902 2nd Street, West Palm Beach, FL 33401

$2,995,000

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List Price
$2,995,000
MLS#
R11126987
Lot Size
14,300
Lot Dimensions
100.0 ft x 141.0 ft
Subtype
Unimproved Land
County
Palm Beach
Subdivision
West Palm Beach
Region
5420

Property 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.

Additional Information

Water
Public
Community Features
Street Lights

Listing courtesy of Douglas Elliman. Contact:

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