$425,000

Approved Multifamily Development Opportunity on W Blue Heron Blvd Rare shovel-ready multifamily development site located along W Blue Heron Blvd, one of Riviera Beach’s key east-west corridors connecting I-95, US-1, Broadway, and Singer Island. The property has received final site plan approval as of December 2024 for the development of 4 duplex buildings totaling 8 residential units and approximately 7,848 SF of building area. The approved unit mix includes spacious two-story 3-bedroom/2-bath residences and single-level 2-bedroom/2-bath flats, with 16 dedicated parking spaces, including one ADA-accessible space. Situated on an approximately 15,756 SF lot and zoned Downtown General (DG), the current approved design uses only about 26% lot coverage and a 0.50 FAR, well below the zoning allowances of up to 70% lot coverage and 2.0 FAR. This may provide future flexibility for enhanced density, redesign, or alternative development strategies, subject to municipal approvals. Surveys, stamped plans, and approval documentation are available, offering developers a clear path to move quickly from acquisition to construction. With strong visibility, direct corridor access, proximity to beaches, employment centers, retail, and ongoing redevelopment activity in Riviera Beach, this site presents a compelling opportunity for builders, investors, and multifamily developers seeking speed-to-market and long-term rental demand.