902 2nd Street
West Palm Beach, FL 33401

Property

Ownership: Land
Type: Land
Pets: Pets Case By Case
Area: 5420 sq ft

Financials

Price:$2,995,000
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Douglas Elliman

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 OVER 1 ACRE; details on request.

Unbranded Virtual Tour: https://www.propertypanorama.com/902-2nd-Street-West-Palm-Beach-FL-33401--RX-11126987/unbranded

UNMATCHED Opportunity in Downtown West Palm Beach !


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.