Exceptional direct intracoastal property in prestigious North Palm Beach. This incredible property sits on nearly one-acre of intracoastal-front land with 90' feet of deep-water frontage and is made up of two parcels: 2030 Melody Lane (.53 acres) and 11213 Ellison Wilson Rd (.40 acres). There is one main house on the direct intracoastal and several guest cottages and duplexes occupying the entirety of the lot with endless rental income potential. This rare and oversized waterfront parcel presents a unique opportunity to build one massive custom estate or develop into a multifamily compound, just south of the brand new Ritz Carton Residences. The entire property includes 7 rental units and 5 boat slips. Call today for more information or a private showing.
2030 Melody Lane, North Palm Beach, FL, 33408
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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