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- $1.3M Price
- 111 DOM
5501 Broadway
Explore this exceptional redevelopment opportunity in the heart of the Broadway Corridor CRA. This combined 22,812 SF parcel permitted mixed-use allows for the construction of a three-story building, offering the flexibility to develop a dynamic combination of residential, commercial, and retail spaces. The location benefits from high traffic visibility and strong growth potential, enhanced by its position within a designated Community Redevelopment Area. The Opportunity Zone designation further provides significant tax incentives and development benefits, making this property an attractive investment. Ideal for developers seeking to capitalize on the strategic location and favorable zoning regulations. Don’t miss this unique opportunity to shape the future of the Broadway Corridor.
Essential Information
- MLS® #A11635878
- Price$1,250,000
- Bathrooms0.00
- Year Built1955
- TypeCommercial
- Sub-TypeMixed Use
- StatusActive
Community Information
- Address5501 Broadway
- Area5420
- CityWest Palm Beach
- CountyPalm Beach
- StateFL
- Zip Code33407-2603
Amenities
- ParkingCommon
Interior
- HeatingCentral, Electric
- CoolingCentral Air
- # of Stories1
- StoriesOne
Exterior
- RoofTar/Gravel
- ConstructionBlock, Brick
Additional Information
- Listing Courtesy ofThe Keyes Company
- Date ListedAugust 5th, 2024
- Contact Info954-707-1307