**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
All features
Current Use: Commercial
Approx SqFt Total Area: 14300
Property SqFt: 14300
Remarks: **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.
Internet Remarks: **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.
Waterfront: No info
Directions: North
Days on Market: 174
Office Name: Douglas Elliman
Area: 0.33
Taxes: 1918.52
Tax Year: 2024
Listing Date: 2025-09-24T20:00:00.000-00:00
Lot Size Square Feet: 14300
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