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5900 Broadway
West Palm Beach, FL 33407

Mixed-Use Development Opportunity · Office Property For Sale

Investment Highlights

  • +/- 200 ft. Frontage on Highway US-1
  • Ideally Located in WPB's Redevelopment District
  • Heavy Traffic Counts
  • 0.4835 Acres Double-Corner Lot
  • Zoned Broadway Mixed-Use (BMUD-II)
  • Convenient to North Palm & Evergrowing Downtown West Palm Beach

Executive Summary

PRIME Mixed-Use Development Opportunity. Ideally located in the City of West Palm Beach's Redevelopment Corridor. Zoned BMUD-II (Broadway Mixed Use). 5900 Broadway is a 0.48-Acre, Double-corner lot, with approx. 200 feet of High-Traffic frontage on highway US-1/Broadway, just one block south of the Port of Palm Beach & 0.7 miles north of the Rybovich Superyacht Marina. This area is perfect for redevelopment Now, as the City of West Palm Beach's CRA is updating this area's Land Development Regulations in order to create an economic, vibrant, urban Mixed-Use city center from 59th street to 25th street on Broadway. More info online at: https://www.envisionbroadwayboulevard.com/about Documents Available. Call Today!

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,158 SF
Building Class
C
Year Built
1962
Price
£1,702,970
Price Per SF
£410
Tenancy
Single
Number of Floors
1
Typical Floor Size
4,158 SF
Building FAR
0.18
Lot Size
0.52 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
BMUD-II - Broadway Mixed Use
Parking
30 Spaces (7.21 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Yard

PROPERTY TAXES

Parcel Number 74-43-43-04-03-000-0170 Improvements Assessment £78,131
Land Assessment £166,828 Total Assessment £207,198

PROPERTY TAXES

Parcel Number
74-43-43-04-03-000-0170
Land Assessment
£166,828
Improvements Assessment
£78,131
Total Assessment
£207,198
 

  • Listing ID: 32285298

  • Date on Market: 28/06/2024

  • Last Updated:

  • Address: 5900 Broadway, West Palm Beach, FL 33407

The Office Property at 5900 Broadway, West Palm Beach, FL 33407 is currently available for sale. Contact Touchstone Webb Realty Company for more information.

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