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4838 Charlton Way, Delray Beach FL 33445

Lots/Land For Sale
$2,975,000

BTC: 36.06935015

ETH: 1,122.64150943

-$925K (2026/09/19)
254 days
0 room(s)

Overview

Rare development opportunity in Delray Beach! Approx. 3.4 acres / 148,104 SF in unincorporated Palm Beach County, zoned RS Single-Family Residential with no HOA. Current zoning allows up to 5 detached homes per acre, subject to site feasibility and approvals. Potential for a luxury residential development with larger estate homesites. Based on preliminary guidance provided by the County, development may require a 40' roadway with turnaround, drainage/positive outfall, public water/sewer and platting. Potential annexation into Delray Beach through adjacent Bexley Park is also being explored, including possible future access and utility connections. Buyer to independently verify all development requirements and feasibility.

Location

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
3.40 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$742,950
$150K – $2.6M
Confidence Low
List vs. estimate
$2.2M above estimate
List $2,975,000 · +300.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
46 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $487K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,921
2025
View
Garden
All facts and features
  • Lot

    • Lot: 3.40 Acres

    Other Property Information

    • Parcel Number: 00424612000003120

    • Zoning: RS

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Agriculture

  • Utility

    • Electricity Connected

    • Septic

    • Electricity Available

  • Other financial information

    • Annual tax amount: $12,921

  • Source details

    • MLS ID: R11155496

    Other facts

    • Lot Features: Other Location / Dirt / 3 To Less Than 4 Acre Lot / Irregular Lot / Septic

    • Direction Faces: North

    • Water Source: Well

    • Subdivision Name: UNINCORPORATED

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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Market around this address

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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: Keller Williams Realty Boca Ra