198 SE 4th Street, Delray Beach, FL 33483

$2,100,000
Property Type: Land & Docks Lot Size (sq. ft.): 24,971 Status: Active
Current Price: $2,100,000 List Date: 5/06/2026 Last Modified: 5/06/2026

Overview

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 Details MLS# R11065594

General Property Information

Property Sub Type
Unimproved Land
Number Of Lots
Yes
Lot Size Acres
0.59
Lot Size Square Feet
24971
Lot Size Dimensions
155 X 167
Lot Depth
167
Lot Frontage
155
Direction Faces
North
LP/SqFt
84.1
Frontage Length
No

Property Features

Association Amenities: None Comprehensive Plan Use: Central Urban Current Use: Single Family; Unimproved Development Status: Recorded Plat Documents Available: None Electric: Three Phase Location of Property: City Location Possession: Close Of Escrow Possible Use: Single Family Sewer: Public Sewer Special Information: Will Subdivide Trees: None Utilities: Cable Available; Electricity Available; Phone Available; Sewer Available; Water Available Vegetation: Brush; Grassed View: Garden Listing Terms: Cash; Conventional; Owner Will Carry Road Frontage Type: Public Road Water Source: Public Showing Requirements: Call Listing Agent; Sign On Property; Text Listing Agent Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
2300000
Negotiable Seller Concessions YN
Yes
LP/Acre
3559322.03
LP/Frontage
13548.39

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
198
Street Direction Prefix
SE
Street Name
4th
Street Suffix
Street
City Name
Delray Beach
State Or Province
FL
Postal Code
33483
Postal Zip
33483
Subdivision Name
MODEL LAND CO SUB OF W 1/2
Development Name
Osceola Park
Area
4370
Geographic Area
PB06
Elementary School
Pine Grove
Middle Or Junior School
Carver Community
High School
Atlantic
Parcel Number
12434621090010020
Multiple Offers Accepted
Yes
Zoning
R-1-A - R-1-A-S
Directions
4th st property on the south side of the street

Financial Information

Tax Year
2024
Tax Annual Amount
9460
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

Remarks and Miscellaneous

Public Historical Remarks
Elevation at Sea Level: 5 to < 10 Ft

More Information

Status Change Information

Major Change Timestamp
2026-05-06T14:34:41Z
Major Change Type
Status Change
Price Change Timestamp
2025-09-03T18:04:07Z
Status Change Date
2026-05-06
Back on Market Date
2026-05-06

Short Sale Details

Short Sale Addendum
No

Originating Details

Originating System Key
20250225131008533051000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Electric

Three Phase
Yes

Documents Available

None
Yes

Comprehensive Plan Use

Central Urban
Yes

Current Use

Single Family
Yes
Unimproved
Yes

Development Status

Recorded Plat
Yes

Location of Property

City Location
Yes

Possession

Close Of Escrow
Yes

Possible Use

Single Family
Yes

Sewer

Public Sewer
Yes

Special Information

Will Subdivide
Yes

Trees

None
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Phone Available
Yes
Sewer Available
Yes
Water Available
Yes

Vegetation

Brush
Yes
Grassed
Yes

View

Garden
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Owner Will Carry
Yes

Road Frontage Type

Public Road
Yes

Water Source

Public
Yes

Showing Requirements

Call Listing Agent
Yes
Sign On Property
Yes
Text Listing Agent
Yes

Acreage Description

1/2 To Less Than 1 Acre Lot
Yes
IDX
Listing Office: Hampton Real Estate Group
Last Updated: May - 06 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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