For Sale
$2,150,000

5900 BroadwayWest Palm Beach, FL 33407

Prime location, vacant, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 4,158-square-foot mixed-use property at 5900 Broadway, West Palm Beach, FL 33407, presents a unique redevelopment opportunity. Currently vacant, this single-story, 1962-built building sits on a lot with 30 parking spaces and boasts over 200 feet of frontage on US Highway 1, providing easy access to both Downtown West Palm Beach and North Palm Beach. Zoned BMUD-II, the property is ideally positioned to benefit from recent (June 2024) changes to Land Development Regulations, allowing for retail, professional offices, and the potential for over 30 residential units. This aligns perfectly with the City of West Palm Beach's initiative to revitalize the Broadway Corridor into a vibrant mixed-use community. The property's strategic location and the City's support through the CRA create a compelling investment opportunity for developers and businesses seeking to contribute to a thriving, dynamic community. The asking price is $2,150,000. The property features one building on a lot with a size not specified in the provided information.

Highlights

  • 4,158 SF mixed-use building in West Palm Beach, FL.
  • Vacant, single-story building built in 1962.
  • 30 parking spaces and over 200 feet of US Highway 1 frontage.
  • BMUD-II zoning allows for retail, offices, and potentially over 30 residential units.
  • $2,150,000 asking price.

Property Details for 5900 Broadway

Property type
Mixed-use properties
Square Feet
4,158 SF
Year Built
1962
Buildings
1
Stories
1
Units
1

Location Insight

City
West Palm Beach
County
Palm Beach
State
Florida
Latitude
26.762407564658
Longitude
-80.055178830431
5900 Broadway, West Palm Beach, Florida

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5900 Broadway
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