Mixed use property in 5509 & 5501 Broadway, West Palm Beach, FL 33407 for sale with MLS# A11897939

Exceptional investment opportunity in the heart of West Palm Beach! This listing includes two adjacent commercial properties - 5501 & 5509 W Broadway - being sold together. Folio Numbers: 74434304080620050 and 74434304080620010. They feature a total building area of approximately 5,147 sq. ft. and a combined land size of 22,812 sq. ft. (˜ 0.53 acres). These properties offer endless potential for retail, office, medical, professional, or redevelopment purposes. Located along high-traffic Broadway Avenue the site provides excellent visibility and accessibility just minutes from Downtown West Palm Beach, the Northwood Historic District, and I-95. Ideal for investors, developers, or owner-users seeking a strategically located mixed-use opportunity in a rapidly growing commercial corridor.

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5509 & 5501 Broadway, West Palm Beach, FL 33407

Price
Price:
$1,500,000.00
Original List Price:
$1,500,000.00
Business Info
Gross Scheduled Income:
0
Lease Details
Tenant Pays:
Electricity, Water, Janitorial Service, Trash Collection, Maintenance, Interior Electric, Interior Maintenance
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Business Type:
Retail
Listing Category:
Commercial Sale
Property Type:
Mixed Use
Description of Last Important Update:
Status Change
Last Major Update on:
November 24, 2025 7:02 pm
Other Special Conditions:
Title Insurance Policy Available, City Jurisdiction, Corporate Owned, Disclosure, Presently Leased
Measures
Built-Up Area:
5,147 Sqft
Lot Features:
Landscaped
Lot Size Acres:
0.52
Property Features
Security:
Other
Air Conditioning System:
None, Wall/window Unit(s)
Heating
Heating System:
Other
Building:
Exterior Lighting, Storage, Reception Area, Fenced Area, Public Restroom(s)
Construction
Year Built:
1948
Roof:
Built-up
Number of Buildings:
2
Number of Units Total:
2
Construction Materials:
Wood Siding, Wood Siding, CBS
Flooring:
Laminate, Concrete
Number of stories:
1
Structure Type:
Retail
Road Frontage Type:
City Street, Main Thoroughfare
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$8,084.00
Tax Year:
2024
Parking
Parking Total Spaces:
27
Parking Features:
Common, Assigned
Utilities
Sewer:
Public Sewer
Electric:
220 Volts, 200+ Amp Service
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Rent Rolls, Appraisal, Aerial Photo(s), Photos, Site Plans
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Subject To Tenant Rights, Close Of Escrow
Zoning and Legal
Tax Legal Description:
NORTH PALM BCH PL 4 LTS 1 THRU 4 (LESS E 7 FT BROADWAY R/W) & LT 9 BLK 62
Real Estate Folio Number (Parcel Number):
74434304080620010
Zoning:
BMUD TYP
Listing History
Active on the market since:
October 22, 2025
Listing Agreement executed on:
October 22, 2025
Purchase Contract Date:
November 22, 2025
Listing Status Last Changed On:
November 24, 2025 7:02 pm
Photos updated on:
November 24, 2025 7:18 pm
Last Modified:
September 2, 2026 5:10 pm
Additional Information
Courtesy of:
Align Right Realty K1 Group
Attribution:
Not provided
Location
Street Name:
Broadway
Street Number:
5509 & 5501
City:
West Palm Beach
State:
Florida
Zip Code:
33407
County:
Palm Beach
Latitude:
N26° 45' 36.3''
Longitude:
W81° 56' 39.2''
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $56,606
Median Home Value $290,500
Median Rent $1,551/mo
Median Age 37
Population 34,728
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.