Property Listing
902 2nd Street, West Palm Beach, FL 33401
$2,995,000
Beds
0
Baths
0
Living Area (SF)
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Price/SF
—
Year Built
0
Property Overview
**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.
Features & Details
Location
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Mortgage Calculator
Estimate monthly payments and basic cash flow for 902 2nd Street, West Palm Beach, FL 33401.
Estimated Monthly Payment
$19,035
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Cash Flow Analysis
Mortgage Payment
$15,540
Total Monthly Payment
$19,035
Cash Flow
-$19,035
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Listing Information
MLS ID: R11126987
Listing Office: Douglas Elliman
Listing Agent: Giuliana Torre
Source: BeachesMLS
Last Updated: Pending live MLS feed
Listing information is provided for consumer informational purposes only. Data will be updated with required MLS attribution, broker attribution, source disclosure, and accuracy disclaimers once the live IDX/MLS feed is connected.
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