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Prime Downtown West Palm Beach Lots
For Sale
$2,995,000

902 2nd Street, West Palm Beach, FL 33401

COMMERCIAL - West Palm Beach, FL

Property SizeContact for details
Lot Size0.33 Acres
Days on Market322

Property Features for 902 2nd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning QBD-3(
Vegetation Grassed
Subdivision WEST PALM BEACH
Lot features Cleared, Street Lights
Standard status Active
APN 74434321010390020
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description WEST PALM BEACH TOWN OF LT 2 BLK 39
Tax Annual Amount 1919
Legal Description WEST PALM BEACH TOWN OF LT 2 BLK 39

Utilities

Utilities Water Available
Water source Public
Listing Agency: Douglas Elliman
Listed By: Giuliana Torre · License #3482519
Added: Sep 25, 2025 Changed: Aug 4 Last Checked: Aug 12 at 3:06PM
MLS# R11126987

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Two lots totaling over 20,000 square feet are available in downtown West Palm Beach. Located at 902 2nd Street (14,300 square feet) and 914 2nd Street (7,148 square feet), the .49-acre site is zoned QBD3. The property offers a Floor Area Ratio (FAR) of 1, with the 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 uses, with no density limits. The property is strategically located near the new NORA development, BrightLine, CityPlace, Ritz Carlton, and booming downtown West Palm Beach. Additional opportunities exist to expand this assemblage to 1.5 acres; details on request.

Key Highlights

  • Prime location in Downtown West Palm Beach near NORA, BrightLine, CityPlace, and Ritz Carlton.
  • Large .49‑acre site (over 20,000 SF) comprised of two lots.
  • QBD3 zoning allows for versatile development options.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Veterinary Clinic Locksmith Clothing & Fashion Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,324
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Two lots totaling over 20,000 SF in downtown West Palm.
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: Prime location in Downtown West Palm Beach near NORA, BrightLine, CityPlace, and Ritz Carlton.; Large .49‑acre site (over 20,000 SF) comprised of two lots.; QBD3 zoning allows for versatile development options.
More about this property
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