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.
5509 & 5501 Broadway, West Palm Beach, FL 33407
- Price:
- $1,500,000.00
- Original List Price:
- $1,500,000.00
- Gross Scheduled Income:
- 0
- Tenant Pays:
- Electricity, Water, Janitorial Service, Trash Collection, Maintenance, Interior Electric, Interior Maintenance
- 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
- Built-Up Area:
- 5,147 Sqft
- Lot Features:
- Landscaped
- Lot Size Acres:
- 0.52
- 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)
- 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
- Tax Annual Amount:
- $8,084.00
- Tax Year:
- 2024
- Parking Total Spaces:
- 27
- Parking Features:
- Common, Assigned
- Sewer:
- Public Sewer
- Electric:
- 220 Volts, 200+ Amp Service
- Water Source:
- Public
- Senior Community:
- No
- 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
- 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
- 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
- Courtesy of:
- Align Right Realty K1 Group
- Attribution:
- Not provided
- 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''

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