RARE DIRECT INTRACOASTAL REDEVELOPMENT OPPORTUNITY! Approx. .8-acre point/corner waterfront property with approx. 395' of waterfront—145' directly on the Intracoastal and 250' on a wide navigable side canal. Exceptional opportunity for a luxury waterfront estate or potential residential redevelopment. Currently owner occupied, providing the opportunity for continued occupancy while planning future redevelopment. Zoned RM-Multifamily Residential. City water serves the property. Municipal sewer is available at the property and sewer impact fees have been paid. Existing residence offered primarily for land/redevelopment value. All development potential and permitted uses subject to governmental approval and buyer verification. Property experiences seasonal King Tide/high-water conditions. Existing seawall is failing and will require replacement. Two existing septic systems will require abandonment with conversion to municipal sewer. Municipal sewer is available at the property and sewer impact fees have been paid.
RARE DIRECT INTRACOASTAL REDEVELOPMENT OPPORTUNITY! Approx. .8-acre point/corner waterfront property with approx. 395' of waterfront—145' directly on the Intracoastal and 250' on a wide navigable side canal. Exceptional opportunity for a luxury waterfront estate or potential residential redevelopment. Currently owner occupied, providing the opportunity for continued occupancy while planning future redevelopment. Zoned RM-Multifamily Residential. City water serves the property. Municipal sewer is available at the property and sewer impact fees have been paid. Existing residence offered primarily for land/redevelopment value. All development potential and permitted uses subject to governmental approval and buyer verification. Property experiences seasonal King Tide/high-water conditions. Existing seawall is failing and will require replacement. Two existing septic systems will require abandonment with conversion to municipal sewer. Municipal sewer is available at the property and sewer impact fees have been paid.
Beaches MLS #R2620551
May 1, 2016
Listing Removed
—
Feb 17, 2006
Listed
$3,500,000
$2,117/sq ft
Beaches MLS #R2459249
May 2, 2016
Listing Removed
—
Oct 26, 2004
Listed
$3,500,000
$2,117/sq ft
Public Records
Dec 4, 1996
Sold
$261,900
$158/sq ft
Public Records
Jun 21, 1988
Sold
$345,000
$209/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,342 (+3.0%)
2024
$9,070 (+2.4%)
2023
$8,858 (+0.7%)
2022
$8,794 (+0.3%)
2021
$8,765 (+0.6%)
2020
$8,712 (+1.2%)
2019
$8,612 (+5.2%)
2018
$8,184 (+0.8%)
2017
$8,116 (−0.4%)
2016
$8,150 (−2.5%)
2015
$8,359 (−0.3%)
2014
$8,382 (+1.3%)
2013
$8,275 (+0.3%)
2012
$8,248 (+0.9%)
2011
$8,174
Public record
Public record
Zoning
Beds
—
Baths
2
Stories
1
Lot width
15 ft.
Lot depth
250 ft.
Lot size
0.82 Acres
Year renovated
1996
Finished Sq. Ft.
1,877
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,877
Year built
1954
Style
Single Family Residential
County
Palm Beach County
APN
00434604000010400
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 1, 2026.
RM
Multifamily Residential District
The RM district is intended primarily for the development of multiple family dwelling units.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Other
Climate risks
7/10 Flood Factor
Estimated 73-81% 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
7 days above 105° expected this year, 27 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Delray Beach, FL • 33483
Average low and high temperatures (°F)
73
59
76
63
79
67
81
73
87
77
88
78
89
78
90
79
88
78
83
75
80
69
77
66
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
7.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 823 Palmer Rd
$5,937,827
$62K under list price of $6.00M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $425K to $1.4M.