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5501 Broadway, West Palm Beach, Florida 33407

Active For Sale
$1,500,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 1 in 3 days

Description

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.

Features

  • Heating System: Central, Electric
  • Cooling System: Central Air
  • Parking: Common

Address Map

  • Country: US
  • State: FL
  • County: Palm Beach
  • City: West Palm Beach
  • Zipcode: 33407
  • Street: Broadway
  • Street Number: 5501
  • Floor Number: 0
  • Longitude: W81° 56′ 39.9”
  • Latitude: N26° 45′ 34.8”
  • MLS Area: 5420

MLS Addon

  • Association Fee: $0
  • Close Price: $0
  • Insurance Expense: $0
  • Levels: One
  • Listing Terms: Cash, Other, Conventional
  • New Taxes Expense: $0
  • Stories: 1
  • Tax Annual Amount: $9,513
  • Tax Year: 2023

Location

Listing Updated: 2024-08-07 03:20:31

  • Property Type : Commercial Sale
  • Property Sub Type : Mixed Use
  • Listing Type : For Sale
  • Listing ID : A11635878
  • Price : $1,500,000
  • View : Garden
  • Bedrooms : 0
  • Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 1955
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 2
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