1601 BroadwayRiviera Beach, FL 33404

Property Details for 1601 Broadway

Year built

1948

Construction

WOOD

Lot size

0.11 AC

Property size (Sq ft)

2,134 SF

Zone code

DC

Property type

Retail properties

Property subtype

Retail space

APN

56-43-42-33-04-006-0051

APU

56434233040060051

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $931,475

  6.5%

  $859,823

  7%

  $798,407

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,495,963

  Geo Method

  $1,495,963

• Alternative Use

  Use

  Valuation

  Residential

  $725,293

  Hospitality

  $664,364

  Educational

  $552,744

  Medical

  $571,753

  Retail

  $859,823

Location Insight

City

Riviera Beach

County

Palm Beach

State

Florida

Latitude

26.7764

Longitude

-80.0553

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.