View Details
    • Value Estimation by Request
      9,000 SF

      1001 15th St

      CHARITABLE ORGANIZATION • 9,000 SF
      1001 15th St, Riviera Beach, FL 33404-6721
      View Details
    • Value Estimation
      $795,000
      4,000 SF

      2404 Broadway

      CHARITABLE ORGANIZATION • 4,000 SF
      2404 Broadway, Riviera Beach, FL 33404-4533
      View Details
    • Value Estimation by Request
      14,822 SF

      100 Broadway

      CHARITABLE ORGANIZATION • 14,822 SF
      100 Broadway, Riviera Beach, FL 33404-7700
      View Details

    Similar Nearby for Sale

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      Prime Singer Island Investment

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      Riviera Beach Multi-Family Complex

      High-income 9-unit mixed-use property in prime location.
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    • $18,000,000

      5060 Ocean Dr

      Specialty properties
      5060 Ocean Dr, Riviera Beach, FL 33404
      View Details
    • $2,200,000
      8,964 SF

      Riviera Beach Retail Investment Opportunity

      Prime Retail Space, 8,964 SF, $2.2M
      0 2305, West Palm Beach, FL 33404
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    • $5,695,000
      0.48 Acres

      Riviera Beach Land with Dock

      Residential lot or multi-unit site with dock potential.
      2715 Lk Dr, Riviera Beach, FL 33404
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    • $335,000
      1,000 SF

      Riviera Beach Flex Condo

      Corner flex condo in established industrial park with drive-in access.
      3680 Investment Ln, West Palm Beach, FL 33404
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    Similar Nearby for Lease

    • $1,400 /Mo
      6,239 SF

      Renovated Retail Space Available

      Fully renovated retail spaces available in Riviera Beach, Florida.
      315 President Barack Obama Hwy, Riviera Beach, FL 33404
      View Details
    • $11 SF/Yr
      52,411 SF

      Riviera Beach Warehouse Sublease

      52,411 SF Warehouse, Prime Location
      1500 Ave, Riviera Beach, FL 33404
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    • $20 SF/Yr
      1,200 SF

      Riviera Beach Flex/Industrial Space

      Flex/industrial space available for lease in Riviera Beach, Florida.
      3954 Byron Dr, Riviera Beach, FL 33404
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    • $32 SF/Yr

      Singer Island Commercial Building Available

      4,600 sqft commercial building in amazing Singer Island location.
      1200 E Blue Heron Blvd, Riviera Beach, FL 33404
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    • $1,700 /Mo

      Riviera Beach Apartment For Rent

      Two-bedroom, one-bathroom apartment with updated kitchen and bathroom.
      237 W Blue Heron Blvd, Riviera Beach, FL 33404
      View Details
    • $2,000 /Mo

      Renovated 2-Bedroom Apartment

      Newly renovated 2-bedroom, 1-bathroom apartment with modern amenities.
      3730 Avenue S, West Palm Beach, FL 33404
      View Details
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    5060 Ocean Dr
    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
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