Sold Jul 1, 2026
$7,000,000About this home
A rare redevelopment opportunity in Palm Beach Gardens. 2031 and 2021 Melody Lane are being offered together as two parcels totaling approximately .73 acres, creating a substantial waterfront site with exceptional development potential. The combined property offers 100 feet of deep-water frontage with no fixed bridges and direct ocean access, along with highly desirable west-facing exposure overlooking the Intracoastal. Existing improvements include a main residence and two guest cottages, providing potential use or income while future plans are evaluated. With medium-density zoning and no HOA, this assemblage presents developers, builders, and investors with a unique opportunity to reposition a sizable waterfront property in one of Northern Palm Beach County's most desirable boating communities. Large waterfront parcels with direct ocean access are increasingly difficult to assemble. Two parcels, approximately .73 acres, 100 feet of deep-water frontage, and significant redevelopment potential make this a compelling opportunity for the right buyer.
Listing last checked: Listing updated:
Listed by Pride Grinn · The Keyes Company (Tequesta) · MLS #R11135633
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Details at a glance
Building1 property facts
- Style
- Unimproved Land
Land & utilities4 property facts
- Lot size
- 0.72 acres
- Water
- Public
- Waterfront
- Y
- Zoning
- RM-52
Financial2 property facts
- Annual taxes
- $50,783
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $6,499,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$37,094 / monthAdjust
- Principal & interest
- $32,862
- Property tax
- $4,232
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $50,783. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Ter
$6,499,000 · Oct 27, 2025
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About 2031 Melody Lane
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