This Property is no longer advertised on Showcase.com.
Off Market
1/15

5901 Broadway
West Palm Beach, FL 33407


HIGHLIGHTS

  • Extensive renovation in the last 3 years
  • High ocuppancy within the last 9 years
  • Two blocks away from the Intercostal
  • Inside the limits of CRA of Broadway development
  • Can be developed for 20 residential units or mixed use

OVERVIEW

The property is located in a strategic corner of Broadway and 58th St., making the property very visible for rental. 9 Unit legal units- 4 unit 1/1 - 1 unit 2/1 - 4 unit Studios. Laundry on site. Management available upon request. 24 Hour CCTV Updates: New roof, new windows and doors, underground plumbing replaced, new electrical services, interior panels, exterior and interior paint, kitchens and bathrooms renovated. All AC units were replaced two years ago. Property has a Motel License, if desired to do short term rental.

FOR SALE DETAILS

PRICE

-

# OF UNITS

-

CAP RATE

-

% LEASED

-

BUILDING DETAILS

PROPERTY NAME

OPPORTUNITY ZONE INVESTMENTS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

2950

STORIES

1

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

74-43-43-04-08-066-0010