Mixed-Use Property in Opportunity
For Sale
$700,000
1504 N Sapodilla Ave N, West Palm Beach, FL 33401
Mixed-use property with income in high-growth corridor near transit.
Property SizeContact for details
Days on Market114
Property Features for 1504 N Sapodilla Ave N
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1925
Listing Agency:
(617) 230-1940
Listed By:
Cheryl Schweigart
(617) 230-1940
Source:
Elliman
Added: Apr 13
Changed: Jul 10
Last Checked: Aug 3 at 12:18PM
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 Cheryl Schweigart
Investment Insights
Based on property information with market context.
This mixed-use property is located in an Opportunity Zone, four blocks north of the $1B NORA District redevelopment area. The property features a commercial storefront and a residential duplex in two separate buildings. It is currently 100% rented, providing immediate income. The location is in a high-growth corridor near the Brightline and Tri-Rail stations, as well as new workforce housing projects. The property is positioned as a strategic acquisition on the "path of progress" with a Future Land Use designation of Multifamily (MF). The bike score is 83, indicating it is very bikeable. The walk score is 69, indicating it is somewhat walkable. The transit score is 33, indicating some transit options are available.
Key Highlights
- Located in an Opportunity Zone, offering potential significant tax advantages for long‑term investors.
- 100% rented, providing immediate income from both the commercial storefront and residential duplex.
- Strategic location in a high‑growth corridor near Brightline and Tri‑Rail stations.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,353
Businesses Nearby
Explore this area
Business Placement
Demographics for 33401, FL
31,302
Population
19,051
Households
1.6
Avg Household Size
40
Median Age
42%
College-Educated
89%
High-School Grad
5.1 sq mi
ZIP Area
6,138
Density / Sq Mi
$60,942
Median Household Income
$39,932
Median Earnings
$1,774
Median Rent
$430,900
Median Home Value
Market
Properties on Market for Mixed-use properties in Palm Beach County
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with income in high-growth corridor near transit.
Where is this mixed-use property located?
The property is located at 1504 N Sapodilla Ave N West Palm Beach, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Located in an Opportunity Zone, offering potential significant tax advantages for long‑term investors.; 100% rented, providing immediate income from both the commercial storefront and residential duplex.; Strategic location in a high‑growth corridor near Brightline and Tri‑Rail stations.
