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5501 Broadway
West Palm Beach, FL 33407
FOR
SALE
$1,500,000
For Sale
3,034
Sq.Ft.MLS# A11635878
Cumulative Days on Market: 68
(since
August 5th, 2024)
Data provided by the MLS.
Property Details
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. Dont miss this unique opportunity to shape the future of the Broadway Corridor.
Property Highlights
Price
$1,500,000
Property Type
Commercial Sale
Property Sub Type
Mixed Use
Year Built
1955
Location
County
Palm Beach County
Zoning
BMUD TYP
Property Details
Price
$1,500,000
Property Sub Type
Mixed Use
Property Type
Commercial Sale
Building
Stories
1
Structure Type
Commercial, Free Standing
Total Area
3,034
Interior Features
Interior Features
Electic
200+ Amp Service, 220 Volts
Security Features
No Fire Protection
Heating and Cooling
Heating Features
Central Electric
Building Details
Construction
Year Built
1955
Materials
Construction Materials
Concrete Block With Brick, CBS Construction
Roof
Tar & Gravel Roof
Terms
Terms
Inclusions
Building & Land
Special Terms
All Cash, Conventional/Refinance
Taxes
Tax
Tax (Annual)
$9,513
Heating, Cooling & Utilities
Cooling Features
Central Building A/C
Heating Included
Yes
Utilities
Sewer
Public Sanitation
Water Source
Public
Lot
Lot Features
City Location, In Residential Area
Lot Size Area Sq Ft
9,474
Parking
Parking Features
Common
Listed by The Keyes Company, 954-707-1307.
Listing Data last updated 10/11/2024 04:45 PM
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Property History
68 days ago
Property information last updated
68 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 68.
Data provided by the MLS.
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Listed by The Keyes Company
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