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Property profile & analytics
OFF-MARKET
Land

3312 Broadway West Palm Beach, FL 33407

0.43 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.43-acre vacant land parcel, located at 3312 Broadway in West Palm Beach, Florida (zip code 33407), presents a unique investment opportunity. The property, with APN 74-43-43-09-05-025-0100, boasts a prime location in the rapidly developing Northwood Village neighborhood, known for its trendy retail, diverse restaurants, and ample public spaces. Zoned BMUD-I, this rectangular lot offers 18,700 square feet of developable land suitable for high-density residential or mixed-use development. Its strategic location offers easy access to downtown West Palm Beach, beaches, Brightline, and I-95. The property benefits from its designation as a Federally Qualified Opportunity Zone, providing substantial tax advantages for investors. Furthermore, the proximity to the upcoming "Northwood Square" project—a large-scale development featuring apartments and commercial space—further enhances its potential. The strong rental market and underserved apartment demand in West Palm Beach, coupled with recent significant investments in local infrastructure, make this a compelling opportunity for developers seeking to capitalize on the area's growth trajectory. The property's vacant and rectangular shape allows for efficient design and development, maximizing its potential value. The asking price is $1,600,000.

Property profile
Verified
Property type Land
Lot 0.43 ac (18,731 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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