About 902 2nd Street
**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 of 902 2nd Street
| MLS® # | R11126987 |
|---|---|
| Price | $2,995,000 |
| Acres | 0.33 |
| Type | Land & Docks |
| Sub-Type | Unimproved Land |
| Status | Active |
Community Information
| Address | 902 2nd Street |
|---|---|
| Area | 5420 |
| Subdivision | WEST PALM BEACH |
| Development | NORA |
| City | West Palm Beach |
| County | Palm Beach |
| State | FL |
| Zip Code | 33401 |
Amenities
| Utilities | Electricity Available, None, Water Available |
|---|---|
| Is Waterfront | No |
Exterior
| Lot Description | Cleared, Street Lights |
|---|
Additional Information
| Zoning | QBD-3( |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Development | NORA |
Listing Details
| Office | Douglas Elliman |
|---|