2103 Cove Lane

North Palm Beach, FL 33408

$9,900,000
Price
15,194 / 0.35
Lot Size / Acres

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...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.
  1. Listed by Ann P Cusa • Douglas Elliman (Jupiter)

Property Details for 2103 Cove Lane

Subdivision
COVE LANE
Waterfront
Yes
Waterfront Details
Canal Width 121 Feet Or More, Ocean Access, No Fixed Bridges, Intracoastal Front
View
Intracoastal

Location

Listing Courtesy of Douglas Elliman (Jupiter)
Add your commute
LISTING UPDATED: 03/25/2024 11:17 AM

Property Details for 2103 Cove Lane

StatusActive
MLS #RX-10919734
Days on Market234
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeResidential Land/Boat Docks / Single Family Detached
Year Built-
Lot Size0.35 AC
CountyPalm Beach County

Location

Listing Courtesy of Douglas Elliman (Jupiter)
Add your commute

Building Information for 2103 Cove Lane

Building Size-Lot Size0.35 AC

Payment Calculator

$57,770 per month

30 year fixed, 7.25% Interest

Principal and Interest

$54,028

Property Taxes

$3,742

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2103 Cove Lane

Summary
Location and General Information
  • Boat Services: Private Dock, Boat Lock, Full Service, Electric Available, Lift, Up to 80 Ft Boat, UP to 70 Ft Boat, Up to 60 Ft Boat, UP to 50 Ft Boat, UP to 40 Ft Boat, UP to 30 Ft Boat, Dock Available
  • Development Name: COVE LANE
  • Directions: PGA head north to Ellison Wilson Road then make a left on Cove Lane.
  • Elementary School: The Conservatory School at North Palm Beach
  • Middle School: Howell L. Watkins Middle School
  • High School: William T. Dwyer High School
  • Elev at Sea Leval: 10 to < 15 Ft
  • Geo Area: Palm Bch 5200; 5210; 5220; 5230; 5240; 5250
  • Street Number: 2103
  • Subdivision Complex Bldg: COVE LANE
  • Municipal Code: North Palm Beach
  • Boat Access: Private Dock, Boat Lock, Full Service, Electric Available, Lift, Up to 80 Ft Boat, UP to 70 Ft Boat, Up to 60 Ft Boat, UP to 50 Ft Boat, UP to 40 Ft Boat, UP to 30 Ft Boat, Dock Available
  • State: FL
  • City Postal ID: 33408
  • MLS Area: 5220
  • MLS Sub Area: PB28
Taxes and HOA Information
  • Comm/Trans Brk: 2.5%
  • Tax Year: 2022
  • Application Fee: $.00
Property
Lot Information
  • AKA: N/A
  • Area: 5220
  • Develop Status: Recorded Plat
  • Front Exp: East
  • HOA Amenities: None
  • Improvements: Home, Cleared, Filled
  • Land Use: Boat Dock, Single Family, Multi-Family Med Den
  • Lot Description: < 1/4 Acre, West of US-1, Paved Road, Cul-De-Sac, 1/2 to < 1 Acre
  • # Parcels: 2
  • Parcel ID: 00434205000001190
  • Parcel ID 2: 00-43-42-05-11-001-0030
  • Property Group ID: 19990816212131825981000000
  • REO: No
  • Roads: Public, Paved
  • Soil Type: Sand
  • Special Assessment: No
  • Trees: Other
  • Usage: Unimproved Multi-Fam, Unimproved Sing Fami
  • Zoning: RM
  • Front Exposure: East
Property and Assessments
  • Acres: 0.76
  • 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
  • Legal Description: 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
Utilities
  • Utilities Avail: Electric, Cable, Other Sewer, Public Water
  • Utilities On Site: Electric, Sewer, Public Water, Electric Service Available, Cable
Interior and Exterior Features
Exterior Features
  • Ground Cover: Grassed
  • Subdiv Info: None
  • Waterfrontage: 204
Interior Features
  • Guest Accommodations: No
Rental
Rental Information
  • Other Fees: $0

Property History for 2103 Cove Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2103 Cove Lane

Taxable ValueLand$2,725,250Additions$9,706Total$2,734,956
Tax Record2023$44,907 ($3,742 / month)
Home Facts
Beds3Baths2Total Finished SqFt2,061 SqFtAbove Grade Finished SqFt2,061 SqFtStories1Lot Size10,019 SqFtStyleResidentialYear Built1948ZoningRMCountyPALM BEACHAPN00-43-42-05-00-000-1190

Schools near 2103 Cove Lane

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 9
Public - PK to 12
Charter - K to 8
Public - K to 12
Rating
School
Distance
The Conservatory School
PublicPK to 9

William T. Dwyer High School
PublicPK to 12

Bright Futures Academy
CharterK to 8

Palm Beach Virtual Instruction Program
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2103 Cove Lane is a 0.35 ac of land for sale in North Palm Beach, FL 33408. This property was listed for sale on September 15, 2023 by Douglas Elliman (Jupiter), it's currently listed at $9,900,000. It has been on the market for a total of 234 days and was last sold on October 20, 2021. This listing's school district is Palm Beach. Nearby schools include The Conservatory School, William T. Dwyer High School and Bright Futures Academy. 2103 Cove Lane is a 0-bed, 0-bath, 0.35 ac of land on a 15,194 sq. ft. / 0.35 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Douglas Elliman (Jupiter)

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.