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Monica Cataluña, CCIM, ALC

monica@koresrealty.com +1(954) 812-1831

$11,500,000

Est. payment - /mo

5,446 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,446 sqft

Price per Sqft $2,111

MLS Listing ID B26064625

HOA Y/N No

Year Built 1943

Annual Tax Amount $73,066

Tax Year 2025

Property Sub-Type Multi Family

Property Description

Exceptional Intracoastal Development Opportunity in Palm Beach Gardens** Rare opportunity to acquire just under one acre directly on the Intracoastal Waterway with more than 90 feet of waterfront, five boat slips and Multifamily Medium Density zoning. The offering consists of two parcels, 2030 Melody Lane (.53 acres) and 11213 Ellison Wilson Road (.3965 acres), totaling approximately .93 acres. The property currently includes seven residences consisting of a main waterfront residence, two detached cottages and two duplexes, offering existing income potential while a buyer explores future plans for the property. The possibilities extend well beyond the existing improvements. Create a private Intracoastal estate or waterfront compound, reposition the existing residences, or explore the property's multifamily redevelopment potential. For developers seeking a larger footprint, the adjacent waterfront property is also currently offered for sale, creating the potential to assemble approximately 1.65 acres with roughly 190 feet of Intracoastal frontage. An additional approximately quarter acre from another nearby owner may also be available separately, creating the potential for an even larger assemblage. With direct Intracoastal frontage, existing dockage, multifamily zoning and the possibility of assembling additional neighboring land, this is a unique opportunity to create a significant waterfront project in Palm Beach Gardens. All measurements, zoning, density, development potential, uses, additional land availability and governmental approvals are subject to independent verification by the buyer.

Location

State FL

County Palm Beach

Area 5250

Zoning RM-Medium Dens

Direction Off of PGA BLVD. Just off of Ellison Wilson RD just north of the new Ritz Carleton Project

Interior

Heating Central

Cooling Central Air

Flooring Other

Exterior

Utilities Available Cable Available, Water Available

Roof Type Other

Total Parking Spaces 7

Private Pool Yes

Building

Story 1

Sewer Septic Tank

Water Public

Level or Stories One

Structure Type Other

Others

Senior Community No

Tax ID 00434205030000060

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/2030-MELODY-Lane-Palm-Beach-Gardens-FL/unbranded

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Miami Association of Realtors (SEFMIAMI MLS)

Listed by One Sotheby's International Re

"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

2030 MELODY LN Palm Beach Gardens, FL 33408

Monica Cataluña, CCIM, ALC

Key Details

Location

Interior

Exterior

Building

Others

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2030 MELODY LN