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7902 NE Palm Way, Boca Raton, FL 33487

$2,100,000

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https://www.propertypanorama.com/7902-NE-Palm-Way-Boca-Raton-FL-33487/unbranded

Property Type: Land & Docks Lot Size (sq. ft.): 19,166 Status: Closed

Current Price: $2,100,000 List Date: 6/22/2021 Last Modified: 3/17/2026

Overview

Description

We invites you to build in Portofino Estates, our luxury waterfront development in Boca Raton, Florida. The development for these unique waterfront estates consists of 5 single family luxury waterfront homes with direct access to the intracoastal waterway. Lot 2 features 163' of water frontage with access from the cul-de-sac on Palm Way. There are permit ready architectural plans for a 6,500 square foot modern home, or you can build custom to suit. The $2,600,000 price is for the lot alone, cost to build will be additional.

Listing Details MLS# R10725875

General Property Information

Property Sub Type: Unimproved Land
Lot Size Acres: 0.44
Lot Size Square Feet: 19166
Waterfront YN: Yes
Frontage Length: 163
Direction Faces: South
LP/SqFt: 135.66

Property Features

Current Use: Single Family Development Status: Recorded Plat Documents Available: Aerial; Building Plan; Engineering Study; Plans; Plat Map; Soil Boring Test; Survey Electric: Three Phase Location of Property: City Location Possible Use: Single Family Trees: Sabal Palm; Other Utilities: Cable Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available Vegetation: Brush; Weeds Listing Terms: Cash; Conventional Lot Features: Cleared Road Frontage Type: Private Road; Public Road Road Surface Type: Paved Water Access: No Fixed Bridge; Ocean Access Water Source: Public Water View: Canal Waterfront Features: Navigable Water; No Fixed Bridges Canal Width: Canal Width 81-120 Feet; Canal Width 121 Feet or More Showing Requirements: Call Listing Agent Contingencies: Other Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 2600000
LP/Acre: 5909090.91

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 7902
Street Direction Prefix: NE
Street Name: Palm
Street Suffix: Way
City Name: Boca Raton
State Or Province: FL
Postal Code: 33487
Postal Zip: 33487
Subdivision Name: Portofino Estates
Area: 4180
Geographic Area: PB02
Parcel Number: 06434633000003100
Zoning: R1B(ci
Directions: 95 TO YAMATO EAST TO FEDERAL HIGHWAY NORTH TO 74TH TO NE 7TH N TO PALM WAY

Financial Information

Tax Year: 2020
Tax Annual Amount: 15439.7
Tax Legal Description: 33-46-43, W 163.4 FT OF E 393.4 FT OF TH PT OF SW 1/4 OF NW 1/4 LYG S OF C-15 CNL R/W &N OF PL OF TROPIC ISLES 4TH SEC

Status Change Information

Major Change Timestamp: 2026-03-17T17:13:25Z
Major Change Type: Status Change
Status Change Date: 2026-03-17
Under Contract Date: 2021-09-07
Close Date: 2023-08-08
Close Price: 2100000
Buyer Financing: Cash
SP/Acre: 4772727.27

More Information

Short Sale Details

Short Sale Addendum: No

Originating Details

Originating System Key: 20210622180007300723000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Electric

Three Phase: Yes

Documents Available

Aerial: Yes
Building Plan: Yes
Engineering Study: Yes
Plans: Yes
Plat Map: Yes
Soil Boring Test: Yes
Survey: Yes

Current Use

Single Family: Yes

Development Status

Recorded Plat: Yes

Location of Property

City Location: Yes

Possible Use

Single Family: Yes

Trees

Sabal Palm: Yes
Other: Yes

Utilities

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes
Sewer Available: Yes
Water Available: Yes

Vegetation

Brush: Yes
Weeds: Yes

Water Access

No Fixed Bridge: Yes
Ocean Access: Yes

Water View

Canal: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Cleared: Yes

Road Frontage Type

Private Road: Yes
Public Road: Yes

Road Surface Type

Paved: Yes

Water Source

Public: Yes

Waterfront Features

Navigable Water: Yes
No Fixed Bridges: Yes

Showing Requirements

Call Listing Agent: Yes

Canal Width

Canal Width 81-120 Feet: Yes
Canal Width 121 Feet or More: Yes

Contingencies

Other: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes

Listing Office: Albanese Luxury Properties

Last Updated: March - 17 - 2026

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