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5501 Broadway

$1,250,000

5501 Broadway, West Palm Beach, FL 33407

Active
Last Updated: 11/22/2024

3,034 sqft

Building Size

1955

Year Built

Details:
Building Size:    3,034 sqft
Year Built:    1955
Floors:    1
Highlights:
  • Lot Features: City Location, In Residential Area
  • Cooling: Central Building A/C
  • Heating: Central Electric
  • Electric: 200+ Amp Service, 220 Volts
  • Construction Materials: Concrete Block With Brick, CBS Construction
  • Parking Features: Common
  • Security Features: No Fire Protection
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.

Map:
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