# 1620 Avenue E, West Palm Beach, FL 

> **TL;DR:** commercial, $750,000 ($181/sqft), built 1966, 4,146 sqft.
> A/C. Est. $4,011/mo. Listed 9 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $750,000 |
| Price/sqft | $181 |
| Square Feet | 4,146 |
| Year Built | 1966 |
| Lot Size | 13,504 sqft (0.31 acres) |
| Stories | 1 |
| Property Type | Commercial (Retail) |
| Status | For Sale |
| Days on Market | 9 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,792 |
| Estimated Insurance | $219 |
| **Total** | **$4,011** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1966
- 0.31 acre lot
- 20 parking spaces

## Description

### Agent Description
Excellent value-add investment opportunity in Riviera Beach! This 4,146 SF neighborhood retail center consists of five approximately 860 SF units on a 0.31-acre parcel with DG zoning. Currently 80% occupied with four established tenants and one vacant unit, offering immediate upside through lease-up. Existing tenants are on Modified Gross leases with 5% annual rent increases and reimbursement provisions for utilities and operating expense increases. The property has recently undergone exterior improvements, including a fresh building repaint and newly re-striped parking lot, enhancing curb appeal and reducing near-term capital needs. Current gross income exceeds $64,000 annually with the potential to increase significantly by leasing the remaining vacancy. Long-term leases provide stable.. Long-term leases provide stable cash flow while contractual rent escalations drive future NOI growth. Conveniently located near major thoroughfares, residential neighborhoods, and ongoing redevelopment throughout Riviera Beach. Ideal opportunity for investors seeking in-place income with clear value-add potential.

## Location

- **Address:** 1620 Avenue E, West Palm Beach, FL 
- **County:** Palm Beach
- **Coordinates:** 26.77687, -80.056393
- **Google Maps:** https://www.google.com/maps?q=26.77687,-80.056393

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/1620-Avenue-E-West-Palm-Beach-FL/unbranded

## Listing Agent

- **Name:** Thomas Sinner
- **Brokerage:** Keller Williams Realty/P B
- **Phone:** 8623243094

## Primary Photo

![1620 Avenue E - Primary Photo](http://lh.rdcpix.com/6c4ec8a673639b31ad74eb9a50100b3bl-f969681924r.jpg)

*3 total photos available on [listing page](https://www.propertysimple.ai/listing/1620-avenue-e-west-palm-beach-fl-26045046)*

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**MLS#:** B26045046 | **Updated:** 2026-08-02
**Source:** listhub

*Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1620-avenue-e-west-palm-beach-fl-26045046)

---

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