Atlantic Luxury AdvisorsKeller Williams Realty Services

19 photos

2031 Melody Ln

Palm Beach Gardens, FL 33410

$6,499,000
2
2
1,491 sq ft
1946
Single Family Residence
Yes
324
Active

Listing courtesy of The Keyes Company (Tequesta). Contact: [email protected].

About this home

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.

Virtual tour
What it costs to own
Estimated monthly payment
$46,334/mo
Principal and interest
$32,862
Property tax
$9,414
Homeowners insurance
$4,058
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$112,963/yr

Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
Not stated in the listing; ask us
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.