Multifamily Housing
3011 Broadway Avenue West Palm Beach, FL 33407
Details & Description
Price: $845,000
    Marcus and Millichap, as exclusive listing agent, is pleased to bring to market the Broadway Portfolio, a seven-unit apartment portfolio located in the city of West Palm Beach, in Palm Beach County, FL. The properties were built in 1926 and 1930 of concrete block construction with painted stucco and flat built- up roofs on a total of 0.31 acres. The Broadway Portfolio is comprised of Three (3) One Bedroom / One Bathroom units, three (3) Two Bedroom / One Bathroom units, and one (1) Three Bedroom / One Bathroom unit across 3 buildings totaling 5,576 livable square feet.The two properties are located less than two miles north of downtown West Palm Beach, Florida along US-1 (Broadway). The downtown West Palm Beach central business district which includes an abundance of employment and entertainment opportunities. West Palm Beach is the largest city in Palm Beach County, the CBD is highlighted by City Place Tower, Phillips Point and Esperante; three class A office towers comprising in excess of 1 million square feet and representing thousands of area jobs. Other attractions found in downtown West Palm Beach include Clematis Street, the Kravis Center for Performing Arts and City Place. City Place is a 600,000-squarefoot lifestyle center including a mix of retail stores, restaurants and other entertainment opportunities.
    Property Highlights
     Excellent Unit Mix Consisting of One-, Two-, and Three Bedroom Units
     Ideally Located a Short Drive From Downtown West Palm Beach
    Listing Agents
    Daniel Cunningham

    O: 954-245-3584
    daniel.cunningham@marcusmillichap.com
    Evan Richardson
    Marcus & Millichap
    O: 954-245-3501
    evan.richardson@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    3011 Broadway Avenue

    West Palm Beach, FL 33407

    Broadway Portfolio

    Listing ID: 275573
    • 3011 Broadway Avenue West Palm Beach, FL 33407 | for Sale | Photo 1
    • 3011 Broadway Avenue West Palm Beach, FL 33407 | for Sale | Photo 2
    3011 Broadway Avenue | for Sale | Thumbnail 1
    3011 Broadway Avenue | for Sale | Thumbnail 2
    Building Size: 5,576 SF
    Lot Size: 0.310 AC
    Land Size: 13,503 SF
    Building $/SF: $151.54
    Land $/SF: $62.58
    Price
    $845,000
    Property Highlights
    Excellent Unit Mix Consisting of One-, Two-, and Three Bedroom Units
    Ideally Located a Short Drive From Downtown West Palm Beach
    Additional Upside Through Leasing Units to Market Rents
    Description

    Marcus and Millichap, as exclusive listing agent, is pleased to bring to market the Broadway Portfolio, a seven-unit apartment portfolio located in the city of West Palm Beach, in Palm Beach County, FL. The properties were built in 1926 and 1930 of concrete block construction with painted stucco and flat built- up roofs on a total of 0.31 acres. The Broadway Portfolio is comprised of Three (3) One Bedroom / One Bathroom units, three (3) Two Bedroom / One Bathroom units, and one (1) Three Bedroom / One Bathroom unit across 3 buildings totaling 5,576 livable square feet.

    The two properties are located less than two miles north of downtown West Palm Beach, Florida along US-1 (Broadway). The downtown West Palm Beach central business district which includes an abundance of employment and entertainment opportunities. West Palm Beach is the largest city in Palm Beach County, the CBD is highlighted by City Place Tower, Phillips Point and Esperante; three class A office towers comprising in excess of 1 million square feet and representing thousands of area jobs. Other attractions found in downtown West Palm Beach include Clematis Street, the Kravis Center for Performing Arts and City Place. City Place is a 600,000-squarefoot lifestyle center including a mix of retail stores, restaurants and other entertainment opportunities.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Fort Lauderdale History of Multifamily Housing for Sale

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    West Palm Beach Area Market Trends

    Listing Demographics for 3011 Broadway Avenue West Palm Beach, FL 33407

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 3011 Broadway Avenue in West Palm Beach?
    The asking price for 3011 Broadway Avenue is $845,000
    What is the building size of this Multifamily property in West Palm Beach, FL?
    The size of the building/unit at 3011 Broadway Avenue in West Palm Beach is 5,576 square feet
    How much land does the West Palm Beach, FL property at 3011 Broadway Avenue include?
    3011 Broadway Avenue in West Palm Beach includes 0.310 acres of land
    What is the population within 1 mile of 3011 Broadway Avenue in West Palm Beach?
    The population within 1 mile of 3011 Broadway Avenue West Palm Beach, FL 33407 is 17,078 people.
    Who do I contact for questions about 3011 Broadway Avenue?
    You should contact the listing agent, Daniel Cunningham, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Closest Commercial Airports

    Airport Distance (mi) Directions
    Palm Beach International Airport (PBI) 5
    Fort Lauderdale Hollywood International Airport (FLL) 47
    Miami International Airport (MIA) 67
    Price
    $845,000
    Listing Agent
    Listing Co-Agent
    Daniel Cunningham - CRE Agent at Marcus & Millichap

    Evan Richardson

    Independent Agent
    More listings from Daniel Cunningham
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