902 2nd Street, West Palm Beach FL 33401

Address
902 2nd Street, West Palm Beach, FL
Price
$ 2,995,000
Property Attributes
  • MLS#R11126987
  • TypeLand
  • Listing Status Active
  • CountyPalm Beach
  • CityWest Palm Beach
  • Area5420
  • NeighborhoodWEST PALM BEACH
  • Zip33401
  • Style
  • Taxes$ 1918
  • Price$ 2,995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.33 Acres
Data Source:
Beaches MLS (FL)
Property Description

**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.

Price History
1/15/2026 Listed $2,995,000

General Features

Utilities Electricity Available,None,Water Available
Possession Subject To Tenant Rights
Development Status Raw Land
Property Subtype Unimproved Land
Tax Year 2024
Current Use Commercial
Community Features Street Lights
County Palm Beach
Property Type Land
Subdivision Name WEST PALM BEACH
Facing Direction North
Possible Use Commercial
Status Active
City West Palm Beach
MLS Area 5420
Lot Size Square Feet 14300
Tax Annual Amount 1918.52
Virtual Tour https://www.propertypanorama.com/902-2nd-Street-West-Palm-Beach-FL-33401--RX-11126987/unbranded
Standard Status Active
Property Sub Type Additional Unimproved Land
PostalCity West Palm Beach
Legal Description WEST PALM BEACH TOWN OF LT 2 BLK 39

Exterior Features

Vegetation Grassed,None
Lot Features Cleared,City Lot,1/4 to 1/2 Acre Lot
Water Source Public
Lot Dimensions 100.0 ft x 141.0 ft
Lot Size Acres 0.33
Waterfront Y/N false
Road Frontage Type Public Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33401

Price
AVG $2.49M
$3M
Taxes
AVG $7,918
$1,918

Areas We Cover