5509 Broadway, West Palm Beach FL, 33407

Active

5509 Broadway

West Palm Beach FL, 33407

$1,500,000

$709.89 per sqft

Active

2,113 sqft

Commercial

Built in 1948

Explore this exceptional redevelopment opportunity in the heart of the Broadway Corridor CRA. This combined 22,812 SF parcel permitted mixed-use allows for the construction of a three-story building, offering the flexibility to develop a dynamic combination of residential, commercial, and retail spaces. The location benefits from high traffic visibility and strong growth potential, enhanced by its position within a designated Community Redevelopment Area. The Opportunity Zone designation further provides significant tax incentives and development benefits, making this property an attractive investment. Ideal for developers seeking to capitalize on the strategic location and favorable zoning regulations. Don't miss this unique opportunity to shape the future of the Broadway Corridor.

A11635844

MLSⓇ ID

August 5, 2024

Listed

October 2, 2024

Updated

Map

5509 Broadway
West Palm Beach FL, 33407

Interior Features

Floor Description: Concrete, Tile, Vinyl
Fireplace: No
Cooling: Yes
Cooling Description: Central Building A/C
Heating: Yes
Heating Description: Central Gas

Exterior/Building Features

Lot Size: 0.31 Acres
Lot Features: Corner Lot, In Residential Area
Roof: Tar Gravel Roof
Sewer: Public Sanitation

Other Property Details

Taxes: $7,750
Tax Frequency: Annually
Days on Market: 17
Garage: No
Parking: Common
View: No
County: Palm Beach County
Water Source: Public
Pool: No
Zoning: BMUD TYP

Listed by: The Keyes Company
Listing Contact: 954-707-1307

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 1:23 AM UTC, 10/2/2024.