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1617 Embassy Drive, West Palm Beach FL 33401

Comercial En Venta
$1,500,000

BTC: 18.04185711

ETH: 566.03773585

-$250K (2026/04/20)
226 días
0 room(s)

Visión general

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.

Ubicación

Detalles

Tipo:
Commercial Land
Estacionamiento:
Sin datos
Año de construcción:
Sin datos
Lote:
0.87 Hectáreas
Calefacción:
Sin datos
precio por sq. medidor:
Sin datos
Enfriamiento:
Sin datos
HOA:
Sin datos

Valuation

Our model vs. what's actually selling nearby.
Estimate
$630,000
$75K – $6.2M
Confidence Low
List vs. estimate
$870K above estimate
List $1,500,000 · +138.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
49 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $287K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Destacados

Annual tax
$7,565
2025
Más hechos y características
  • Lote

    • Lote: 0.87 Hectáreas

    Otra Información de Propiedad

    • Número de Parcela: 74434317070000190

    • Zonificación: MF32(c

  • Tipo y estilo

    • Tipo de propiedad: Commercial Land

    • Subtipo de propiedad: Agriculture

  • Utilidad

    • No Utilities

    • None

  • Otra información financiera

    • Importe anual de impuestos: $7,565

  • Detalles de la fuente

    • MLS ID: R11163572

    Otros hechos

    • Características del lote: City Location / Golf Course Location / 1/2 To Less Than 3/4 Acre Lot / Less Than 1 Acre

    • Caras de dirección: South

    • Tamaño de la parcela: 326x150

    • Nombre de subdivisión: PRESIDENT COUNTRY CLUB 1

Consulta privada
Habla con el asesor de este inmueble.
Planos, documentos del HOA, comparables off-market, agendar una visita privada — un solo mensaje directo al especialista local.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman