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876 Forsyth Street, Boca Raton FL 33487

House For Sale
$3,499,999

BTC: 53.27243531

ETH: 2,069.78060319

New
Waterfront
3 room(s)
6,214 sqft

Overview

Tucked away on a quiet cul-de-sac within Boca Keys, this premier deepwater homesite presents an exceptional opportunity to build a custom waterfront estate in one of Boca Raton's most coveted boating communities. This 9,932 sq. ft. parcel (approximately 90 ft. x 110 ft.) is cleared and ready for construction, with utilities available at the street for easy hookup. Zoned R-1-B (Single-Family Residential), the property is ideal for designing a custom 5,000+ sq. ft. luxury residence. Boasting approximately 90 feet of water frontage, a newly constructed seawall, and a substantial concrete dock capable of accommodating up to a 70-foot vessel, it is perfectly suited for those who appreciate life on the water. Situated in a no-wake zone with no fixed bridges and direct ocean access, enjoy effortless navigation to the Intracoastal Waterway in minutes and reach Lake Boca and the Boca Inlet in approximately five miles. Southeastern backyard exposure enhances the waterfront setting. Ideally located just four miles from downtown Boca Raton and moments from world-class dining, shopping, private aviation, pristine beaches, and premier golf and country clubs, this rare offering delivers the ultimate blend of luxury, privacy, convenience, and an unparalleled South Florida boating lifestyle. Some images have been virtually rendered or staged to illustrate the potential of a future custom residence. Price is for land only.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Open / Parking Garage
Year Built:
2027
Lot:
0.23 Acres
Heating:
Other
Price/sqft:
$563
Cooling:
None
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$7,345,000
$4.9M – $8.7M
Confidence Low
List vs. estimate
$3.8M below estimate
List $3,499,999 · -52.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$563
+4.1% vs. city median $541
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.0M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$34,048
2025
View
Canal, Intracoastal View
Waterfront
Intracoastal Front, Navigable Water
Garage
4 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Other

    Heating

    • Other

    Cooling

    • None

    Other interior features

    • No Interior Features

  • Parking

    • 2 Or More Spaces

    • Open

    • Parking Garage

    Property

    • Levels: 1

    • Exterior Features: East Of Us1 / None / Room For Pool

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 06434704060010020

    • Zoning: R1B (city)

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $34,048

  • Source details

    • MLS ID: B26041210

    Other facts

    • Construction Materials: Other

    • Lot Features: Less Than 1/4 Acre Lot / Cul-De-Sac / East Of US 1 / Less Than 1 Acre

    • Direction Faces: North

    • Other Structures: Livable

    • Waterfront: Yes

    • Garage Spaces: 4

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 6214

    • Water Source: Public

    • Subdivision Name: Boca Keys

Private inquiry
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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: One Sotheby's International Realty