About This Property
Residential in Gulf Stream
Extraordinary Two-Acre Direct Intracoastal Waterfront Estate Property in Town of Gulf Stream, Florida. With 102 feet of unobstructed deep-water frontage in one of South Florida's most exclusive communities located minutes to ocean access and all the amenities of downtown Delray Beach, Boca Raton and Palm Beach, this world-class, two acre waterfront estate property now presents a once-in-a-lifetime opportunity to construct a bespoke, generational estate compound home up to approximately 20,000 square feet in the Town of Gulf Stream. Privately accessed via a gated entrance just off US-1 and featuring a nearly quarter-mile private driveway exclusively servicing the expansive property, this estate offers a level of grandeur, seclusion and privacy rarely found on deep waterfront. With the only public vantage point being the Intracoastal waterway itself, the property offers rare, unobstructed wide water intracoastal views directly across to the distinguished Gulf Stream Golf Club with no homes across the water. This estate property offers an extraordinary value opportunity uncommon in South Florida. Prior to current ownership, this property was practically undevelopable due to the existence of pervasive legacy easements and other restrictions severely encumbering the entire property. Thru a multi-year, highly complex land use process working with multiple governmental agencies and other parties and substantial investment to ultimately relocate and replace major civil infrastructure (including municipal water mains and fire hydrant), demolition of existing structures and other improvements, elevating the land and preliminary site planning, the current owner, a land use expert, was successful in resolving such encumbrances and thereby completely repositioned this extraordinary property to become developable for the first time since the historical restrictions existed dating back to the 1940s. A new seawall and dock have also been designed and are in planning. [This property is offered either as a to be completed home or land-only sale...] Ideally located, this exceptional offering presents a once-in-a-generation opportunity to create a legacy estate defined by expansive grounds, unobstructed water views and unrestricted deepwater dockage in a premier Palm Beach County location combining privacy, scale and convenient proximity in a neighborhood setting that is simply without equal. There is truly nothing comparable on the South Florida market today. Video and recent survey available upon request. Land offered only at $12,500,000.00
Features & Amenities
Property Highlights
Roof
- Other
View
- Water
- Intracoastal
Sewer
- Septic Tank
Levels
- Two
Cooling
- Central Air
Heating
- Central
Flooring
- Other
Utilities
- Electricity Available
- Water Available
Appliances
- Dishwasher
- Disposal
- Dryer
- Freezer
- Microwave
- Oven
- Refrigerator
- Washer
Possession
- Close Of Escrow
Room Types
- Kitchen
- Living Room
- Master Bedroom
Water View
- Intracoastal
WaterSource
- Public
Pets Allowed
- Cats OK
- Dogs OK
Restrictions
- See Remarks
Water Source
- Public
Listing Terms
- Cash
- Conventional
Structure Type
- House
ParkingFeatures
- Attached Garage
- Garage
Pets Allowed YN
- Yes
Tax Information
- CityCounty
Association Type
- Homeowner Association
InteriorFeatures
- Kitchen Island
Main Living Area
- Entry Level
Parking Features
- Attached Garage
- Garage
Interior Features
- Kitchen Island
ArchitecturalStyle
- Contemporary
Master BedroomBath
- Bedroom On Entry Level
Property Condition
- Pre-Construction
WaterfrontFeatures
- Intracoastal
Acreage Description
- 1 To Less Than 2 Acre Lot
Architectural Style
- Contemporary
Waterfront Features
- Intracoastal
AssociationAmenities
- Security
Showing Requirements
- 24 Hour Notice
- Schedule Online
Association Amenities
- Security
Construction Materials
- CBS
Association Fee Includes
- Common Areas
SpecialListingConditions
- Standard
Special Listing Conditions
- Standard
Specifications
Property Details
Location