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$6,400,000

245 COLONIAL Lane, Palm Beach, FL 33480

LAND - Palm Beach, FL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market4

Property Features for 245 COLONIAL Lane

General Information

Property type Land
Property subtype Other
Zoning R-B (city)
Subdivision EL ENCANTO 2
Elementary school Palm Beach Public
High school Palm Beach Lakes
Standard status Active
APN 50434303110000301
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description EL ENCANTO PLAT 2 W 40 FT OF LT 30 & E 40 FT OF LT 31 & 10 FT STRIP ADJ ON SOUTH
Tax Annual Amount 15377
Legal Description EL ENCANTO PLAT 2 W 40 FT OF LT 30 & E 40 FT OF LT 31 & 10 FT STRIP ADJ ON SOUTH

Utilities

Utilities Cable Available
Sewer type Public Sewer
Water source Public
Listing Agency: Douglas Elliman
Listed By: Cara Coniglio McClure PA · License #3177951
Added: Aug 10 Changed: Aug 12 Last Checked: Aug 13 at 1:06AM
MLS# B26062257

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Spa & Massage Center Building Supply Big Box & Wholesale Store Restaurant Auto Repair Shop Garden 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.

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby

Demographics for 33480, FL

10,716
Population
12,438
Households
0.9
Avg Household Size
68
Median Age
65%
College-Educated
98%
High-School Grad
3.9 sq mi
ZIP Area
2,748
Density / Sq Mi
$151,121
Median Household Income
$81,850
Median Earnings
$1,840
Median Rent
$1,218,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

Where is this land located?
The property is located at 245 COLONIAL Lane Palm Beach, FL.
What is the asking price?
The asking price for this property is $6,400,000.
More about this property
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