$9,900,000
2103 Cove Lane
North Palm Beach, FL 33408
MLS# RX-10919727
6 beds  |  5 baths  |  4935 sqft

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2103 Cove Lane, North Palm Beach, FL 33408
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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/SqFt: 2006.08
Comm/Non-Rep: 0.0%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Single Family Detached
Governing Bodies: None
Main Level Bedrooms: 2
Total Bedrooms: 6
Main Level Bathrooms: 2
Baths - Full: 5
Baths - Total: 5
Property Condition: Resale
Year Built: 1948
SqFt - Total: 5716
SqFt - Living: 4935
SqFt Source: Tax Rolls
Guest House: Yes
SqFt - Guest House: 625
Gated Community: No
Garage Spaces: 1
Covered Spaces: 1
Homeowners Assoc: None
Association Deposit: No
Membership Fee Required: No
Capital Contribution: No
Directions: PGA head north to Ellison Wilson Road then make a left on Cove Lane.
Subdivision: COVE LANE
Development Name: COVE LANE
Legal Desc: 5-42-43, SLY 104.91 FT OF NLY 1110.60 FT OF WLY 175.04 FT OF TH PT OF NE 1/4 OF NE 1/4 LYG E OF & ADJ THERETO E R/W LI O
Lot SqFt: 15194
Waterfront: Yes
Waterfrontage: 204'
Dock: Yes
Front Exp: East
Private Pool: Yes
Spa: No
Pets Allowed: Yes
Pets on Premises: No
Total Floors/Stories: 2
Location, Tax & Legal
Area: 5220
Geo Area: PB28
Country: United States
County: Palm Beach
Parcel ID: 00434205000001190
Street #: 2103
Street Name: Cove
Street Suffix: Lane
State/Province: FL
Zip Code: 33408
Zoning: RM
Tax Year: 2022
Taxes: 41884.1
Special Assessment: No
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
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: 26.849789
Geo Lon: -80.065967
Office/Member Info
DXORIGMLNO: RX-10919727
DXORIGMLSID: RML
Property Features
Design: Multi-Level
Unit Desc: Multi-Level
Construction: CBS; Stucco
View: Intracoastal; Preserve
Waterfront Details: Intracoastal; No Fixed Bridges; Seawall; Canal Width 121+
Private Pool Description: Inground
Lot Description: West of US-1; < 1/4 Acre; 1/2 to < 1 Acre; Cul-De-Sac; Paved Road; Private Road
Exterior Features: Extra Building; Fence; Room for Pool
Interior Features: Entry Lvl Lvng Area
Porch/Patio/Balcony: Patio
Master Bedroom/Bath: None
Furnished: Unfurnished
Rooms: Storage; Util-Garage
Parking: 2+ Spaces; Garage - Detached
Subdiv. Amenities: None
Restrict: None
Security: None
Membership: No Membership Avail
Flooring: Carpet; Ceramic Tile
Heating: Central
Cooling: Central
Equip/Appl Included: Dryer; Washer
Roof: Concrete Tile
Guest House: 1 Bath; 1 Bedrooms; Garage
Boat Services: Private Dock; 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
Terms Considered: Cash
Utilities: Electric; Public Sewer; Public Water
Storm Protection: None
Taxes: County Only
Possession: At Closing; Funding
Showing Instructions: Text Listing Agent
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).
Room Information
Room Name Length Width Length Level Width Remarks
Living Room10.0010.0010.00Main10.00Measurements TBD
Kitchen10.0010.0010.00Main10.00Measurements TBD
Master Bedroom10.0010.0010.00Main10.00Measurements TBD

Listing Office: Douglas Elliman (Jupiter)

Last Updated: July - 19 - 2024

2103 Cove Lane, North Palm Beach, FL 33408 - MLS# RX-10919727

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Monday 22nd of July 2024 02:34 AM