5509 Broadway, West Palm Beach, FL 33407

2,113 SF 0.31 ac lot Built 1948

Entity Owned Free & Clear

Property ID

US18-3890085

$1,500,000 2,113 SF

5509 Broadway, West Palm Beach, FL 33407
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This exceptional 22,812 square foot mixed-use property in West Palm Beach, Florida, presents a compelling redevelopment opportunity. Located at 5509 Broadway, within the Broadway Corridor CRA and an Opportunity Zone, this site offers significant tax incentives and development benefits. Built in 1948, the property is zoned to allow for the construction of a three-story building, providing flexibility for a dynamic mix of residential, commercial, and retail spaces. The high-traffic location ensures excellent visibility and strong growth potential. This strategic location, combined with favorable zoning regulations, makes this an attractive investment for developers seeking to capitalize on the area's revitalization. The asking price is $1,500,000. This unique opportunity allows for the creation of a landmark development within a thriving community, benefiting from the ongoing improvements and investment in the Broadway Corridor. The property's potential is further enhanced by its position within a designated Community Redevelopment Area, promising continued growth and development in the surrounding neighborhood. Don't miss this chance to shape the future of West Palm Beach's vibrant Broadway Corridor. The property's address is 5509 Broadway, West Palm Beach, FL 33407.