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For sale
  • $12,950,000

    201 Palm Trail, Delray Beach, FL 33483

    6beds
    5,550sqft
    : 
    $93,725/mo
    Get pre-qualified
    Single Family Residence
    Built in 1978
    0.41 Acres Lot
    $11,759,400 Zestimate®
    $2,333/sqft
    $-- HOA

    What's special

    Three car garageDeep-water dockCoveted eastern exposureDead-end privacyRare sense of privacyCorner locationWine room
    Exceptional direct Intracoastal opportunity in the heart of Delray Beach. Set on nearly half an acre with 103' of waterfrontage and 175' of depth, 201 Palm Trail represents an estate size lot featuring an existing 5,500 SF residence and the potential to build a custom estate of up to approximately 21,000 total SF. Enjoy the home as-is, lease it, or utilize it while designing your future waterfront estate. Coveted eastern exposure allows the residence, pool and outdoor living areas to capture long water views and morning light. A deep-water dock, corner location and dead-end privacy further distinguish this rare offering. Just minutes from Atlantic Avenue, pristine beaches, world-class dining and boutiques, with Palm Beach, Boca Raton and South Florida's airports within easy reach. An exceptional opportunity along one of Delray Beach's most desirable waterfront corridors, 201 Palm Trail offers a rare combination of location, scale and direct Intracoastal frontage. Set on nearly one-half acre with approximately 103 feet of waterfrontage and 175 feet of depth, this remarkable offering presents a potential to build a new custom estate of up to approximately 21,000 total square feet or enjoy the current 5,500 square foot residence boasting five bedrooms including primary suite with dual bathrooms and walk-in closets, dedicated gym and office, wine room, and three car garage. The orientation is equally compelling. The residence, pool and outdoor living areas face east toward the Intracoastal, capturing beautiful long water views and morning light. This coveted exposure also creates an inviting setting for afternoons by the pool and evenings along the waterfront. A deep-water dock completes the lifestyle, offering convenient boating access to the Intracoastal Waterway and Atlantic Ocean. The existing residence provides tremendous flexibility. Enjoy the home as-is, utilize it as a waterfront retreat, lease the property, or live comfortably while designing and permitting a future custom estate. For those looking to build, the property offers the scale, waterfrontage and orientation to create a truly significant Delray Beach waterfront estate. Positioned on a corner at the end of a quiet street, 201 Palm Trail also offers a rare sense of privacy while remaining just two blocks from downtown Atlantic Avenue and everything that defines the Delray Beach lifestyle. The boutiques, acclaimed restaurants and energy of Atlantic Avenue as well as Delray's pristine beaches are just minutes away. Boca Raton and Palm Beach are within easy reach, along with convenient access to South Florida's private and international airports. With 100+ feet of direct Intracoastal frontage, nearly half an acre, coveted eastern exposure, a deep-water dock and dead-end privacy, 201 Palm Trail is a standout offering in the Delray Beach luxury real estate market. Enjoy an exceptional waterfront residence today or envision a world-class custom estate for tomorrow. DISCLOSURE: All images and visual materials associated with this property, including AI generated images, virtually staged photos, edited images, artist conceptual renderings, maps, site plans, floor plans, and other graphics, are provided solely for illustrative purposes. These representations may not accurately reflect current conditions and are subject to change without notice. No representations or warranties are made regarding the accuracy or completeness of these visual materials. Buyers should not rely solely on these materials and are responsible for independently verifying all property details.
    18 days
    915
    44

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicholas Paul Malinosky 561-306-4597,

    Douglas Elliman,

    Michael Patrick O'Connor 561-414-1249,

    Douglas Elliman

    Source: BeachesMLS,MLS#: B26081345MLS LogoOriginating MLS: BeachesMLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 9
      • Full bathrooms: 8
      • 1/2 bathrooms: 1
      • Main level bathrooms: 5
      • Main level bedrooms: 3
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dryer, Dishwasher, Freezer, Gas Cooktop, Refrigerator, Washer
      Features
      • Breakfast Area, Bathtub, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Elevator, Kitchen Island, Multiple En Suite Bathrooms, Soaking Tub, Upper Level Primary, Walk-In Closet(s)
      • Flooring: Other
      • Has fireplace: No
      Interior area
      • Total structure area: 8,328
      • Total interior livable area: 5,550 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 8
      • Parking features: Attached, Garage
      • Attached garage spaces: 3
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Open, Patio, Terrace, Balcony
      • Exterior features: Balcony, Outdoor Living Area
      • Has private pool: Yes
      • Pool features: In Ground
      • Has spa: Yes
      • Spa features: In Ground
      • Has view: Yes
      • View description: Intercoastal, Pool, Water
      • Has water view: Yes
      • Water view: Intercoastal,Water
      • Waterfront features: Intracoastal Access, No Fixed Bridges, Ocean Access
      • Frontage type: Waterfront
      • Frontage length: 103.00,103.00
      Lot
      • Size: 0.41 Acres
      • Dimensions: 103 x 175
      • Features: 1/4 to 1/2 Acre Lot
      Details
      • Parcel number: 12434616090000070
      • Zoning: R-1-AA (city)
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Other
      • Roof: Metal
      Condition
      • Resale
      • New construction: No
      • Year built: 1978

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Water Available

      Community & HOA

      Community
      • Subdivision: RUNNYMEDE
      HOA
      • Has HOA: No
      Location
      • Region: Delray Beach

      Financial & listing details

      • Price per square foot: $2,333/sqft
      • Tax assessed value: $7,223,438
      • Annual tax amount: $37,999
      • Date on market: 9/28/2026
      • Cumulative days on market: 18 days
      • Listing terms: Cash
      • Electric utility on property: Yes

        Estimated market value

        $11,759,400

        $11.05M - $12.35M

        Not available

        Price history

        DateEventPrice
        9/28/2026Listed for sale$12,950,000-13.6%$2,333/sqft
        Source: BeachesMLS #B26081345 Report a problem
        8/6/2026Listing removed$14,995,000$2,702/sqft
        Source: BeachesMLS #R11110873 Report a problem
        7/28/2025Listed for sale$14,995,000+154.4%$2,702/sqft
        Source: BeachesMLS #RX-11110873 Report a problem
        3/20/2012Listing removed$5,895,000$1,062/sqft
        Source: Premier Estate Properties #R3172882 Report a problem
        11/29/2011Price change$5,895,000+99900%$1,062/sqft
        Source: PremierEstateProperties.Com #R3172882 Report a problem
        11/18/2011Listed for sale$5,895-99.9%$1/sqft
        Source: PremierEstateProperties.Com #R3172882 Report a problem
        2/11/2011Listed for sale$5,895,000-15.8%$1,062/sqft
        Source: Premier Estate Properties, Inc. #R3172882 Report a problem
        6/11/2010Listing removed$6,999,000$1,261/sqft
        Source: Pascal Liguori #113892568 Report a problem
        8/30/2009Listed for sale$6,999,000+191.6%$1,261/sqft
        Source: Greg Mermigas #113892568 Report a problem
        1/25/2007Sold$2,400,000+278%$432/sqft
        Source: Public Record Report a problem
        10/15/1999Sold$635,000+66.7%$114/sqft
        Source: Public Record Report a problem
        12/20/1993Sold$381,000$69/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$37,999 +4.8%$2,070,187 +2.9%
        2024$36,272 -0.7%$2,011,844 +3%
        2023$36,536 +0.5%$1,953,247 +3%
        2022$36,356 -0.5%$1,896,356 +3%
        2021$36,538 +0.5%$1,841,122 +1.4%
        2020$36,340 +1.2%$1,815,702 +2.3%
        2019$35,905 $1,774,880 +1.9%
        2018$35,905 +4.2%$1,741,786 +2.1%
        2017$34,466 +0.1%$1,705,961 +2.1%
        2016$34,424 -0.7%$1,670,873 +0.7%
        2015$34,676 -3.3%$1,659,258 +0.8%
        2014$35,868 -3.2%$1,646,089 -2.8%
        2013$37,073 -2.5%$1,692,872 +0%
        2012$38,017 -2.9%$1,692,169 -1%
        2011$39,152 -14.5%$1,709,976 -13.7%
        2010$45,801 -6.4%$1,980,903 -9.2%
        2009$48,945 +15.4%$2,182,119 +5.4%
        2008$42,429 -2.7%$2,070,803 -4.4%
        2007$43,598 -0.5%$2,165,398 +9.1%
        2006$43,826 $1,985,608 +40.1%
        2005-- $1,417,703 +5%
        2004$20,083 +12610.8%$1,350,535 +15.9%
        2003$158 -99.4%$1,165,365 +11.5%
        2002$25,326 +9.7%$1,045,365 +10.9%
        2001$23,093 +132.5%$942,283 +132%
        2000$9,932 +3%$406,086 -0.1%
        1999$9,639 $406,306
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Palm Trail

        Getting around

        72 / 100
        Very Walkable
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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