LOT SIZE 0.870 acres
MLS#R11163572
STATUSActive
PROPERTY TYPELand - Residential
SUBDIVISIONPRESIDENT COUNTRY CLUB 1
Property Description
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.
Property Features
Property Type: Land - Residential
Lot Size: 0.87 Acres
Taxes: $7,565
Feature Descriptions
Days on Site: 62
Lot Dimensions: 326 x 150 (approx.)
Parcel#: 74434317070000190
Utilities: None
Utilities: None
Listed By / Shown By
Listed By
Agency Name: Douglas Elliman
Agency Phone: 561-655-8600
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 5,035.57 per month $3,894.74 Principal & Interest $630.42 Property Tax $510.42 Homeowner's InsuranceChange Payment Information
1617 Embassy Drive | MLS# R11163572
This land located at 1617 Embassy Drive, West Palm Beach, FL 33401 is currently listed for sale with an asking price of $1,750,000. The property has approximately 0.87 Acres. Search West Palm Beach real estate on www.realtymarkllc.com today.