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Listed by Touchstone-Webb Realty Co.
$2,150,000
Est. payment /mo
0.48 Acres Lot
Active
5900 Broadway West Palm Beach, FL 33407
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UPDATED:
01/03/2025 02:30 AM
Key Details
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
Subdivision Knowles Court Amnded In
MLS Listing ID RX-10999879
HOA Y/N No
Annual Tax Amount $7,019
Tax Year 2023
Lot Size 0.483 Acres
Property Description
This is an exceptional opportunity for developers, investors, and businesses to partner with the City of West Palm Beach in transforming the Broadway Corridor into a vibrant mixed-use community where people can live, work, and play. Recent changes to Land Development Regulations, introduced in June 2024, open the door for retail, professional offices, and the potential for over 30 residential units. This property totals approximately half an acre and currently boasts a 4,158-square-foot building, 30 parking spaces, and over 200 feet of direct frontage on US Highway 1, with easy access to both Downtown West Palm and North Palm Beach. With the support of the City and CRA, your vision can help to shape a dynamic community that enhances the quality of life for residents and visitors alike.
Location
State FL
County Palm Beach
Community Located In Wpb Cra'S Redevelopment District
Area 5280
Zoning BMUD-II
Exterior
Utilities Available Electric Service Available, Public Water, Sewer
View City, Intracoastal
Exposure West
Building
Lot Description 1/4 to 1/2 Acre, Corner Lot, East of US-1, Public Road, Sidewalks
Story 100.00
Others
Miscellaneous Traffic Heavy
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Cash,Conventional