Excellent investment opportunity in West Palm Beach's Broadway Mixed-Use District (BMUD), a corridor positioned for continued redevelopment. Recent City initiatives have expanded incentives for qualifying projects, including increased opportunities for additional height and density. With growing interest in residential, retail, office and workforce housing development along the corridor, the property offers compelling long-term potential. Currently tenant occupied and generating income, providing investors the opportunity to benefit from existing cash flow while considering future possibilities.
| MLS # | B26064313 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 14 |
| Listing Provided By | Provident Realty of South Florida Inc. | Gillian Lieberman |
| SQ Feet | 1,080 |
|---|---|
| Story(s) | 1 |
| Zoning | BMUDTYPEI |
| Acreage | 0.28 |
| Lot Features | Less Than One Acre, Quarter To Half Acre Lot |
|---|
| Tax Annual Amount | 7419 |
|---|
| State | FL |
|---|---|
| County | Palm Beach |
| City | West Palm Beach |
| Zip Code | 33407 |
| Area | 5420 |
| Subarea | Palm Beach 5420; 5430; 5440 |
| Listing VS Median (in 33407) | |
Price: $2,500,000 low | high Med: $269,500 sqft: 1,080 low | high Med: 1,236 $ / sqft: $2,315 low | high Med: $218 On site: 14 low | high Med: 96 | |
| State | FL |
|---|---|
| County | Palm Beach |
| City | West Palm Beach |
| Zip Code | 33407 |
| Area | 5420 |
| Subarea | Palm Beach 5420; 5430; 5440 |
| Listing VS Median (in 33407) | |
Price: $2,500,000 low | high Med: $269,500 sqft: 1,080 low | high Med: 1,236 $ / sqft: $2,315 low | high Med: $218 On site: 14 low | high Med: 96 | |