Multi-Family Development
For Sale
$415,000
3414 Broadway, West Palm Beach, FL 33407
Development site with approval for up to an eight-unit apartment building in West Palm Beach.
Property SizeContact for details
Days on Market53
Property Features for 3414 Broadway
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Multifamily Units
8
Listing Agency:
United Realty Group Inc
(954) 464-7648
Listed By:
Alessandra Correa · License #3303018
(954) 464-7648
Source:
Elliman
Added: Jun 16
Changed: Jul 10
Last Checked: Aug 7 at 3:09AM
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 United Realty Group Inc
Investment Insights
Based on property information with market context.
This is a residential income development site with approval to build up to an eight-unit apartment building. The property is presented for sale as a lot, with the current permitting capacity serving as the primary development feature.
The site is located at 3414 Broadway in West Palm Beach, Florida. The seller’s remarks indicate the area is heavily invested, and that the property may offer owner financing as a possibility, subject to qualification and terms.
For buyers looking to develop a small multifamily asset, this site’s eight-unit allowance supports a streamlined apartment-building concept rather than a larger redevelopment. It can also fit investors who want to pursue a build-to-rent or similar residential rental strategy, subject to the buyer’s planning, permitting, and financing approach. Because the information provided centers on development capacity and potential financing structure, prospective buyers are encouraged to review the applicable approvals and confirm the development requirements with the appropriate local authorities before moving forward.
The site is located at 3414 Broadway in West Palm Beach, Florida. The seller’s remarks indicate the area is heavily invested, and that the property may offer owner financing as a possibility, subject to qualification and terms.
For buyers looking to develop a small multifamily asset, this site’s eight-unit allowance supports a streamlined apartment-building concept rather than a larger redevelopment. It can also fit investors who want to pursue a build-to-rent or similar residential rental strategy, subject to the buyer’s planning, permitting, and financing approach. Because the information provided centers on development capacity and potential financing structure, prospective buyers are encouraged to review the applicable approvals and confirm the development requirements with the appropriate local authorities before moving forward.
Key Highlights
- Development site in West Palm Beach with approval for up to an eight‑unit apartment building
- BikeScore 55 (Bikeable), WalkScore 36 (Car‑Dependent), and transitScore 36 (Some Transit)
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
792
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Development site with approval for up to an eight-unit apartment building in West Palm Beach.
Where is this apartment building located?
The property is located at 3414 Broadway West Palm Beach, FL.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Development site in West Palm Beach with approval for up to an eight‑unit apartment building; BikeScore 55 (Bikeable), WalkScore 36 (Car‑Dependent), and transitScore 36 (Some Transit)
