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$1,500,000
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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.
Full Property Details
Full Property Details for 1617 Embassy Dr
General
- Price: $1,500,000
- Taxes: $7,565 (2025)
- Status: Active
- Type: Vacant Land
- Source: Regional
- MLS ID: R11163572
- Updated: 4/20/2026
- Added to Site: 143 day(s) ago
Location
- County: Palm Beach
- Subdivision: PRESIDENT COUNTRY CLUB 1
- Driving Directions: 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
- Direction Faces: South
Community
- Community Name: 5410
Structural Information
- Current Bldg. Use: Commercial, Multi-Family
Lot Features
- Lot Size (Acres): 0.87
- Lot Size (Sq. Ft.): 38,099
- Lot Dimensions: 326 x 150 (appro x .)
- Lot Features: City Lot, On Golf Course, Subdivision
- Development Status: Raw Land
- Potential Use: Commercial
- Trees/Vegetation: Brush, Grassed, Partially Wooded
- Zoning: MF32(c
Financial Considerations
- Tax Amount: $7,565.33
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: PRESIDENT COUNTRY CLUB PL 1 LT 19
- Property ID: 74434317070000190
Listed by Douglas Elliman
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Schools
Schools serving 1617 Embassy Dr
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Roosevelt Elementary School, West Palm Beach, FL 1220 L A Kirksey St, West Palm Beach, FL 33401 | PK-5 | 1.1 mi |
Roosevelt Middle School 1900 North Australian Avenue, West Palm Beach, FL 33407 | 6-8 | 1.1 mi |
Palm Beach Lakes High School 3505 Shiloh Drive, West Palm Beach, FL 33407 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1617 Embassy Dr
Date
Details
Price
Change
Source
4/20/2026
Price Reduced
$1,500,000
-14.29%
MLS
2/13/2026
Listed
$1,750,000
-93.27%
MLS
8/19/2015
Sold
$26,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1617 Embassy Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,565
—
$370,000
—
2024
$7,568
1%
$370,000
—
2023
$7,524
15%
$370,000
23%
2021
$6,524
-7%
$300,000
-11%
2022
$6,995
5%
$336,000
12%
2019
$6,653
2%
$300,000
—
2018
$6,491
-1%
$300,000
—
2017
$6,584
-2%
$300,000
—
2016
$6,727
158%
$300,000
173%
2015
$2,610
12%
$110,000
10%
2014
$2,327
5%
$100,000
5%
2013
$2,214
—
$94,867
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1617 Embassy Dr
1617 Embassy Drive, West Palm Beach, FL 33401 (MLS# R11163572) is a Vacant Land property with a lot size of 0.87 acres. 1617 Embassy Drive is currently listed for $1,500,000 and was received on February 13, 2026. Want to learn more about 1617 Embassy Drive? Do you have questions about finding other Vacant Land real estate for sale in West Palm Beach? You can browse all West Palm Beach real estate or contact a Coldwell Banker agent to request more information.

