Homes for sale - 5501 Broadway, West Palm Beach, FL 33407

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$1,250,000

Est. payment - /mo

3,034 SqFt

Price Dropped by $250K

5501 Broadway West Palm Beach, FL 33407

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2025

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Jenise Gato

peacefulmoves@gmail.com +1(786) 486-2826

UPDATED:

11/21/2024 03:48 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,034 sqft

Price per Sqft $411

MLS Listing ID A11635878

HOA Y/N No

Year Built 1955

Annual Tax Amount $9,513

Tax Year 2023

Lot Size 9,474 Sqft

Property 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.

Location

State FL

County Palm Beach

Area 5420

Interior

Heating Central, Electric

Cooling Central Air

Exterior

Roof Type Tar/Gravel

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,Block

Others

Tax ID 74434304080620050

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Listed by The Keyes Company

If you have been thinking about selling your home, or are looking to buy your dream home, Jenise welcomes the opportunity to meet you!! Feel free to reach out to me so we can discuss your real estate needs.

+1(786) 486-2826

peacefulmoves@gmail.com

Southeast Florida, Miramar, FL, 33029, USA