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