235 SE WAVECREST WAY BOCA RATON FL 33432
Residential Development
Marketing description
Rare turnkey luxury home development opportunity in Boca Raton's highly desirable Por La Mar neighborhood. Located on the barrier island just steps from the beach, this offering includes the lot along with architectural plans that are in the final stages and ready for permit submission, providing a streamlined path to construction and meaningful time savings for a developer or builder.
The proposed residence is a three-story modern estate encompassing approximately 6,500+ square feet of living area and 8,666 square feet under roof. Plans call for six bedrooms, seven bathrooms, a three-car garage, elevator, resort-style pool and spa, private cabana, expansive outdoor entertaining areas, and a butler's kitchen.
The property may also be purchased together with the adjacent site at 870 E Palm Avenue, which is being offered with plans as well for $2.4 million. If acquired together, the seller is willing to offer both sites at a discounted package price of $4.5 million.
Situated minutes from Boca Raton's beaches, downtown amenities, premier dining, shopping, and top-rated schools, this is a rare opportunity to develop a luxury custom residence in one of South Florida's most sought-after coastal neighborhoods.
Plans and development information available upon request.
Investment highlights
• Rare turnkey luxury home development opportunity in Boca Raton's prestigious Por La Mar neighborhood
• Barrier island location just steps from the beach
• Lot includes architectural plans that are ready for permit submission, reducing development timelines
• Purchase individually or as part of a two-lot assemblage for increased flexibility and value
• Proposed modern estate features approximately 6,500+ SF of living area and 8,666 SF total
• Planned improvements include 6 bedrooms, 7 bathrooms, 3-car garage, elevator, pool, spa, cabana, and expansive outdoor living areas
• Located minutes from Mizner Park, Boca's beaches, downtown dining, and premier lifestyle amenities
• Opportunity to deliver a luxury custom residence in one of South Florida's most sought-after waterfront and beachside markets
• Strong demand for new construction luxury homes in the Por La Mar submarket
• Significant time and cost savings through completed design and entitlement work
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