Home/Search/870 E Palm Ave E, Boca Raton FL 33432
870 E Palm Ave E, Boca Raton FL 334321 / 14
For Sale
Residential

$2,400,000

870 E Palm Ave E, Boca Raton FL 33432

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About This Property

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 includes an open concept living area, spa inspired primary bath with steam shower, and a full third floor primary suite with a private open sky terrace, delivering the ultimate indoor outdoor lifestyle in one of Boca Raton’s most desirable coastal neighborhoods. Minutes from top rated schools, parks, dining, beaches, and premier lifestyle amenities. Contact for full plans, and development details.

Property Details

MLS #:A12038571
Price:$2,400,000
Status:For Sale
Days on Market:34
Date Listed:Jun 17, 2026
Lot Size:8250 sqft
Lot Acres:0.1894 acres
Property Type:Land/Boat Docks
Property Sub Type:Residential

Window Features:Clear Impact Glass
Virtual Tour:Available

Structure Type:Residential
Lot Features:City Location, Less Than 1/4 Acre Lot, Interior Lot, Other
Lot Size:8250 sqft
Sewer:Public Sewer
Water Source:Municipal Water
Utilities:Electricity Available, Water Available

Area/Region:Boca Raton Por La Mar
Direction Faces:North
Zoning:R1C (cit

Annual Tax Amount:$25,000
Tax Year:2025
Listing Terms:All Cash, Conventional
Possession:Funding
Parcel Number:06434728010000830
Legal Description:BOCA RATONE POR LA MAR LT 83

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Estimated Monthly Payment

$16,219/mo

Principal & Interest$12,136
Property Tax$2,083
Insurance$2,000
Loan Amount$1,920,000
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REsource

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Listing courtesy of Aterra Real Estate Partners, LLC. Data last updated July 21, 2026 at 05:26 PM.