2103 Cove Lane, North Palm Beach, FL

$4,950,000

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0.35

Acres

About 2103 Cove Lane

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 vacant lot with a view of the preserve across the water. Other options include combining this lot with the parcel immediately adjacent to the North (2105 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 zonedfor 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.

Features of 2103 Cove Lane

MLS® # RX-11133034
Price $4,950,000
Acres 0.35
Type Land / Boat Docks
Sub-Type Single Family Detached
Style No
Status New

Community Information

Address 2103 Cove Lane
Area 5220
Subdivision COVE LANE
City North Palm Beach
County Palm Beach
State FL
Zip Code 33408
HOPA No

Amenities

Utilities Cable, Electric, Public Water, Municipal Sewer
View Intracoastal
Is Waterfront Yes
Waterfront Intracoastal Front, No Fixed Bridges, Ocean Access
Boat Services Private Dock, Dock Available, 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, Lift, Electric Available

Exterior

Lot Description 1/4 to 1/2 Acre, Cul-De-Sac, Paved Road, West of US-1

School Information

Elementary The Conservatory School at North Palm Beach
Middle Howell L. Watkins Middle School
High William T. Dwyer High School

Additional Information

Zoning RM
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeIllustrated Properties LLC (Co

Listing Map

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