West Palm Beach, FL 33401 902 2nd Street
$2,995,000
0 more
Presented By: Douglas Elliman
Home Details
**UNMATCHED Opportunity in Downtown West Palm Beach!**
Acquire two PRIME lots totaling over 20,000 SF at 902 2nd Street (14,300 SF) and 914 2nd Street (7,148 SF), zoned QBD3. This .49-ACRE site offers a Floor Area Ratio (FAR) of 1, with potential to increase to 2.5 FAR through the acquisition of Transfer of Development Rights (TDRs), allowing for up to 5 STORIES or 50 feet in height.
Versatile development options include Multi-Family, Live/Work, Retail, Office, Hotel, and Restaurant- no density limits.
Strategically located near the new NORA development, BrightLine, CityPlace, Ritz Carlton, and booming Downtown West Palm Beach, this is a once-in-a-lifetime investment opportunity.
Additional opportunities exist to expand this assemblage to 1.5 ACRES; details on request.
Presented By: Douglas Elliman
Interior Features for 902 2nd Street
Bathrooms
Total Baths
General for 902 2nd Street
CityWest Palm Beach
Community FeaturesStreet Lights
CountyPalm Beach
Current UseCommercial
Development StatusRaw Land
Facing DirectionNorth
Legal DescriptionWEST PALM BEACH TOWN OF LT 2 BLK 39
Lot Size Square Feet14300
MLS Area5420
PossessionSubject To Tenant Rights
Possible UseCommercial
PostalCityWest Palm Beach
Property Sub Type AdditionalUnimproved Land
Property SubtypeUnimproved Land
Property TypeLand
Standard StatusActive
StatusActive
Subdivision NameWEST PALM BEACH
Tax Annual Amount1918.52
Tax Year2024
UtilitiesElectricity Available, None, Water Available
Virtual TourClick here
Exterior for 902 2nd Street
Lot Dimensions100.0 ft x 141.0 ft
Lot FeaturesCleared, City Lot, 1/4 to 1/2 Acre Lot
Lot Size Acres0.33
Road Frontage TypePublic Road
VegetationGrassed, None
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Rosalie de los Hoyos (RosaliedelosHoyos)
Realtor
