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870 E Palm Ave E, Boca Raton FL 33432

Lots/Land For Sale
$2,400,000

BTC: 37.50000000

ETH: 1,374.57044674

-$800K (2026/05/18)
182 days
0 room(s)

Overview

Attention developers and builders. Rare turnkey development opportunity in Boca Raton’s prestigious Por La Mar, located on the barrier island just steps from the beach. Two side by side residential lots are available with plans ready for permit submittal, offering meaningful time savings and a more streamlined path to construction. No HOA. Purchase one lot or secure both together for stronger value, greater flexibility, and maximum upside in a prime coastal location. Introducing Villa Luna, Lot 83, a premier offering that includes the lot plus architectural plans ready for permit submittal for a stunning modern estate. The proposed 3 story residence offers 7,397 square feet under A/C, plus an additional 1,670 square feet, for a total of 9,068 square feet. The home features 6 bedrooms, 8 bathrooms, a 3 car garage, elevator, resort style pool and spa, private cabana, expansive summer living areas, and a butler’s kitchen designed for elevated entertaining. The envisioned floor plan includes an open concept living area, spa inspired primary bath with steam shower, and a full third floor primary suite with a private open sky terrace, delivering the ultimate indoor outdoor lifestyle in one of Boca Raton’s most desirable coastal neighborhoods. Minutes from top rated schools, parks, dining, beaches, and premier lifestyle amenities. Contact for full plans, and development details.

Location

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,272,500
$531K – $2.1M
Confidence Low
List vs. estimate
$1.1M above estimate
List $2,400,000 · +88.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.9M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$25,000
2024
All facts and features
  • Lot

    • Lot: 0.19 Acres

    Other Property Information

    • Parcel Number: 06434728010000830

    • Zoning: R1C (cit

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Utility

    • Electricity Available

    • Water Available

  • Other financial information

    • Annual tax amount: $25,000

  • Source details

    • MLS ID: A11924565

    Other facts

    • Lot Features: City Location / Less Than 1/4 Acre Lot / Interior Lot / Other

    • Window Features: Clear Impact Glass

    • Direction Faces: North

    • Other Structures: None

    • Water Source: Municipal Water

    • Subdivision Name: BOCA RATON POR LA MAR,Villa Luna Lot 83

Private inquiry
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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: Aterra Real Estate Partners, LLC