$1,500,000
$250K PRICE DROP

1617 Embassy Dr West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated payment $8,685/month

Total Views 3,033
0.87 Acre
$1,724,138 Price per Acre
38,099 Sq Ft Lot

Highlights

  • 0.87 Acre Lot
  • Partially Wooded Lot
  • No HOA

About This Lot

An exceptional opportunity to acquire two contiguous parcels totaling approximately 38,099 ± square feet (0.87 acres) within the established Lands of the President community in West Palm Beach. Zoned MF32 - Multifamily High Density (City of West Palm Beach), the site presents potential for up to 32 dwelling units per acre, subject to site plan approval and verification. Preliminary concept studies illustrate the feasibility for a 3-story residential development of up to 28 units with structured or surface parking. The property offers strong frontage along Embassy Drive and is centrally located near Banyan Cay redevelopment, Palm Beach Outlets, Downtown West Palm Beach, Brightline, and major employment corridors. Unlike raw land, this infill site benefits from existing road access, utilities, and established surrounding infrastructure. Ideal for a boutique multifamily concept, luxury villa product, or creative low-rise residential development, subject to approvals. Opportunities of this scale within Lands of the President and surrounding area are extremely limited. Full package upon in docs section or upon request. All development concepts are preliminary and for illustrative purposes only. Buyer is solely responsible for conducting its own due diligence regarding zoning, density, land use, site plan approval, subdivision covenants, HOA restrictions, utilities, and development feasibility. Seller and Broker make no representations or warranties regarding entitlement, permitted use, or maximum density. Any development potential referenced is subject to municipal approvals and private governing documents.

Co-Listing Agent

Alexis King

Douglas Elliman License #3419805

Douglas Elliman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,565

Lot Details

  • 38,099 Sq Ft Lot
  • Lot Dimensions are 326x150
  • South Facing Home
  • Partially Wooded Lot
  • Property is zoned MF32(c

Location

  • City Lot

Community Details

  • No Home Owners Association
  • President Country Club 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434317070000190

Property Details

Property Type

Land

Est. Annual Taxes

$7,565

Lot Details

0.87 Acres

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Agriculture
  • Co List Office Mls Id: FLL802465
  • Co List Office Phone: 561-655-8600
  • Directions: From I-95 exit Palm Beach Lakes Blvd east. Left on Congress Ave. Right on Presidential Way to Lands of the President gate. After gate, follow Presidential Way to Embassy Drive. Turn right; parcels lo
  • Horses: No
  • Lot Size Acres: 0.87
  • Lot Size: 326x150
  • New Construction: No
  • Road Frontage Type: Paved Road
  • Road Surface Type: Paved Road, Paved
  • Structure Type: Unimproved Agri/Recreatn/Moblhome
  • Subdivision Name: PRESIDENT COUNTRY CLUB 1
  • CurrentPrice: 1500000
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Exterior Features

  • Direction Faces: South
  • Lot Features: City Location, Golf Course Location, 1/2 To Less Than 3/4 Acre Lot, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Utilities

  • Green Building Features: Clearing Required, Pedestrian Traffic
  • Utilities: No Utilities, None

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road

Lot Info

  • Parcel Number: 74434317070000190
  • Current Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units)
  • Development Status: Undeveloped
  • Lot Size Sq Ft: 38099
  • Zoning: MF32(c

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7565

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/13/2026 02/13/26 For Sale $1,750,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed $300,000 None Listed On Document
Quit Claim Deed -- --
Warranty Deed $26,000,000 Attorney
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: R11163572

MIAMI REALTORS® MLS

APN: 74-43-43-17-07-000-0190

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

1617 Embassy Dr, West Palm Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Douglas Elliman
(561) 310-5207
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