$11,500,000
Palm Beach Gardens, FL
MLS# B26064625
5446 sqft
1 / 13
Property Description
Exceptional Intracoastal Development Opportunity in Palm Beach Gardens** Rare opportunity to acquire just under one acre directly on the Intracoastal Waterway with more than 90 feet of waterfront, five boat slips and Multifamily Medium Density zoning. The offering consists of two parcels, 2030 Melody Lane (.53 acres) and 11213 Ellison Wilson Road (.3965 acres), totaling approximately .93 acres. The property currently includes seven residences consisting of a main waterfront residence, two detached cottages and two duplexes, offering existing income potential while a buyer explores future plans for the property. The possibilities extend well beyond the existing improvements. Create a private Intracoastal estate or waterfront compound, reposition the existing residences, or explore the
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Listing Date: 2026-08-14
Status: Active
Original List Price: 11500000
List Price: $11,500,000
Current Price: $11,500,000
Negotiable Seller Concessions YN: No
Listing Service: Full Service
Location and Legal
Country: United States
County Or Parish: Palm Beach
Street Number: 2030
Street Name: MELODY
Street Suffix: Lane
Municipality Type: Incorporated
Municipal Code: 00
State Or Province: FL
Postal Code: 33408
Postal Code +4: 3125
Area: 5250
Geographic Area: PB28
Parcel Number: 00434205030000060
Subdivision Number: 3
Zoning: RM-Medium Dens
Flood Zone: AE
Directions: Off of PGA BLVD. Just off of Ellison Wilson RD just north of the new Ritz Carleton Project
Property Description: MULTI-FAMILY LESS THAN 10
General Property Information
Property Sub Type: Multi Family
Building Area Main: 5446
Building Area Source: Assessor
Adjusted Area Main: 5116
Year Built: 1943
Parking Total: 7
Accessibility Features YN: No
Stories Total: 1
Leasable Area: 5446
Meter Information
Separate Electric Meters YN: No
Separate Gas Meters YN: No
Separate Water Meters YN: No
Distance To Information
Miles to Beach: 3
Miles to Expressway: 3
Financial Information
Tax Annual Amount: 73066
Tax Year: 2025
Tax Legal Description: FOWLERS SUB LOT 6
Status Change Information
Major Change Timestamp: 2026-08-15T16:14:27Z
Major Change Type: New Listing
Status Change Date: 2026-08-15
Originating Details
Originating System Key: 20260815154006781953000000
Originating System ID: M00000170
Property Features
Business Type: Residential
Ceiling: Other
Documents Available: Aerial Photo(s); Other
Electric: Other
Flooring: Other
Heating: Central
Location of Property: City Location
Parking Features: Accessible Parking
Possession: Close Of Escrow
Property Condition: Resale
Sale Includes: Building
Special Licenses: None
Special Listing Conditions: Standard
Source Of Expenses: Other
Construction Materials: Other
Cooling: Central Air
Listing Terms: Cash
Roof: Other
Security Features: None
Sewer: Septic Tank
Special Information: Property Survey Available; Sold As-Is
Utilities: Cable Available; Electricity Not Available; Water Available
Water Source: Public
Showing Requirements: Call Listing Agent
Supplements
property's multifamily redevelopment potential. For developers seeking a larger footprint, the adjacent waterfront property is also currently offered for sale, creating the potential to assemble approximately 1.65 acres with roughly 190 feet of Intracoastal frontage. An additional approximately quarter acre from another nearby owner may also be available separately, creating the potential for an even larger assemblage. With direct Intracoastal frontage, existing dockage, multifamily zoning and the possibility of assembling additional neighboring land, this is a unique opportunity to create a significant waterfront project in Palm Beach Gardens. All measurements, zoning, density, development potential, uses, additional land availability and governmental approvals are subject to independent verification by the buyer.
Survey 
Listing Office: One Sotheby's International Realty
Last Updated: October - 19 - 2026
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