5-Bed Single Family Residence at LAS PALMAS SUB in Delray Beach

$8,950,000

Listing courtesy of The Corcoran Group; Courtney Balsam. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.

For Sale
bedrooms

5

bathrooms

6

Square Footage

7796

Type of Property

Single Family Residence, Residential

Details

Overview

Sub Type
Single Family Residence
Price Per Sqft
$1,148/sqft
Built In
2028
Taxes
$27,349/yr

Description

A rare and extraordinary opportunity awaits on the direct channel of the Intracoastal Waterway in the Palm Trail neighborhood of Delray Beach, less than one mile from the vibrant energy of Atlantic Avenue. This offering represents the premier waterfront parcel itself, featuring shovel-ready architectural plans which are currently approximately 90% through the approval process, creating a well-defined opportunity to bring a future residence to life. Encompassing over half an acre along what is widely regarded as one of the most exclusive and private streets in Delray Beach, this exceptional property delivers rare scale, direct waterfront exposure, and unmatched privacy. A home currently exists on the site; however, the opportunity is being presented primarily as a premier waterfront lot with architectural plans, allowing the next owner to either move forward with the existing design, or create their own custom vision for this extraordinary setting. With 101 feet of direct Intracoastal frontage and private boat dock, this property delivers immediate waterfront enjoyment while offering the opportunity to create a future estate of distinction. Boaters will appreciate the effortless ocean access with no fixed bridges, all while enjoying sweeping views of the wide main channel. Nestled on a quiet street of only four homes, 1 Fisher is truly unique and exceptionally private - a rare enclave setting just moments from the best of Delray Beach. Included with the sale of the land will be thoughtfully designed, fully approved plans for a spectacular estate residence featuring: * 10,808 Total Square Feet; 7,796 Living Square Feet * 5 Bedrooms + Upper-Level Salon * 6 Full Baths + 1 Power Room and 1 Pool Bath * State-of-the-art chef's kitchen appointed with a walk-in butler's pantry and a private wine room designed for curated collections. * Refined multi-level living areas designed for privacy, comfort, and sophisticated entertaining. * Grand lower-level primary suite with an intimate waterfront sitting area designed for quiet retreat. * Luxurious primary bathroom suite showcasing a refined spa-inspired design and customizable wellness features including steam and sauna capability. * Custom-appointed elevator. * Showcase-worthy four-car garage, designed with lift-capable ceiling heights, creating the opportunity to accommodate an eight-car collection. Designed for seamless indoor-outdoor living, the plans also showcase: * Multiple covered lanais complemented by a bespoke summer kitchen, offering seamless alfresco dining curated for elevated outdoor gatherings. * Resort caliber infinity-edge pool and spa meticulously designed for the ultimate privacy and serenity. * Multiple private terraces and balconies positioned to capture unobstructed panoramic views of the main Intracoastal channel. All site surveys, soil tests, development entitlements, and preliminary plans - including floorplans, site plan, and basic civil engineering - are transferable to the new owner. The buyer will be responsible for demolition of existing structure, completing final construction drawings, MEP engineering, and final civil engineering prior to building permit submission. Bring the included vision to life or collaborate with your architect to create a fully custom masterpiece tailored to your preferences. Builder is optional, with the opportunity to work with Delray Beach's Formative Builders, or select your own team. This is more than a homesite - it is a generational waterfront offering in one of South Florida's most coveted locations, moments from world-class dining, shopping, beaches, and the ultimate coastal lifestyle.

This single family residence home located at 1 Fisher Lane, Delray Beach FL 33483 is currently for sale and has been available on Brickellsold for 195 days. This property is listed at $9M. It has 5 beds, 6 bathrooms, and is 7796 square feet. It was built in 2028. 1 Fisher Lane, Delray Beach FL 33483 is in Delray Beach county Palm Beach County.

Interior

Bedrooms
5
Bathrooms
7
Bathrooms Full
6
Features
  • Flooring: Ceramic Floor, Other
  • Common walls with other units/homes:
Heating
Central, Electric
Cooling
Central Air, Electric
Appliances
Dishwasher, Disposal, Dryer, Refrigerator, Washer
Total structure area
10,808
Total interior livable area
7,796 sqft

Property

Parking
  • Covered Spaces: 4
  • Parking Features: 2 Or More Spaces,Circular Driveway,Parking Garage
  • Garage Spaces: 4
Parcel Number
12434609310000380
Features
  • Entry location: Cooking Island, Elevator, Entrance Foyer, French Doors, Laundry Tub, Pantry, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Game Room, Great Room, Other, Recreation Room, Utility Room/Laundry
  • Exterior Features: East Of Us1, Balcony, Open Balcony
  • Has View: Yes
  • View Description: Intracoastal View, Pool

Construction

Property subtype
Single Family Residence, Residential
Materials
Concrete Block Construction, CBS Construction
Condition
  • Year Built: 2028

Community & HOA

Community
  • Security Features:
  • Subdivision: LAS PALMAS SUB
HOA
  • Amenities: Boat Dock, Elevator(s), Private Pool
Region
Delray Beach

Financial

Price Per Sqft
$1,148/sqft
Taxes
$27,349/yr
On Market Date
2/26/2026
Listing Terms
All Cash

Metadata

Added
2/28/2026
Updated
9/10/2026
MLS#
R11167455
Days on Market
195
Listed By
The Corcoran Group
Originating MLS
BeachesMLS

Map

Price History

EventPriceDate
Original list price$11,000,000Feb 28, 2026
Price change$9,750,000Aug 1, 2026
Current list price$8,950,000Aug 1, 2026

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