902 2nd Street, West Palm Beach, FL 33401
- $2,995,000
- List Price
- $2,995,000
- MLS#
- R11126987
- Status
- ACTIVE
- Type
- Commercial
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.
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Additional Information
- Days on Market
- 308
- Tax Amount
- $1,918
- Parcel Number
- 74434321010390020
- Front Exposure
- North
- Lot Size
- 14,300
- Address
- 902 2nd Street, West Palm Beach
- Development Name
- West Palm Beach, Nora
- Development
- West Palm Beach, Nora
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Listing Courtesy of Douglas Elliman, Contact: