Connect

507-509 Northwood Rd, West Palm Beach, FL – $399,000

  • $399k Price
  • 58 DOM
  • $399k Price
  • 58 DOM

507-509 Northwood Rd

Seize a solid investment with remarkable current and future potential! Situated on a charming street renowned for its vibrant restaurants, boutiques, and wellness retailers. Anticipate growth with upcoming redevelopment plans that will extend the road, enhancing the trendy Northwood neighborhood eastward across North Flagler Drive towards the waterfront. Here, the Ritz-Carlton plans to build 144 ultra-luxury residences by 2027. This well-established coffee lounge presents an incredible opportunity to transform into a cigar/hookah lounge or bar with a 4COP dual license, featuring an outdoor bar, dance area, and a capacity of 100. Perfect for hosting events and parties, it can operate from 7 AM to midnight, with events extending until 2 AM.

Essential Information

  • MLS® #A11589360
  • Price$399,000
  • Bathrooms0.00
  • Year Built1945
  • TypeBusiness
  • StatusActive

Community Information

  • Address507-509 Northwood Rd
  • Area5420
  • CityWest Palm Beach
  • CountyPalm Beach County
  • StateFL
  • Zip Code33407-5817

Interior

  • HeatingCentral, Electric
  • CoolingCentral Air

Exterior

  • ConstructionBlock

Additional Information

  • Listing Courtesy ofLG Realty Group Inc.
  • Date ListedMay 20th, 2024
Please provide a valid email address.

Price Change History for 507-509 Northwood Rd, West Palm Beach, FL (MLS® #A11589360)

Date Details Change
Price Reduced from $450,000 to $399,000 $51,000 (11.33%)