Commercial Land with TDR Development
For Sale
$2,995,000
902 2nd Street, West Palm Beach, FL 33401
Two Downtown West Palm Beach lots zoned QBD3 totaling over 20,000 SF, offering FAR 1 with TDR-driven up to 2.5 FAR.
Property SizeContact for details
Days on Market314
Property Features for 902 2nd Street
General Information
Standard status
Active
Property subtype
Unimproved Land
Listing Agency:
Douglas Elliman
(917) 379-6306
Listed By:
Giuliana Torre · License #3482519
(917) 379-6306
Source:
Darlenestreit
Added: Sep 25, 2025
Changed: Jul 30
Last Checked: Aug 3 at 11:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman
Investment Insights
Based on property information with market context.
Two adjacent commercial land lots at 902 2nd Street (14,300 SF) and 914 2nd Street (7,148 SF) combine for over 20,000 SF on a .49-acre site. The property is zoned QBD3 and has an initial Floor Area Ratio (FAR) of 1.
Development potential is enhanced through the use of Transfer of Development Rights (TDRs), allowing FAR to increase to 2.5. With TDRs, the site can support up to 5 stories or 50 feet in height.
The development mix is broad, with options including multi-family, live/work, retail, office, hotel, and restaurant uses, with no density limits stated for the permitted development. The assemblage is positioned near the new NORA development and within the Downtown West Palm Beach area, close to BrightLine, CityPlace, and the Ritz-Carlton.
Additional opportunities may exist to expand the assemblage to 1.5 acres, with details available on request.
Development potential is enhanced through the use of Transfer of Development Rights (TDRs), allowing FAR to increase to 2.5. With TDRs, the site can support up to 5 stories or 50 feet in height.
The development mix is broad, with options including multi-family, live/work, retail, office, hotel, and restaurant uses, with no density limits stated for the permitted development. The assemblage is positioned near the new NORA development and within the Downtown West Palm Beach area, close to BrightLine, CityPlace, and the Ritz-Carlton.
Additional opportunities may exist to expand the assemblage to 1.5 acres, with details available on request.
Key Highlights
- Two‑lot assemblage at 902 2nd Street (14,300 SF) and 914 2nd Street (7,148 SF)
- Total site area of .49 acres totaling over 20,000 SF
- Zoned QBD3 with initial FAR 1
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,324
Businesses Nearby
Explore this area
Business Placement
Demographics for 33401, FL
31,302
Population
19,051
Households
1.6
Avg Household Size
40
Median Age
42%
College-Educated
89%
High-School Grad
5.1 sq mi
ZIP Area
6,138
Density / Sq Mi
$60,942
Median Household Income
$39,932
Median Earnings
$1,774
Median Rent
$430,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two Downtown West Palm Beach lots zoned QBD3 totaling over 20,000 SF, offering FAR 1 with TDR-driven up to 2.5 FAR.
Where is this commercial land located?
The property is located at 902 2nd Street West Palm Beach, FL.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Two‑lot assemblage at 902 2nd Street (14,300 SF) and 914 2nd Street (7,148 SF); Total site area of .49 acres totaling over 20,000 SF; Zoned QBD3 with initial FAR 1
