1617 Embassy DR, West Palm Beach, FL 33401
1617 Embassy DR, West Palm Beach, FL 33401
1617 Embassy DR, West Palm Beach, FL 33401
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Monica Cataluña, CCIM, ALC

Monica Cataluña, CCIM, ALC

+1(954) 812-1831
$1,500,000
Est. payment /mo
0.87 Acres Lot
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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

Lot Dimensions 326x150

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

Community President Country Club 1

Area 5410

Zoning MF32(c

Direction From I-95 exit Palm Beach Lakes Blvd east. Left on Congress Ave. Right on Presidential Way to Lands of the President gate. After gate, follow Presidential Way to Embassy Drive. Turn right; parcels lo

Exterior

Utilities Available None

Present Use Commercial,Unimproved

Street Surface Paved

Private Pool Yes

Building

Lot Description <1 Acre

Faces South

Others

Senior Community No

Tax ID 74434317070000190

Acceptable Financing Cash

Listing Terms Cash

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Douglas Elliman
Monica Cataluña, CCIM, ALC

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL 33331

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1617 Embassy DR