1617 Embassy Dr Land in West Palm Beach, FL 33401
0.88
AcreStatus
Active
Size
0.88 Acres (3,539 m2)
Price
$1,704,545/Acre ($424/m2)
Type
Land
MLS Number
R11163572
On Site
93 Days
Updated
26 Days ago
Page Views
0
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), t... Read more
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. All development concepts are preliminary and for illustrative purposes only. Buyer is solely responsible for conducting its own due diligence regarding zoning, density, land use, site plan approval, subdivision covenants, HOA restrictions, utilities, and development feasibility. Seller and Broker make no representations or warranties regarding entitlement, permitted use, or maximum density. Any development potential referenced is subject to municipal approvals and private governing documents.
- 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. All development concepts are preliminary and for illustrative purposes only. Buyer is solely responsible for conducting its own due diligence regarding zoning, density, land use, site plan approval, subdivision covenants, HOA restrictions, utilities, and development feasibility. Seller and Broker make no representations or warranties regarding entitlement, permitted use, or maximum density. Any development potential referenced is subject to municipal approvals and private governing documents.
- Waterfront: No info
- Directions: South
- Days on Market: 66
- Office Name: Douglas Elliman
- Taxes: 7565.33
- Tax Year: 2025
- Listing Date: 2026-02-12T19:00:00.000-00:00
- Lot Size Square Feet: 38099
Apples-to-Apples Comparables
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Price History
04/20/2026
Date
Price Reduced
Event
$1.5M
Price
-14.29%
Change Rate
$39 ft2 / $424 m2
Price Per
02/19/2026
Date
Listed
Event
$1.8M
Price
$46 ft2 / $494 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Lauren Mathews • Douglas Elliman • Buyer Agency Compensation .
Listing Location & Street View
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