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.
For sale
$12,950,000
201 Palm Trail, Delray Beach, FL 33483
6beds
5,550sqft
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
- 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#: B26081345
Originating 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
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Listed for sale | $12,950,000-13.6%$2,333/sqft |
Source: | ||
| 8/6/2026 | Listing removed | $14,995,000$2,702/sqft |
Source: | ||
| 7/28/2025 | Listed for sale | $14,995,000+154.4%$2,702/sqft |
Source: | ||
| 3/20/2012 | Listing removed | $5,895,000$1,062/sqft |
Source: Premier Estate Properties #R3172882 Report a problem | ||
| 11/29/2011 | Price change | $5,895,000+99900%$1,062/sqft |
Source: PremierEstateProperties.Com #R3172882 Report a problem | ||
| 11/18/2011 | Listed for sale | $5,895-99.9%$1/sqft |
Source: PremierEstateProperties.Com #R3172882 Report a problem | ||
| 2/11/2011 | Listed for sale | $5,895,000-15.8%$1,062/sqft |
Source: Premier Estate Properties, Inc. #R3172882 Report a problem | ||
| 6/11/2010 | Listing removed | $6,999,000$1,261/sqft |
Source: Pascal Liguori #113892568 Report a problem | ||
| 8/30/2009 | Listed for sale | $6,999,000+191.6%$1,261/sqft |
Source: Greg Mermigas #113892568 Report a problem | ||
| 1/25/2007 | Sold | $2,400,000+278%$432/sqft |
Source: Public Record Report a problem | ||
| 10/15/1999 | Sold | $635,000+66.7%$114/sqft |
Source: Public Record Report a problem | ||
| 12/20/1993 | Sold | $381,000$69/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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