$9,900,000
North Palm Beach, FL 33408
MLS# RX-10919738
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Property Description
A private sanctuary is being offered at this double-lot investment opportunity comprising 2103 + 2105 Cove Lane, directly on the Intracoastal Waterway with over 204 feet of waterfrontage. This prestigious and highly coveted location in North Palm Beach is just shy of an acre and is zoned for multi-family, allowing a wealth of possibilities for either a luxury estate or an income-producing multi-family complex. This amount of land and waterfront, the unique zoning opportunities and the prime location positions investors for a variety of high-return building options.
Details
Maps
Contract Information
Listing Date: 2023-09-15
Status: Active
Original List Price: 9900000
Auction: No
List Price: $9,900,000
Current Price: $9,900,000
List Price/Acre: 13026315.79
Comm/Non-Rep: 0%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Single Family Detached
Lot SqFt: 17879
Acres: 0.76
Waterfront: Yes
Waterfrontage: 204'
Min Lv SqFt Rstrct: 5716
Subdivision: JUNO COVE
Development Name: JUNO COVE
Front Exp: East
Homeowners Assoc: None
Directions: Broker information deemed reliable, but not guaranteed. Info is subject to errors, omissions and changes without notice. All measurements are approximate.
Location, Tax & Legal
Area: 5220
Geo Area: PB28
Country: United States
County: Palm Beach
Parcel ID: 00434205110010030
Street #: 2105
Street Name: Cove
Street Suffix: Lane
State/Province: FL
Zip Code: 33408
Legal Desc: JUNO COVE LT C BLK 1
AKA: N/A
Zoning: RM
# Parcels: 2
Parcel ID 2: 00-43-42-05-11-001-0030
Tax Year: 2022
Taxes: 20650
Special Assessment: No
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
Multiple Ofrs Acptd: No
REO: No
Elementary School: The Conservatory School at North Palm Beach
Middle School: Howell L. Watkins Middle School
High School: William T. Dwyer High School
Geo Lat: 26.850061
Geo Lon: -80.065941
Office/Member Info
DXORIGMLNO: RX-10919738
DXORIGMLSID: RML
Property Features
Land Use: Boat Dock; Multi-Family Med Den; Single Family
Location: County
Lot Description: < 1/4 Acre; 1/4 to 1/2 Acre; 1/2 to < 1 Acre; Cul-De-Sac; Private Road; West of US-1
Develop Status: Recorded Plat
Improvements: Cleared; Filled; Home
Utilities Avail: Cable; Electric; Other Sewer; Public Water
Utilities On Site: Cable; Electric; Public Water; Sewer
Waterfront Details: Intracoastal; No Fixed Bridges; Ocean Access; Seawall; Canal Width 121+
View: Intracoastal; Preserve
Ground Cover: Grassed
Roads: Paved; Public
Miscellaneous: Traffic Light
Avail Docs: Aerial; Building Plan; Soil Boring Test; Survey
Boat Services: Boat Lock; Dock Available; Electric Available; Lift; Private Dock; 0 to 20 Ft Boat; UP to 30 Ft Boat; UP to 40 Ft Boat; UP to 50 Ft Boat; Up to 60 Ft Boat; UP to 70 Ft Boat; Up to 80 Ft Boat
Trees: Other
Subdiv Info: None
Elev at Sea Leval: 10 to < 15 Ft
Terms Considered: Cash
Showing Instructions: Text Listing Agent
Possession: At Closing; Funding
Supplements
Located just off Ellison Wilson Road, this tranquil location allows for exceptional privacy on a low density cul-de-sac with lush greenery. The demand in this area for quality new construction is high and continuing to grow. This ample amount of serene space would accommodate many waterfront residences and has no HOA, affording the ideal circumstances for a perfectly designed oasis to your unique specifications.
Nestled in the luxurious and upscale North Palm Beach, this homesite is a stone's throw to Florida's most pristine beaches and boating amenities. Bisecting PGA Boulevard with world-class golf courses, shopping and fine-dining, this location is flush with amenities and conveniences at every turn.
Other property specifications to note: 1 homesite has been cleared. The second homesite has an existing structure with 3 units (main house + 2 apartments), a garage and a shared waterfront pool. These can be used for immediate occupation or as income producing property while other plans are being made. 3 docks and 2 existing boat lifts - (16,000LBS & 12,000LBS) or dock can be reconfigured to host a large yacht. No wake zone, no HOA, no membership required and water and sewer already on the property. This listing includes two parcels- 2105 Cove Lane (.4104 acres) and 2103 Cove Lane (.3488 acres).
Listing Office: Douglas Elliman (Jupiter)
Last Updated: March - 25 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
