Agriculture · Commercial Land
902 2nd Street, West Palm Beach FL 33401
West Palm Beach, FL, 33401
$2,995,000
Presented by Parvani Commercial Group, Inc.
About This Property
**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 Details
- Property Type
- Agriculture
- Status
- Active
- MLS #
- R11126987
- Lot Size
- 14,300 SF
- Zoning
- QBD-3(
- Days on Market
- 253
- Price
- $2,995,000