1999 DR MARTIN LUTHER KING JR BLVD, RIVIERA BEACH, FL 33404
Parcel: 56434231000005010 · Warehouse · Zoning: 048
Assessed Value (2026)
$37,005,530
Property Details
Year Built
1997
Lot Sqft
2,097,515
Sales History
1
$5,141,900
1996-11-01
Tax Assessment History
$37,005,530
Assessed (2026)
$42,027,210
Market Value
$37,005,530
Taxable Value
$753,403
Annual Tax
2025
$42,027,209
2026
$37,005,530
$42,027,210
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $37,005,530 | $42,027,210 | $37,005,530 | $753,403 | $12,585,090 | $29,442,120 |
| 2025 | $42,027,209 | $42,027,209 | $42,027,209 | $855,640 | $12,585,090 | $29,442,119 |
About 1999 DR MARTIN LUTHER KING JR BLVD, RIVIERA BEACH, FL 33404
1999 DR MARTIN LUTHER KING JR BLVD, RIVIERA BEACH, FL 33404 is a property built in 1997 on a 2,097,515 square foot lot. The property is currently owned by SYSCO FOOD SERVICES, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 1996-11-01 for $5,141,900. The 2026 assessed value is $37,005,530 with a market value of $42,027,210. This breaks down to $12,585,090 for the land and $29,442,120 for the building.
The assessed value decreased 12% from $42,027,209 in 2025. The median household income in this area is $36,709, and the median home value is $130,700. The population density is 3,820 people per square mile.
1999 DR MARTIN LUTHER KING JR BLVD, RIVIERA BEACH, FL 33404 is located in RIVIERA BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this RIVIERA BEACH property are sourced from palm_beach County public records. The current assessed value represents 720% of the most recent sale price.
This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..
Current Owner
SYSCO FOOD SERVICES
1999 HIGHWAY 710, RIVIERA BEACH, Florida, 33404
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$266,839 — $467,069
Flood $400 — $800
Property/Wind $266,439 — $466,269
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$36,709
Median Home Value$130,700
Pop. Density3,820/sq mi
Neighborhood 33404
55.5%
Owner-Occ
44.5%
Investor
8,209
Flips (4yr)
3,378
New Biz (3yr)
Distress Risk
MODERATE
31
Zoom in to see property sales