$1,500,000
5509 & 5501 Broadway
West Palm Beach, FL 33407
Explore the area: West Palm Beach homes for sale · Palm Beach County real estate
Price Check
How this price compares
- Asking price
- $1,500,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 31
This commercial property in ZIP 33407 went under contract with an asking price of $1,500,000. It spent 31 days on the market before going under contract.
Estimated monthly payment
$7,883 /mo
Principal and interest only, based on $300,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,500,000
- Days on Site
- 31 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 5,147 sqft
- Lot Size
- 0.52 Acres
- Year Built
- 1948
- Property Type
- Commercial
- MLS #
- A11897939
- Property Tax
- $8,084 (2024)
- County
- Palm Beach
- Status
- Under Contract
- Special Conditions
- Corporate Listing
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Commercial
- Status
- Under Contract
- Year Built
- 1948
- Property Condition
- Resale
- Number of Stories
- 1
- Parking
- Assigned / Common
- Lot Size (Acres)
- 0.52
- Total Sq Ft
- 5,147
- Structure Type
- Retail
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- BMUD TYP
Interior Features
- Cooling
- None / Wall Window Units
- Heating
- Other
- Flooring
- Concrete / Laminate
Exterior Features
- Construction
- Block / Wood Siding
- Roof
- Built Up
- Lot Features
- Interior Lot / Landscaped / Residential Lot / Quarter To Half Acre Lot
Community & HOA
- Community Features
- Shopping
- Security
- Other
- Financing Terms
- Cash / Conventional
- Restrictions
- City Restrictions
- MLS Area
- 5280
About the Area
West Palm Beach homes for sale range from $200K downtown condos to $8,000,000 Intracoastal estates, more ground than most buyers expect. Clematis Street condos start in the low $200Ks. Northwood Village bungalows trade in the $400K to $600K range. El Cid and Flamingo Park have 1920s to 1940s Mediterranean Revival homes at $500K to $1,200,000. Newer 3-bedroom homes along Forest Hill and Southern Boulevards stay under $450K. South End waterfront estates run $3,000,000 to $8,000,000. The city covers 55 square miles as Palm Beach County's seat. Palm Beach International Airport is 3 miles out. Fort Lauderdale is under 40 minutes via I-95.
- Homes for Sale
- 2,372
- Median List Price
- $315,499
- Median $/Sq Ft
- $245
- Avg Days on Market
- 118
Frequently Asked Questions
- How do I schedule a tour of 5509 & 5501 Broadway, West Palm Beach, FL 33407?
- Use the Tour button on this listing to request a showing of 5509 & 5501 Broadway, West Palm Beach, FL 33407. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5509 & 5501 Broadway, West Palm Beach, FL 33407 still available?
- 5509 & 5501 Broadway, West Palm Beach, FL 33407 is currently listed as Under Contract, and has been on the market 31 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5509 & 5501 Broadway, West Palm Beach, FL 33407?
- With 20% down ($300,000) on the $1,500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5509 & 5501 Broadway, West Palm Beach, FL 33407 is about $7,883/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5509 & 5501 Broadway, West Palm Beach, FL 33407?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5509 & 5501 Broadway, West Palm Beach, FL 33407. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 5509 & 5501 Broadway, West Palm Beach, FL 33407?
- Often, yes. The right offer on 5509 & 5501 Broadway, West Palm Beach, FL 33407 depends on how it's priced against comparable commercial sales in West Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Align Right Realty K1 Group
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$1,500,000
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Listed by Sandra Piquant, Align Right Realty K1 Group
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Recent Sales
Recently sold homes in ZIP 33407
These are the last 6 recorded closings in ZIP 33407, with the price each home actually sold for rather than what it was listed at. They closed at a median of $318 per square foot. The most recent closed on October 5, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,250,803
Sold · October 5, 2026
300 35th Street
4 bed · 2 bath · 1,644 sqft · $761/sqft
$189,197 under the asking price
Sold$210,000
Sold · October 2, 2026
4707 47th Way
2 bed · 2.5 bath · 1,236 sqft · $170/sqft
$5,000 under the asking price
Sold$372,330
Sold · October 2, 2026
1733 Lindley Street
3 bed · 2.5 bath · 1,454 sqft · $256/sqft
$12,670 under the asking price
Sold$449,000
Sold · October 2, 2026
640 34TH Street
3 bed · 2 bath · 1,412 sqft · $318/sqft
Sold$500,000
Sold · October 1, 2026
732 19th Street
4 bed · 2.5 bath · 1,856 sqft · $269/sqft
$35,000 under the asking price
Sold$272,000
Sold · October 1, 2026
1801 N FLAGLER Drive 631
1 bed · 1 bath · 778 sqft · $350/sqft
$23,000 under the asking price
See every recorded sale in ZIP 33407 or find out what your ZIP 33407 home is worth.
