816 Palm Trail, Delray Beach, FL 33483 (MLS# R10695031)

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

Overview

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.

Listing Details MLS# R10695031

General Property Information

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

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

Contract Information

Comp Sale YN
No
Listing Contract Date
2021-02-24
Original List Price
7700000
LP/Acre
4340228.85

Location and Legal

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

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

Status Change Information

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
Buyer Financing
Conventional
SP/Acre
4114762.41

More Information

Short Sale Details

Short Sale Addendum
No

Buyer Details

Country of Origin
United States

Price Calculations

Original List Price To Close Price
1.05

Originating Details

Originating System Key
20210225022230639645000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Three Phase
Yes

Documents Available

Building Plan
Yes
Plans
Yes
Plat Map
Yes
Survey
Yes

Fencing

Fenced
Yes

Comprehensive Plan Use

Resource Protected
Yes
Suburban
Yes

Current Use

Multi-Family
Yes
Single Family
Yes

Development Status

Unrecorded Plat
Yes

Location of Property

City Location
Yes

Possible Use

Commercial
Yes

Soil Type

Dirt
Yes

Trees

Other
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Natural Gas Available
Yes
Phone Available
Yes
Water Available
Yes

Vegetation

Other
Yes

View

Other
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Trade
Yes

Road Responsibility

Public Maintained Road
Yes

Water Source

Public
Yes

Showing Requirements

Call Listing Agent
Yes

Contingencies

None
Yes

Acreage Description

1 To Less Than 2 Acre Lot
Yes
Listing Office: The Corcoran Group
IDX
Last Updated: January - 11 - 2026
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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