Home in 976 Banyan Drive, Delray Beach, FL 33483 for sale with MLS# B26028044

Exceptional opportunity to own one of the largest direct Intracoastal frontage lots in Southern Palm Beach County. This premier waterfront property is ideally suited for an end user or builder who recognizes the extraordinary value and potential of constructing a luxury estate in this highly desirable location. Based on recent comparable sales, a newly built residence on this lot could command values exceeding $22 million. Serious inquiries only - owner seeks a knowledgeable buyer who understands the rarity and long-term value of this exceptional property. Features include a solid poured-concrete seawall and dock, complemented by mature tropical landscaping and breathtaking wide-water views.

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976 Banyan Drive, Delray Beach, FL 33483

Price
Price:
$10,900,000.00
Original List Price:
$10,900,000.00
List Price per Sq Ft (Calculated, Approx.):
$3,730.32
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
New Listing
Last Major Update on:
May 13, 2026 5:50 pm
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
3
Full Bath:
2
Half Bath:
1
Room Type:
Dining Room, Family Room, Great Room, Bedroom 2, Bedroom 3, Kitchen, Living Room, Master Bedroom
Rooms Total:
8
Master Bedroom Bath:
Separate Shower, Master Bdrm - Ground
Dining Area:
Formal Dining
Measures
Living Area:
2,922 Sqft
Built-Up Area:
4,366 Sqft
Lot Size Dimensions and Info:
.33
Building Area Source:
Public Records
Living Area Source:
Appraiser
Lot Size Acres:
0.33
Property Features
View from the Property:
Intracoastal
Waterfront:
Yes
Waterfront Features:
Ocean Access, Seawall, No Fixed Bridge, Intracoastal
Frontage Length:
186.03
Private Pool
Swimming Pool Features:
Private, In Ground
Security:
Smoke Detector(s)
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Gas Range, Ice Maker, Water Heater, Tankless Water Heater, Oven, Water Heater Owned
Interior:
Walk-In Closet(s), Kitchen Island, Entrance Foyer, Bar, Wet Bar
Patio and Porch:
Patio, Patio - Covered, Patio - Open
Laundry:
Laundry Room
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Fence:
Fenced
Boat and Dock Features:
Private Dock, Lift
Property Entrance Faces:
West
Construction
Year Built:
1972
Roof:
Tar/gravel, Mansard
Levels:
One
Construction Materials:
CBS
Flooring:
Terrazzo, Slate
Number of stories:
1
Structure Type:
House
Stories:
1
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$11,327.57
Tax Year:
2025
Tax Assessed Value:
$624,540.00
Property Tax Details:
City/County
Parking
Parking Total Spaces:
6
Garage
Garage Spaces:
2
Covered Spaces:
2
Attached Garage
Parking Features:
Driveway, Garage, Garage Door Opener, Circular Driveway, Attached Garage
Utilities
Sewer:
Public Sewer
Electric:
200+ Amp Service
Utilities Available:
Sewer Available, Water Available, Electricity Connected, Propane
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
TROPIC ISLE 2ND SEC
Senior Community:
No
Development Name:
Tropic Isle
Restrictions:
Other Restrictions
Community Dock
Terms
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Close Of Escrow
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
TROPIC ISLE 2ND SECTION LT 183
Real Estate Folio Number (Parcel Number):
12434628020001830
Zoning:
R-1-AA-B (city)
Public Schools Assigned
Elementary School:
Pine Grove
High School:
Boca Raton
Middle Or Junior School:
Boca Raton Community
Listing History
Active on the market since:
May 13, 2026
Listing Agreement executed on:
May 13, 2026
Listing Status Last Changed On:
May 13, 2026 5:50 pm
Photos updated on:
May 13, 2026 5:50 pm
Last Modified:
May 31, 2026 9:09 pm
Additional Information
Courtesy of:
Lehmann Realty Inc.
Attribution:
Not provided
Location
Street Name:
Banyan
Street Number:
976
City:
Delray Beach
State:
Florida
Zip Code:
33483
County:
Palm Beach
Latitude:
N26° 26' 2.5''
Longitude:
W81° 56' 3.5''
Street Suffix:
Drive
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $117,854
Median Home Value $755,700
Median Rent $2,306/mo
Median Age 59
Population 12,595

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Association of REALTORS®
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