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5900 Broadway, West Palm Beach, FL – $2,495,000

  • $2.5M Price
  • .48 Acres
  • $2.5M Price
  • .48 Acres

5900 Broadway

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.

Essential Information

  • MLS® #RX-10999879
  • Price$2,495,000
  • Acres0.48
  • TypeLand / Boat Docks
  • Sub-TypeCommercial Land
  • StyleNo
  • StatusActive

Community Information

  • Address5900 Broadway
  • Area5280
  • SubdivisionKNOWLES COURT AMNDED IN
  • CityWest Palm Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33407

Amenities

  • UtilitiesElectric, Public Water, Cable
  • ViewCity, Intracoastal

Exterior

Lot Description

1/4 to 1/2 Acre, Corner Lot, Public Road, Sidewalks, East of US-1

Additional Information

  • Listing Courtesy ofTouchstone-Webb Realty Co.
  • Date ListedJune 27th, 2024
  • ZoningBMUD-II
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Price Change History for 5900 Broadway, West Palm Beach, FL (MLS® #RX-10999879)

Date Details Change
Price Increased from $2,150,000 to $2,495,000 $345,000 (16.05%)
Price Reduced from $2,499,999 to $2,150,000 $349,999 (14.00%)

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