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(
Water SourcePublic
Days on Market270
Property TypeLand
StatusActive
MLS #R11126987
Original List Price$2,995,000
SubdivisionWEST PALM BEACH
Road FrontagePublic Road
WaterfrontNo
Annual Taxes$1,919
Direction FacesNorth
CityWest Palm Beach
Show all details (3 more)
Zip Code33401
Lot FeaturesCleared, City Lot, Quarter To Half Acre Lot
UtilitiesElectricity Available, None, Water Available
LOCATION

Where you'll live

Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
WPB Specialist
Luxury Specialist

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