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.
Property Details
Price:
$1,500,000
MLS #:
A11635878
Status:
Active
Beds:
0
Baths:
0
Address:
5501 Broadway
Type:
Commercial
Subtype:
Mixed Use
City:
West Palm Beach
Listed Date:
Aug 5, 2024
State:
FL
Finished Sq Ft:
3,034
ZIP:
33407
Year Built:
1955
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Schools
Interior
Cooling
Central Building A/ C
Heating
Central Electric
Exterior
Construction Materials
Concrete Block With Brick, C B S Construction
Parking Features
Common
Roof
Tar & Gravel Roof
Financial
Buyer Agent Compensation
2.5%%
Tax Year
2023
Taxes
$9,513
Map
Community
- Address5501 Broadway West Palm Beach FL
- CityWest Palm Beach
- CountyPalm Beach County
- Zip Code33407
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