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2031 Melody Lane, Palm Beach Gardens FL 33408

Lots/Land For Sale
$6,499,000

BTC: 80.93399751

ETH: 2,599.60000000

+$724K (2026/08/03)
325 days
Waterfront
0 room(s)

Overview

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.

Location

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
0.72 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$722,220
$156K – $5.9M
Confidence Low
List vs. estimate
$5.8M above estimate
List $6,499,000 · +799.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
44 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $580K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$50,783
2024
View
Intracoastal View
Waterfront
Intracoastal Front, Navigable Water
All facts and features
  • Lot

    • Lot: 0.72 Acres

    Other Property Information

    • Parcel Number: 52434205030000070

    • Zoning: RM-52

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Agriculture

  • Utility

    • Cable Connected

    • Electricity Connected

    • Cable Available

    • Electricity Available

  • Other financial information

    • Annual tax amount: $50,783

  • Source details

    • MLS ID: R11135633

    Other facts

    • Lot Features: City Location / 1/2 To Less Than 3/4 Acre Lot / Less Than 1 Acre

    • Direction Faces: South

    • Waterfront: Yes

    • Water Source: Public

    • Subdivision Name: FOWLER S SUB LT

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: The Keyes Company (Tequesta)