876 Forsyth Street Boca Raton FL 33487

Waterfront
Waterfront
Address
876 Forsyth Street, Boca Raton, FL
Price
$ 3,750,000
Property Attributes
  • MLS#R11169914
  • TypeSingle Family
  • Listing Status Active
  • CountyPalm Beach
  • CityBoca Raton
  • Area4180
  • NeighborhoodBOCA KEYS
  • Zip33487
  • Style
  • Year Built2027
  • Taxes$ 34048
  • Price$ 3,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5121
  • Lot Size0.23 Acres
Data Source:
Beaches MLS (FL)
Property Description

BUILDERS & INVESTOR opportunities to build on a deep-water, 90 ft. frontage lot in Boca Raton are exceedingly rare. Selling only Land and option of Building Plans. Some photos are virtually staged. Boca Raton Florida RARE WATERFRONT PROPERTY - Don't miss this opportunity to secure prime South Florida real estate overlooking the Intracoastal Waterway. This ready-to-build land with new seawall & boat dock stands out in the luxury market with no fixed bridges to the ocean access and a great location in Boca Raton. Build a dream home with every indulgence highlighting the view of the Intracoastal waterway and a lifestyle that blends sun, sophistication, and serenity. Embrace the boating life, the investment potential, and the coastal elegance that this remarkable property offers. Discover an unparalleled waterfront opportunity in Boca Raton's prestigious Boca Keys community. This build-ready 0.23-acre parcel features 90 feet of deep-water frontage and a new 90 foot seawall with a private dock on a wide canal just one lot off the Intracoastal Waterway. It is an ideal canvas for a custom luxury estate of 5,000+ sq ft with a private pool and multi-car garage. 876 Forsyth Street promises the ultimate South Florida lifestyle. Situated on a wide, navigable canal just one lot off the Intracoastal, this property offers direct ocean access with no fixed bridges is a true boater's dream. It features a new 90 foot seawall and a private deep-water dock already in place, capable of accommodating your yacht or sport fishing boat. This existing infrastructure saves significant time and expense in the construction process. With nearly 10,000 sq ft Build-Ready Lot, this 9,932 sq ft (approximately 90 ft. x 110 ft.) of prime land is already cleared and ready for a new home. Utilities are available at the street for easy hookup. The parcel is zoned R-1-B (Single Family Residential) - ideal for designing a custom 5,000+ sq ft estate with a private pool, cabana, multi-car garage, and more. The waterfront property is located East of US-1 in the upscale Boca Keys enclave of northeast Boca Raton, the property sits at the end of a quiet cul-de-sac with no through traffic. The neighborhood has no homeowners association, meaning no fees or design restrictions. You have full creative freedom to build your luxury home exactly as you envision. Living on the water, means embracing an unmatched boating lifestyle. From your private dock, you can explore South Florida's waterways at a moment's notice. Whether it's an early morning paddleboard on the Intracoastal or a weekend voyage to the Bahamas. Deep, navigable water provides quick, direct access to the Atlantic Ocean. The Boca Raton Inlet is only 5 miles away by water, so you can be offshore fishing within minutes. Take a leisurely cruise north along the Intracoastal to Delray Beach's dockside restaurants, or head south to Lake Boca's famous sandbar, a popular lively gathering spot where boaters anchor to socialize and swim in the warm shallows. Beyond its boating appeal, this location provides access to all the conveniences and luxuries of Boca Raton's coveted lifestyle. Downtown Boca's upscale shopping, dining, and cultural attractions are a short drive away. From the luxury boutiques and fine restaurants of Mizner Park to events at the Town Center Mall. Pristine beaches and numerous parks are also just minutes from your door. Families will appreciate the proximity to top-rated schools, and golf enthusiasts can tee off at several nearby championship courses. Boca Raton is renowned for its beautiful landscaping, safety, and affluent yet relaxed atmosphere. Plus, with this property near the city's northern border, you're only about 4 miles south of Delray Beach's famed Atlantic Avenue with a vibrant hub of cafes, art galleries, and nightlife. In short, this locale truly offers the best of both worlds: a peaceful waterfront retreat with easy access to world-class amenities and entertainment in both Boca Raton and Delray Beach Florida. Boca Keys and the surrounding waterfront neighborhoods are experiencing a renaissance of new luxury construction. This trend makes the offering as much about future potential as it is about present-day enjoyment. As an investor or builder, you'll be in great company among multi-million-dollar custom estates being built nearby. Vacant waterfront land in Boca Raton is exceedingly scarce. Only a handful of buildable waterfront lots come to market in any given year, so this property is a truly rare find. Acquiring this parcel means joining an exclusive club of owners with the opportunity to create a brand-new Intracoastal home from the ground up. With no design restrictions holding you back, you have full creative freedom to craft a masterpiece on this lot, whether you envision a sleek modern showpiece or a timeless coastal villa. The generous dimensions can accommodate a sprawling floor plan with over 5,000 sq ft of living space across two levels, plus ample room for garages and resort-style outdoor amenities. Imagine an infinity-edge pool overlooking the water, a spacious dock for your boat and water toys, and panoramic water views from a second-story balcony. Strong market fundamentals support the investment case for this property. Newly built homes of similar size and location often sell in the high seven to eight figures. The high demand for new luxury homes in Boca Raton, combined with the limited supply of waterfront lots, means a well-designed estate here could command a significant premium in the future. Whether you intend to develop and sell for profit or build your dream home to enjoy for years to come, 876 Forsyth Street represents a compelling long-term investment opportunity.

Elementary School Middle School High School
J. C. Mitchell Elementary School Boca Raton Community Middle School Boca Raton High School
Price History
3/9/2026 Listed $3,998,900
3/19/2026 6$3,750,000

General Features

Heating Other
Cooling None
Utilities None
Possession Close Of Escrow,Negotiable
Garage Spaces 4
Construction Materials Other
Pets Allowed No Pet Restrictions,Yes
Year Built 2027
View Canal,Intercoastal
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Navigable Water,No Fixed Bridges,Ocean Access,Seawall
County Palm Beach
New Construction false
Property Type Residential
Association Amenities Trail(s)
Subdivision Name BOCA KEYS
Facing Direction North
Garage Y/N true
Status Active
Directions From I-95 go East on Yamato Road, turn Left onto US-1 North, Turn Right onto Forsyth Street, drive to the end of the street and the land is on the right side.
High School Boca Raton
City Boca Raton
Senior Community Y/N false
MLS Area 4180
Elementary School J. C. Mitchell
Tax Annual Amount 34048.4
Middle/Junior High School Boca Raton Community
Property Condition To Be Built
Virtual Tour https://www.propertypanorama.com/876-Forsyth-Street-Boca-Raton-FL-33487--RX-11169914/unbranded
Standard Status Active
Property Sub Type Additional Single Family Residence
PostalCity Boca Raton
Legal Description BOCA KEYS LT 2 BLK 1

Interior Features

Interior Amenities None
Flooring Other
Furnished Y/N Unfurnished
Air Conditioning Y/N false
Heating Y/N true

Exterior Features

Exterior Amenities None
Parking Features Garage,Open
Lot Features < 1/4 Acre
Lot Size Area 9932
Building Area Total 5121
Lot Dimensions 110 Ft. x 90 Ft.
Lot Size Acres 0.23
Road Surface Type Paved
Waterfront Y/N true
Covered Spaces 4
Road Frontage Type Public Road
Other Equipment None

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 33487

Price
AVG $3.57M
$3.75M
Taxes
AVG $28,112
$34,048
Year Built
AVG 1992
2027

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