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Property profile & analytics

1601 Broadway Riviera Beach, FL 33404

  • Retail space
  • 2,134 SF
  • 0.11 lot acres
Value Estimation
$270,000
Location Intelligence
Property ID
US18-5413105
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 1601 Broadway

Year built
1948
Construction
WOOD
Lot size
0.11 lot acres
Property size
2,134 SF
Zone code
DC
Property type
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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $280,000
  • CAP approach

    CAP return
    Estimation
    6%
    $235,000
    6.5%
    $225,000
    7%
    $225,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $245,000
    Geo Method
    $255,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $250,000
    Retail
    $265,000
    Mixed-Use
    $215,000
    Hospitality
    $200,000
    Educational
    $270,000
    Residential Income
    $205,000
    Energy
    $210,000
    Income-Based Land
    $270,000
    Food Service
    $260,000

Location Insight

  • Map
  • Local Demand
City
Riviera Beach
County
Palm Beach
State
Florida
Longitude
-80.0553
Latitude
26.7764
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,685
$64,480
$90,979
$155,459
-
$64,480
$90,979
$155,459
More about this property
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