902 2nd St, West Palm Beach, FL

$2,995,000

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0.33

Acres

About 902 2nd St

**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.

Features of 902 2nd St

MLS® # RX-11126987
Price $2,995,000
Acres 0.33
Type Land
Sub-Type Commercial Land
Style No
Status Active

Community Information

Address 902 2nd St
Area 5420
Subdivision WEST PALM BEACH
City West Palm Beach
County Palm Beach
State FL
Zip Code 33401

Amenities

Utilities Public Water, None
Is Waterfront No

Exterior

Lot Description 1/4 to 1/2 Acre

Additional Information

Zoning QBD-3(
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeDouglas Elliman

Listing Map

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