Financial
Distress signals
Property profile

2051 Dr Martin Luther King Jr Blvd Ste 100 Riviera Beach, FL 33404

OFF-MARKET
Office buildings
Property ID
US18-5985028
64,497 SF 5.91 ac lot Built 1999
Last sale Sep 2017 · $7,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Port Center is a centrally located, three-story Class B office building in Riviera Beach. The building was recently updated and underwent substantial improvements, totaling over $400,000 in upgrades, and is reported to have no deferred maintenance. It contains approximately 60,969 square feet of office space and is positioned to serve the West Palm Beach Class B office market with convenient access to the I-95 highway.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$197k
Tax billed · 2023
Assessed value$9.12M
Assessed land$2.58M
Assessed improvement$6.54M
Effective rate2.16%

Value estimate

· Sep 2026
$14.75M
$13.28M – $16.23M
Submarket $/SF estimate$14.13M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$354/SF
Submarket average, outlier-cleaned · 447 recorded sales of this use type
Observed band · Q1–Q3$204 – $557

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IG
General categoryINDUSTRIAL
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic9.5
Carpet & Flooring Store9.4
Locksmith9.2

Location

2051 Dr Martin Luther King Jr Blvd Ste, Unit 100 Riviera Beach, FL 33404-7007
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2655 Ocean Dr, Riviera Beach, FL 33404-4752 $16,500,000 May 2025 45,185 SF
6985 Gdn, Riviera Beach, FL 33404-5905 $2,700,000 Mar 2025 5,400 SF
1401 Ave E, Riviera Beach, FL 33404-6127 $684,481 Oct 2024 9,609 SF
101 Blue Heron, Riviera Beach, FL 33404-4542 $1,025,000 May 2022 4,804 SF
2129 Congress, Riviera Beach, FL 33404-5153 $2,200,000 Jan 2021 14,840 SF
2428 Broadway, Riviera Beach, FL 33404-4533 $408,000 Oct 2019 5,040 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2051 Dr Martin Luther King Jr Blvd Ste, Unit 100?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message