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102 Bonito Drive, Ocean Ridge FL 33435

Commercial For Sale
$2,500,000

BTC: 40.16064257

ETH: 1,485.70749391

50 days
Waterfront
0 room(s)

Overview

Rare opportunity to build a brand-new luxury waterfront estate in prestigious Ocean Ridge. This exceptional 13,022 SF lot on the Dolphin Canal Waterway comes with approved plans for a stunning 2-story coastal contemporary residence with 4,000 SF under air, 4 bedrooms, 4.5 baths, and a 2-car garage. Designed for exceptional indoor-outdoor living, the proposed home features soaring ceilings, expansive open living spaces, a gourmet kitchen, first-floor guest suite or office, luxurious primary suite, covered patio, pool, spa, and private waterfront setting. Ideally situated close to Delray Beach, Manalapan, and Palm Beach, with easy access to the beach, shopping, and dining. Option to combine both lots and create one extraordinary waterfront estate. Information provided by the listing brokerage and its representatives—including pricing, measurements, square footage, lot dimensions, calculations, statistics, and media—is believed to be accurate but is not guaranteed and may be subject to errors, omissions, or changes without notice. Buyers and sellers are encouraged to independently verify all details and complete their own due diligence before entering into any transaction

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.30 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$799,000
$500K – $1.8M
Confidence Low
List vs. estimate
$1.7M above estimate
List $2,500,000 · +212.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
+ 14 public-records sales within 0.5 mi
Median actual sale: $795K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$25,069
2025
View
Canal, Intracoastal View
Waterfront
Canal Front, Canal Width 81-120 Feet
All facts and features
  • Lot

    • Lot: 0.30 Acres

    Other Property Information

    • Parcel Number: 46434522100001020

    • Zoning: RSF (city)

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Agriculture

  • Utility

    • Other Utilities Available

    • Septic

    • Other

  • Other financial information

    • Annual tax amount: $25,069

  • Source details

    • MLS ID: B26017911

    Other facts

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / Less Than 1 Acre / Septic

    • Waterfront: Yes

    • Water Source: Public

    • Subdivision Name: MC CORMICK MILE ADD 1

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Serhant