Active

5501 Broadway

West Palm Beach FL, 33407

$1,500,000


$494.40 per sqft

Active

3,034 sqft

Commercial

Built in 1955

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.

A11635878

MLS ID

August 5, 2024

Listed

October 2, 2024

Updated

Map

5501 Broadway
West Palm Beach FL, 33407

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Building A/C


Heating

Yes


Heating Description

Central Electric

Exterior/Building Features

Lot Size

0.22 Acres


Lot Features

City Location, In Residential Area


Roof

Tar Gravel Roof


Sewer

Public Sanitation

Other Property Details

Taxes

$9,513


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. 

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Data last updated 1:30 AM UTC, 10/2/2024.

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