2105 Cove Lane, North Palm Beach, FL 33408

$9,900,000
6
BD
5
BA
4,935
SqFt
List Price
$9,900,000
MLS#
RX-10919728
Bedrooms
6
Bathrooms
5
Sq. Ft
4,935
Lot Size
17,879
Subtype
Single Family Detached
County
Palm Beach
Community
Juno Cove
Subdivision
Juno Cove
Year Built
1948

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. 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).

Additional Information

Dock
YES
Front Exposure
East
Governing Body
None
Hoa
Yes
Pets Allowed
Allowed
Status Label
ACTIVE
Boat Service
Electric Available, Lift, Private Dock, Up 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
Construction
CBS, Stucco
Cooling
Central
Equipment
Dryer, Washer
Flooring
Carpet, Ceramic Tile
Furnished
Unfurnished
Heating
Central
Lot Description
< 1/4 Acre, 1/2 to < 1 Acre, 1/4 to 1/2 Acre, West of US-1
Membership
No Membership Avail
Parking
2+ Spaces, Garage - Detached
Guest House
1 Bath, 1 Bedrooms, Garage
Roof
Concrete Tile
Rooms
Storage, Util-Garage
Bedroom Description
None
Security
None
Special Information
Potential Tear Down, Sold As-Is
Taxes
$20,650
Unit Description
Multi-Level
View
Intracoastal, Preserve
Total Floors
2
Private Pool
Yes
Waterfront
Canal Width 121+, Intracoastal, No Fixed Bridges, Ocean Access, Seawall
Stories
2
Roofing
Concrete Tile
Utility
Cable, Electric, Public Sewer, Public Water
Acres
0.41
Price Per Acre
87384844.8
Price Per Sqft
$2,006
Boat Services
Electric Available, Lift, Private Dock, Up 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

Mortgage Calculator

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Listing courtesy of Douglas Elliman (Jupiter). Contact: