902 2nd Street, West Palm Beach FL 33401, West Palm Beach
$2,995,000
West Palm Beach, FL, 33401
Property details
- Bathrooms
- 0
- Type
- Agriculture
- Days on market
- 253
- MLS #
- R11126987
Listing courtesy of Douglas Elliman · 561-655-8600. Listing agent: Giuliana Torre. MLS data last updated 2026-05-18.
Description
**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 1.5 ACRES; details on request.
902 2nd Street, West Palm Beach FL 33401, West Palm Beach — for sale, listed for $2,995,000 (0 bath).
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n=189 · 2026-07-28 · Methodology
Market trend (our weekly archive)
Our weekly snapshot archive tracks the median for listings for sale in 33401: $345/sqft in 2026-W30 to $345/sqft in 2026-W31.
This history is computed from our own recorded market snapshots, not backfilled estimates.
n=56 · 2026-07-28 · Methodology
ZIP vs city price level
Active listings like this in ZIP 33401 show a median asking $345/sqft — 2.7% above the West Palm Beach median asking of $336/sqft.
n=14 · 2026-07-28 · Methodology
Asking price vs segment median
$2,995,000 asks 360.8% above the $649,950 median across 56 listings for sale in ZIP 33401.
n=56 · 2026-07-28 · Methodology
Price-reduction climate
32% of 56 active listings for sale in 33401 are listed below their original asking price.
n=56 · 2026-07-28 · Methodology
How long has it been listed?
253 days so far — the median among 56 active listings for sale in 33401 is 88 days, putting this listing at the 91% percentile for market time.
n=56 · 2026-07-28 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-28 · Methodology
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