$1,500,000
1617 Embassy Drive
West Palm Beach, FL 33401
PRESIDENT COUNTRY CLUB 1
Explore the area: West Palm Beach homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $1,500,000
- Price per sq ft
- N/A
- Original price
- $1,750,000
- Days on market
- 222
This lot in ZIP 33401 is listed at $1,500,000. The asking price has come down 14.3% from its original $1,750,000. It has been on the market for 222 days.
Estimated monthly payment
$7,883 /mo
Principal and interest only, based on $300,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,500,000
- Days on Site
- 222 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.87 Acres
- Property Type
- Land
- MLS #
- R11163572
- Property Tax
- $7,565 (2025)
- Subdivision
- PRESIDENT COUNTRY CLUB 1
- County
- Palm Beach
- Status
- Active
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.
Virtual TourGeneral Features
- Property Type
- Land
- Status
- Active
- Direction Faces
- South
- Lot Size (Acres)
- 0.87
- Zoning
- MF32(c
Exterior Features
- Lot Features
- City Lot / On Golf Course / Subdivision
Community & HOA
- Utilities
- None
- Financing Terms
- Cash
- MLS Area
- 5410
About the Area
West Palm Beach homes for sale range from $200K downtown condos to $8,000,000 Intracoastal estates, more ground than most buyers expect. Clematis Street condos start in the low $200Ks. Northwood Village bungalows trade in the $400K to $600K range. El Cid and Flamingo Park have 1920s to 1940s Mediterranean Revival homes at $500K to $1,200,000. Newer 3-bedroom homes along Forest Hill and Southern Boulevards stay under $450K. South End waterfront estates run $3,000,000 to $8,000,000. The city covers 55 square miles as Palm Beach County's seat. Palm Beach International Airport is 3 miles out. Fort Lauderdale is under 40 minutes via I-95.
- Homes for Sale
- 2,328
- Median List Price
- $319,000
- Median $/Sq Ft
- $245
- Avg Days on Market
- 118
Frequently Asked Questions
- How do I schedule a tour of 1617 Embassy Drive, West Palm Beach, FL 33401?
- Use the Tour button on this listing to request a showing of 1617 Embassy Drive, West Palm Beach, FL 33401. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1617 Embassy Drive, West Palm Beach, FL 33401 still available?
- 1617 Embassy Drive, West Palm Beach, FL 33401 is currently listed as Active, and has been on the market 222 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1617 Embassy Drive, West Palm Beach, FL 33401?
- With 20% down ($300,000) on the $1,500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1617 Embassy Drive, West Palm Beach, FL 33401 is about $7,883/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1617 Embassy Drive, West Palm Beach, FL 33401?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1617 Embassy Drive, West Palm Beach, FL 33401. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 1617 Embassy Drive, West Palm Beach, FL 33401?
- Often, yes. The right offer on 1617 Embassy Drive, West Palm Beach, FL 33401 depends on how it's priced against comparable land sales in West Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Douglas Elliman
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,500,000
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Listed by Lauren Nicole Mathews, Douglas Elliman
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Recent Sales
Recently sold homes in ZIP 33401
These are the last 6 recorded closings in ZIP 33401, with the price each home actually sold for rather than what it was listed at. They closed at a median of $606 per square foot. The most recent closed on October 2, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,500,000
Sold · October 2, 2026
255 Evernia Street 1004
3 bed · 2 bath · 1,533 sqft · $978/sqft
$95,000 under the asking price
Sold$105,000
Sold · October 1, 2026
2000 N Congress Avenue 206
1 bed · 1.5 bath · 720 sqft · $146/sqft
$20,000 under the asking price
Sold$985,000
Sold · October 1, 2026
1551 N Flagler Drive Lph 11
2 bed · 2 bath · 1,625 sqft · $606/sqft
$10,000 under the asking price
Sold$1,900,000
Sold · September 30, 2026
2801 Embassy Drive
4 bed · 3.5 bath · 4,661 sqft · $408/sqft
$390,000 under the asking price
Sold$325,000
Sold · September 30, 2026
616 Clearwater Park Road 1106
2 bed · 2 bath · 1,080 sqft · $301/sqft
$15,000 under the asking price
Sold$1,400,000
Sold · September 30, 2026
747 Avon Road
3 bed · 2 bath · 1,463 sqft · $957/sqft
$100,000 under the asking price
See every recorded sale in ZIP 33401 or find out what your ZIP 33401 home is worth.
