5179 Broadway BLVD
West Palm Beach Fully Permitted Project
Marketing description
THE ALPHA COMMERCIAL ADVISORS PRESENTS BROADWAY--A FULLY PERMITTED MIXED-USE DEVELOPMENT OPPORTUNITY READY FOR EXECUTION IN WEST PALM BEACH'S EMERGING NORTH END DISTRICT.
Located at the gateway to Palm Beach County's fastest evolving urban submarket, Broadway is a 12-unit, 3-story mixed-use development along West Palm Beach's Broadway Boulevard--a corridor steadily attracting residential density and mixed-use infill as the city's northward growth momentum continues. Positioned within minutes of Downtown West Palm Beach and adjacent to trendy Northwood Village, this site offers developers a rare combination of approved entitlements, active permit progression, and a compelling mixed-income unit program slated to supply infill product right in the path of progress for this waterfront district.
Fully entitled and permit-advanced through the City of West Palm Beach, Broadway offering a diverse mix of 1 Bed/1Bath & 2 Bed/1 Bath residences with ground-floor retail/commercial space--designed across six distinct unit types ranging from 571 to 813 sq. ft. With site plan, design, variance and waiver approvals all ready-to-go and master building permit actively in final review, Broadway offers a groundbreaking solution to the lengthy entitlement process to put you right on the return-generation track.
Investment highlights
Fully Entitled, Approved & Permitted: Full site plan, variance, waiver and design approvals in place, with all required studies – traffic, fire, police and school concurrency already completed. This is as close to shovel-ready as it gets for developers looking to get off the ground in record time.
Northwood/Broadway Corridor Momentum: Positioned within WPB's most active redevelopment corridor, adjacent to Northwood Village and NORA — the city's newest 150,000 SF hospitality and retail destination — with a city-led zoning overhaul and sustained CRA investment driving the north end's transformation.
Dual Exit Strategy: Broadway's mixed-use program supports both a stabilized rental and retail income play or a condominium conversion— two clearly defined return paths uncontested in the local market.
Intracoastal Proximity, Infill Basis: Mere blocks from the Intracoastal Waterway, Broadway captures WPB's waterfront lifestyle draw at a land basis that still reflects corridor upside rather than destination pricing ahead of buzz-driven inflation.
Curated Unit Mix & Modern Design: Offering 12 diversely-sized residences averaging 693 SF across six thoughtfully designed unit types, ±960 SF of ground-floor retail, and 14 approved on-site parking spaces — all wrapped in a contemporary architectural expression purpose-built for the Northwood/Broadway renter and end-buyer.
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