North Palm Beach, FL 33408

Property

Ownership: For Sale
Type: Land
Lot Size: 0.4 Acres

Financials

Price:$4,950,000
Annual Taxes:$49,710
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Illustrated Properties LLC (Co

Positioned at the end of a quiet, mature oak tree lined, cul de sac street, West of Ellison Wilson Road and North of PGA Blvd.

Description

Positioned at the end of a quiet, mature oak tree-lined, cul-de-sac street, West of Ellison Wilson Road and North of PGA Blvd. in a community with no HOA fees, build your direct intracoastal dream home on this lot with a view of the preserve across the water. Other options include combining this lot with the parcel immediately adjacent to the South (2103 Cove Lane also for sale) and building an amazing home on over 204 feet of direct waterfrontage on the Intracoastal Waterway, located in the highly desirable ''No Wake Zone'' between PGA Blvd. and Donald Ross Road on the East side of the waterway. Another option includes purchasing both lots, building a spec on one, and saving the other property to duplicate the success of the first build. Both properties are already zoned for low-density residential multi-family. This presents a unique opportunity to pursue a one-of-a-kind mulit-family waterfront development and create an income-producing investment from the units and boat slips. The South vacant lot (2103 Cove Lane) is .35 acres and 105 feet of frontage on the water, and the North lot (2105 Cove Lane) is .41 acres with 99 feet of frontage on the water, a home and two apartments, plus a garage and shared pool. The combined properties boast three docks, two boat lifts (16,000 Lbs. and 12,000 Lbs.), and water and sewer to the site. The possibilities with these lots are truly limited only by your imagination.

Amenities

  • Cable - Available
  • Cul-De-Sac
  • Electricity Available
  • Home
  • Intracoastal
  • No Fixed Bridge
  • Ocean Access
  • Preserve
  • Seawall
  • Sewer Available
  • Water Available

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.