Map of Property

Government-Tenanted Office Building For Sale

For Sale

2051 Dr Martin Luther King Jr Blvd, Riviera Beach, FL 33404

This Riviera Beach property for sale is located at 2051 Dr Martin Luther King Jr Blvd. The current listed sale price for Government-Tenanted Office Building For Sale is $13,750,000. Government-Tenanted Office Building For Sale is situated on a lot that is 5.91 square feet in size.

Contacts

broker

Bastian Schauer

broker

Mark M. Rubin

Colliers

(561) 549-9452

Property Details

  • Property Type Office - General Office
  • Lot Size 5.91 SF
  • Building Class B
  • Year Built 1999
  • Year Renovated 2018
  • Date Updated Apr 25, 2024

Port Center is a well maintained, three-story Class B office building centrally located in Riviera Beach. The Property has been recently updated and features an impressive rent roll of Government tenants. The recent leasing activity has raised the in-place income and extended the lease terms. Investors looking for cash flow and value add opportunities will be attracted by the strong in place rent and potential upside in leasing the vacant spaces and continuing to raise the in-place rents as leases roll over. Overall, Port Center presents as an attractive investment opportunity for a wide range of investors with no deferred maintenance, a strong location, and robust cash flows from credit tenants.

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Attachments

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  • 48/100

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Location

  • City Riviera Beach, FL
  • Neighborhood Port Commerce Center
  • Zip Code 33404
  • Market West Palm Beach Boca Raton

Points of Interest

  • Mangonia Park

    1.07 miles

  • West Palm Beach

    4.25 miles

  • West Palm Beach

    4.47 miles

  • Palm Beach Citgo

    0.14 miles

  • Racetrac

    0.78 miles

  • Tesla Supercharger

    0.91 miles

  • Wawa

    0.96 miles

  • Chevron

    1.01 miles

  • Shell

    1.07 miles

  • Chevron

    1.27 miles

  • RaceTrac

    1.32 miles

  • CF

    1.46 miles

  • 7-Eleven

    1.50 miles

  • Currie Park

    3.33 miles

  • Currie Park

    3.38 miles

  • Judicial Center Parking Garage

    4.23 miles

  • Sapodilla Public Parking Garage (Police Garage)

    4.26 miles

  • Government Center Parking Lot

    4.28 miles

  • USPS Lot

    4.33 miles

  • USPS Employee Lot

    4.33 miles

  • Clematis Public Parking Garage

    4.34 miles

  • Governmental Center Parking Garage

    4.36 miles

  • City Center Public Parking Garage

    4.39 miles

  • Courtyard West Palm Beach

    0.64 miles

  • SpringHill Suites by Marriott West Palm Beach I-95

    0.83 miles

  • Residence Inn by Marriott West Palm Beach

    0.85 miles

  • Holiday Inn Express West Palm Beach Metrocentre

    0.87 miles

  • Travelodge RIVIERA BEACH/WEST PALM

    0.96 miles

  • Super 8 Beach West Palm Beach

    1.27 miles

  • Friend's place

    3.15 miles

  • Marriott’s Ocean Pointe

    3.50 miles

  • Reception Desk

    3.51 miles

  • Palm Beach Shores Resort and Vacation Villas

    3.56 miles

  • Walmart Supercenter

    1.00 miles

  • Walmart Supercenter

    1.80 miles

  • Aldi

    2.03 miles

  • Target

    2.54 miles

  • Publix

    2.57 miles

  • Palm Beach Outlet

    3.04 miles

  • Publix

    3.09 miles

  • Ross

    3.11 miles

  • Northlake Promenade Shoppes

    3.13 miles

  • TJ Maxx

    3.17 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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