by Global Lifestyle Properties

Check Availability
$1,500,000
↓ $250K (14.3%)
● Land - For Sale

1617 Embassy Drive

West Palm Beach, FL 33401
bedrooms
Studio
bathrooms
0 Bath
$7,996
Est. Monthly

About This Property

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.
Unit Size
-
Days on Market
247 days
Land Size
0.87 acres
Price per sqft
-
Property Type
Land
Property Taxes
$630
HOA Dues
-
Year Built
-

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Last updated: 7 months ago (Beaches MLS #R11163572)

Price History

Date / Event Date Event Price
Apr 20, 2026 Price Decreased $1,500,000
↓ $250K (14.3%)
Price Decreased
Feb 13, 2026 Listed by Douglas Elliman $1,750,000
Listed by Douglas Elliman
Aug 25, 2015 Sold
Sold

Property Highlights

Exterior Details
Lot Features: City Lot, On Golf Course, Subdivision
Lot Size Area: 38099
Lot Size Units: Square Feet
Lot Size Acres: 0.87
Lot Size Square Feet: 38099
Lot Size Dimensions: 326 x 150 (approx.)
Financial Details
Tax Annual Amount: $7,565

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,568
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: PRESIDENT COUNTRY CLUB PL 1
  • Land Acres: 0000000403
  • Standard Land Use Code: 8000
  • County Land Use Code: 0000
  • Legal Description 1: PRESIDENT COUNTRY CLUB PL 1 LT 19

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 002100

Zoning

  • Zoning: MF32

Geography

  • Assessors Map Reference: 129
  • Parcel: 74-43-43-17-07-000-0190
  • Lot: 19
  • Meridian: SEC 17 TWN 43S RNG 43E
  • Municipality: WEST PALM BEACH
  • Latitude: 26.7287
  • Longitude: -80.0832

    Address

  • Full Address: 1617 Embassy Dr
  • Address - House Number: 1617
  • Address - Street Name: Embassy
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C039
  • 4-Digit Zip Code: 1901
  • Zip Code: 33401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $752,378
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 74407

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $370,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,000

    Sales

  • Current Sale Contract Date: Aug 19, 2015
  • Current Sale Recording Date: Aug 25, 2015
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20150315638
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Villages of Palm Beach Lakes


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Frequently Asked Questions

When was property at 1617 Embassy Drive built and last sold?
The property at 1617 Embassy Drive was built in and last sold on Aug 19, 2015 for $26,000,000.
How much is this home worth?
The estimated value of the home located at 1617 Embassy Drive is $1,515,000.
What are some comparable homes to 1617 Embassy Drive?
There are currently no comparable homes to 1617 Embassy Drive.