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902 2nd Street, West Palm Beach, FL 33401 (MLS# R11126987)

902 2nd Street, West Palm Beach, FL 33401

$2,995,000
Property Type: Land & Docks Lot Size (sq. ft.): 14,300 Status: Active
Current Price: $2,995,000 List Date: 9/25/2025 Last Modified: 4/17/2026

Overview

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.

Listing Details MLS# R11126987

General Property Information

Property Sub Type
Unimproved Land
Lot Size Acres
0.33
Lot Size Square Feet
14300
Lot Size Dimensions
100.0 ft x 141.0 ft
Direction Faces
North
LP/SqFt
209.44

Property Features

Current Use: Commercial Development Status: Raw Land Documents Available: Survey; None Location of Property: City Location Possession: Subject To Tenant Rights Possible Use: Commercial Trees: None Utilities: Electricity Available; Water Available; None Vegetation: Grassed Lot Features: Cleared; Street Lights Road Frontage Type: Public Road Water Source: Public Showing Requirements: Call Listing Agent; Text Listing Agent Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
2995000
Negotiable Seller Concessions YN
Yes
LP/Acre
9075757.58

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
902
Street Name
2nd
Street Suffix
Street
City Name
West Palm Beach
State Or Province
FL
Postal Code
33401
Postal Zip
33401
Subdivision Name
WEST PALM BEACH
Development Name
NORA
Area
5420
Geographic Area
PB20
Parcel Number
74434321010390020
Multiple Offers Accepted
Yes
Zoning
QBD-3(

Financial Information

Tax Year
2024
Tax Annual Amount
1918.52
Tax Legal Description
WEST PALM BEACH TOWN OF LT 2 BLK 39

Status Change Information

Major Change Timestamp
2025-09-25T19:54:53Z
Major Change Type
New Listing
Status Change Date
2025-09-25

More Information

Short Sale Details

Short Sale Addendum
No

Originating Details

Originating System Key
20250925180318485502000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Documents Available

Survey
Yes
None
Yes

Current Use

Commercial
Yes

Development Status

Raw Land
Yes

Location of Property

City Location
Yes

Possession

Subject To Tenant Rights
Yes

Possible Use

Commercial
Yes

Trees

None
Yes

Utilities

Electricity Available
Yes
Water Available
Yes
None
Yes

Vegetation

Grassed
Yes

Lot Features

Cleared
Yes
Street Lights
Yes

Road Frontage Type

Public Road
Yes

Water Source

Public
Yes

Showing Requirements

Call Listing Agent
Yes
Text Listing Agent
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes

Documents

Listing Office: Douglas Elliman
IDX
Last Updated: April - 17 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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