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2708 Broadway, West Palm Beach, FL
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West Palm Beach, FL 33407-5433 - Northwood MF Submarket
Number of Units:
.45 AC (19,733 SF)
For Sale Price:
This property is for sale (for $1,500,000) as part of a portfolio of 2 properties.
5.65 Parking Spaces / 1,000 SF
2708 Broadway Apartments consists of 11-units with direct frontage on Broadway in the heart of West Palm Beach that have undergone extensive renovations completed in September 2016, including but not limited to: new roof, new flooring, new exterior paint, updated kitchens and bathrooms, etc. This asset is currently providing a strong positive cash flow and simultaneously offers immediate value-add opportunities and long term upside. All units are currently individually metered for electricity. Tremendous upside for this investment for redevelopment as the property could be redeveloped as a 3-story office or 3-story multifaily apartment building without any density limitation and very favorable parking requirements.
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FOR SALE CONTACTS
The Goldstein Group
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