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.
For sale
Price cut: $800K (8/1)
$8,950,000
1 Fisher Lane, Delray Beach, FL 33483
5beds
7,796sqft
Single Family Residence
Built in 2028
0.51 Acres Lot
$-- Zestimate®
$1,148/sqft
$-- HOA
What's special
Private boat dockCustom-appointed elevatorUnmatched privacyRare scaleMultiple covered lanaisPremier waterfront parcelDirect waterfront exposure
- 184 days
- 1,315
- 39
Zillow last checked:
Listing updated:
Listed by:
Courtney Balsam 561-516-0678,
The Corcoran Group
Source: BeachesMLS,MLS#: R11167455
Originating MLS: BeachesMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 8
- Full bathrooms: 6
- 1/2 bathrooms: 2
- Main level bathrooms: 3
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 329.63
- Dimensions: 19.39 X 17
Bedroom 2
- Level: Upper
- Area: 255
- Dimensions: 15 X 17
Bedroom 3
- Level: Upper
- Area: 196.5
- Dimensions: 15 X 13.1
Bedroom 4
- Level: Upper
- Area: 210
- Dimensions: 14 X 15
Bedroom 5
- Level: Upper
- Area: 212.8
- Dimensions: 14 X 15.2
Den
- Level: Upper
- Area: 365.2
- Dimensions: 16.6 X 22
Dining room
- Level: Main
- Area: 282.2
- Dimensions: 16.6 X 17
Family room
- Level: Main
- Area: 605
- Dimensions: 25 X 24.2
Kitchen
- Level: Main
- Area: 413.88
- Dimensions: 17.39 X 23.8
Living room
- Level: Main
- Area: 377.4
- Dimensions: 22.2 X 17
Other
- Description: Bonus Room
- Level: Upper
- Area: 196
- Dimensions: 14 X 14
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Cooktop, Dryer, Dishwasher, Disposal, Refrigerator, Washer
- Laundry: Inside, Laundry Tub
Features
- Wet Bar, Bidet, Breakfast Area, Bathtub, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, High Ceilings, Kitchen Island, Main Level Primary, Pantry, Sitting Area in Primary, Split Bedrooms, Soaking Tub, Separate Shower, Walk-In Closet(s)
- Flooring: Ceramic Tile, Other
- Doors: French Doors
- Windows: Storm Window(s)
- Has fireplace: Yes
Interior area
- Total structure area: 10,808
- Total interior livable area: 7,796 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Attached, Circular Driveway, Garage
- Attached garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Entry location: Entry Level Living Area Y
- Patio & porch: Covered, Deck, Open, Patio, Balcony
- Exterior features: Balcony, Lighting, Outdoor Living Area
- Has private pool: Yes
- Pool features: Outside Bath Access
- Fencing: Fenced
- Has view: Yes
- View description: Intercoastal, Pool
- Has water view: Yes
- Water view: Intercoastal
- Waterfront features: Intracoastal Access, No Fixed Bridges, Ocean Access, Seawall
Lot
- Size: 0.51 Acres
- Dimensions: 101.0 ft x 220.0 ft
- Features: Sprinklers Automatic, Sprinkler System
Details
- Parcel number: 12434609310000380
- Zoning: R-1-AA
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Block, Concrete
Condition
- To Be Built
- New construction: No
- Year built: 2028
Utilities & green energy
- Electric: 3 Phase
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: LAS PALMAS SUB
HOA
- Has HOA: No
Location
- Region: Delray Beach
Financial & listing details
- Price per square foot: $1,148/sqft
- Tax assessed value: $6,617,570
- Annual tax amount: $27,349
- Date on market: 2/28/2026
- Cumulative days on market: 185 days
- Listing terms: Cash
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2026 | Price change | $8,950,000-8.2%$1,148/sqft |
Source: | ||
| 6/23/2026 | Price change | $9,750,000-4.9%$1,251/sqft |
Source: | ||
| 4/27/2026 | Price change | $10,250,000-2.4%$1,315/sqft |
Source: | ||
| 3/19/2026 | Price change | $10,500,000-4.5%$1,347/sqft |
Source: | ||
| 2/28/2026 | Listed for sale | $11,000,000+29.4%$1,411/sqft |
Source: | ||
| 3/3/2025 | Listing removed | $8,500,000$1,090/sqft |
Source: | ||
| 2/11/2025 | Price change | $8,500,000-5.5%$1,090/sqft |
Source: | ||
| 1/8/2025 | Price change | $8,995,000-5.3%$1,154/sqft |
Source: | ||
| 1/1/2025 | Price change | $9,495,000-2.6%$1,218/sqft |
Source: | ||
| 11/25/2024 | Price change | $9,750,000-2.5%$1,251/sqft |
Source: | ||
| 11/10/2024 | Listed for sale | $9,995,000+9419%$1,282/sqft |
Source: | ||
| 11/4/2024 | Listing removed | $11,000$1/sqft |
Source: BeachesMLS #R10937001 Report a problem | ||
| 10/24/2024 | Price change | $11,000-12%$1/sqft |
Source: BeachesMLS #R10937001 Report a problem | ||
| 5/8/2024 | Price change | $12,500-16.7%$2/sqft |
Source: BeachesMLS #R10937001 Report a problem | ||
| 4/12/2024 | Price change | $15,000-14.3%$2/sqft |
Source: BeachesMLS #R10937001 Report a problem | ||
| 2/17/2024 | Price change | $17,500-30%$2/sqft |
Source: BeachesMLS #R10937001 Report a problem | ||
| 1/9/2024 | Price change | $25,000+42.9%$3/sqft |
Source: BeachesMLS #R10937001 Report a problem | ||
| 1/2/2024 | Price change | $17,500-12.5%$2/sqft |
Source: BeachesMLS #R10937001 Report a problem | ||
| 11/17/2023 | Listed for rent | $20,000-20%$3/sqft |
Source: BeachesMLS #R10937001 Report a problem | ||
| 2/1/2023 | Listing removed | -- |
Source: BeachesMLS Report a problem | ||
| 1/14/2023 | Price change | $25,000-9.1%$3/sqft |
Source: BeachesMLS Report a problem | ||
| 1/12/2023 | Price change | $27,500-8.3%$4/sqft |
Source: BeachesMLS Report a problem | ||
| 11/19/2022 | Price change | $30,000-25%$4/sqft |
Source: Zillow Rental Network_1 #R10811169 Report a problem | ||
| 10/19/2022 | Price change | $40,000+90.5%$5/sqft |
Source: Zillow Rental Network_1 #R10811169 Report a problem | ||
| 10/7/2022 | Listed for rent | $21,000$3/sqft |
Source: Zillow Rental Network_1 #R10811169 Report a problem | ||
| 12/29/2008 | Sold | $105,000$13/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $27,349 +4.9% | $1,492,930 +2.9% |
| 2024 | $26,062 -0.7% | $1,450,855 +3% |
| 2023 | $26,243 +0.7% | $1,408,597 +3% |
| 2022 | $26,061 -0.5% | $1,367,570 +3% |
| 2021 | $26,184 +0.6% | $1,327,738 +1.4% |
| 2020 | $26,038 +1.2% | $1,309,406 +2.3% |
| 2019 | $25,723 | $1,279,967 +1.9% |
| 2018 | $25,723 +4.2% | $1,256,101 +2.1% |
| 2017 | $24,687 +0.1% | $1,230,265 +2.1% |
| 2016 | $24,651 -0.7% | $1,204,961 +0.7% |
| 2015 | $24,827 -3.3% | $1,196,585 +0.8% |
| 2014 | $25,677 +1.1% | $1,187,088 +1.5% |
| 2013 | $25,400 -0.8% | $1,169,545 +1.7% |
| 2012 | $25,608 +1.2% | $1,149,995 +3% |
| 2011 | $25,312 -28.6% | $1,116,500 -37.1% |
| 2010 | $35,453 -19.6% | $1,774,282 -9.9% |
| 2009 | $44,094 +116.6% | $1,968,978 +91.3% |
| 2008 | $20,359 +3.2% | $1,029,121 +3% |
| 2007 | $19,718 -6.4% | $999,147 +2.5% |
| 2006 | $21,063 | $974,778 +3% |
| 2005 | -- | $946,386 +3% |
| 2004 | $13,292 +8312.3% | $918,821 +1.9% |
| 2003 | $158 -99.3% | $901,689 -1.2% |
| 2002 | $21,527 +157.6% | $912,553 +167.9% |
| 2000 | $8,358 +3.4% | $340,654 0% |
| 1999 | $8,083 | $340,719 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Palm Trail
Nearby schools
Schools provided by the listing agent
- Elementary: Plumosa School of the Arts K-8
- Middle: Carver Community
- High: Atlantic
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








