$2,995,000
- 0.33 Acres
- $9,075,758/Acre
**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.