LOT SIZE 0.330 acres
MLS#R11126987
STATUSActive
PROPERTY TYPELand - Commercial
SUBDIVISIONWEST PALM BEACH
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.
Property Features
Property Type: Land - Commercial
Lot Size: 0.33 Acres
Taxes: $1,918
Feature Descriptions
Days on Site: 249
Lot: Cleared, Street Lights
Lot: Cleared, Street Lights
Lot Dimensions: 100.0 ft x 141.0 ft
Parcel#: 74434321010390020
Utilities: Electricity Available, None, Water Available
Utilities: Electricity Available, None, Water Available
Water: Public
Listed By / Shown By
Listed By
Agency Name: Douglas Elliman
Agency Phone: 561-655-8600
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
Estimate Your Payment
Estimated Payment
$ 7,698.95 per month $6,665.57 Principal & Interest $159.83 Property Tax $873.54 Homeowner's InsuranceChange Payment Information
902 2nd Street | MLS# R11126987
This land located at 902 2nd Street, West Palm Beach, FL 33401 is currently listed for sale with an asking price of $2,995,000. The property has approximately 0.33 Acres. Search West Palm Beach real estate on www.realtymark.net today.