561-281-6656
2051 Dr Martin Luther King Jr Blvd, Riviera Beach, FL for Sale
Office - FOR SALE
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2051 Dr Martin Luther King Jr Blvd
Riviera Beach, FL 33404


HIGHLIGHTS

  • Well-located Class B office building in Riviera Beach with fantastic access and visibility.
  • Strong cash flows from synergistic rent roll.
  • The Property has been completed renovated, including a new roof, with no deferred maintenance.
  • Upside opportunity with future mark to market.

OVERVIEW

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 42% 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.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Port Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

264

LAND DETAILS

LAND ACRES

5.91 AC

LAND SF

257,440 SF

ZONING

IG

APN/PARCEL ID

56-43-42-31-06-001-0020

ASK ABOUT THIS PROPERTY

Bastian SchauerColliersMore Info
561-281-6656

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Bastian SchauerColliersMore Info
561-281-6656

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.