0 Blue Heron Blvd Riviera Beach, FL 33404
This exceptional 2.24-acre commercial land parcel, located in Riviera Beach, Florida (Palm Beach County, zip code 33404), presents a remarkable development opportunity. Situated on Blue Heron Boulevard, a major four-to-six lane roadway connecting I-95 to the Port of Palm Beach and Singer Island's beaches and resorts, this property boasts unparalleled visibility and high traffic counts—approximately 47,000 vehicles daily. The site features 465 feet of frontage on Blue Heron Boulevard (south side) and a depth of 200 feet, situated at the corner of Avenue P. A median cut allows for convenient east and westbound access. A traffic signal is conveniently located one block east at Avenue O. The property is zoned COMMERCIAL GENERAL, offering flexibility for a wide range of uses. Preliminary city approval exists for a hotel development of up to 120 rooms. Other potential uses include, but are not limited to, medical/office buildings, quick-service restaurants (QSRs), retail plazas, fitness centers, and car washes (subject to special exceptions). Nearby established businesses include Wawa and Taco Bell. The asking price for this prime parcel is $2,490,000. The APN is 56-43-42-29-55-002-0100. This is an ideal location for investors seeking high-traffic exposure and significant development potential in a thriving area of central Palm Beach County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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