$ 1,250,000
5509 Broadway West Palm Beach, FL 33407
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 1,250,000
Est. payment /mo
Price Dropped by $250K
5509 Broadway West Palm Beach, FL 33407
2,113 SqFt
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 2,113 sqft
Price per Sqft $591
MLS Listing ID A11635844
Construction Status Resale
HOA Y/N No
Year Built 1948
Annual Tax Amount $7,750
Lot Size 0.306 Acres
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, Gas
Cooling Central Air
Flooring Concrete, Tile, Vinyl
Exterior
Waterfront No
Roof Type Tar/Gravel
Building
Sewer Public Sewer
Water Public
Structure Type Block,Wood Siding
Construction Status Resale
Others
Tax ID 74434304080620010
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by The Keyes Company