870 E Palm Avenue E, Boca Raton, FL 33432

$2,400,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12038571

Property Type: Land & Docks Lot Size (sq. ft.): 8,250 Status: Active

Current Price: $2,400,000 List Date: 6/17/2026 Last Modified: 7/21/2026

Overview

Description

Attention developers and builders. Rare turnkey development opportunity in Boca Raton’s prestigious Por La Mar, located on the barrier island just steps from the beach. Two side by side residential lots are available with plans ready for permit submittal, offering meaningful time savings and a more streamlined path to construction. No HOA. Purchase one lot or secure both together for stronger value, greater flexibility, and maximum upside in a prime coastal location. Introducing Villa Luna, Lot 83, a premier offering that includes the lot plus architectural plans ready for permit submittal for a stunning modern estate. The proposed 3 story residence offers 7,397 square feet under A/C, plus an additional 1,670 square feet, for a total of 9,068 square feet. The home features 6 bedrooms, 8 bathrooms, a 3 car garage, elevator, resort style pool and spa, private cabana, expansive summer living areas, and a butler’s kitchen designed for elevated entertaining. The envisioned floor plan in ... (Read more)

Listing Details MLS# A12038571

General Property Information

Property Sub Type: Unimproved Land
Number Of Lots: Yes
Lot Size Acres: 0.19
Lot Size Square Feet: 8250
Lot Size Dimensions: 8250
Additional Parcels YN: Yes
Additional Parcels Description: 2nd Parcel ID LOT83-Villas Luna
Direction Faces: North
LP/SqFt: 290.91

Property Features

Current Use: Residential; Single Family; Other Development Status: Raw Land Location of Property: City Location Other Structures: None Possession: Negotiable Sewer: Public Sewer Special Information: Flood Zone Trees: None Utilities: Electricity Available; Water Available Listing Terms: Cash; Conventional Lot Features: Interior Lot; Other Water Source: Public Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 2400000
LP/Acre: 12671594.51

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 870
Street Direction Prefix: E
Street Name: Palm
Street Suffix: Avenue
Street Direction Suffix: E
City Name: Boca Raton
State Or Province: FL
Postal Code: 33432
Postal Code +4: 5122
Postal Zip: 33432
Subdivision Name: BOCA RATON POR LA MAR
Development Name: Villa Luna Lot 83
Area: 4160
Geographic Area: PB03
Elementary School: Boca Raton
Middle Or Junior School: Boca Raton Community
High School: Boca Raton
Parcel Number: 06434728010000830
Subdivision Number: Yes
Zoning: R1C (cit
Flood Zone: AE

Financial Information

Tax Year: 2025
Tax Annual Amount: 25000
Tax Legal Description: BOCA RATONE POR LA MAR LT 83
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-06-17T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-06-17

More Information

Price Calculations

Current Price To SqFt: 290.89

Section Details

Parcel Number MLX: 0830

Originating Details

Originating System Key: 514053326
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Current Use

Residential: Yes
Single Family: Yes
Other: Yes

Development Status

Raw Land: Yes

Location of Property

City Location: Yes

Other Structures

None: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Special Information

Flood Zone: Yes

Trees

None: Yes

Utilities

Electricity Available: Yes
Water Available: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Interior Lot: Yes
Other: Yes

Water Source

Public: Yes

Showing Requirements

Call Listing Agent: Yes

Listing Office: Aterra Real Estate Partners, LLC

Last Updated: July - 21 - 2026

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