Mixed use property in 5509 & 5501 Broadway West Palm Beach 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.

📅 View days on the market

Days on the market

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
Financial Data Source:
Owner
Lease Details
Lease Term:
Month To Month
Tenant Pays:
Electricity, Minor Interior Maintenance, Water, Janitorial Service, Trash Collection
Lease Terms / Move In Requirements:
Gross Rent Shown, Month-to-Month Lease, Other Lease Terms, Subject to Lease
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Pending Inspections
Special Sale Conditions:
Corporate Listing (Corporate Owned Property)
Listing Category:
Commercial Sale
Property Type:
Mixed Use
MLS Number:
A11897939
Description of Last Important Update:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Last Major Update on:
November 24, 2025 2:02 pm
Measures
Built-Up Area:
5,147 Sqft
Lot Area:
22,812 Sqft
Lot Size Dimensions and Info:
204
Lot Size Unit:
Square Feet
Lot Size Acres:
0.52
Property Features
Waterfront:
No
Security:
Other
Air Conditioning System:
None, Wall/window Unit(s)
Heating System:
Other
Construction
Year Built:
1948
Year Built Details:
Resale
Roof:
Built-up
Number of Buildings:
2
Number of Units Total:
2
Levels:
One
Construction Materials:
Block, Wood Siding
Flooring:
Laminate, Concrete
Stories:
1
Road Frontage Type:
City Street, Main Thoroughfare
Taxes and Expenses
Tax Annual Amount:
$8,084.00
Tax Year:
2024
Parking
Parking Total Spaces:
27
Covered Spaces:
0
Parking Features:
Common, Assigned
Utilities
Sewer:
Public Sewer
Electric:
220 Volts, 200+ Amp Service
Water Source:
Public
Community
Building Name:
Broadway
Senior Community:
No
Restrictions:
City Restrictions, Zoning Restrictions
Terms
Documents Available:
Aerial, Ground Photo, Site Plan, Rent Rolls, Appraisal
Disclosures:
Seller Disclosure
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Call Agent
Buyer Possession:
Subject To Tenant Rights, Close Of Escrow
Lease Considered:
No
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 Description:
BMUD TYP
Listing History
Originally published on:
October 22, 2025 5:36 pm
Active on the market since:
October 22, 2025
Price change occurred on:
October 17, 2025 11:06 am
Listing Status Last Changed On:
November 24, 2025 2:02 pm
Photos updated on:
October 22, 2025 9:54 pm
Last Modified:
November 24, 2025 7:02 pm
Additional Information
Property Description:
Retail / Supermarket property
Flood Zone:
X
Municipal Code:
74
Subdivision Number:
8
Florida Property Assessed Clean Energy (PACE) Program:
0
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' 35.3''
Longitude:
W81° 56' 39.3''
Property Map

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

Want to schedule an in-person or virtual tour? Have questions?

Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question


Ver la Propiedad Ver la propiedad 5509 & 5501 Broadway
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.