3312 Broadway West Palm Beach, FL 33407
- Land
- 0.43 lot acres
Current Use by Public Records
- Land
Property Details for 3312 Broadway
- Lot size
- 0.43 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0563
- Latitude
- 26.743
