Modern Living Group
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$6,000,000ACTIVE

823 Palmer Road, Delray Beach, FL 33483

beds0baths
THE RESIDENCE

About this home

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.

THE DETAILS

Property details

Price$6,000,000
Lot Size0.83 acres
Lot Sq Ft36,155
Lot Dimensions145 x 250
Price / Acre$7,228,916
ZoningRM
Water SourcePublic
SewerSeptic Tank
Days on Market0
Property TypeLand
StatusActive
MLS #B26062029
Original List Price$6,000,000
SubdivisionLENGTHY LEGAL
Road SurfaceAsphalt
WaterfrontYes
ViewCanal,Intercoastal,Water
Annual Taxes$9,342
Show all details (5 more)
Direction FacesNortheast
CityDelray Beach
Zip Code33483
UtilitiesElectricity Connected, Propane, Phone Connected, Sewer Available, Water Connected
Waterfront FeaturesCanalAccess,CanalFront,IntracoastalAccess,NoFixedBridges,OceanAccess,PointLot,Seawall
LOCATION

Where you'll live

Christa Hatton
FEATURED AGENT
Christa Hatton
Boca Raton / Delray Specialist

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