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West Palm Beach Investment Opportunity
For Sale
$1,500,000
Pending

5509 & 5501 Broadway, West Palm Beach, FL 33407

Two adjacent commercial properties with redevelopment potential in West Palm Beach.

Property Size5,147 SF
Lot Size0.52 Acres
Days on Market257

Property Features for 5509 & 5501 Broadway

General Information

Standard status Pending
Size 5,147 SF
Lot size 0.52 Acres
Property subtype Commercial
Lease Term Month-to-month

Taxes and HOA fees

Annual Taxes $8,084

Building Details

Building Size 5,147 SF
Year Built 1948
Stories 1
Listing Agency:
Listed By: Karen Lewis
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 8 at 5:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Karen Lewis

Investment Insights

Based on property information with market context.

This listing features two adjacent commercial properties located at 5501 & 5509 W Broadway in West Palm Beach. The properties, being sold together, have folio numbers 74434304080620050 and 74434304080620010. The combined land size is 22,812 sq. ft., which is approximately 0.53 acres. The total building area is approximately 5,147 sq. ft. Located along Broadway Avenue, the site offers visibility and accessibility, and is situated minutes from Downtown West Palm Beach, the Northwood Historic District, and I-95. The properties are suitable for retail, office, medical, professional, or redevelopment purposes. This offering is ideal for investors, developers, or owner-users seeking a strategically located mixed-use opportunity in a growing commercial corridor.

Key Highlights

  • Two adjacent commercial properties being sold together, offering a combined 5,147 sq. ft. building area and 22,812 sq. ft. land size.
  • Located on high‑traffic Broadway Avenue with excellent visibility and accessibility.
  • Offers endless potential for retail, office, medical, professional, or redevelopment purposes.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Barber Shop Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

723
Businesses Nearby

Demographics for 33407, FL

34,558
Population
15,147
Households
2.3
Avg Household Size
35
Median Age
26%
College-Educated
78%
High-School Grad
9.9 sq mi
ZIP Area
3,491
Density / Sq Mi
$56,606
Median Household Income
$34,886
Median Earnings
$1,551
Median Rent
$290,500
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Two adjacent commercial properties with redevelopment potential in West Palm Beach.
Where is this commercial land located?
The property is located at 5509 & 5501 Broadway West Palm Beach, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Two adjacent commercial properties being sold together, offering a combined 5,147 sq. ft. building area and 22,812 sq. ft. land size.; Located on high‑traffic Broadway Avenue with excellent visibility and accessibility.; Offers endless potential for retail, office, medical, professional, or redevelopment purposes.
More about this property
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