902 2nd ST West Palm Beach, FL 33401
0.33 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision West Palm Beach
MLS Listing ID R11126987
HOA Y/N No
Annual Tax Amount $1,918
Tax Year 2024
Lot Size 0.330 Acres
Acres 0.33
Property Sub-Type Unimproved Land
Property Description
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.
Location
State FL
County Palm Beach
Community Street Lights
Area 5420
Zoning QBD-3(
Direction North
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Community Features Street Lights
Utilities Available Electricity Available, None, Water Available
Water Access Desc Public
Present Use Commercial
Road Frontage Public Road
Building
Lot Description Cleared, City Lot, 1/4 to 1/2 Acre Lot
Faces North
Water Public
Others
Tax ID 74434321010390020
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