Projects
The Hangar - Riviera Beach
Project facts
- Status
- Completed
- Address
- 7210 Haverhill Business Pkwy
- City
- Riviera Beach, Florida
- Region
- South Florida
- Submarket
- West Palm Beach; Boca Raton
- Units
- 37
- Amenity tier
- Premium
- Key amenities
- Climate Control, Private Bathrooms, Owners' Clubhouse/Lounge, 18'+ Clear Heights
- Construction
- Tilt Wall
- Finish level
- High-Quality
- Year built
- 2019
- Flood zone
- X
Market value summary
- # of Sales (T-36)
- 6
- Avg Sale Price (T-36)
- $718 / SF
- Avg Sale Price (T-36)
- $1,015,000
- Avg Market Value
- $769 / SF
- Avg Market Value
- $1,052,000
Location Summary
Riviera Beach / West Palm Beach; Boca Raton Overview
The Hangar (Riviera Beach) occupies 7210 Haverhill Business Parkway in an established light-industrial park in western Riviera Beach, about 1.5 miles west of I-95 and 2 miles southwest of the Blue Heron Boulevard interchange. The address is deliberately inland, west of US-1 and roughly 4 miles from the Port of Palm Beach and the Intracoastal, holding industrial land basis while serving the barrier-island wealth around it. Beeline Highway (SR 710) feeds the corridor from the northwest, pulling Palm Beach Gardens and Jupiter owners in from the Palm Beach Park of Commerce side of the county; Palm Beach International Airport lies about 7 miles south. Singer Island, the Riviera Beach waterfront, downtown West Palm Beach, and the Town of Palm Beach are all a 10 to 15 minute drive.
Wealth sharpens as the radius widens, the defining demographic fact for the site: the three-mile ring is a working industrial and residential district holding 1,114 households above $200,000, while the seven-mile ring reaches 16,246 once it picks up Singer Island, North Palm Beach, and the Intracoastal frontage. Two inherited facts frame demand. Palm Beach County ranked first in the nation for net inflow of income from domestic migration, $22.7 billion cumulative from 2019 to 2023, in a state with no personal income tax, and downtown West Palm Beach's "Wall Street South" office boom, capped by a record $772 million construction loan for the 10 and 15 CityPlace towers, is pulling finance principals into the corridor full time. The buyer pool blends established Palm Beach and Boca Raton wealth with executives arriving from higher-tax markets already maintaining collections, on a corridor whose platform wealth percentile of 82.6 is trending upward.
Current Events & Infrastructure
- Marina Village redevelopment (about 4 miles east): In May 2026 the Riviera Beach City Council voted to negotiate with Forest Development on a $566 million, 12-acre remake of the city's Marina Village waterfront: a 270-room Marriott Autograph hotel, 164 condominiums, a 73,000-square-foot convention center, and three waterfront restaurants on a 99-year lease at $2.9 million annual rent. It projects 1,500 construction jobs and 1,000 permanent positions, with restaurants opening in about three years and the hotel in 42 months.
- Port of Palm Beach infrastructure program (about 4 miles east): The port completed a $30 million infrastructure program on March 26, 2026, six months early, funded by a U.S. Maritime Administration grant with FDOT support. It automated the main entrance, expanded truck lanes, and rehabilitated 6.5 miles of on-port rail, cutting truck wait times 50 percent at a facility moving 2.8 million tons of cargo and employing more than 3,800 people, reinforcing the industrial base immediately east of the site.
Key Demand Drivers
Riviera Beach and the north West Palm waterfront are adding thousands of residences and slips within a few miles of this address, and almost none of that product carries meaningful private garage space. Those owners need secure, climate-controlled, individually owned space near both the water and the interstate.
- Riviera Beach residential pipeline (about 1 to 4 miles out): As of November 2025 the pipeline totaled roughly 1,904 units across six projects, including Soleste on the Trail (255 units, $60 million construction loan) about one mile northeast at 7920 North Military Trail, Oculina at 3700 Broadway (399 units), 1117 Broadway (508 units), and the 418-unit Gallery at Marina Village.
- Safe Harbor Rybovich superyacht marina (about 4 miles southeast): Integra Investments bought the 15-acre marina at 4200 North Flagler Drive for $72.4 million in July 2026, backed by a $75 million loan, with an approved 2.6 million-square-foot plan for four residential towers totaling 660 units. It is the county's flagship superyacht yard and the densest pool of ultra-high-net-worth vessel owners near the site.
- Palm Beach International Boat Show and marine cluster (about 6.5 miles south): The April 2026 show drew more than 55,000 attendees and over 1,000 vessels, reporting $1.05 billion in regional economic impact. The industry behind it generates roughly $4.7 billion annually countywide and supports about 22,000 jobs, many of its yards sitting on the Riviera Beach and Port of Palm Beach waterfront within about 4 miles.
- Barrett-Jackson Palm Beach (about 9 miles southwest): The April 16 to 18, 2026 auction at the South Florida Fairgrounds produced more than $48.5 million across 610 vehicles at a 100 percent sell-through rate, topped by a 2016 Pagani Huayra at $3.19 million, the venue's highest result ever.
Location Highlights
- MSA Position: Palm Beach County anchors the northern third of a metro above 6 million residents, and this site sits in its fastest-changing waterfront city.
- Enthusiast & Collector Culture: A documented seven-figure local collector market, evidenced by the April 2026 Barrett-Jackson sale 9 miles southwest, in a year-round driving climate.
- Infrastructure & Recreation: Blue Heron Bridge, Phil Foster Park, Singer Island beaches, and the municipal marina sit 4 to 6 miles east, with an amphitheater and expanded Bicentennial Park coming.
- Coastal Risk Factor: Barrier-island owners face hurricane exposure and salt-air corrosion; an inland, secured address 4 miles west of the ocean answers both.
- Tax & Quality of Life: No Florida personal income tax, and the county led the nation in net income inflow from domestic migration, $22.7 billion cumulative from 2019 to 2023.
- High Net Worth Concentration: 1,114 households earn $200,000 or more within three miles, 7,412 within five, and 16,246 within seven, with median home values rising from $355,399 to $432,511 across that span.
Area Demographics (ACS 2024)
5-Mile Profile: Population 176,356 | Median HH Income $71,738 | HH Earning $150K+ 18.4% | Median Age 41.6 | Age 55+ 34.9% | Seasonal Units 10.4% | Households with 3+ Vehicles 14.2%
Wealth Index: 6.6 / 10 (SCK portfolio-relative)
Unit values
| Unit | Size | Market value | $ / SF |
|---|---|---|---|
| Unit 1 | 822 SF | $675,000 | $821 / SF |
| Unit 2 | 822 SF | $675,000 | $821 / SF |
| Unit 3 | 822 SF | $675,000 | $821 / SF |
| Unit 4 | 822 SF | $675,000 | $821 / SF |
| Unit 5 | 1,006 SF | $827,000 | $823 / SF |
| Unit 6 | 1,186 SF | $944,000 | $796 / SF |
| Unit 7 | 1,186 SF | $944,000 | $796 / SF |
| Unit 8 | 1,589 SF | $1,200,000 | $755 / SF |
| Unit 9 | 3,118 SF | $1,931,000 | $619 / SF |
| Unit 11 | 1,409 SF | $1,106,000 | $785 / SF |
| Unit 12 | 1,409 SF | $1,106,000 | $785 / SF |
| Unit 13 | 1,409 SF | $1,106,000 | $785 / SF |
| Unit 14 | 1,409 SF | $1,106,000 | $785 / SF |
| Unit 15 | 1,409 SF | $1,106,000 | $785 / SF |
| Unit 16 | 574 SF | $490,000 | $853 / SF |
| Unit 17 | 574 SF | $490,000 | $853 / SF |
| Unit 18 | 1,380 SF | $1,060,000 | $768 / SF |
| Unit 19 | 2,760 SF | $1,713,000 | $621 / SF |
| Unit 21 | 1,380 SF | $1,060,000 | $768 / SF |
| Unit 22 | 1,380 SF | $1,060,000 | $768 / SF |
| Unit 23 | 1,380 SF | $1,060,000 | $768 / SF |
| Unit 24 | 1,380 SF | $1,060,000 | $768 / SF |
| Unit 25 | 1,380 SF | $1,060,000 | $768 / SF |
| Unit 26 | 1,380 SF | $1,060,000 | $768 / SF |
| Unit 27 | 2,615 SF | $1,631,000 | $624 / SF |
| Unit 29 | 1,235 SF | $975,000 | $789 / SF |
| Unit 30 | 1,380 SF | $1,060,000 | $768 / SF |
| Unit 31 | 2,760 SF | $1,713,000 | $621 / SF |
| Unit 33 | 1,380 SF | $1,060,000 | $768 / SF |
| Unit 34 | 1,380 SF | $1,060,000 | $768 / SF |
| Unit 35 | 1,380 SF | $1,060,000 | $768 / SF |
| Unit 36 | 1,380 SF | $1,060,000 | $768 / SF |
| Unit 37 | 1,380 SF | $1,060,000 | $768 / SF |
| Unit 38 | 1,380 SF | $1,060,000 | $768 / SF |
| Unit 39 | 1,380 SF | $1,060,000 | $768 / SF |
| Unit 40 | 1,235 SF | $975,000 | $789 / SF |
| Unit 41 | 1,235 SF | $975,000 | $789 / SF |