Premier Brokers International
976 Banyan Drive, Delray Beach, FL 33483
ActiveBeachesMLS
ActiveMLS® B26028044
$10,900,000

976 Banyan Drive, Delray Beach, FL 33483

Beds
3
Baths
3
Sqft
2,922
Est. payment$62,952/mo
Home type
Single Family Residence
Year built
1972
Lot size
14,375 sqft
Price / sqft
$3,730
HOA
$0/mo
Community
TROPIC ISLE 2ND SEC

Property description

Exceptional opportunity to own one of the largest direct Intracoastal frontage lots in Southern Palm Beach County. This premier waterfront property is ideally suited for an end user or builder who recognizes the extraordinary value and potential of constructing a luxury estate in this highly desirable location. Based on recent comparable sales, a newly built residence on this lot could command values exceeding $22 million. Serious inquiries only — owner seeks a knowledgeable buyer who understands the rarity and long-term value of this exceptional property. Features include a solid poured-concrete seawall and dock, complemented by mature tropical landscaping and breathtaking wide-water views.

Listing activity

Days on market
138
Listed
May 13, 2026
MLS listing updated
Sep 28, 2026
Feed last checked
4 minutes ago

Listed by Ronald Charles Radabaugh · Lehmann Realty Inc.

Map

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

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
3
Bathrooms
3
Bathrooms (decimal)
2.5
Full bathrooms
2
Half bathrooms
1
Main-level bedrooms
2
Main-level bathrooms
3

Rooms & features

Rooms
8
Interior features
Bar, Entrance Foyer, Kitchen Island, Walk-In Closet(s), Wet Bar
Flooring
Slate, Terrazzo
Appliances
Tankless Water Heater, Dishwasher, Disposal, Dryer, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Washer, Water Heater, Water Heater Owned
Laundry
Laundry Room
Fireplace
No
Furnished
Unfurnished

Heating & cooling

Heating
Central, Electric
Cooling
Central Air, Electric
Property

Parking

Garage spaces
2
Garage
Yes
Carport
No
Parking spaces
6
Covered spaces
2
Parking features
Attached Garage, Circular Driveway, Driveway, Garage, Garage Door Opener
Attached garage
Yes

Exterior

Stories
1
Building area
4,366 sqft
Patio & porch
Patio - Open, Patio - Covered, Patio
Fencing
Fenced
Pool
Yes
Pool features
In Ground, Private
View
Intracoastal
Waterfront
No Fixed Bridge, Ocean Access, Intracoastal, Seawall
Waterfront property
Yes

Lot

Lot size
14,375 sqft
Lot size (acres)
0.33 acres
Lot dimensions
.33
Zoning
R-1-AA-B (city)
Construction

Type & style

Home type
Single Family Residence
Structure type
House
Year built
1972
New construction
No

Materials

Construction
CBS
Roof
Mansard, Tar/Gravel
Property condition
Resale
Levels
One
Faces
West
Utilities & green energy

Utilities

Electric
200+ Amp Service
Sewer
Public Sewer
Water
Public
Utilities
Electricity Connected, Sewer Available, Water Available, Propane
Community & HOA

Community

Subdivision
TROPIC ISLE 2ND SEC
MLS area
4230
MLS subarea
PB06
Security
Smoke Detector(s)
Pets allowed
No Restrictions, Yes
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
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
B26028044
Possession
Close Of Escrow
Original list price
$10,900,000
Parcel number
12434628020001830
Annual property tax
$11,327.57
Tax year
2025
Assessed value
$624,540
Tax legal description
TROPIC ISLE 2ND SECTION LT 183
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
2.5
Bathrooms Total Integer
3
Building Area Total
4366
Construction Materials
CBS
County Or Parish
Palm Beach
Days On Market
138
Direction Faces
West
Elementary School
Pine Grove
High School
Boca Raton
Laundry Features
Laundry Room
List Price
10900000
Listing Contract Date
2026-05-13
Living Area
2922
Lot Size Acres
0.33
Lot Size Area
14374.8
Lot Size Dimensions
.33
MLSArea Major
4230
MLSArea Minor
PB06
Main Level Bathrooms
3
Main Level Bedrooms
2
Middle Or Junior School
Boca Raton Community
Mls Status
Active
On Market Date
2026-05-13
Parking Total
6
Patio And Porch Features
Patio - Open, Patio - Covered, Patio
Photos Count
22
Postal Code
33483
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
8
Security Features
Smoke Detector(s)
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-05-13T17:50:48Z
Stories Total
1
Subdivision Name
TROPIC ISLE 2ND SEC
Tax Assessed Value
624540
Water Source
Public
Waterfront Features
No Fixed Bridge, Ocean Access, Intracoastal, Seawall
Tax Annual Amount
11327.57
Bathrooms Full
2
Pool Private
Yes
Bedrooms Total
3
Bathrooms Half
1

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
May 13, 2026ListedBeachesMLS$10,900,000$3,730/sqft

Public tax history

YearProperty taxesAssessment
2025$11,328$624,540

Payment calculator

Estimated monthly payment$62,952/moIllustrative estimate, not a loan offer.
Principal & interest
$56,558
Property taxes
$944
Insurance
$5,450
Association dues
$0

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

TROPIC ISLE 2ND SEC

Delray Beach · Palm Beach County · 33483

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

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

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BeachesMLS

BeachesMLS · Listing courtesy of Lehmann Realty Inc.. 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.