Premier Brokers International
198 SE 4th Street, Delray Beach, FL 33483
ActiveBeachesMLS
ActiveMLS® R11065594
$2,100,000

198 SE 4th Street, Delray Beach, FL 33483

Beds
—
Baths
0
Sqft
—
Est. payment$12,735/mo
Home type
Unimproved Land
Year built
—
Lot size
25,700 sqft
Price / sqft
—
HOA
—
Community
MODEL LAND CO SUB OF W 1/2

Property description

Prime Oversized Lot in Growing Coastal Neighborhood - Subdividable Opportunity! Seize this rare opportunity to own a spacious .59-acre lot (155' x 167') in one of Delray Beach's most desirable locations! Just four blocks from downtown Delray Beach and within minutes of the pristine shoreline, this oversized 2.5-lot property offers incredible potential for development. With ample space to subdivide into two separate lots, this is the perfect investment for builders, developers, or those looking to create a private coastal estate. Nestled in a thriving neighborhood experiencing rapid growth, this property presents endless possibilities—whether you envision two luxury residences or a sprawling single-family retreat.

Listing activity

Days on market
567
Listed
Feb 25, 2025
MLS listing updated
Sep 8, 2026
Feed last checked
7 minutes ago

Listed by Curtis Brown · Hampton Real Estate Group

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0
Property

Exterior

View
Garden
Waterfront property
No

Lot

Lot size
25,700 sqft
Lot size (acres)
0.59 acres
Lot dimensions
155 X 167
Zoning
R-1-A - R-1-A-S
Road frontage
Public Road
Construction

Type & style

Home type
Unimproved Land

Materials

Faces
North
Utilities & green energy

Utilities

Electric
Three Phase
Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Community & HOA

Community

Subdivision
MODEL LAND CO SUB OF W 1/2
MLS area
4370
MLS subarea
PB06

Association

Has association
No
Amenities
None
Lease details

Not reported by the listing source.

Location

Area details

City
Delray Beach
County
Palm Beach
ZIP code
33483
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
R11065594
Possession
Close Of Escrow
Original list price
$2,300,000
Parcel number
12434621090010020
Annual property tax
$9,460
Tax year
2024
Tax legal description
MODEL LAND CO SUB OF W 1/2 N 193.50 FT OF ELY 164.23 FT OF WLY 677 FT OF LT 1 LYG E OF & ADJ TO FEC R/W (LESS SE 4TH S
Additional MLS details

Reported by the listing source

Association Amenities
None
Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
County Or Parish
Palm Beach
Days On Market
567
Direction Faces
North
Elementary School
Pine Grove
High School
Atlantic
List Price
2100000
Listing Contract Date
2025-02-25
Lot Size Acres
0.59
Lot Size Dimensions
155 X 167
MLSArea Major
4370
MLSArea Minor
PB06
Middle Or Junior School
Carver Community
Mls Status
Active
On Market Date
2026-05-06
Photos Count
6
Postal Code
33483
Price Change Timestamp
2025-09-03T18:04:07Z
Property Sub Type
Unimproved Land
Property Type
Land & Docks
Road Frontage Type
Public Road
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-05-06T14:34:39Z
Subdivision Name
MODEL LAND CO SUB OF W 1/2
Water Source
Public
Tax Annual Amount
9460
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Feb 25, 2025ListedBeachesMLS$2,300,000
Sep 3, 2025Price reducedBeachesMLS$2,100,000

Public tax history

YearProperty taxesAssessment
2024$9,460—

Payment calculator

Estimated monthly payment$12,735/moIllustrative estimate, not a loan offer.
Principal & interest
$10,896
Property taxes
$788
Insurance
$1,050
Association dues
—

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

MODEL LAND CO SUB OF W 1/2

Delray Beach · Palm Beach County · 33483

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Pine GroveElementary
—
Carver CommunityMiddle
—
AtlanticHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
BeachesMLS

BeachesMLS · Listing courtesy of Hampton Real Estate Group. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.