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11213 ELLISON WILSON Road, Palm Beach Gardens FL 33408

Commercial For Sale
$11,500,000

BTC: 177.68850433

ETH: 6,044.23327587

New
Waterfront
0 room(s)

Overview

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 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.

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.93 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$292,500
$117K – $2.3M
Confidence Low
List vs. estimate
$11.2M above estimate
List $11,500,000 · +3831.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
20 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $650K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$73,066
2025
View
Intracoastal View, Water
Waterfront
Intracoastal Front
All facts and features
  • Lot

    • Lot: 0.93 Acres

    Other Property Information

    • Parcel Number: 00434205030000030

    • Zoning: RM-Medium Dens

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Agriculture

  • Utility

    • Cable Connected

    • Septic

    • Cable Available

    • Water Available

  • Other financial information

    • Annual tax amount: $73,066

  • Source details

    • MLS ID: B26064913

    Other facts

    • Lot Features: Beach Area / 1/2 To Less Than 3/4 Acre Lot / Less Than 1 Acre / Beach Access / Septic

    • Waterfront: Yes

    • Water Source: Public

    • Subdivision Name: FOWLERS SUB

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: One Sotheby's International Re