1617 Embassy Drive, West Palm Beach, FL 33401

$1,500,000

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List Price
$1,500,000
Price Change
▼ $250,000 1776721614
Days on Market
166
MLS#
R11163572
Lot Size
38,099
Subtype
Unimproved Land
County
Palm Beach
Subdivision
President Country Club 1

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.

Additional Information

Taxes
$7,565
Utilities
None
Acres
0.87

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Listing courtesy of Douglas Elliman. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Lauren Nicole Mathews | Email: lauren.mathews@elliman.com