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823 Palmer Road, Delray Beach, FL 33483

$6,000,000
  • 823 Palmer Road, Delray Beach, FL 33483 Main Photo

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New to the Market Active
LOT SIZE 0.830 acres MLS#B26062029
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONlengthy legal

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. 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.

823 Palmer Road | MLS# B26062029

This land located at 823 Palmer Road, Delray Beach, FL 33483 is currently listed for sale with an asking price of $6,000,000. The property has approximately 0.83 Acres. Search Delray Beach real estate on www.realty100.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.83 Acres
Taxes: $9,341

Feature Descriptions

Lot Dimensions: 145 x 250
Parcel#: 00434604000010400
Sewer: Septic Tank
Special View Info: Water, Canal, Intracoastal
Utilities: Electricity Connected, Phone Connected, Propane, Sewer Available, Water Connected
Utilities: Electricity Connected, Phone Connected, Propane, Sewer Available, Water Connected
Water: Public
Water Frontage: 395
Waterfront Features: No Fixed Bridge, Ocean Access, Canal Front, Seawall, Intracoastal, Point Lot, Canal Width 1-80 Feet

Local Schools

High School: Atlantic
Elementary School: Plumosa School of the Arts K-8

Listed By / Shown By

Listed By

Agency Name: Nautica Realty
Agency Phone: 561-734-6397

Shown By

Agency Title: Realty 100
Agency Phone: 954-859-2100

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Estimated Payment

$ 15,881.82 per month $13,353.40 Principal & Interest $778.42 Property Tax $1,750.00 Homeowner's Insurance

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