**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.
Listed By
Agency Name: Douglas Elliman
Agency Phone: 561-655-8600
Shown By
Agency Title: Realty 100
Agency Phone: 954-859-2100
Estimated Payment
$ 7,698.95 per month $6,665.57 Principal & Interest $159.83 Property Tax $873.54 Homeowner's Insurance
902 2nd Street | MLS# R11126987
This land located at 902 2nd Street, West Palm Beach, FL 33401 is currently listed for sale with an asking price of $2,995,000. The property has approximately 0.33 Acres. Search West Palm Beach real estate on www.realty100.com today.