Tucked away on a quiet cul-de-sac within Boca Keys, this premier deepwater homesite presents an exceptional opportunity to build a custom waterfront estate in one of Boca Raton's most coveted boating communities. This 9,932 sq. ft. parcel (approximately 90 ft. x 110 ft.) is cleared and ready for construction, with utilities available at the street for easy hookup. Zoned R-1-B (Single-Family Residential), the property is ideal for designing a custom 5,000+ sq. ft. luxury residence. Boasting approximately 90 feet of water frontage, a newly constructed seawall, and a substantial concrete dock capable of accommodating up to a 70-foot vessel, it is perfectly suited for those who appreciate life on the water. Situated with no fixed bridges and direct ocean access, enjoy effortless navigation to the Intracoastal Waterway in minutes and reach Lake Boca and the Boca Inlet in approximately five miles. Southeastern backyard exposure enhances the waterfront setting. Ideally located just four miles from downtown Boca Raton and moments from world-class dining, shopping, private aviation, pristine beaches, and premier golf and country clubs, this rare offering delivers the ultimate blend of luxury, privacy, convenience, and an unparalleled South Florida boating lifestyle. Some images have been virtually rendered or staged to illustrate the potential of a future custom residence. Price is for land only.
Single-familyProperty Type
2027Year Built
9,932 sq ftLot Size
$563Price/Sq.Ft.
4 garage spacesParking
Listed by Anastasia Goldberg• One Sotheby's International Realty
Northeast Boca Raton, located between the Intracoastal Waterway and I-95, is a coastal and residential Boca Raton neighborhood with canal-lined streets and beach-close parks. The neighborhood’s character concentrates around Palmetto Park Road and Federal Highway, where sidewalk cafes, galleries, and independent boutiques set a polished, walkable rhythm. Cultural pillars include the Boca Raton Museum of Art, Mizner Park Amphitheater, and the Wick Theatre & Costume Museum. Architecture ranges from mid-century ranch homes to contemporary rebuilds, with palms and low walls shaping the streetscape. Spanish River Park and Red Reef Park frame daily routines with dunes, picnic lawns, and ocean views. Waterfront pockets near Lake Wyman and the Intracoastal bring docks, paddle routes, and a breezy, outdoors-forward pace.
Provided by Walk Score and Local Logic
Market insights
876 Forsyth St · $3,499,999
DAYS ON MARKET
102 days
The average home goes pending in 71 days.
SALE-TO-LIST
95.9%
Most homes are selling 4% below list price.
LIST PRICE
$3,499,999
Median list price in this area is $652,527. (81% lower than this home)
PRICE DROP
0 price drops
17% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Unfurnished
No notable interior features reported
Flooring
Other flooring
Heating & cooling
Has heating (type not specified)
Exterior features
Located on a cul-de-sac
Room for a pool
Ocean access and Intracoastal access
No fixed bridge
Paved public road frontage (East of US-1)
110 ft x 90 ft lot dimensions
Home design
Single-family residence
To be built
One story
Faces north
Parking
Attached garage with 4 garage spaces
Total parking for 6 vehicles
Covered parking for 4 vehicles
Open parking areas
Construction
Construction materials: Other
Roof: Other
Building area approximately 6,214 - 6,500 (sources vary)
Utilities
Public water
Public sewer
Electricity available
Other
Pets allowed with no restrictions
Electricity and solar
View estimated energy costs and solar savings for this home
Tucked away on a quiet cul-de-sac within Boca Keys, this premier deepwater homesite presents an exceptional opportunity to build a custom waterfront estate in one of Boca Raton's most coveted boating communities. This 9,932 sq. ft. parcel (approximately 90 ft. x 110 ft.) is cleared and ready for construction, with utilities available at the street for easy hookup. Zoned R-1-B (Single-Family Residential), the property is ideal for designing a custom 5,000+ sq. ft. luxury residence. Boasting approximately 90 feet of water frontage, a newly constructed seawall, and a substantial concrete dock capable of accommodating up to a 70-foot vessel, it is perfectly suited for those who appreciate life on the water. Situated with no fixed bridges and direct ocean access, enjoy effortless navigation to the Intracoastal Waterway in minutes and reach Lake Boca and the Boca Inlet in approximately five miles. Southeastern backyard exposure enhances the waterfront setting. Ideally located just four miles from downtown Boca Raton and moments from world-class dining, shopping, private aviation, pristine beaches, and premier golf and country clubs, this rare offering delivers the ultimate blend of luxury, privacy, convenience, and an unparalleled South Florida boating lifestyle. Some images have been virtually rendered or staged to illustrate the potential of a future custom residence.
Beaches MLS #B26041210
Jun 15, 2026
Listed
$3,499,999
$563/sq ft
Beaches MLS #R11169914
May 31, 2026
Listing Removed
—
Mar 19, 2026
Price Changed
$3,750,000
$603/sq ft
Mar 8, 2026
Listed
$3,998,900
$644/sq ft
Beaches MLS #R11146601
May 31, 2026
Listing Removed
—
Mar 19, 2026
Price Changed
$3,749,900
$603/sq ft
Feb 19, 2026
Price Changed
$3,974,900
$640/sq ft
Jan 29, 2026
Price Changed
$3,998,900
$644/sq ft
Jan 13, 2026
Price Changed
$4,250,000
$684/sq ft
Dec 9, 2025
Listed
$4,500,000
$724/sq ft
Beaches MLS #R11104907
Nov 1, 2025
Listing Removed
—
Aug 17, 2025
Price Changed
$4,899,900
$789/sq ft
Jul 4, 2025
Listed
$5,000,000
$805/sq ft
Public Records
Nov 24, 2021
Sold
$209,000
$34/sq ft
Beaches MLS #R10759992
Nov 24, 2021
Sold
$2,090,000
$336/sq ft
Nov 19, 2021
Listing Removed
—
Nov 19, 2021
Listed
$2,090,000
$336/sq ft
Beaches MLS #R10730468
Oct 9, 2021
Listing Removed
—
Sep 25, 2021
Price Changed
$2,199,000
$354/sq ft
Jul 12, 2021
Listed
$2,450,000
$394/sq ft
Public Records
Jun 11, 2021
Sold
$1,610,000
$259/sq ft
Public Records
May 1, 1985
Sold
$255,000
$41/sq ft
Public Records
Aug 1, 1980
Sold
$149,900
$24/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$34,048 (+5.2%)
2024
$32,366 (+6.2%)
2023
$30,477 (+8.9%)
2022
$27,978 (+295.8%)
$1,489,208 + $84,716
$1,573,924
2021
$7,068 (+1.5%)
2020
$6,962 (−0.3%)
2019
$6,985 (+7.0%)
2018
$6,530 (+0.8%)
2017
$6,476
2016
$6,474 (−2.4%)
2015
$6,633 (−0.4%)
2014
$6,658 (+1.3%)
2013
$6,571 (+0.3%)
2012
$6,554 (+2.1%)
2011
$6,419
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
90 ft.
Lot depth
—
Lot size
9,930 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Other
County
Palm Beach County
APN
06434704060010020
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 21, 2026.
R1B
Single-Family Residential Districts
The purpose, intent and methods underlying the comprehensive zoning plan of the city are set forth in section 28-3, and the same are hereby declared applicable to this article and are herewith restated and reaffirmed and made part hereof. It is further declared the intent and purpose of this article to provide and protect suitable locations and good environments for a cross section of single-family housing types and accommodations including those for lower middle income groups, which are needed and marketable in the several single-family residential districts of this city, and to provide reasonable opportunity for owner occupancy of individual single-family residential units.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Wastewater treatment
Water cleansing
Storage
And conveyance
Recreation
Park & open space
Climate risks
6/10 Flood Factor
Estimated 50-61% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
6 days above 106° expected this year, 21 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Boca Raton, FL • 33487
Average low and high temperatures (°F)
75
59
77
61
81
66
83
71
88
76
89
78
92
78
93
78
90
77
85
75
82
68
79
65
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 6.9 hours in December, placing it above the
U.S. average for solar exposure.
9.2 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 876 Forsyth St
$3,038,619
$461K under list price of $3.50M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $550K to $5.6M.