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Intracoastal Multifamily Property

2030 MELODY Lane, Palm Beach Gardens, FL 33408

For Sale
$11,500,000

Seven existing residences include a waterfront home, detached cottages, and duplexes.

Property Size5,446 SF
Lot Size0.93 Acres
Price / SF$2,111
Days on Market89

Property Features for 2030 MELODY Lane

General Information

Standard status Active
Size 5,446 SF
Lot size 0.93 Acres
Property subtype Multi Family
Zoning Multifamily Medium Density

Additional Details

Road Access Yes
Land Use residential
Multifamily Units 7

Taxes and HOA fees

Annual Taxes $73,066

Amenities

boat slips
dockage

Building Details

Building Size 5,446 SF
Year Built 1943
Buildings 5
Listing Agency: One Sotheby's International Realty
Listed By: Carla Ann Christenson · License FL #649578
Source: Brosdaandbentley
Added: Aug 14 Changed: Nov 7 Last Checked: Nov 9 at 12:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One Sotheby's International Realty

Rey
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Investment Insights

Based on property information with market context.

This Palm Beach Gardens property spans two parcels totaling approximately 0.93 acres along the Intracoastal Waterway. Improvements comprise seven residences: a main waterfront home, two detached cottages, and two duplexes. Five boat slips and more than 90 feet of waterfront are also part of the property.

The site carries Multifamily Medium Density zoning. The existing residential mix and waterfront setting are defining features of the offering.

Key Highlights

  • Two parcels totaling approximately 0.93 acres
  • More than 90 feet of Intracoastal Waterway frontage
  • Five boat slips

Property Analytics

Suggested Use

Top Pick Auto Repair Shop Bakery (Bike/Boat/Book/etc) Store Pharmacy Dental Office Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

540
Businesses Nearby

Demographics for 33408, FL

18,965
Population
13,490
Households
1.4
Avg Household Size
58
Median Age
52%
College-Educated
96%
High-School Grad
6.8 sq mi
ZIP Area
2,789
Density / Sq Mi
$91,390
Median Household Income
$65,606
Median Earnings
$1,885
Median Rent
$502,900
Median Home Value

Market

Average Price Trend$/SF for Multifamily properties in Palm Beach County, FL

$502 Jul
$467 Aug
$467 Sep
$457 Oct

Properties on Market for Multifamily properties in Palm Beach County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Seven existing residences include a waterfront home, detached cottages, and duplexes.
Where is this multifamily property located?
The property is located at 2030 MELODY Lane Palm Beach Gardens, FL.
What is the asking price?
The asking price for this property is $11,500,000.
What are key features of this property?
This property features: Two parcels totaling approximately 0.93 acres; More than 90 feet of Intracoastal Waterway frontage; Five boat slips
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