by Global Lifestyle Properties

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$3,499,999
● House - For Sale

876 Forsyth Street

Boca Raton, FL 33487
bedrooms
Studio
bathrooms
0 Bath
square feet
6,214 Ft²
$20,023
Est. Monthly

About This Property

Tucked away on a quiet cul-de-sac within Boca Keys, this premier deepwater homesite presents an exceptional opportunity to build a custom waterfront estate in one of Boca Raton's most coveted boating communities. This 9,932 sq. ft. parcel (approximately 90 ft. x 110 ft.) is cleared and ready for construction, with utilities available at the street for easy hookup. Zoned R-1-B (Single-Family Residential), the property is ideal for designing a custom 5,000+ sq. ft. luxury residence. Boasting approximately 90 feet of water frontage, a newly constructed seawall, and a substantial concrete dock capable of accommodating up to a 70-foot vessel, it is perfectly suited for those who appreciate life on the water.  Situated with no fixed bridges and direct ocean access, enjoy effortless navigation to the Intracoastal Waterway in minutes and reach Lake Boca and the Boca Inlet in approximately five miles. Southeastern backyard exposure enhances the waterfront setting. Ideally located just four miles from downtown Boca Raton and moments from world-class dining, shopping, private aviation, pristine beaches, and premier golf and country clubs, this rare offering delivers the ultimate blend of luxury, privacy, convenience, and an unparalleled South Florida boating lifestyle. Some images have been virtually rendered or staged to illustrate the potential of a future custom residence. Price is for land only.
Unit Size
6,214 Ft²
Days on Market
123 days
Land Size
0.23 acres
Price per sqft
$563
Property Type
House
Property Taxes
$2,837
HOA Dues
-
Year Built
1964

Listed By

Anastasia Goldberg
One Sotheby's International Realty

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Last updated: 4 months ago (Beaches MLS #B26041210)

Price History

Date / Event Date Event Price
Jun 15, 2026 Listed by One Sotheby's International Realty $3,499,999
Listed by One Sotheby's International Realty
Mar 19, 2026 Price Increased $3,750,000
↑ $100 (0%)
Price Increased
Mar 19, 2026 Price Decreased $3,749,900
↓ $249K (6.2%)
Price Decreased
Mar 8, 2026 Listed by EXP Realty LLC $3,998,900
Listed by EXP Realty LLC
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.
Feb 21, 2026 Price Decreased $3,974,900
↓ $24K (0.6%)
Price Decreased
Show More

Property Highlights

Garage
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage, Open
Garage Spaces: 4
Interior Details
Interior Features: None
Flooring Type: Other
Exterior Details
Square Footage: 6214
Square Footage Source: $0
Security Features: None
Property Condition: To Be Built
Year Built: 2027
Waterfront Features: Navigable Water, Ocean Access, Seawall, IntracoastalAccess, NoFixedBridges
Building Area Total: 6500
Levels: One
Construction Materials: Other
Lot Features: Cul-De-Sac, None, LessThanQuarterAcre
Lot Size Area: 10018.8
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 10018.8
Lot Size Dimensions: 110 Ft. x 90 Ft.
Water Source: Public
Financial Details
Tax Annual Amount: $34,048
Utilities Details
Cooling Type: None
Heating Type: Other
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 14
  • Porch Type: 8
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,932
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 900
  • Total Building Area: 3,001
  • Gross Building Area: 3,001
  • Building Area: 1,738
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,738
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOCA KEYS
  • Land Acres: 0000000228
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: BOCA KEYS LT 2 BLK 1

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007301

Zoning

  • Zoning: R-1-B

Geography

  • Assessors Map Reference: 376
  • Parcel: 06-43-47-04-06-001-0020
  • Block: 1
  • Lot: 2
  • Meridian: SEC 04 TWN 47S RNG 43E
  • Municipality: BOCA RATON
  • Latitude: 26.4054
  • Longitude: -80.0698

    Address

  • Full Address: 876 Forsyth St
  • Address - House Number: 876
  • Address - Street Name: Forsyth
  • Address - Suffix Type: St
  • State: FL
  • City Name: Boca Raton
  • Carrier Code: C008
  • 4-Digit Zip Code: 3206
  • Zip Code: 33487

Valuation

    Tax

  • Total Area: 2,288
  • Tax Year: 2023
  • Tax Amount: $3,047,742
  • Tax Rate Code Area: 6154

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 2,515,201
  • High Value: 2,951,528
  • Low Value: 2,078,873

    Market Valuation

  • Market Total Value: $1,797,170
  • Market Land Value: $1,687,294
  • Market Improvement Value: $109,876

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,731,316

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 24, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210540043
  • Previous Sale Recording Date: Jun 11, 2021
  • Previous Sale Contract Date: Jun 02, 2021
  • Previous Sale Amount: $1,610,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Boca Keys


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Frequently Asked Questions

When was property at 876 Forsyth Street built and last sold?
The property at 876 Forsyth Street was built in 1964 and last sold on Nov 19, 2021 for $2,090,000.
How much is this home worth?
The estimated value of the home located at 876 Forsyth Street is $3,698,222.
What are some comparable homes to 876 Forsyth Street?
There are currently no comparable homes to 876 Forsyth Street.