Commercial Land Development
New
For Sale
$2,995,000
902 2nd Street, West Palm Beach, FL 33401
QBD-3-zoned land supports multifamily, retail, office, hospitality, restaurant, and live/work development concepts.
Property SizeContact for details
Days on Market3
Property Features for 902 2nd Street
General Information
Standard status
Active
Property subtype
Unimproved Land
Taxes and HOA fees
Annual Taxes
$1,918
Listing Agency:
Douglas Elliman
Listed By:
Giuliana Torre · License #3482519
(917) 379-6306
Source:
Meyerlucas
Added: Sep 21
Changed: Sep 23
Last Checked: Sep 22 at 3:54PM
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.
This assemblage comprises two QBD-3 lots at 902 2nd Street and 914 2nd Street, totaling over 20,000 SF on approximately 0.49 acres. The site carries a base FAR of 1, with additional development capacity potentially available through Transfer of Development Rights. A QBD-3 to QBD-5 path is identified for five stories, with additional height noted for projects incorporating live local provisions.
Potential uses identified for the property include multifamily, live/work, retail, office, hotel, and restaurant development. The site is adjacent to the Sapodilla/2nd Street assemblage associated with Related Ross, the planned 164-unit Sapodilla residences, and a new downtown Publix. Brightline, CityPlace, and the Ritz-Carlton are within walking distance. The assemblage may also be expandable to 1.5 acres, with further details available on request.
Potential uses identified for the property include multifamily, live/work, retail, office, hotel, and restaurant development. The site is adjacent to the Sapodilla/2nd Street assemblage associated with Related Ross, the planned 164-unit Sapodilla residences, and a new downtown Publix. Brightline, CityPlace, and the Ritz-Carlton are within walking distance. The assemblage may also be expandable to 1.5 acres, with further details available on request.
Key Highlights
- Two QBD‑3 lots totaling over 20,000 SF
- Approximately 0.49‑acre development site
- Base FAR of 1 with potential TDR capacity
Property Analytics
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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
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Frequently Asked Questions
What type of property is this?
Commercial land - QBD-3-zoned land supports multifamily, retail, office, hospitality, restaurant, and live/work development concepts.
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 QBD‑3 lots totaling over 20,000 SF; Approximately 0.49‑acre development site; Base FAR of 1 with potential TDR capacity
