823 Palmer Road, Delray Beach, FL 33483

$6,000,000

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List Price
$6,000,000
MLS#
B26062029
Status
ACTIVE
Type
Land

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.

Additional Information

Days on Market
0
Waterfront Description
Canal Front, Canal Width 1-80 Feet, Canal, Intracoastal Front, Ocean Access, Point Lot, Seawall
Tax Amount
$9,341
Water Access
Unrestricted Salt Water Access
Parcel Number
00434604000010400
Front Exposure
Northeast
Directions
Federal to Bamboo Lane, E to Palmer, right and follow around to the left and dead end into the intracoastal.
Address
823 Palmer Road, Delray Beach
Development Name
Lengthy Legal
Development
Lengthy Legal

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Listing Courtesy of Nautica Realty, Contact: