An Exceptional Opportunity To Acquire Two Contiguous Parcels Totaling Approximately 38,099 ± Square Feet (0.87 Acres) Within The Established Lands Of The President Community In West Palm Beach. Zoned Mf32 - Multifamily High Density (city Of West Palm Beach), The Site Presents Potential For Up To 32 Dwelling Units Per Acre, Subject To Site Plan Approval And Verification.
preliminary Concept Studies Illustrate The Feasibility For A 3-story Residential Development Of Up To 28 Units With Structured Or Surface Parking. The Property Offers Strong Frontage Along Embassy Drive And Is Centrally Located Near Banyan Cay Redevelopment, Palm Beach Outlets, Downtown West Palm Beach, Brightline, And Major Employment Corridors. Unlike Raw Land, This Infill Site Benefits From Existing Road Access, Utilities, And Established Surrounding Infrastructure.
ideal For A Boutique Multifamily Concept, Luxury Villa Product, Or Creative Low-rise Residential Development, Subject To Approvals.
opportunities Of This Scale Within Lands Of The President And Surrounding Area Are Extremely Limited. Full Package Upon In Docs Section Or Upon Request.
Features
All features
Current Use: Commercial, MultiFamily
Approx SqFt Total Area: 38099
Property SqFt: 38099
Remarks: An exceptional opportunity to acquire two contiguous parcels totaling approximately 38, 099 ± square feet (0.87 acres) within the established Lands of the President community in West Palm Beach. Zoned MF32 - Multifamily High Density (City of West Palm Beach), the site presents potential for up to 32 dwelling units per acre, subject to site plan approval and verification. Preliminary concept studies illustrate the feasibility for a 3-story residential development of up to 28 units with structured or surface parking. The property offers strong frontage along Embassy Drive and is centrally located near Banyan Cay redevelopment, Palm Beach Outlets, Downtown West Palm Beach, Brightline, and major employment corridors. Unlike raw land, this infill site benefits from existing road access, utilities, and established surrounding infrastructure. Ideal for a boutique multifamily concept, luxury villa product, or creative low-rise residential development, subject to approvals. Opportunities of this scale within Lands of the President and surrounding area are extremely limited. Full package upon in docs section or upon request.
Internet Remarks: An exceptional opportunity to acquire two contiguous parcels totaling approximately 38, 099 ± square feet (0.87 acres) within the established Lands of the President community in West Palm Beach. Zoned MF32 - Multifamily High Density (City of West Palm Beach), the site presents potential for up to 32 dwelling units per acre, subject to site plan approval and verification. Preliminary concept studies illustrate the feasibility for a 3-story residential development of up to 28 units with structured or surface parking. The property offers strong frontage along Embassy Drive and is centrally located near Banyan Cay redevelopment, Palm Beach Outlets, Downtown West Palm Beach, Brightline, and major employment corridors. Unlike raw land, this infill site benefits from existing road access, utilities, and established surrounding infrastructure. Ideal for a boutique multifamily concept, luxury villa product, or creative low-rise residential development, subject to approvals. Opportunities of this scale within Lands of the President and surrounding area are extremely limited. Full package upon in docs section or upon request.
Waterfront: No info
Directions: South
Days on Market: 41
Office Name: Douglas Elliman Jupiter
Area: 0.87
Taxes: 7565.33
Tax Year: 2025
Listing Date: 2026-02-12T19:00:00.000-00:00
Lot Size Square Feet: 38099
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