
$2,995,000
Commercial for Sale, 902 2nd Street, West Palm Beach, Florida 33401
- MLS#R11126987
Listed By Douglas Elliman
The Commercial Property for Sale located at 902 2nd Street, West Palm Beach, Florida 33401 is currently for sale.
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 1.5 ACRES; details on request.
Location
902 2nd Street, West Palm Beach, Florida 33401
Property features
Property
- Type: Agricultural Property
Lot/Land
- Lot Description: Cleared
Utilities
- Other utilities: Public