New search
Property profile & analytics
OFF-MARKET
Warehouses
3661 Blue Heron Blvd, Riviera Beach, FL 33404-4901
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-6782669
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Lot
0.92 ac (40,001 SF)
Zoning code
IL
APN
56-43-42-30-22-001-0000
UPID
US18-6782669
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Riviera Eastvale LLC · 1 yrs held
Riviera Eastvale LLC
since 2024
7 recorded transactions
Zoning & alternative use
IL · Riviera Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Riviera Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riviera Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,001
Tax year 2023
Assessed value
$500,345
Assessed 2023
Previous assessed
$500,345
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$485,600
Assessed improvement
$14,745
Land market value
$485,600
Improvement market value
$14,745
Total market value
$500,345
Applied tax rate
56,407.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Heating
NONE
Lot
0.92 ac (40,001 SF)
Zoning code
IL
APN
56-43-42-30-22-001-0000
UPID
US18-6782669
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
IL · Riviera Beach, FL
Zoning IL · permitted uses
IL · Riviera Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riviera Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.92 ac
Current owner
From public records · entity-resolved
Riviera Eastvale LLC
Entity
Mailing address
505 S FLAGLER DR STE #700, WEST PALM BEACH, FL 33401-5946
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2024
$5,432,000
Riviera Eastvale LLC
3661 Blue Heron Investors LLC
Special Warranty Deed
—
Feb 25, 2021
—
3661 Blue Heron Investors LLC
—
Deed
related
$2,310,000 · Provident Bank
Feb 25, 2019
$3,680,000
3661 Blue Heron Investors LLC
Efn Blue Heron Property LLC
Grant Deed
$2,310,000 · Bankunited Fsb
Sep 23, 2015
$14,000,000
Tt Of Riviera Beach INC
Efn Blue Heron Property LLC
Grant Deed
—
Nov 17, 2010
$1,700,000
Efn Blue Heron Property LLC
Spirit Master Funding III LLC
Grant Deed
—
Aug 22, 2006
$3,800,000
Spirit Master Funding III LLC
Princeton Holding Co
Warranty Deed
—
Apr 4, 2005
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Aug 28, 1992
$1,000,000
Martino,joel A Trust
Afl INC
Warranty Deed
related
$1,012,696
—
—
Princeton Holding Co
—
Deed Of Trust
related
$2,500,000 · Regions Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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 3661 Blue Heron Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
