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$4,650,000
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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.
Full Property Details
Full Property Details for 823 Palmer Rd
General
- Sold For: $4,650,000
- Taxes: $9,341 (2025)
- Status: Closed
- Type: Vacant Land
- Source: Regional
- MLS ID: B26062029
- Added to Site: 46 day(s) ago
Location
- County: Palm Beach
- Subdivision: lengthy legal
- Driving Directions: Federal to Bamboo Lane, E to Palmer, right and follow around to the left and dead end into the intracoastal.
- Direction Faces: Northeast
School Information
- Elementary School: Plumosa School of the Arts K-8
- High School: Atlantic
Community
- Community Name: 4210
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Propane, Phone Connected, Sewer Available, Water Connected
Structural Information
- Current Bldg. Use: Residential, Single Family
Lot Features
- Property View: Canal, Intercoastal, Water
- Lot Size (Acres): 0.83
- Lot Size (Sq. Ft.): 36,154.8
- Lot Dimensions: 145 x 250
- Irrigation System: Municipal
- Development Status: See Remarks
- Potential Use: Multi-Family, Single Family
- Zoning: RM
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Canal Access, Canal Front, Intracoastal Access, No Fixed Bridges, Ocean Access, Point Lot, Seawall
- Water Front View: Canal Access, Canal Front, Intracoastal Access, No Fixed Bridges, Ocean Access, Point Lot, Seawall
Financial Considerations
- For Sale: Yes
- Assessment Amount: $605,421
- Tax Amount: $9,341.99
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Building Plans, Environmental Study
- 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
- Disclosures/Rstr.: Owner Is Listing Agent
- Property ID: 434604000010400
Listed by Nautica Realty
Sold by Signature Elite Properties LLC
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Schools
Schools serving 823 Palmer Rd
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 mi |
Carver Middle School, Delray Beach, FL 101 Barwick Road, Delray Beach, FL 33445 | 6-8 | 4.2 mi |
Atlantic High School, Delray Beach, FL 2455 West Atlantic Avenue, Delray Beach, FL 33445 | 9-12 | 3.5 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 823 Palmer Rd
Date
Details
Price
Change
Source
8/31/2026
Sold
$4,650,000
-22.5%
MLS
8/08/2026
Listed
$6,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
823 Palmer Road, Delray Beach, FL 33483 (MLS# B26062029) is a Vacant Land property that was sold at $4,650,000 on August 31, 2026. Want to learn more about 823 Palmer Road? 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.

