Estimated payment $15,945/month
About This Lot
**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 OVER 1 ACRE; details on request.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,919
Lot Details
- 0.33 Acre Lot
- Property is zoned QBD-3(
Location
- City Lot
Community Details
- West Palm Beach Subdivision
Listing and Financial Details
- Assessor Parcel Number 74434321010390020
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,919 | $62,250 | -- | -- |
| 2023 | $1,510 | $56,591 | -- | -- |
| 2022 | $1,226 | $51,446 | -- | -- |
| 2021 | $1,108 | $60,000 | $60,000 | $0 |
| 2020 | $1,015 | $54,000 | $54,000 | $0 |
| 2019 | $910 | $46,000 | $46,000 | $0 |
| 2018 | $809 | $42,504 | $42,504 | $0 |
| 2017 | $746 | $38,640 | $38,640 | $0 |
| 2016 | $683 | $29,040 | $0 | $0 |
| 2015 | $663 | $26,400 | $0 | $0 |
| 2014 | $558 | $24,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/04/2025 10/04/25 | Off Market | $2,995,000 | -- | -- | |
| 09/29/2025 09/29/25 | For Sale | $2,995,000 | 0.0% | -- | |
| 09/25/2025 09/25/25 | For Sale | $2,995,000 | 0.0% | -- | |
| 06/27/2025 06/27/25 | Price Changed | $11,500 | -8.0% | $1 / Sq Ft | |
| 02/04/2025 02/04/25 | For Rent | $12,500 | 0.0% | -- | |
| 10/15/2024 10/15/24 | Sold | $550,000 | -26.7% | $1,348 / Sq Ft | View Prior Sale |
| 05/06/2024 05/06/24 | Price Changed | $750,000 | +74999900.0% | $1,838 / Sq Ft | |
| 04/17/2024 04/17/24 | For Sale | $1 | -- | $0 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $550,000 | None Listed On Document | |
| Warranty Deed | -- | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Personal Reps Deed | $125,000 | Attorney | |
| Personal Reps Deed | $125,000 | Attorney | |
| Personal Reps Deed | $125,000 | Attorney |
Source: BeachesMLS
MLS Number: R11126987
APN: 74-43-43-21-01-039-0020
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