$2,150,000
For Sale
4158 sqft | #RX-11034042
Browse 2 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

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.

  • Property Details
      • Square Feet4158
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1962
    • Material information
      • RoofOther
  • Community and Neighborhood Details
      • SubdivisionKNOWLES COURT AMND PL LTS 2 TO 18 LT 17 (LESS W 7.5 FT & TRGLR PAR BROADWAY R/WS) & LT 18 (LESS W 7
    • Location
      • CountyPalm Beach
      • ZoningMixed Use
  • Financial Details
      • Original List Price$2,150,000
      • Taxes Annual$9,276
  • Other
      • MLS #RX-11034042

Location

Mike MehdipourThe Mehdipour Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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