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$5,200,000
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Property Description
A rare opportunity to fast-track the creation of a custom home in Delray Beach's most sought-after beachside neighborhood, where buildable land has become exceptionally scarce. Waterway Lane is an exclusive, quiet, dead-end street of just ten homes, ideally positioned between the Intracoastal Waterway and the Atlantic Ocean. This offering delivers more than land-it delivers time. The substantially cleared 100' x 141' lot is ready to move forward, with the option to purchase, at an additional cost, approved building plans for a thoughtfully designed single-story four-bedroom residence. Acquiring a project at this advanced stage allows a future owner to bypass years of design, permitting, and uncertainty in a location where opportunities are rapidly disappearing.
Full Property Details
Full Property Details for 1117 Waterway Ln
General
- Price: $5,200,000
- Taxes: $51,480 (2025)
- Status: Active
- Type: Vacant Land
- Source: Regional
- MLS ID: R11154937
- Updated: 2/19/2026
- Added to Site: 69 day(s) ago
Additional Information
- Shared Amenities: Beach Access
Location
- County: Palm Beach
- Subdivision: WATERWAY LANE IN
- Driving Directions: USE GPS
- Direction Faces: South
Community
- Community Name: 4140
Utilities
- Water: Public
- Utility Description: Electricity Available, Water Available
Structural Information
- Current Bldg. Use: Single Family
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 14,100
- Lot Dimensions: 100 x 141
- Road Maintenance: Public Maintained Road
- Lot Features: Cleared, Item14to12AcreLot
- Development Status: Site Plan Filed
- Potential Use: Single Family
- Trees/Vegetation: Other
- Zoning: R-1-AAA
Financial Considerations
- Tax Amount: $51,480
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Survey
- Legal Description: WATERWAY LANE SUB LT 3
- Property ID: 12434616170000030
Listed by Hutchison Real Estate Co
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Schools
Schools serving 1117 Waterway Ln
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Plumosa School Of The Arts 2501 Seacrest Boulevard, Delray Beach, FL 33444 | K-8 | 1.4 mi |
Carver Middle School, Delray Beach, FL 101 Barwick Road, Delray Beach, FL 33445 | 6-8 | 3.3 mi |
Atlantic High School, Delray Beach, FL 2455 West Atlantic Avenue, Delray Beach, FL 33445 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1117 Waterway Ln
Date
Details
Price
Change
Source
1/16/2026
Listed
$5,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1117 Waterway Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$51,487
1389%
$2,771,086
571%
2024
$3,457
-1%
$412,947
3%
2023
$3,507
-50%
$400,919
3%
2022
$7,015
—
$389,242
3%
2021
$7,027
102%
$377,905
1%
2021
$3,485
-49%
$372,687
2%
2019
$6,885
4%
$364,308
2%
2018
$6,595
—
$357,515
2%
2017
$6,571
99%
$350,162
2%
2016
$3,299
-51%
$342,960
1%
2015
$6,778
-1%
$340,576
1%
2014
$6,821
1%
$337,873
1%
2013
$6,737
—
$332,880
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1117 Waterway Ln
1117 Waterway Lane, Delray Beach, FL 33483 (MLS# R11154937) is a Vacant Land property with a lot size of 0.32 acres. 1117 Waterway Lane is currently listed for $5,200,000 and was received on January 16, 2026. Want to learn more about 1117 Waterway Lane? Do you have questions about finding other Vacant Land real estate for sale in Delray Beach? You can browse all Delray Beach real estate or contact a Coldwell Banker agent to request more information.

