Skip main navigation
For sale
  • Price increase: $24K (3/9)
    $3,998,900

    876 Forsyth Street, Boca Raton, FL 33487

    --beds
    --baths
    5,121sqft
    : 
    Single Family Residence
    Built in 2027
    10,018.8 Square Feet Lot
    $-- Zestimate®
    $781/sqft
    $-- HOA

    What's special

    Boat dockDirect ocean accessNew seawall
    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.
    3 days
    |
    372
    |
    9
    |

    Zillow last checked: 7 hours ago

    Listing updated: 21 hours ago

    Listed by:

    Robert S MacKinnon 617-354-7000,

    EXP Realty LLC

    Source: BeachesMLS,MLS#: R11169914MLS LogoOriginating MLS: BeachesMLS

    Tour with a local agent

    Facts & features

    Interior

    Primary bedroom
    • Level: Main
    • Area: 0
    • Dimensions: 0 X 0
    Primary bedroom
    • Level: Main
    • Area: 0
    • Dimensions: 0 X 0
    Kitchen
    • Level: Main
    • Area: 0
    • Dimensions: 0 X 0
    Kitchen
    • Level: Main
    • Area: 0
    • Dimensions: 0 X 0
    Living room
    • Level: Main
    • Area: 0
    • Dimensions: 0 X 0
    Living room
    • Level: Main
    • Area: 0
    • Dimensions: 0 X 0
    Heating
    • Other
    Cooling
    • None
    Features
    • None
    • Flooring: Other
    Interior area
    • Total structure area: 5,121
    • Total interior livable area: 5,121 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, Open
    • Garage spaces: 4
    • Has uncovered spaces: Yes
    Features
    • Exterior features: None
    • Has view: Yes
    • View description: Canal, Intercoastal
    • Has water view: Yes
    • Water view: Canal,Intercoastal
    • Waterfront features: Navigable Water, No Fixed Bridges, Ocean Access, Seawall
    Lot
    • Size: 10,018.8 Square Feet
    • Dimensions: 110 Ft. x 90 Ft.
    • Features: < 1/4 Acre
    Details
    • Parcel number: 06434704060010020
    • Zoning: R1B(ci
    • Other equipment: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Other
    Condition
    • To Be Built
    • New construction: No
    • Year built: 2027

    Utilities & green energy

    • Utilities for property: None

    Community & HOA

    Community
    • Subdivision: BOCA KEYS
    HOA
    • Has HOA: No
    • Amenities included: Trail(s)
    Location
    • Region: Boca Raton

    Financial & listing details

    • Price per square foot: $781/sqft
    • Tax assessed value: $2,071,765
    • Annual tax amount: $34,048
    • Date on market: 3/9/2026
    • Cumulative days on market: 3 days
    • Listing terms: Cash
    • Road surface type: Paved
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $5,787/mo

    Price history

    Price history
    DateEventPrice
    3/9/2026Price change$3,998,900+0.6%$781/sqft
    Source: BeachesMLS #RX-11169914 Report a problem
    2/20/2026Price change$3,974,900-0.6%$776/sqft
    Source: BeachesMLS #RX-11146601 Report a problem
    1/30/2026Price change$3,998,900-5.9%$781/sqft
    Source: BeachesMLS #RX-11146601 Report a problem
    1/13/2026Price change$4,250,000-5.6%$830/sqft
    Source: BeachesMLS #RX-11146601 Report a problem
    12/10/2025Listed for sale$4,500,000-8.2%$879/sqft
    Source: BeachesMLS #RX-11146601 Report a problem
    11/1/2025Listing removed$4,899,900$957/sqft
    Source: BeachesMLS #RX-11104907 Report a problem
    8/17/2025Price change$4,899,900-2%$957/sqft
    Source: BeachesMLS #RX-11104907 Report a problem
    7/4/2025Listed for sale$5,000,000+139.2%$976/sqft
    Source: BeachesMLS #RX-11104907 Report a problem
    11/24/2021Sold$2,090,000$408/sqft
    Source: BeachesMLS #RX-10759992 Report a problem
    11/19/2021Pending sale$2,090,000-5%$408/sqft
    Source: BeachesMLS #RX-10759992 Report a problem
    10/9/2021Listing removed--
    Source: BeachesMLS #RX-10730468 Report a problem
    9/25/2021Listed for sale$2,199,000+36.6%$429/sqft
    Source: BeachesMLS #RX-10730468 Report a problem
    6/11/2021Sold$1,610,000$314/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$32,365 +6.2%$1,788,013 +3.3%
    2023$30,477 +8.9%$1,731,316 +10%
    2022$27,977 +295.9%$1,573,924 +274.1%
    2021$7,067 +1.5%$420,673 +1.4%
    2020$6,962 +1.1%$414,865 +2.3%
    2019$6,885 $405,538 +1.9%
    2018$6,885 +5.4%$397,976 +2.1%
    2017$6,530 +0.8%$389,790 +2.1%
    2016$6,476 +0%$381,773 +0.7%
    2015$6,474 -2.8%$379,119 +0.8%
    2014$6,659 +1.3%$376,110 +1.5%
    2013$6,571 +0.3%$370,552 +1.7%
    2012$6,554 +2.1%$364,358 +3%
    2011$6,419 +1.8%$353,746 +1.5%
    2010$6,305 +7.6%$348,518 +2.7%
    2009$5,860 +9.4%$339,355 +0.1%
    2008$5,357 -0.9%$339,016 +3%
    2007$5,407 -4.2%$329,142 +3.6%
    2006$5,647 $317,602 +3%
    2005-- $308,351 +3%
    2004$2,932 +2719.3%$299,370 +1.9%
    2003$104 -98.1%$293,788 +2.4%
    2002$5,512 +0%$286,902 +1.6%
    2001$5,512 +3.6%$282,384 +3%
    2000$5,323 +8.9%$274,159 -6.9%
    1999$4,888 $294,560

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $25,844/mo
    Principal & interest
    $20046
    Property taxes
    $5798
    More affordability tools

      Climate risks

      Neighborhood: 33487

      Getting around

      48 / 100
      Car-Dependent
      28 / 100
      Some Transit
      50 / 100
      Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: J. C. Mitchell
      • Middle: Boca Raton Community
      • High: Boca Raton

      Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

      Local experts in 33487

      Similar homes

      Skip to the end of the carouselSkip to the beginning of the carousel