3201 Broadway - Commercial LAND FOR SALE


West Palm Beach, FL 33407- Northwood6,098 SF
$425,000 USD
305-205-3291
3201 Broadway, West Palm Beach, FL for Sale
$425,000 USD
Commercial LAND - FOR SALE
1/8
6,098 SF

3201 Broadway
West Palm Beach, FL 33407
Northwood


OVERVIEW

Union Street Partners is pleased to present 3201 Broadway, a development opportunity located along West Palm Beach’s rapidly evolving Broadway Corridor. The property consists of approximately 6,100 square feet of land and offers an opportunity for investors and developers seeking a smaller-scale multifamily project in one of West Palm Beach’s targeted redevelopment areas. The site is located within the Broadway Mixed-Use District (BMUD), which was established to encourage new residential and mixed-use investment along the corridor. Based on preliminary analysis, the property may accommodate approximately 9 residential units, subject to final site planning, parking, design requirements and City approval. The BMUD regulations also provide mechanisms for increased development intensity through applicable workforce and affordable housing incentives, creating potential additional upside for a developer willing to explore those programs. Located just north of Downtown West Palm Beach, the property benefits from continued investment and redevelopment throughout the Broadway/Northwood corridor and convenient access to Downtown, Palm Beach, I-95 and major employment centers. Investment Highlights 6,100± SF development site Potential for approximately 9 residential units Broadway Mixed-Use District zoning Potential additional development incentives through workforce/affordable housing programs High-visibility Broadway frontage Growing West Palm Beach redevelopment corridor Minutes from Downtown West Palm Beach and Palm Beach Attractive opportunity for boutique multifamily development Offered at $425,000 3201 Broadway represents an opportunity to acquire an increasingly scarce infill development site at an accessible basis along one of West Palm Beach’s primary redevelopment corridors.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/ACRE

$3,035,909/AC

PRICE/SF

$70 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Broadway 9

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Multi-Family

LAND ACRES

0.14 AC

LAND SF

6,098 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

BMUD - I - BROADWAY MIXED

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Gregory CelentanoUnion Street PartnersMore Info
305-205-3291

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Gregory CelentanoUnion Street PartnersMore Info
305-205-3291

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.