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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3334 Broadway, Unit 100 Riviera Beach, FL 33404-2328

    • Hotels
    • 3,282 SF
    • 1.14 lot acres
    OFF-MARKET
    Value Estimations
    $335,000
    Show details
    Cap Rate Potential
    7.9%
    Hotels
    Location Intelligence
    Property ID
    US18-1788484
    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

    • Hotels

    Property Details for 3334 Broadway

    Year built
    1957
    Construction
    WOOD
    Lot size
    1.14 lot acres
    Property size
    3,282 SF
    Zone code
    DG
    Property type
    Hotels
    Property subtype
    Motels
    APN
    56-43-42-28-00-001-0090
    APU
    56434228000010090

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $310,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $410,000
      6.5%
      $380,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $323,000
      Market price range: $57.6k - $414k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Riviera Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0536
    Latitude
    26.7894
    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
    $13,860
    $626,346
    $351,223
    $977,569
    -
    $626,346
    $351,223
    $977,569

    Comparable in this City

    • Value Estimation
      $505,000
      7,491 SF

      1000 Blue Heron Blvd

      HOTEL/MOTEL • 7,491 SF
      1000 Blue Heron Blvd, Riviera Beach, FL 33404-4726
      View Details
    • Value Estimation
      $270,000
      4,011 SF

      212 Blue Heron Blvd, Unit 1

      HOTEL/MOTEL • 4,011 SF
      212 Blue Heron Blvd, Riviera Beach, FL 33404-4545
      View Details
    • Value Estimation
      $570,000
      31,312 SF

      3651 Blue Heron Blvd, Unit 102

      HOTEL/MOTEL • 31,312 SF
      3651 Blue Heron Blvd, Riviera Beach, FL 33404-4901
      View Details
    • Value Estimation
      $235,000
      4,476 SF

      186 Blue Heron Blvd, Unit 1

      HOTEL/MOTEL • 4,476 SF
      186 Blue Heron Blvd, Riviera Beach, FL 33404-4543
      View Details
    • Value Estimation
      $815,000
      16,152 SF

      2401 Bch Ct

      HOTEL/MOTEL • 16,152 SF
      2401 Bch Ct, Riviera Beach, FL 33404-4722
      View Details
    • Value Estimation
      $505,000
      18,960 SF

      4112 Blue Heron Blvd, Unit 101

      HOTEL/MOTEL • 18,960 SF
      4112 Blue Heron Blvd, Riviera Beach, FL 33404-4855
      View Details

    Similar Nearby for Sale

    • $750,000

      Oceanfront Condo Hotel Residence

      Furnished 1-bedroom condo with resort amenities and rental income potential.
      3800 N Ocean Dr, West Palm Beach, FL 33404
      View Details
    • $2,077,000

      Oceanfront Condo with Wraparound Balcony

      Corner condo with ocean and intracoastal views and luxurious amenities.
      3100 N Ocean Dr, West Palm Beach, FL 33404
      View Details
    • $2,200,000
      8,964 SF

      Riviera Beach Retail Investment Opportunity

      Prime Retail Space, 8,964 SF, $2.2M
      0 2305, West Palm Beach, FL 33404
      View Details
    • $2,800,000
      5,931 SF

      Prime Singer Island Investment

      12 Bedroom Sober Home, Beachfront Potential
      1200 Surf Rd, West Palm Beach, FL 33404
      View Details
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      1,000 SF

      Riviera Beach Flex Condo

      Corner flex condo in established industrial park with drive-in access.
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    • $2,500,000

      Singer Island Land Opportunity

      Land for sale across the street from the ocean.
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      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      3,700 SF

      Industrial Space Near Major Highways

      4,400 SF industrial space with multiple loading doors.
      6557 Garden Rd, Riviera Beach, FL 33404
      View Details
    • Contact for pricing
      9,405 SF

      West Palm Beach Warehouse Space

      Tilt-up concrete warehouse with dock high loading near I-95.
      3900 Fiscal Ct, West Palm Beach, FL 33404
      View Details
    • $1,800 /Mo

      Updated Two-Bedroom Duplex Available

      Two-bedroom, one-bathroom duplex unit for rent, updated and convenient.
      1260 Dr Martin Luther King Jr Blvd, Riviera Beach, FL 33404
      View Details
    • $29 SF/Yr
      54,078 SF

      Business Park One: West Palm Beach

      Flex Space, Warehouse, Manufacturing
      3866 Prospect Ave, West Palm Beach, FL 33404
      View Details
    • $1,600 /Mo

      Modern Two-Bedroom Riviera Beach Home

      Modern 2-bedroom, 1-bath multi-family home in Riviera Beach.
      1457 W 31St St, Riviera Beach, FL 33404
      View Details
    • Contact for pricing
      6,099 SF

      Prime Retail Space on Blue Heron

      Retail space with high visibility and traffic on Blue Heron.
      1400-1480 W Blue Heron Blvd, Riviera Beach, FL 33404
      View Details
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    3334 Broadway, Unit 100
    Riviera Beach, FL 33404-2328
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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