For Sale
1 / 13
Property summary
This exceptional 4,146 square foot warehouse in Riviera Beach, Florida (33404), presents a compelling investment opportunity. Located at 1620 Avenue E, this single-tenant property boasts a strong, consistent income stream. The building, zoned CG, features five individual units currently leased to small churches, with a waiting list indicating high demand. Recent extensive renovations have significantly enhanced the property's value and appeal. Improvements include a brand new roof, a central HVAC system, updated interior tile, a refreshed exterior facade, and hurricane-resistant accordion security shutters. The property's Net Operating Income (NOI) is a robust $52,780, representing a 6% capitalization rate. The current owner is a licensed broker and is willing to continue managing and leasing the property for the new buyer, ensuring a seamless transition. The property's APN is 56434233040060130. This is a turnkey investment ready for immediate income generation. Full-price offers only are being considered. This is a rare opportunity to acquire a well-maintained, high-demand commercial property in a growth area. Don't miss out on this exceptional investment.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the West Palm Beach market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.