$6,000,000
Delray Beach, FL 33483
MLS# B26062029
1 / 53
Property Description
RARE DIRECT INTRACOASTAL REDEVELOPMENT OPPORTUNITY! Approx. .8-acre point/corner waterfront property with approx. 395' of waterfront—145' directly on the Intracoastal and 250' on a wide navigable side canal. Exceptional opportunity for a luxury waterfront estate or potential residential redevelopment. Currently owner occupied, providing the opportunity for continued occupancy while planning future redevelopment. Zoned RM-Multifamily Residential. City water serves the property. Municipal sewer is available at the property and sewer impact fees have been paid. Existing residence offered primarily for land/redevelopment value. All development potential and permitted uses subject to governmental approval and buyer verification.
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Owner Phone: 561-306-7455
Negotiable Seller Concessions YN: No
Seller Represented YN: Yes
LP/Acre: 7228915.66
LP/Frontage: 41379.31
Listing Date: 2026-08-08
Status: Active
Original List Price: 6000000
List Price: $6,000,000
Current Price: $6,000,000
Listing Service: Full Service
Location and Legal
County Or Parish: Palm Beach
Municipality Type: Unincorporated
Municipal Code: 00
Geographic Area: PB12
Subdivision Number: 1
Flood Zone: AE
County Land Use: 01
Country: United States
Street Number: 823
Street Name: Palmer
Street Suffix: Road
State Or Province: FL
Postal Code: 33483
Postal Code +4: 6315
Subdivision Name: lengthy legal
Area: 4210
Elementary School: Plumosa School of the Arts K-8
High School: Atlantic
Parcel Number: 00434604000010400
Zoning: RM
Directions: Federal to Bamboo Lane, E to Palmer, right and follow around to the left and dead end into the intracoastal.
General Property Information
Transaction Type: Listing For Sale
Lot Size Dimensions: 145 x 250
Lot Depth: 250
Property Description: SINGLE FAMILY RESIDENTIAL
Water Frontage Feet: 395
Frontage Length: Exceptional corner waterfront parcel with approx. 395' of total water frontage, including 145'± directly on the Intracoastal Waterway and 250'± along the adjoining canal.
Lot Frontage: 145
LP/Assessed Value: 9.91
LP/SqFt: 165.95
Property Sub Type: Unimproved Land
Lot Size Acres: 0.83
Lot Size Square Feet: 36154.8
Waterfront YN: 1
Direction Faces: Northeast
Financial Information
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Membership Fee Required YN: No
Tax Assessed/SOH Value: 605421
Assessor Market Value: 3128065
Tax Year: 2025
Tax Annual Amount: 9341.99
Tax Legal Description: 4-46-43~ E 250 FT OF SLY 144.58 FT OF NLY 622.40 FT AS MEASURED ALG W LI OF FIND CNL IN GOV LOT 1 LYG E OF SR 5
Office/Member Information
DXORIGMLSID: RML
Electric
Generator: 1
Special Listing Conditions
Standard: 1
Documents Available
Aerial: 1
Engineering Study: 1
Plans: 1
Current Use
Residential: 1
Development Status
See Remarks: 1
Environmental Audit
None: 1
Irrigation Source
Municipal Water: 1
Possession
Close Of Escrow: 1
Possible Use
Multi-Family: 1
Single Family: 1
Sewer
Septic Tank: 1
Utilities
Electricity Connected: 1
Phone Connected: 1
Sewer Available: 1
Water Connected: 1
Propane: 1
View
Water: 1
Water Access
No Fixed Bridge: 1
Ocean Access: 1
Water View
Canal: 1
Intracoastal: 1
Listing Terms
Cash: 1
Road Surface Type
Asphalt: 1
Water Source
Public: 1
Waterfront Features
Canal Front: 1
Intracoastal: 1
Point Lot: 1
Seawall: 1
Showing Requirements
Call Listing Agent: 1
Tax Information
County Only: 1
Canal Width
Canal Width 1-80 Feet: 1
Elevation Description
0-5 Feet Above Sea Level: 1
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-08-09T00:27:16Z
Major Change Type: New Listing
Status Change Date: 2026-08-08
Originating Details
Originating System Key: 20260808234910027591000000
Originating System ID: M00000170
Property Features
Current Use: Residential
Development Status: See Remarks
Documents Available: Aerial; Engineering Study; Plans
Electric: Generator
Environmental Audit: None
Irrigation Source: Municipal Water
Possession: Close Of Escrow
Possible Use: Multi-Family; Single Family
Sewer: Septic Tank
Special Listing Conditions: Standard
Utilities: Electricity Connected; Phone Connected; Sewer Available; Water Connected; Propane
View: Water
Listing Terms: Cash
Road Surface Type: Asphalt
Tax Information: County Only
Water Access: No Fixed Bridge; Ocean Access
Water Source: Public
Water View: Canal; Intracoastal
Waterfront Features: Canal Front; Intracoastal; Point Lot; Seawall
Canal Width: Canal Width 1-80 Feet
Showing Requirements: Call Listing Agent
Elevation Description: 0-5 Feet Above Sea Level
Acreage Description: 1/2 To Less Than 1 Acre Lot; Less Than 1 Acre Lot
Supplements
Property experiences seasonal King Tide/high-water conditions. Existing seawall is failing and will require replacement. Two existing septic systems will require abandonment with conversion to municipal sewer. Municipal sewer is available at the property and sewer impact fees have been paid.
Conceptual Site Plan – 3 Detached Reside 
Listing Office: Nautica Realty
Last Updated: August - 09 - 2026
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