200 Dr Martin Luther King JrRiviera Beach, FL 33404

  • Showrooms
  • 115,615 SF
Off market
$10,891,274 Estimated

Property Details for 200 Dr Martin Luther King Jr

Year built
1971
Construction
CONCRETE
Lot size
8.05 AC
Property size (Sq ft)
115,615 SF
Zone code
IL
Property type
Showrooms
APN
56-43-42-32-01-000-0012
APU
56434232010000012

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $37,555,200
    6.5%
    $34,666,300
    7%
    $32,190,100
  • Comparable approach

    Method
    Valuation
    Relative Method
    $33,448,300
    Geo Method
    $33,448,300
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $66,448,000
    Mixed-Use / Specialty
    $35,009,300
    Hospitality / Lodging
    $26,292,800
    Office
    $35,287,400
    Institutional / Educational
    $36,562,400
    Residential Income
    $42,778,000
    Multifamily
    $48,718,800
    Automotive / Energy
    $31,339,200
    Parking / Income-Based Land
    $10,353,800
    Restaurant / Food Service
    $19,204,500
    Healthcare / Senior Housing
    $35,422,900

Location Insight

City
Riviera Beach
County
Palm Beach
State
Florida
Latitude
26.7702
Longitude
-80.06
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$180,739
$4,555,798
$6,335,476
$10,891,274
-
$4,555,798
$6,335,476
$10,891,274

FAQs

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