Modern Living Group
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$2,995,000ACTIVE

902 2nd Street, West Palm Beach, FL 33401

beds0baths
THE RESIDENCE

About this home

**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.

THE DETAILS

Property details

Price$2,995,000
Lot Size0.33 acres
Lot Sq Ft14,300
Lot Dimensions100.0 ft x 141.0 ft
Price / Acre$9,075,758
ZoningQBD-3(
Lot FeaturesCleared,CityLot,QuarterToHalfAcreLot
Water SourcePublic
Days on Market335
Property TypeLand
StatusActive
MLS #R11126987
Original List Price$2,995,000
SubdivisionWEST PALM BEACH
Road FrontagePublicRoad
WaterfrontNo
Annual Taxes$1,919
Direction FacesNorth
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CityWest Palm Beach
Zip Code33401
UtilitiesElectricityAvailable,None,WaterAvailable
LOCATION

Where you'll live

Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
Luxury Specialist

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