2105 Cove Lane, North Palm Beach, FL 33408

 -  $9,900,000

MLS® # RX-10919728

  • 6 Bedrooms
  • 5 Bathrooms
  • 4,935 SQ. Feet
  • 1948 Year Built

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.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).

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Property

Location

  • NeighborhoodJUNO COVE
  • Address2105 Cove Lane
  • CityNorth Palm Beach
  • StateFL

Size And Restrictions

  • Acres0.41
  • Lot Description< 1/4 Acre, 1/2 to < 1 Acre, West of US-1, 1/4 to 1/2 Acre
  • RestrictionsNone

Taxes

  • Tax Amount$20,650
  • Tax Year2022

Improvements

  • Property SubtypeSingle Family Detached
  • FenceYes
  • SprinklerNo

Features

  • ViewIntracoastal, Preserve

Utilities

  • UtilitiesCable, 3-Phase Electric, Public Sewer, Public Water

Market

Interior

Bedrooms And Bathrooms

  • Bedrooms6
  • Bathrooms5.00
  • Master Bedroom On MainNo
  • Master Bedroom DescriptionNone
  • Master Bedroom Dimensions10 x 10

Other Rooms

  • Kitchen Dimensions10 x 10
  • Living Room Dimensions10 x 10

Heating And Cooling

  • HeatingCentral
  • Air ConditioningCentral

Interior Features

  • AppliancesDryer, Washer
  • FeaturesEntry Lvl Lvng Area

Building

Building Information

  • Year Built1948
  • # Of Stories2
  • ConstructionCBS, Frame/Stucco
  • RoofConcrete Tile

Energy Efficiency

  • Building FacesEast

Property Features

  • Exterior FeaturesExtra Building, Fence, Room for Pool

Garage And Parking

  • Garage2+ Spaces, Garage - Detached

Community

Home Owners Association

  • HOA Membership (Monthly)None

Amenities

  • Area AmenitiesNone

Schools

  • ElementaryThe Conservatory School at North Palm Beach
  • MiddleHowell L. Watkins Middle School
  • HighWilliam T. Dwyer High School

Info

  • OfficeDouglas Elliman (Jupiter)

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Listing information last updated on April 29th, 2024 at 5:15am EDT.