$8,250,000

Est. Mortgage $41,716/mo *

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1200 E Blue Heron Boulevard, Riviera Beach, FL, 33404

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65,340 sqft

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

Status:

Active

Type:

Lot / Acreage

Zoning:

OP(cit

Subdivision:

PALM BEACH SHORES

Acreage:

1.5

Est. Taxes:

$45,866

Lot Description:

1 to < 2 Acres

MLS #:

RX-10854429

Community Info

School Info

Palm Beach Bilingual School

Enrollment: 82

Distance: 1.28 Miles

Community Rating:

Lake Park Elementary School

Rating: 7/10

Enrollment: 376

Distance: 1.67 Miles

Community Rating:

Inlet Grove High Adult

Enrollment: 0

Distance: 1.77 Miles

Inlet Grove Community High School

Rating: 4/10

Enrollment: 750

Distance: 1.77 Miles

Community Rating:

Baldwin Prep School

Enrollment: 112

Distance: 1.82 Miles

Community Rating:

Lake Park Baptist School

Enrollment: 211

Distance: 2.06 Miles

Community Rating:

The Conservatory School

Rating: 8/10

Enrollment: 948

Distance: 2.33 Miles

Community Rating:

West Riviera Elementary School

Rating: 3/10

Enrollment: 609

Distance: 2.34 Miles

Community Rating:

Teen Parent Program - Pk

Enrollment: 56

Distance: 2.39 Miles

Lincoln Elementary School

Rating: 4/10

Enrollment: 439

Distance: 2.39 Miles

Community Rating:

R J Hendley Christian Community School

Enrollment: 97

Distance: 2.57 Miles

Community Rating:

Northboro Elementary School

Rating: 7/10

Enrollment: 769

Distance: 2.64 Miles

Community Rating:

His Academy/Institute

Enrollment: 11

Distance: 2.66 Miles

Community Rating:

Alternative Program Central

Enrollment: 13

Distance: 2.69 Miles

Suncoast High Adult Education Center

Enrollment: 0

Distance: 2.83 Miles

Suncoast Community High School

Rating: 7/10

Enrollment: 1,591

Distance: 2.83 Miles

Community Rating:

Northmore Elementary School

Rating: 5/10

Enrollment: 570

Distance: 2.86 Miles

Community Rating:

Washington Elementary Magnet School

Rating: 2/10

Enrollment: 339

Distance: 2.89 Miles

Community Rating:

John F. Kennedy Middle School

Rating: 1/10

Enrollment: 787

Distance: 2.91 Miles

Community Rating:

Dr. Mary Mcleod Bethune Elementary School

Rating: 3/10

Enrollment: 624

Distance: 2.92 Miles

Community Rating:

Highridge Family Center

Enrollment: 39

Distance: 3.08 Miles

Community Rating:

Coastal Middle & Sr High School

Enrollment: 26

Distance: 3.18 Miles

Community Rating:

Riviera Beach Preparatory & Achievement Academy

Enrollment: 159

Distance: 3.49 Miles

Community Rating:

North Technical Education Center

Enrollment: 0

Distance: 3.49 Miles

Ephesus Adventist Academy

Enrollment: 123

Distance: 3.53 Miles

Community Rating:

St Clare School

Enrollment: 322

Distance: 3.54 Miles

Community Rating:

Pleasant City Elementary School

Rating: 5/10

Enrollment: 317

Distance: 3.63 Miles

Community Rating:

Howell L. Watkins Middle School

Rating: 3/10

Enrollment: 912

Distance: 3.7 Miles

Community Rating:

Palm Beach Virtual Instruction Program

Rating: 8/10

Enrollment: 27

Distance: 3.76 Miles

Community Rating:

Palm Beach Virtual Instruction (Course Offerings)

Enrollment: 0

Distance: 3.76 Miles

Community Rating:

Palm Beach Virtual Franchise

Rating: 7/10

Enrollment: 102

Distance: 3.76 Miles

Community Rating:

Palm Beach Virtual Instruction (Course Offerings)

Enrollment: 14

Distance: 3.76 Miles

Community Rating:

Bak Middle School Of The Arts

Rating: 10/10

Enrollment: 1,381

Distance: 3.78 Miles

Community Rating:

Allamanda Elementary School

Rating: 7/10

Enrollment: 719

Distance: 3.85 Miles

Community Rating:

The Benjamin Private School Inc

Enrollment: 1,057

Distance: 4.08 Miles

The Benjamin School

Enrollment: 1,051

Distance: 4.08 Miles

Community Rating:

Roosevelt Middle Adult Education Center

Enrollment: 0

Distance: 4.11 Miles

Roosevelt Middle School

Rating: 4/10

Enrollment: 1,074

Distance: 4.11 Miles

Community Rating:

Batt Private School

Enrollment: 25

Distance: 4.11 Miles

Yarnell Schools

Enrollment: 24

Distance: 4.11 Miles

The Repair Shop

Enrollment: 30

Distance: 4.11 Miles

University Preparatory Academy Palm Beach

Rating: 4/10

Enrollment: 285

Distance: 4.13 Miles

Gardens School Of Technology Arts Inc

Rating: 5/10

Enrollment: 360

Distance: 4.16 Miles

Community Rating:

Palm Beach Gardens Elementary School

Rating: 8/10

Enrollment: 723

Distance: 4.3 Miles

Community Rating:

Roosevelt Elementary School

Rating: 3/10

Enrollment: 342

Distance: 4.31 Miles

Community Rating:

Grove Park Elementary School

Rating: 6/10

Enrollment: 548

Distance: 4.39 Miles

Community Rating:

Lindamood-Bell Learning Processes Palm Beach Cnty

Enrollment: 2

Distance: 4.41 Miles

U. B. Kinsey/Palmview Elementary School

Rating: 6/10

Enrollment: 615

Distance: 4.42 Miles

Community Rating:

Rosarian Academy

Enrollment: 379

Distance: 4.49 Miles

Community Rating:

St Mark's Episcopal School

Enrollment: 463

Distance: 4.53 Miles

Community Rating:

Bright Futures Academy

Rating: 3/10

Enrollment: 211

Distance: 4.62 Miles

Community Rating:

Palm Beach Lakes High School

Rating: 1/10

Enrollment: 2,399

Distance: 4.68 Miles

Community Rating:

Westward Elementary School

Rating: 5/10

Enrollment: 581

Distance: 4.75 Miles

Palm Beach Lakes High Adult Education

Enrollment: 0

Distance: 4.75 Miles

Saint Ann Catholic School

Enrollment: 273

Distance: 4.79 Miles

Community Rating:

Palm Beach Gardens High School

Rating: 2/10

Enrollment: 2,736

Distance: 4.91 Miles

Community Rating:

Palm Beach Gardens High Adult Education Center

Enrollment: 0

Distance: 4.91 Miles

The Weiss School

Enrollment: 304

Distance: 5.04 Miles

Community Rating:

Academy of Palm Beach Montessori

Enrollment: 402

Distance: 5.29 Miles

Palm Beach Public School

Rating: 8/10

Enrollment: 383

Distance: 5.34 Miles

Community Rating:

Alexander W Dreyfoos Junior School Of The Arts

Rating: 9/10

Enrollment: 1,382

Distance: 5.4 Miles

Community Rating:

Score at the Top Learning Center-Palm Beach Gardens

Enrollment: 82

Distance: 5.4 Miles

Dwight D. Eisenhower Elementary School

Rating: 7/10

Enrollment: 519

Distance: 5.46 Miles

Community Rating:

Palm Beach Christian Academy

Enrollment: 258

Distance: 5.62 Miles

Renaissance Charter School At West Palm Beach

Rating: 8/10

Enrollment: 994

Distance: 5.64 Miles

Community Rating:

Bear Lakes Middle School

Rating: 2/10

Enrollment: 781

Distance: 5.64 Miles

Community Rating:

Egret Lake Elementary School

Rating: 5/10

Enrollment: 632

Distance: 5.64 Miles

Community Rating:

Coates Learning Center

Enrollment: 12

Distance: 5.68 Miles

Seminole Trails Elementary School

Rating: 5/10

Enrollment: 794

Distance: 5.9 Miles

Community Rating:

Palm Beach Day Academy

Enrollment: 202

Distance: 6.06 Miles

Trinity Christian School of Palm Beach

Enrollment: 335

Distance: 6.07 Miles

Community Rating:

Cardinal Newman High School

Enrollment: 495

Distance: 6.1 Miles

Community Rating:

S.A.T. Virtual Resource Center

Enrollment: 5

Distance: 6.11 Miles

The Greene School

Enrollment: 123

Distance: 6.18 Miles

Community Rating:

Oxbridge Academy of the Palm Beaches

Enrollment: 502

Distance: 6.23 Miles

Obridge Academy

Enrollment: 522

Distance: 6.3 Miles

Florida Futures Academy North Campus

Rating: 1/10

Enrollment: 131

Distance: 6.39 Miles

Community Rating:

Mountaineer's School of Autism Inc.

Enrollment: 46

Distance: 6.52 Miles

Mountaineers School of Autism Inc

Enrollment: 46

Distance: 6.52 Miles

Community Rating:

Worthington High School

Enrollment: 222

Distance: 6.54 Miles

Watson B. Duncan Middle School

Rating: 6/10

Enrollment: 1,317

Distance: 6.54 Miles

Community Rating:

Timber Trace Elementary School

Rating: 9/10

Enrollment: 1,007

Distance: 6.63 Miles

Community Rating:

West Gate Elementary School

Rating: 5/10

Enrollment: 811

Distance: 6.75 Miles

Community Rating:

Connections Education Center of the Palm Beaches

Enrollment: 18

Distance: 6.75 Miles

Ese Hospital Homebound Instructional Services

Enrollment: 0

Distance: 6.76 Miles

Belvedere Elementary School

Rating: 3/10

Enrollment: 557

Distance: 6.87 Miles

Community Rating:

Adult Education Center Of Palm Beach

Enrollment: 0

Distance: 6.97 Miles

Jeaga Middle School

Rating: 3/10

Enrollment: 932

Distance: 7.14 Miles

Community Rating:

Grassy Waters Elementary School

Rating: 6/10

Enrollment: 864

Distance: 7.25 Miles

Community Rating:

Conniston Middle School

Rating: 3/10

Enrollment: 1,172

Distance: 7.49 Miles

Community Rating:

Arthur I Meyer Jewish Academy

Enrollment: 110

Distance: 7.63 Miles

Community Rating:

William T. Dwyer High School

Rating: 4/10

Enrollment: 2,317

Distance: 7.71 Miles

Community Rating:

St Juliana School

Enrollment: 340

Distance: 7.71 Miles

Community Rating:

Franklin Academy Charter C

Rating: 4/10

Enrollment: 670

Distance: 7.78 Miles

Community Rating:

Franklin Academy Charter D

Rating: 8/10

Enrollment: 363

Distance: 7.78 Miles

Community Rating:

Marsh Pointe Elementary School

Rating: 10/10

Enrollment: 887

Distance: 7.98 Miles

Community Rating:

School Information courtesy of GreatSchools