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949 Banyan Drive, Delray Beach FL 33483

Lots/Land Recently Sold
$1,800,000

BTC: 22.30483271

ETH: 750.00000000

Sold on: 2022-11-18
114 days
Waterfront
0 room(s)

Overview

Don't miss the opportunity to purchase this spectacular waterfront property located in the highly sought-after community of Tropic Isle. With 90' of water frontage, this property is the 5th lot from the point with direct ocean access and no fixed bridges. Lot is cleared and approximately 100' x 90'. Bright your yacht as there is a newly capped seawall and new 70' dock. Dock is pre-wired for boat lift. There are architectural plans for a West Indies 6,807+/- Sqft Home (digital rendering in photos) with permit and ready to build. The list price of $1,999,000 is for the cost of the lot. Cost to build will be additional. No requirement to use our builder and joint ventures will not be considered.

Location

Florida • Delray Beach • 33483 • Lots/Land • Recently Sold • Waterfront

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$424,450
$261K – $1.8M
Confidence Low
List vs. estimate
$1.4M above estimate
List $1,850,000 · +335.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 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
$19,552
2021
View
Canal, Canal View
Waterfront
Canal Width 1-80 Feet, Intracoastal Front
All facts and features

  • Property

    • Exterior Features: East Of Us1

    Lot

    • Lot: 0.22 Acres

    Other Property Information

    • Parcel Number: 12434628020001780

    • Zoning: R-1-AA

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Agriculture

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $19,552

  • Source details

    • MLS ID: R10815236

    Other facts

    • Lot Features: Dirt / Less Than 1/4 Acre Lot / East Of US 1 / Cleared Land / Cleared / Street Lights

    • Direction Faces: South

    • Waterfront: Yes

    • Water Source: Public

    • Subdivision Name: TROPIC ISLE 2ND SEC

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

Live counts in the same area.
View all
This zip
33483
219
median $1.4M
Active
Same city
Delray Beach
1,448
median $299K
Active
Same type
Lots/Land
22
median $1.2M
Active
Similar price
$1.3M – $2.4M
108
median $1.8M
Active

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: Block Realty