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816 Palm Trail, Delray Beach, FL 33483

$7,300,000
Property Type: Land & Docks Lot Size (sq. ft.): 77,281 Status: Closed
Current Price: $7,300,000 List Date: 2/25/2021 Last Modified: 1/11/2026

Description

Spectacular Development Opportunity To Build 11 Luxury Homes Designed By Delray's renowned Richard Jones Architecture.Each Home Roughly 3600 sq. ft. Under Air, including Lanai, Pool, Balconies, Two Car Garage. Site is recently platted, lots are 50 x 150, on the last sizeable building site in rapidly booming George Bush, Palm Trail Intracoastal neighborhood.

More Information MLS# R10695031

Contract Information

Comp Sale YN: No LP/Acre: 4340228.85 Listing Date: 2021-02-24 Status: Closed Original List Price: 7700000 Sold Price: $7,300,000 Current Price: $7,300,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Delray Beach Postal Zip: 33483 Geographic Area: PB06 Multiple Offers Accepted: Yes Street Number: 816 Street Name: Palm Street Suffix: Trail State Or Province: FL Postal Code: 33483 Subdivision Name: FREY SOPHIA ADD TO DELRAY Area: 4220 Parcel Number: 12434609160050040 Zoning: RM-10( Directions: Federal Hwy., right to George Bush, left at Palm Trail, 2 blocks on left

General Property Information

Number Of Lots: 11 Minimum Livable Area: 22778 LP/SqFt: 99.64 Property Sub Type: Unimproved Land Lot Size Acres: 1.77 Lot Size Square Feet: 77281 Direction Faces: East

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Conventional SP/Acre: 4114762.41 Major Change Timestamp: 2021-05-06T16:01:12Z Major Change Type: Status Change Status Change Date: 2021-05-06 Under Contract Date: 2021-03-02 Close Date: 2021-05-03 Close Price: 7300000

Electric

Three Phase: 1

Short Sale Details

Short Sale Addendum: No

Documents Available

Building Plan: 1 Plans: 1 Plat Map: 1 Survey: 1

Fencing

Fenced: 1

Comprehensive Plan Use

Resource Protected: 1 Suburban: 1

Current Use

Multi-Family: 1 Single Family: 1

Development Status

Unrecorded Plat: 1

Location of Property

City Location: 1

Possible Use

Commercial: 1

Soil Type

Dirt: 1

Trees

Other: 1

Utilities

Cable Available: 1 Electricity Available: 1 Natural Gas Available: 1 Phone Available: 1 Water Available: 1

Vegetation

Other: 1

View

Other: 1

Listing Terms

Cash: 1 Conventional: 1 Trade: 1

Road Responsibility

Public Maintained Road: 1

Water Source

Public: 1

Showing Requirements

Call Listing Agent: 1

Contingencies

None: 1

Price Calculations

Current Price To SqFt: 320.48 Original List Price To Close Price: 1.05

Acreage Description

1 To Less Than 2 Acre Lot: 1

Financial Information

Tax Year: 2020 Tax Annual Amount: 81559 Tax Legal Description: SOPHIA FREY ADD LOTS 4 TO 9 INC & W 1/2 OF ABNDED ALLEY LYG ELY & ADJ TO,LOTS 13 TO 17 INC & E 1/2 OF ABNDED ALLEY LYG W

Originating Details

Originating System Key: 20210225022230639645000000 Originating System ID: M00000170

Property Features

Comprehensive Plan Use: Resource Protected; Suburban Current Use: Multi-Family; Single Family Development Status: Unrecorded Plat Documents Available: Building Plan; Plans; Plat Map; Survey Electric: Three Phase Fencing: Fenced Location of Property: City Location Possible Use: Commercial Soil Type: Dirt Trees: Other Utilities: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Water Available Vegetation: Other View: Other Listing Terms: Cash; Conventional; Trade Road Responsibility: Public Maintained Road Water Source: Public Showing Requirements: Call Listing Agent Contingencies: None Acreage Description: 1 To Less Than 2 Acre Lot
Listing Office: Delray One Realty
Last Updated: January - 11 - 2026
816 Palm Trail, Delray Beach, FL 33483- MLS# R10695031
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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