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$8,950,000

Las Palmas — Delray Beach

5 bd · 8 ba · 7,796 sqft · Unfurnished · Built 2028 · Pets: Yes, No Restrictions
1 Fisher Lane, Delray Beach, FL 33483
MLS# R11167455

A rare and extraordinary opportunity awaits on the direct channel of the Intracoastal Waterway in the Palm Trail neighborhood of Delray Beach, less than one mile from the vibrant energy of Atlantic Avenue. This offering represents the premier waterfront parcel itself, featuring shovel-ready architectural plans which are currently approximately 90% through the approval process, creating a well-defined opportunity to bring a future residence to life. Encompassing over half an acre along what is widely regarded as one of the most exclusive and private streets in Delray Beach, this exceptional property delivers rare scale, direct waterfront exposure, and unmatched privacy. A home currently exists on the site; however, the opportunity is being presented primarily as a premier waterfront lot with architectural plans, allowing the next owner to either move forward with the existing design, or create their own custom vision for this extraordinary setting. With 101 feet of direct Intracoastal frontage and private boat dock, this property delivers immediate waterfront enjoyment while offering the opportunity to create a future estate of distinction. Boaters will appreciate the effortless ocean access with no fixed bridges, all while enjoying sweeping views of the wide main channel. Nestled on a quiet street of only four homes, 1 Fisher is truly unique and exceptionally private - a rare enclave setting just moments from the best of Delray Beach. Included with the sale of the land will be thoughtfully designed, fully approved plans for a spectacular estate residence featuring: * 10,808 Total Square Feet; 7,796 Living Square Feet * 5 Bedrooms + Upper-Level Salon * 6 Full Baths + 1 Power Room and 1 Pool Bath * State-of-the-art chef's kitchen appointed with a walk-in butler's pantry and a private wine room designed for curated collections. * Refined multi-level living areas designed for privacy, comfort, and sophisticated entertaining. * Grand lower-level primary suite with an intimate waterfront sitting area designed for quiet retreat. * Luxurious primary bathroom suite showcasing a refined spa-inspired design and customizable wellness features including steam and sauna capability. * Custom-appointed elevator. * Showcase-worthy four-car garage, designed with lift-capable ceiling heights, creating the opportunity to accommodate an eight-car collection. Designed for seamless indoor-outdoor living, the plans also showcase: * Multiple covered lanais complemented by a bespoke summer kitchen, offering seamless alfresco dining curated for elevated outdoor gatherings. * Resort caliber infinity-edge pool and spa meticulously designed for the ultimate privacy and serenity. * Multiple private terraces and balconies positioned to capture unobstructed panoramic views of the main Intracoastal channel. All site surveys, soil tests, development entitlements, and preliminary plans - including floorplans, site plan, and basic civil engineering - are transferable to the new owner. The buyer will be responsible for demolition of existing structure, completing final construction drawings, MEP engineering, and final civil engineering prior to building permit submission. Bring the included vision to life or collaborate with your architect to create a fully custom masterpiece tailored to your preferences. Builder is optional, with the opportunity to work with Delray Beach's Formative Builders, or select your own team. This is more than a homesite - it is a generational waterfront offering in one of South Florida's most coveted locations, moments from world-class dining, shopping, beaches, and the ultimate coastal lifestyle.

Costs and association

Property tax was $27,349 in 2025. Ownership is subject to no restrictions.

Annual property tax
$27,349 (2025)
Restrictions
No Restrictions
Pets
Yes, No Restrictions
Gated community
No
Age-restricted community
No

Building and exterior

Built in 2028, in a 2-storey building. Construction is Concrete and CBS. Parking includes a 4-bay garage, with circular driveway. There is a private pool. The property is waterfront, with no fixed bridge, ocean access and seawall. The outlook takes in the pool and the intracoastal.

Floors in building
2
Year built
2028
Total building area
10,808 sq ft
Lot size
0.51 acres
Garage
4 bays
Parking
Circular Driveway, Garage, Attached Garage
Private pool
Yes
View
Pool, Intracoastal
Waterfront
Yes
Waterfront detail
No Fixed Bridge, Ocean Access, Seawall, Intracoastal
Faces
West
Construction
Concrete, CBS
Exterior features
Custom Lighting, Pool Bathroom, Balcony

Interior and finishes

Finished in ceramic tile and other. Climate control is central air and electric with central and electric heat. The plan runs to 15 rooms with 6 full bathrooms and 2 half baths. Interior features include entrance foyer, elevator and high ceilings.

Bedrooms
5
Full bathrooms
6
Half bathrooms
2
Total rooms
15
Living area
7,796 sq ft
Flooring
Ceramic Tile, Other
Interior features
Entrance Foyer, Elevator, High Ceilings, Kitchen Island, Pantry, Wet Bar, Walk-In Closet(s), Bedroom Layout - Split, Upstairs Living Area
Appliances
Cooktop, Dryer, Disposal, Dishwasher, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Furnished
Unfurnished
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Den, Dining Room, Family Room, Game Room, Great Room, Kitchen, Laundry, Living Room, Master Bedroom, Convertible Bedroom, Other

Location and market

Listed on 28 Feb 2026, and on the market 169 days. The price has come down from $11,000,000. Assigned schools are Plumosa School of the Arts K-8, Carver Community and Atlantic.

Date listed
28 Feb 2026
Days on market
169
Original list price
$11,000,000
Price per sq ft
$1,314.77
Elementary school
Plumosa School of the Arts K-8
Middle school
Carver Community
High school
Atlantic
Utilities
Cable Available, Sewer Available, Water Available
Sewer
Public Sewer
Directions
George Bush Blvd., head south on NE 8th Avenue; turn left on NE 5th Street; right on Fisher Lane. First driveway on left.
Photographs
3

Inquire about this home

Courtesy of The Corcoran Group. Listing data via BeachesMLS IDX. Information deemed reliable but not guaranteed.

Location

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