Home in 1117 Waterway Lane, Delray Beach, FL 33483 for sale with MLS# R11155014

Rarely available and exceptionally positioned, this is a truly turnkey opportunity to begin construction on an extraordinary custom coastal residence in one of Delray Beach's most sought-after beachside neighborhoods. Offered is a substantially cleared and prepped 100' x 140' lot with approved building plans and a premier builder already in place, eliminating years of planning, design, and permitting. Thoughtfully designed for single-story living with expansive indoor-outdoor spaces, this offering allows the next owner to step seamlessly into construction while still retaining the freedom to personalize finishes and create a one-of-a-kind retreat just moments from the ocean and Atlantic Avenue. The approved plans envision a beautifully designed single-story home featuring four bedrooms, four full baths, a powder room, private office, and both formal living and family rooms. Soaring lofted, beamed ceilings enhance the sense of volume and light, while the well-considered layout creates distinct yet connected spaces ideal for both everyday living and refined entertaining. At the heart of the home is a chef's kitchen with pantry and oversized island, seamlessly opening to generous outdoor living areas highlighted by a resort-style poolcreating a natural flow between interior comfort and outdoor enjoyment. Every element of the design reflects a thoughtful balance of elegance, functionality, and relaxed coastal living. What makes this opportunity especially compelling is the rare combination of ease and flexibility. All preliminary work has been completed, yet the new owner retains the ability to select finishes and tailor the home to reflect their own visiontransforming an already exceptional plan into a truly personal residence. The property is located on Waterway Lane, a quiet, dead-end street comprised of just ten homes, uniquely nestled between the Intracoastal Waterway and the Atlantic Ocean. This intimate enclave offers exceptional privacy and tranquility while remaining just 1.5 blocks from the beach and four blocks from Atlantic Avenue's celebrated dining, shopping, and cultural offerings. Lost Craft Builders, Delray Beach's premier custom home builder, is poised to bring this residence to life, offering a legacy of superior craftsmanship and timeless quality. Opportunities to build on a cleared lot of this size, on a street this private, with approvals and builder securedwithin Delray's most desirable beachside neighborhoodare extraordinarily rare, making this an exceptional and compelling offering.

📅 View days on the market

Days on the market

1117 Waterway Lane, Delray Beach, FL 33483

Price
Price:
$5,300,000.00
Original List Price:
$5,300,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,293.94
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
New Listing
Last Major Update on:
January 16, 2026 5:50 pm
Rooms Distribution
Bedrooms:
4
Bathrooms Total:
5
Full Bath:
4
Half Bath:
1
Room Type:
Family Room, Den, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Living Room, Master Bedroom
Rooms Total:
8
Master Bedroom Bath:
Master Bdrm - Ground
Measures
Living Area:
4,096 Sqft
Built-Up Area:
5,646 Sqft
Building Area Source:
Plans
Property Features
Waterfront:
No
Private Pool
Swimming Pool Features:
Heated, In Ground
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Refrigerator, Washer, Gas Range, Free-Standing Freezer
Interior:
High Ceilings, Pantry, Walk-In Closet(s), Kitchen Island, Vaulted Ceiling(s), Cathedral Ceiling(s), Bedroom Layout - Split
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
South
Storm Protection Impact Glass:
Complete
Construction
Year Built:
2027
Levels:
Two
Construction Materials:
CBS
Flooring:
Wood
Number of stories:
1
Stories:
1
Property Condition:
To Be Built
Taxes and Expenses
Tax Annual Amount:
$51,480.00
Tax Year:
2025
Property Tax Details:
No Homestead
Parking
Garage
Garage Spaces:
2
Covered Spaces:
2
Attached Garage
Parking Features:
Garage, Garage Door Opener, Attached Garage
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Natural Gas Available, Sewer Available, Water Available
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
WATERWAY LN IN
Senior Community:
No
Restrictions:
No Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
WATERWAY LANE SUB LT 3
Real Estate Folio Number (Parcel Number):
12434616170000030
Zoning:
R-1-AAA
Public Schools Assigned
Elementary School:
Plumosa School Of The Arts K-8
High School:
Atlantic
Listing History
Active on the market since:
January 16, 2026
Listing Agreement executed on:
January 16, 2026
Listing Status Last Changed On:
January 16, 2026 5:50 pm
Photos updated on:
January 16, 2026 6:10 pm
Last Modified:
May 31, 2026 8:06 am
Additional Information
Courtesy of:
Hutchison Real Estate Co
Attribution:
Not provided
Location
Street Name:
Waterway
Street Number:
1117
City:
Delray Beach
State:
Florida
Zip Code:
33483
County:
Palm Beach
Latitude:
N26° 28' 5.2''
Longitude:
W81° 56' 21.8''
Street Suffix:
Lane
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

Want to schedule an in-person or virtual tour? Have questions?

Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question


Mortgage Calculator

Please note: Monthly HOA / Condo Fees Not Included. The calculator shows the listing price as home value. Update all fields at your convenience.

Calculate Your Mortgage Payment

$.00
$.00
6.5
30

Taxes and Insurance

$.00
$.00
%

Financial Analysis

%

%

$

$

$

$

$
Ver la Propiedad Ver la propiedad 1117 Waterway Lane, Delray Beach, FL 33483
This listing can also be located in the MLS system as RX-11155014
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed by the MLS or the real estate broker. ©2026 BeachesMLS, Inc. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.