Date
Details
Price
Change
Source
10/22/2025
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/40
$1,500,000
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Property Description
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.
Full Property Details
Full Property Details for 5509 & 5501 Broadway
General
- Price: $1,500,000
- Taxes: $8,084 (2024)
- Status: Active
- Type: Retail
- Source: Greater_Miami
- MLS ID: A11897939
- Updated: 11/24/2025
- Added to Site: 229 day(s) ago
Business
- Business Type: Commercial/Residential Income, Retail Space
Rental Information
- Lease/Rent Term: Month To Month
- Lease Info: Gross
Interior
- Flooring: Concrete
Additional Information
- Security/Safety: Other Fire Protection
Parking
- Total Spaces: 27
- Parking Features: Assigned, Common
Location
- County: Palm Beach County
- Building Name: Broadway
- Driving Directions: From I-95, take Exit 74 for 45th Street and head east. Turn left onto Broadway (US-1). Continue north on Broadway for about 1 mile. The property will be on your right side, just north of 55th Street.
- Dist. to Freeway: 3
Community
- Units Assoc/Comm: 2
Heating & Cooling
- Cooling Type: None, Wall/Window Unit(s)
- Heating Type: Other
Utilities
- Electric Available: Yes
- Sewer: Public Sanitation
- Water: Public
Structural Information
- # Buildings: 2
- Structure Type: Free Standing, Retail
- Detached/Attached: Detached
- Construction: CBS Construction, Wood Siding
- Roof: Built-Up
- Stories/Levels: 1
- Building Size: 5147
- Current Bldg. Use: Retail
- Year Built: 1948
- Other Struct. Feat.: Exterior Lighting, Heavy Traffic, Landscaped, Public Restrooms, Reception Area, Storage
Unit Information
- Units in Complex: 2
Lot Features
- Lot Size (Acres): 0.52
- Lot Size (Sq. Ft.): 22,812
- Frontage Feet: 204
- Lot Features: Inside Lot, Near Seaport, In Residential Area, Shopping Center
- Zoning: BMUD TYP
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $8,084
- Tax Year: 2024
- Terms: Other Lease Terms, Subject To Lease, All Cash, Conventional/Refinance
- Tenant Pays: Electricity, Janitorial Service, Interior Maintenance, Trash Collection, Water
Disclosures and Reports
- Special Conditions: Sale
- Documents Avail.: Aerial Photo(S), Appraisal, Photos, Rent Rolls, Site Plans
- Legal Description: NORTH PALM BCH PL 4 LTS 1 THRU 4 (LESS E 7 FT BROADWAY R/W) & LT 9 BLK 62
- Inclusions: Building & Land, Business, Fixtures, Signs Included
- Property ID: 74434304080620010
Listed by Align Right Realty K1 Group
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Listing agents
— 5509 & 5501 Broadway —
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Schools
Schools serving 5509 & 5501 Broadway
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
West Riviera Elementary School 1057 W 6th St, Riviera Beach, FL 33404 | K-5 | 1 mi |
John F. Kennedy Middle School, Riviera Beach, FL 1901 Avenue S, Riviera Beach, FL 33404 | 6-8 | 2.2 mi |
Palm Beach Lakes High School 3505 Shiloh Drive, West Palm Beach, FL 33407 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5509 & 5501 Broadway
Tax History
Tax History for 5509 & 5501 Broadway
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,338
16%
$355,119
38%
2024
$8,084
4%
$257,970
-3%
2023
$7,750
16%
$265,960
37%
2021
$6,667
-7%
$193,574
-16%
2022
$7,187
8%
$229,819
16%
2021
$6,667
—
$197,914
5%
2019
$6,671
4%
$188,583
1%
2018
$6,431
2%
$187,060
5%
2017
$6,288
3%
$178,214
4%
2016
$6,105
3%
$171,595
9%
2015
$5,934
1%
$156,789
7%
2014
$5,904
-10%
$147,215
-15%
2013
$6,546
—
$173,909
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5509 & 5501 Broadway
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5509 & 5501 Broadway, West Palm Beach, FL 33407 (MLS# A11897939) is a Retail property. 5509 & 5501 Broadway is currently listed for $1,500,000 and was received on October 22, 2025. Want to learn more about 5509 & 5501 Broadway? Do you have questions about finding other Retail real estate for sale in West Palm Beach? You can browse all West Palm Beach real estate or contact a Coldwell Banker agent to request more information.