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For Sale Available Listing #84976

60,969 SF Commercial For Sale — 2051 Dr Martin Luther King Jr Blvd, Riviera Beach – #84976

2051 Dr Martin Luther King Jr Blvd · Entire Property · Riviera Beach, FL 33404
60,969 SFAvailable space
OfficeProperty type
264Parking spaces
1999Year built
Quick Unit Specs
For Sale · not offered for sale
— Asking Price
— Price / SF
— Cap Rate
— NOI
The Space
60,969 SF Sq Ft
Office Type
Entire Property Suite
— Condition
Available Status
For Sale Listing Type
Now Available
— Op. Expenses
— Clear Height
— Drive-In Bays
— Dock-High Bays
— Yard
— Office SF
— Restrooms
— Power
— HVAC
264 spaces Estimated Parking
4.33 Parking Ratio
Location Map Click to explore · switch to satellite inside the map
Floor Plan
Floor plan not available yet Ask us and we'll get it to you as soon as it's available.
Building Description
Executive Summary
For Sale - Centrally Located Class B Office Riviera Beach, FL
Port Center is a fully updated, three-story Class B office building located in the core of Riviera Beach. Recent capital improvements—including a new roof installed in 2024—have positioned the Property as a turnkey investment with no deferred maintenance. The Building offers a stable rent roll, long-term tenancy, and strong in-place rents. Fully occupied with over 58% of the space leased to a single long-term tenant and the remainder to other established organizations, the Property provides consistent cash flow and the opportunity to further enhance returns through lease renewals and rent growth. Port Center presents a compelling investment opportunity with durable income, modern infrastructure, and strategic positioning in a growing market.
Approved Uses by Zoning — General Industrial (IG)

Uses permitted by right under the municipality’s zoning for this district. The property may carry additional restrictions (deed, association or lease), so tenants are responsible for confirming their intended use with the municipality and landlord before committing.

Allowed by right
Machine shop, Cabinet/millwork shop, Sign fabrication shop, Metal fabrication/welding shop, Food or beverage production facility, Brewery/distillery production facility, Apparel/textile manufacturing, Electronics assembly, 3D-printing/prototyping shop, Furniture manufacturing, Plastics/rubber products manufacturing, Warehouse/distribution center, Self-storage/mini-warehouse facility, Freight/trucking terminal, Moving and storage company, Wholesale distributor (general merchandise), Wholesale food distributor, Building materials/lumber yard, Contractor equipment/supply yard, Auto repair shop (general mechanical), Auto body/paint shop, Tire shop, Muffler/exhaust shop, Transmission repair shop, Oil change/lube shop, Truck/heavy equipment repair, Boat repair and service yard, Marine engine repair shop, Towing company/impound yard, Equipment/vehicle rental yard, Recycling drop-off/collection center, Portable storage container yard/depot, Home-based contractor office (home occupation)
With special approval
Recycling processing facility (material separation), Scrap metal/junk yard, Fireworks retail store, Pawn shop, Temporary labor/staffing office, Bar/nightclub/cocktail lounge, Daycare/child care center, Church/religious assembly, Medical marijuana dispensary/cultivation, Sober living/recovery residence, Corporate headquarters/major manufacturing on 5+ acre site
Read the full IG zoning guide ›

Frontage Traffic vs. Nearby & Palm Beach County's Busiest Roads

FDOT publishes no traffic count for Dr Martin Luther King Jr Blvd.
I‑95 (interstate) 255,000
Florida Turnpike 95,000
Okeechobee Blvd 62,000
US‑1 / Federal Hwy 46,000
Military Trail 40,000
Congress Ave300 ft 36,000
Beeline Hwy380 ft 18,100
Garden Rd0.3 mi 10,800
Ave U0.3 mi 6,400
Nearest FDOT-counted roads (distance) County's busiest roads (approx. peak) Vehicles per day (AADT)
Risk & Incentives
🌊 Flood Zone X · minimal ✓ Not in Flood Hazard Not an Opportunity Zone

Neighborhood Demographics · Census Tract 001403

Figures for the census tract this property sits in — the immediate surrounding neighborhood (roughly ½–2 sq. mi). For distance‑based totals, see the 1 / 3 / 5‑mile rings below.
3,406
Population
$32,970
Median Household Income
32
Median Age
1,241
Households
$120,500
Median Home Value
Household Income of 1,241 households
<$50k823 66%
$50–100k334 27%
$100–150k84 7%
$150k+0 0%
Age of 3,406 residents
Under 181,166 34%
18–34645 19%
35–54772 23%
55–64382 11%
65+441 13%

Trade-Area Rings · Distance from Property

Everyone living within a straight‑line radius of the property — the classic retail trade area. Each ring is cumulative (the 3‑mile total includes the 1‑mile).
1 Mile
7,253
population
2,181 households
$55,506 avg income
3 Miles
96,420
population
35,723 households
$79,827 avg income
5 Miles
209,999
population
88,020 households
$97,331 avg income
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Key highlights
  • Well-located Class B office building in Riviera Beach with fantastic access and visibility.
  • The Property has been completed renovated, including a new roof, with no deferred maintenance.
  • Strong cash flows from synergistic rent roll.
  • Upside opportunity with future mark to market.
Appraiser Data
Parcel Control No.56434231060010020
MunicipalityRiviera Beach
Assessed Value$8,071,770
Land Value$2,705,105
Improvement Value$5,236,070
Legal Description
BIG H & SONS SALES & STORAGE F
Sale History
Sale 1$133,313 · 12/2011
Source: Palm Beach County Appraiser Records
Proximity
✈ Airports
Palm Beach Intl (PBI) 9.3 mi 16 min drive
Ft. Lauderdale (FLL) 48.2 mi
Miami Intl (MIA) 68.4 mi
⚓ Seaports
Port of Palm Beach 2.5 mi
Port Everglades 46.7 mi
PortMiami 68.7 mi
Building Specifications
CityRiviera Beach, FL
ZIP Code33404
Year Built1999
Gross Leasable Area64,497 SF
Total Building SF64,497 SF
Land Area257,629 SF
Lot Size5.91 AC
Parking (building)264 Spaces
ConstructionGLASS & MASONRY
Parking Ratio4.33/1,000 SF
Floor Area Ratio0.25
Percent Leased100%
Amenities24 Hour Access; Controlled Access; Property Manager on Site; Security System; Signage; Air Conditioning
Walk Score40/100