Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

3541 Dr Martin Luther King Jr Blvd 13 Riviera Beach, FL 33404

FOR SALE
Showrooms
Property ID
US18-5981850
64,610 SF 5.75 ac lot Built 2003
Last sale Apr 2021 · $12,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
3541 Dr Martin Luther King Jr Blvd,Unit 13, Riviera Beach, FL 33404 For Sale
$12,055,000 64,610 SF
3541 Dr Martin Luther King Jr Blvd,Unit 13, Riviera Beach, FL 33404
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$202k
Tax billed · 2023
Assessed value$8.71M
Assessed land$2.32M
Assessed improvement$6.39M
Effective rate2.32%

Value estimate

· Oct 2026
$12.06M
$10.85M – $13.26M
AI approach$11.77M
CAP approach$15.09M
Submarket $/SF estimate$9.82M
NOI build-up
Gross scheduled income$90k
Vacancy & credit loss−$5k
Operating expenses−$25k
NOI · 762.11% cap applied$59k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$227/SF
ZIP average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$144 – $416
Qualifying comparables6

Cap rate analysis

How does the asset earn?
762.11%
$59k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IG
General categoryINDUSTRIAL
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.5
Tailor Shop8.6
Pet Grooming Service8.5

Location

3541 Dr Martin Luther King Jr Blvd, Unit 13 Riviera Beach, FL 33404
County assessor Recorded deeds · 5 transfers 6 qualifying comp sales 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8360 Currency, West Palm Beach, FL 33404-1714 $3,500,000 May 2025 16,380 SF
6461 Gdn, Riviera Beach, FL 33404-6397 $9,000,000 Apr 2025 38,979 SF
1700 Ave L, Riviera Beach, FL 33404-5438 $26,585,000 Mar 2025 15,228 SF
3661 Blue Heron, Riviera Beach, FL 33404-4901 $5,432,000 Aug 2024 44,112 SF
2501 Broadway, Riviera Beach, FL 33404-4534 $3,900,000 Jul 2024 16,004 SF
3866 Prospect, West Palm Beach, FL 33404-3342 $10,950,000 Mar 2024 23,426 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
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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