- MLS#: R11126987 ( Land & Docks )
- Street Address: 902 2nd Street
- Viewed: 45
- Price: $2,995,000
- Price sqft: $0
- Waterfront: No
- Year Built: Not Available
- Bldg sqft: 0
- Days On Market: 121
- Additional Information
- Geolocation: 27 / -80
- County: PALM BEACH
- City: West Palm Beach
- Zipcode: 33401
- Subdivision: West Palm Beach
- Provided by: Douglas Elliman
- DMCA Notice
Nearby Subdivisions
PRICED AT ONLY: $2,995,000
Address: 902 2nd Street, West Palm Beach, FL 33401
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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 1.5 ACRES; details on request.
Property Location and Similar Properties
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Land Information
- Lot Features: Cleared, Street Lights
Eco-Communities
- Water Source: Public
Utilities
- Road Frontage Type: Public Road
- Utilities: Electricity Available, Water Available, None
Finance and Tax Information
- Tax Year: 2024
Other Features
- Legal Description: WEST PALM BEACH TOWN OF LT 2 BLK 39
- Parcel Number: 74434321010390020
- Views: 45
- Zoning Code: QBD-3(
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