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$1,750,000
Est. payment /mo
0.87 Acres Lot
Active
1617 Embassy DR West Palm Beach, FL 33401
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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision President Country Club 1
MLS Listing ID R11163572
HOA Y/N No
Annual Tax Amount $7,565
Tax Year 2025
Lot Size 0.870 Acres
Acres 0.87
Property Sub-Type Unimproved Land
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.
Location
State FL
County Palm Beach
Area 5410
Zoning MF32(c
Direction South
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available None
Present Use Commercial,Multi-Family
Street Surface Paved
Building
Lot Description City Lot, On Golf Course, Subdivision
Faces South
Others
Tax ID 74434317070000190
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/1617-Embassy-Drive-West-Palm-Beach-FL-33401/unbranded

Listed by Lauren Nicole Mathews Douglas Elliman
NEARBY SCHOOL & BUSINESS
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