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976 Banyan Drive, Delray Beach FL 33483

House For Sale
$10,900,000

BTC: 170.31250000

ETH: 5,728.88197452

62 days
Waterfront
3 bds
2 ba
2,922 sqft

Overview

Exceptional opportunity to own one of the largest direct Intracoastal frontage lots in Southern Palm Beach County. This premier waterfront property is ideally suited for an end user or builder who recognizes the extraordinary value and potential of constructing a luxury estate in this highly desirable location. Based on recent comparable sales, a newly built residence on this lot could command values exceeding $22 million. Serious inquiries only — owner seeks a knowledgeable buyer who understands the rarity and long-term value of this exceptional property. Features include a solid poured-concrete seawall and dock, complemented by mature tropical landscaping and breathtaking wide-water views.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Circular Driveway / Driveway / Parking Garage
Year Built:
1972
Lot:
0.33 Acres
Heating:
Central / Electric
Price/sqft:
$3,730
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,450,000
$850K – $3.5M
Confidence Low
List vs. estimate
$9.4M above estimate
List $10,900,000 · +651.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$3,730
+630.6% vs. city median $510
Based on
31 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.1M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$11,327
2025
Pool
Private
View
Intracoastal View
Waterfront
Intracoastal Front, Ocean Access
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Slate

    • Terrazzo

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Ice Maker

    • Microwave

    • Gas Range

    • Refrigerator

    • Self Cleaning Oven

    • Solar Hot Water

    • Wall Oven

    • Washer

    Other interior features

    • Bar

    • Cooking Island

    • Entrance Foyer

    • Walk-In Closet(s)

    • Wet Bar

    • Family Room

    • Great Room

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Circular Driveway

    • Driveway

    • Parking Garage

    Property

    • Levels: 1

    • Pool Private: Yes

    Lot

    • Lot: 0.33 Acres

    Other Property Information

    • Parcel Number: 12434628020001830

    • Zoning: R-1-AA-B (city)

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Sewer Connected

    • Water Connected

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $11,327

  • Source details

    • MLS ID: B26028044

    Other facts

    • Construction Materials: CBS Construction

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

    • Patio And Porch Features: Patio

    • Pool Features: Private

    • Direction Faces: West

    • Other Structures: Livable

    • Architectural Style: One Story

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2922

    • Water Source: Public

    • Subdivision Name: TROPIC ISLE 2ND SEC,Tropic Isle

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: Lehmann Realty Inc.