Address
1117 Waterway Lane, Delray Beach, FL
Price
$ 5,300,000
Property Attributes
  • MLS#RX-11155014
  • TypeSingle Family
  • Listing Status Active
  • CountyPALM BEACH
  • CityDelray Beach
  • Area4140
  • NeighborhoodWaterway Ln In
  • Zip33483
  • Style
  • Year Built2027
  • Taxes$ 51480
  • Price$ 5,300,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage4096
Data Source:
Beaches MLS
Property Description

Rarely available and exceptionally positioned, this is a truly turnkey opportunity to begin construction on an extraordinary custom coastal residence in one of Delray Beach's most sought-after beachside neighborhoods. Offered is a substantially cleared and prepped 100' x 140' lot with approved building plans and a premier builder already in place, eliminating years of planning, design, and permitting. Thoughtfully designed for single-story living with expansive indoor-outdoor spaces, this offering allows the next owner to step seamlessly into construction while still retaining the freedom to personalize finishes and create a one-of-a-kind retreat just moments from the ocean and Atlantic Avenue.The approved plans envision a beautifully designed single-story home featuring four bedrooms, four full baths, a powder room, private office, and both formal living and family rooms. Soaring lofted, beamed ceilings enhance the sense of volume and light, while the well-considered layout creates distinct yet connected spaces ideal for both everyday living and refined entertaining. At the heart of the home is a chef's kitchen with pantry and oversized island, seamlessly opening to generous outdoor living areas highlighted by a resort-style poolcreating a natural flow between interior comfort and outdoor enjoyment. Every element of the design reflects a thoughtful balance of elegance, functionality, and relaxed coastal living. What makes this opportunity especially compelling is the rare combination of ease and flexibility. All preliminary work has been completed, yet the new owner retains the ability to select finishes and tailor the home to reflect their own visiontransforming an already exceptional plan into a truly personal residence. The property is located on Waterway Lane, a quiet, dead-end street comprised of just ten homes, uniquely nestled between the Intracoastal Waterway and the Atlantic Ocean. This intimate enclave offers exceptional privacy and tranquility while remaining just 1.5 blocks from the beach and four blocks from Atlantic Avenue's celebrated dining, shopping, and cultural offerings. Lost Craft Builders, Delray Beach's premier custom home builder, is poised to bring this residence to life, offering a legacy of superior craftsmanship and timeless quality. Opportunities to build on a cleared lot of this size, on a street this private, with approvals and builder securedwithin Delray's most desirable beachside neighborhoodare extraordinarily rare, making this an exceptional and compelling offering.

Price History
1/16/2026 Listed $5,300,000

General Features

Construction CBS
Heating Central
Cooling Central
Utilities Electric,Gas Natural,Public Sewer,Public Water
Possession At Closing,Funding
Parking Garage - Attached
Pets Allowed Yes
Zoning R-1-AAA
HOA None
Number of Garage Spaces 2.00
Status Active
Full Baths 4
Half Baths 1
Year Built 2027
REO No
Subdivision WATERWAY LN IN
Type Single Family Detached
Rooms Den/Office,Family
Property Type A
Area 4140
Auction No
Tax Year 2025
Terms Considered Cash,Conventional
Gated Community No
Short Sale No
Restrict None
Taxes 51480.00
Geo Lat 26.46811
Adult 55+ No Hopa
Governing Bodies None
Membership Fee Required No
Virtual Tour https://www.propertypanorama.com/1117-Waterway-Lane-Delray-Beach-FL-33483--RX-11155014/unbranded
Geo Area PB05
Geo Lon -80.060599
Legal Description WATERWAY LANE SUB LT 3

Interior Features

Interior Amenities Ctdrl/Vault Ceilings,Kitchen Island,Pantry,Split Bedroom,Volume Ceiling,Walk-in Closet
Flooring Tile,Wood Floor
Furnished Y/N Unfurnished
Total Bedrooms 4
Master Bedroom/Bath Mstr Bdrm - Ground
Total Bathrooms 4.10
SqFt - Living 4096.00
Total Floors/Stories 1.00
Equip/Appl Included Auto Garage Open,Dishwasher,Dryer,Freezer,Range - Gas,Refrigerator,Washer

Exterior Features

Lot Description 1/4 to 1/2 Acre
Waterfront No
Waterfront None
Private Pool Y/N Yes
Subdiv. Amenities None
Storm Protection: Impact Glass Complete

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33483

Price
AVG $4.6M
$5.3M
Taxes
AVG $29,660
$51,480
Year Built
AVG 1990
2027

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