Home in 876 Forsyth Street, Boca Raton, FL 33487 for sale with MLS# R11169914

BUILDERS & INVESTOR opportunities to build on a deep-water, 90 ft. frontage lot in Boca Raton are exceedingly rare. Selling only Land and option of Building Plans. Some photos are virtually staged. Boca Raton Florida RARE WATERFRONT PROPERTY - Don't miss this opportunity to secure prime South Florida real estate overlooking the Intracoastal Waterway. This ready-to-build land with new seawall & boat dock stands out in the luxury market with no fixed bridges to the ocean access and a great location in Boca Raton. Build a dream home with every indulgence highlighting the view of the Intracoastal waterway and a lifestyle that blends sun, sophistication, and serenity. Embrace the boating life, the investment potential, and the coastal elegance that this remarkable property offers. Discover an unparalleled waterfront opportunity in Boca Raton's prestigious Boca Keys community. This build-ready 0.23-acre parcel features 90 feet of deep-water frontage and a new 90 foot seawall with a private dock on a wide canal just one lot off the Intracoastal Waterway. It is an ideal canvas for a custom luxury estate of 5,000+ sq ft with a private pool and multi-car garage. 876 Forsyth Street promises the ultimate South Florida lifestyle. Situated on a wide, navigable canal just one lot off the Intracoastal, this property offers direct ocean access with no fixed bridges is a true boater's dream. It features a new 90 foot seawall and a private deep-water dock already in place, capable of accommodating your yacht or sport fishing boat. This existing infrastructure saves significant time and expense in the construction process. With nearly 10,000 sq ft Build-Ready Lot, this 9,932 sq ft (approximately 90 ft. x 110 ft.) of prime land is already cleared and ready for a new home. Utilities are available at the street for easy hookup. The parcel is zoned R-1-B (Single Family Residential) - ideal for designing a custom 5,000+ sq ft estate with a private pool, cabana, multi-car garage, and more. The waterfront property is located East of US-1 in the upscale Boca Keys enclave of northeast Boca Raton, the property sits at the end of a quiet cul-de-sac with no through traffic. The neighborhood has no homeowners association, meaning no fees or design restrictions. You have full creative freedom to build your luxury home exactly as you envision. Living on the water, means embracing an unmatched boating lifestyle. From your private dock, you can explore South Florida's waterways at a moment's notice. Whether it's an early morning paddleboard on the Intracoastal or a weekend voyage to the Bahamas. Deep, navigable water provides quick, direct access to the Atlantic Ocean. The Boca Raton Inlet is only 5 miles away by water, so you can be offshore fishing within minutes. Take a leisurely cruise north along the Intracoastal to Delray Beach's dockside restaurants, or head south to Lake Boca's famous sandbar, a popular lively gathering spot where boaters anchor to socialize and swim in the warm shallows. Beyond its boating appeal, this location provides access to all the conveniences and luxuries of Boca Raton's coveted lifestyle. Downtown Boca's upscale shopping, dining, and cultural attractions are a short drive away. From the luxury boutiques and fine restaurants of Mizner Park to events at the Town Center Mall. Pristine beaches and numerous parks are also just minutes from your door. Families will appreciate the proximity to top-rated schools, and golf enthusiasts can tee off at several nearby championship courses. Boca Raton is renowned for its beautiful landscaping, safety, and affluent yet relaxed atmosphere. Plus, with this property near the city's northern border, you're only about 4 miles south of Delray Beach's famed Atlantic Avenue with a vibrant hub of cafes, art galleries, and nightlife. In short, this locale truly offers the best of both worlds: a peaceful waterfront retreat with easy access to world-class amenities and entertainment in both Boca Raton and Delray Beach Florida. Boca Keys and the surrounding waterfront neighborhoods are experiencing a renaissance of new luxury construction. This trend makes the offering as much about future potential as it is about present-day enjoyment. As an investor or builder, you'll be in great company among multi-million-dollar custom estates being built nearby. Vacant waterfront land in Boca Raton is exceedingly scarce. Only a handful of buildable waterfront lots come to market in any given year, so this property is a truly rare find. Acquiring this parcel means joining an exclusive club of owners with the opportunity to create a brand-new Intracoastal home from the ground up. With no design restrictions holding you back, you have full creative freedom to craft a masterpiece on this lot, whether you envision a sleek modern showpiece or a timeless coastal villa. The generous dimensions can accommodate a sprawling floor plan with over 5,000 sq ft of living space across two levels, plus ample room for garages and resort-style outdoor amenities. Imagine an infinity-edge pool overlooking the water, a spacious dock for your boat and water toys, and panoramic water views from a second-story balcony. Strong market fundamentals support the investment case for this property. Newly built homes of similar size and location often sell in the high seven to eight figures. The high demand for new luxury homes in Boca Raton, combined with the limited supply of waterfront lots, means a well-designed estate here could command a significant premium in the future. Whether you intend to develop and sell for profit or build your dream home to enjoy for years to come, 876 Forsyth Street represents a compelling long-term investment opportunity.

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876 Forsyth Street, Boca Raton, FL 33487

Price
Price:
$3,750,000.00
Original List Price:
$3,998,900.00
List Price per Sq Ft (Calculated, Approx.):
$780.88
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Price Reduced
Last Major Update on:
March 19, 2026 2:32 pm
Rooms Distribution
Room Type:
Kitchen, Living Room, Master Bedroom
Rooms Total:
3
Measures
Living Area:
5,121 Sqft
Built-Up Area:
5,121 Sqft
Lot Area:
10,018.80 Sqft
Lot Size Dimensions and Info:
110 Ft. x 90 Ft.
Building Area Source:
Other
Lot Size Acres:
0.23
Property Features
View from the Property:
Canal, Intracoastal
Waterfront:
Yes
Waterfront Features:
Ocean Access, Navigable Water, Seawall, No Fixed Bridges, No Fixed Bridge
Furnished:
Unfurnished
Heating
Heating System:
Other
Boat and Dock Features:
Private Dock
Boat Dock Accommodates:
Up To 70 Ft Boat
Property Entrance Faces:
North
Construction
Year Built:
2027
Levels:
Two
Construction Materials:
Other
Flooring:
Other
Number of stories:
0
Stories:
0
Road Frontage Type:
Public Road, East of US-1
Property Condition:
To Be Built
Taxes and Expenses
Tax Annual Amount:
$34,048.4
Tax Year:
2025
Property Tax Details:
City/County, No Homestead, Land Only
Parking
Garage
Garage Spaces:
4
Covered Spaces:
4
Parking Features:
Garage, Open
Community
Pets Allowed?:
Yes, No Restrictions
Amenities Provided by the Homeowner's Association (HOA):
Jogging Path
Subdivision Name:
BOCA KEYS
Senior Community:
No
Development Name:
Boca Keys
Restrictions:
No Restrictions
Membership Details:
No Membership Available
Community Dock
Terms
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Negotiable, Close Of Escrow
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
BOCA KEYS LT 2 BLK 1
Real Estate Folio Number (Parcel Number):
06434704060010020
Zoning:
R1B(ci
Public Schools Assigned
Elementary School:
Lakeside
High School:
Boca Raton
Middle Or Junior School:
Boca Raton Community
Listing History
Active on the market since:
March 9, 2026
Listing Agreement executed on:
March 8, 2026
Price change occurred on:
March 19, 2026 2:32 pm
Listing Status Last Changed On:
March 9, 2026 2:29 am
Photos updated on:
April 5, 2026 11:59 pm
Last Modified:
April 5, 2026 11:59 pm
Additional Information
Courtesy of:
EXP Realty LLC
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
Forsyth
Street Number:
876
City:
Boca Raton
State:
Florida
Zip Code:
33487
County:
Palm Beach
Latitude:
N26° 24' 19.1''
Longitude:
W81° 55' 48.5''
Street Suffix:
Street
Property Map

Neighborhood Stats

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

Median Household Income $93,816
Median Home Value $573,100
Median Rent $2,382/mo
Median Age 53
Population 20,848

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This listing can also be located in the MLS system as RX-11169914
Association of REALTORS®
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