1617 Embassy Drive, West Palm Beach FL 33401

For sale Days on market 125

$1,500,000

$250,000
Price Decreased

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1617 Embassy Drive, West Palm Beach FL 33401

For sale Days on market 125

$1,500,000

$250,000
Price Decreased

Overview

0.87 acres

Property Type

Agriculture

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 Details

MLS#

R11163572

Address

1617 Embassy

City

West Palm Beach

State/county

Zip/Postal Code

33401

Area

President Country Club 1

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$7,565

Maint Fee

$--

Tax Year

2025

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