Exceptional direct intracoastal property in prestigious North Palm Beach. This incredible property sits on nearly one-acre of intracoastal-front land with 90' feet of deep-water frontage and is made up of two parcels: 2030 Melody Lane (.53 acres) and 11213 Ellison Wilson Rd (.40 acres). There is one main house on the direct intracoastal and several guest cottages and duplexes occupying the entirety of the lot with endless rental income potential. This rare and oversized waterfront parcel presents a unique opportunity to build one massive custom estate or develop into an up to 10-unit multifamily compound, just south of the brand new Ritz Carton Residences. The entire property includes 7 rental units and 5 boat slips. Call today for more information or a private showing.