$1,500,000

1617 Embassy Drive, West Palm Beach, FL 33401

Land
Built in ——
0.87acre lot
—— car garage
$——/sqft
Listed 3 months ago

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.

Listing Status:: Active
Date Added:: February 13, 2026
Data Last Updated:: May 20, 2026 at 7:19AM
Listing Office:: Douglas Elliman : 561-655-8600
Listing Agent:: Lauren Nicole Mathews : 561-629-3416
MLS ID:: R11163572

Road/Access: Paved
Originating MLS: BEACH_BEACH
County: Palm Beach

Zoning: MF32(cPRESIDENT COUNTRY CLUB PL 1 LT 1974434317070000190
Current Use: CommercialMulti-Family

Utilities: None

Source: BEACH_BEACH

This listing courtesy of Lauren Nicole Mathews , Douglas Elliman

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Principal & Interest $
Property Taxes $
Home Insurance $
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