E 13th St
Riviera Beach, FL 33404
Due Diligence Pending
Equity Seeking$ 30,000,000
Equity StructurePreferred Equity
Riviera Beach Downtown Mixed-Use Towers – City-Supported Development Opportunity
Total Raise$ 35,000,000
Equity Seeking$ 30,000,000
Sponsor Co-Investment$ 5,000,000
Debt Financing$ 10,000,000
Preferred ReturnAbove 10%
Profit Split (Investor/Sponsor)60 / 40
Project TypeGround-Up Development
Hold Period6–12 Months
Investment Annual IncomeTBD
Investment Monthly IncomeTBD
Lot Size Ac / Sq Ft3 / 130,680
Zoning / UseCommercial
Entitlement StatusIn Process
Permit StatusNot Submitted
Estimated Resale Price$ 120,000,000
Projected Building Size (Sq Ft)800,000
Projected # Units120
Projected # of Stories8
Projected Parking Spaces150
Loading...
Property Location
RRick P.
Broker / Agent