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    Property profile & analytics

    5305 Broadway West Palm Beach, FL 33407-2703

    • Auto shops
    • 1,500 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Last Sale
    May 05, 2023
    $280,000
    Location Intelligence
    Property ID
    US18-3912928
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Palm Beach Trailers / Marine Supply Store / Trailer Manufacturer

    Property Details for 5305 Broadway

    Year built
    1988
    Construction
    CONCRETE
    Lot size
    0.20 lot acres
    Property size
    1,500 SF
    Zone code
    BMUD- II
    Property type
    Auto shops
    APN
    74-43-43-04-08-060-0010
    APU
    74434304080600010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $300,000
      6.5%
      $300,000
      7%
      $285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $235,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $340,000
      Retail
      $255,000
      Mixed-Use
      $305,000
      Hospitality
      $315,000
      Educational
      $330,000
      Residential Income
      $255,000
      Energy
      $275,000
      Income-Based Land
      $260,000
      Food Service
      $330,000

    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0559
    Latitude
    26.7586
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,488
    $85,600
    $148,806
    $234,406
    -
    $85,600
    $148,806
    $234,406

    Comparable in this City

    • Value Estimation
      $240,000
      3,880 SF

      5700 Greenwood Ave

      AUTO REPAIR, GARAGE • 3,880 SF
      5700 Greenwood Ave, West Palm Beach, FL 33407
      View Details
    • Value Estimation
      $365,000
      4,000 SF

      5724 Greenwood Ave

      AUTO REPAIR, GARAGE • 4,000 SF
      5724 Greenwood Ave, West Palm Beach, FL 33407-2433
      View Details
    • Value Estimation
      $500,000
      2,800 SF

      2102 Dixie Hwy

      AUTO REPAIR, GARAGE • 2,800 SF
      2102 Dixie Hwy, West Palm Beach, FL 33407
      View Details
    • Value Estimation
      $250,000
      2,212 SF

      2304 Spruce Ave

      AUTO REPAIR, GARAGE • 2,212 SF
      2304 Spruce Ave, West Palm Beach, FL 33407-5827
      View Details
    • Value Estimation
      $260,000
      3,200 SF

      2817 Pinewood Ave

      AUTO REPAIR, GARAGE • 3,200 SF
      2817 Pinewood Ave, West Palm Beach, FL 33407-5440
      View Details
    • Value Estimation
      $1,810,000
      5,831 SF

      3100 45th St

      AUTO REPAIR, GARAGE • 5,831 SF
      3100 45th St, West Palm Beach, FL 33407-1916
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Prime location, vacant, redevelopment opportunity.
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    Similar Nearby for Lease

    • $16 SF/Yr
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      West Palm Beach office space, ideal for medical or professional use.
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    • Contact for pricing
      1,608 SF

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      Prime restaurant and retail space with expansive outdoor areas.
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      Prime restaurant and retail space with expansive outdoor areas.
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    • Contact for pricing
      1,940 SF

      Restaurant & Retail Space Available

      Prime restaurant and retail space with expansive outdoor areas.
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    • $14 SF/Yr
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      Versatile Retail/Office Space Available

      Retail/office space in a central, dynamic West Palm Beach location.
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    • $25 SF/Yr
      125,000 SF

      5335 Military Trl

      Lifestyle centers • 125,000 SF
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      View Details
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    5305 Broadway
    West Palm Beach, FL 33407-2703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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