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245 COLONIAL Lane, Palm Beach FL 33480

Lots/Land For Sale
$6,400,000

BTC: 98.88751545

ETH: 3,363.74721440

6 days
0 room(s)

Overview

Incredible opportunity on a quiet North End 7400+ sf lot with beach access and nearby lake trail access. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. Copyright 2023 Listing Company. All Rights Reserved.

Location

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$310,000
$87K – $12.2M
Confidence Low
List vs. estimate
$6.1M above estimate
List $6,400,000 · +1964.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
26 MLS comparables
+ 10 public-records sales within 0.5 mi
Median actual sale: $13.9M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$15,377
2025
All facts and features
  • Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 50434303110000301

    • Zoning: R-B (city)

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Agriculture

  • Utility

    • Cable Connected

    • Electricity Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $15,377

  • Source details

    • MLS ID: B26062257

    Other facts

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre

    • Water Source: Public

    • Lot Size Dimensions: 80x94

    • Subdivision Name: EL ENCANTO 2

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
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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: Douglas Elliman