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Active - Business for sale
1200 E Blue Heron Boulevard, Riviera Beach, FL
Facts & features
Why you’ll love it
The three parcels making up this assemblage are currently zoned Multifamily and Office Professional. The highest and best use for this 1.5 Acre site is likely luxury condo development. With a five-story office building next door, a minimum of 5 stories and 40 condos would likely be approved. Entitlements for 8-12 stories are not out of the realm of possibility as the neighboring Ritz-Carlton Residences consist of 27 stories right across the street. The location is steps to the beach and minutes to Downtown West Palm Beach and the Palm Beach International Airport. With cash flowing assets in place, the Buyer can take their time with development plans and collect over $350,000 per year in rents. This purchase offers immediate cash flow and an incredible development opportunity going
Listings courtesy of Coldwell Banker Realty /Delray Beach.
Listed by: William Andrew Cunningham • (561) 856-7982 • Coldwell Banker Realty /Delray Beach
Co-listed by: Elyse Duff • (561) 856-7982 • Coldwell Banker Realty /Delray Beach
Source: Beaches MLS, MLS#: R10854429
Based on info available as of Nov 13, 2026 at 1:32 AM EST.
Come see by yourself
Affordability
$45,539/mo
- Mortgage$41,716
- Property tax$3,822
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$165,000 Credit back
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Travel times
About Palm Beach Shores
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Listing information ©2026 Beaches Multiple Listing Service®.
All Rights Reserved.
Data Last Updated: Nov 13, 2026 at 01:32am EST.
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$165,000 Credit back
