Commercial Land: |
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902..2nd West Palm Beach, FL 33401 | ||||
Price: $2,995,000 | ||||
Type of Property: Commercial Land | Area: 5420 | |||
Style of Property: | ||||
ID#: 18011126987 | Zoning_Information: QBD-3( | |||
Tax Amount: 1918.52 | ||||
Status: Active & Available | Tax Year: 2024 | |||
Acre: 0.33 | ||||
Approximate Lot Size: 14300.00 | ||||
Location of Property: City | ||||
County: Palm Beach | ||||
Folio Number: 74434321010390020 | ||||
Listed Date year/month/day: 2025-09-25 | ||||
Legal:WEST PALM BEACH TOWN OF LT 2 BLK 39 | ||||
**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. |
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