902 2nd ST new Save Request In-Person Tour Request Virtual Tour
West Palm Beach,FL 33401
Key Details
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
Subdivision West Palm Beach
MLS Listing ID RX-11126987
HOA Y/N No
Annual Tax Amount $1,918
Tax Year 2024
Lot Size 0.328 Acres
Property Sub-Type Commercial Land
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 OVER 1 ACRE; details on request.
Location
State FL
County Palm Beach
Community Nora
Area 5420
Zoning QBD-3(
Exterior
Utilities Available Electric Service Available
Exposure North
Building
Lot Description 1/4 to 1/2 Acre
Others
Acceptable Financing Will Rent
Horse Property No
Listing Terms Will Rent
Financing Will Rent
Virtual Tour https://www.propertypanorama.com/902-2nd-Street-West-Palm-Beach-FL-33401--RX-11126987/unbranded