902 2nd Street
West Palm Beach, FL 33401
0.33 acres
Description
**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 OVER 1 ACRE; details on request.
Property Details
- Lot Features1/4 to 1/2 Acre
- Lot Description1/4 to 1/2 Acre
- SubdivisionWEST PALM BEACH
- Property SubtypeCommercial Land
- CountyPalm Beach
- Original List Price$2,995,000
- Property TypePurchase
- Cost2995000
- ZoningQBD-3(
- Taxes Annual$1,918
- Acres0.328
- Lot Size (sqft)14300
Location
Legal
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Last Updated: . Source: BMLS
Provided By
Listing Agent: Giuliana Torre (#276633203)
Listing Office: Douglas Elliman (#pb802465)
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