TROPIC ISLE 2ND SEC,Tropic Isle
976 Banyan Drive, Delray Beach FL 33483
3 beds · 2.5 baths · 2,922 ft²
$10,900,000
Est. Payment $58,014/mo
3
Bedrooms
2.5
Bathrooms
2,922
Sq. Ft.
1972
Year Built
2
Garage
1
Stories
25
Days on Market
Description
Exceptional opportunity to own one of the largest direct Intracoastal frontage lots in Southern Palm Beach County. This premier waterfront property is ideally suited for an end user or builder who recognizes the extraordinary value and potential of constructing a luxury estate in this highly desirable location. Based on recent comparable sales, a newly built residence on this lot could command values exceeding $22 million. Serious inquiries only — owner seeks a knowledgeable buyer who understands the rarity and long-term value of this exceptional property. Features include a solid poured-concrete seawall and dock, complemented by mature tropical landscaping and breathtaking wide-water views.
Facts
- MLS#
- B26028044
- Subdivision
- TROPIC ISLE 2ND SEC,Tropic Isle
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 14,375 ft²
- Sq. Ft.
- 2,922 ft²
- Sq. Mt.
- 271 m²
- Price per sq. ft.
- $3,730/ft²
- Price per sq. mt.
- $40,221/m²
- Stories
- 1
- Garage
- 2 spaces
- Pool
- Private
- Days on Market
- 25 days
- Listed
- May 13, 2026
- Last Updated
- May 31, 2026
- Price/Lot Sq.Ft.
- $758/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
Market insights for Delray Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
35
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 5/13/2026 | Listed for sale | $10,900,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Don Soffer Aventura High School9,10,11,12 · charter · 0.7 mi
- Aventura Montessori School
PK,KG · private · 1.2 mi
- Learning Corner Preschool Academy
KG,1,2,3,4,5,6,7 · private · 1.2 mi
- Learning Academy
KG,1,2,3,4,5,6 · private · 1.2 mi
- Wonderland Montessori Academy
PK,TK,KG · private · 1.2 mi
- The Tauber Academy
PK,KG · private · 1.3 mi
- Aventura Waterways K-8 Center
PK,KG,1,2,3,4,5,6,7,8 · public · 1.4 mi
- Sharon School Of Excellence
KG,1,2,3,4,5,6,7,8,9,10,11 · private · 1.4 mi
- Imacs Learning Center
UG · private · 1.5 mi
- Hochberg Preparatory School - Posnack East Campus
KG,1,2,3,4,5 · private · 1.5 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$67,248/mo
Principal & Interest
$58,014
Property Tax
$9,083
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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