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1 Fisher Lane, Delray Beach, FL, 33483

5beds
8baths
7,796sqft
$8,950,000
$1,148price/sqft
$64,856/moest. monthly cost
$2,594,240/yrincome needed

About This Home

A rare and extraordinary opportunity awaits on the direct channel of the Intracoastal Waterway in the Palm Trail neighborhood of Delray Beach, less than one mile from the vibrant energy of Atlantic Avenue. This offering represents the premier waterfront parcel itself, featuring shovel-ready architectural plans which are currently approximately 90% through the approval process, creating a well-defined opportunity to bring a future residence to life. Encompassing over half an acre along what is widely regarded as one of the most exclusive and private streets in Delray Beach, this exceptional property delivers rare scale, direct waterfront exposure, and unmatched privacy. A home currently exists on the site; however, the opportunity is being presented primarily as a premier waterfront lot with architectural plans, allowing the next owner to either move forward with the existing design, or create their own custom vision for this extraordinary setting. With 101 feet of direct Intracoastal frontage and private boat dock, this property delivers immediate waterfront enjoyment while offering the opportunity to create a future estate of distinction. Boaters will appreciate the effortless ocean access with no fixed bridges, all while enjoying sweeping views of the wide main channel. Nestled on a quiet street of only four homes, 1 Fisher is truly unique and exceptionally private - a rare enclave setting just moments from the best of Delray Beach. Included with the sale of the land will be thoughtfully designed, fully approved plans for a spectacular estate residence featuring: * 10,808 Total Square Feet; 7,796 Living Square Feet * 5 Bedrooms + Upper-Level Salon * 6 Full Baths + 1 Power Room and 1 Pool Bath * State-of-the-art chef's kitchen appointed with a walk-in butler's pantry and a private wine room designed for curated collections. * Refined multi-level living areas designed for privacy, comfort, and sophisticated entertaining. * Grand lower-level primary suite with an intimate waterfront sitting area designed for quiet retreat. * Luxurious primary bathroom suite showcasing a refined spa-inspired design and customizable wellness features including steam and sauna capability. * Custom-appointed elevator. * Showcase-worthy four-car garage, designed with lift-capable ceiling heights, creating the opportunity to accommodate an eight-car collection. Designed for seamless indoor-outdoor living, the plans also showcase: * Multiple covered lanais complemented by a bespoke summer kitchen, offering seamless alfresco dining curated for elevated outdoor gatherings. * Resort caliber infinity-edge pool and spa meticulously designed for the ultimate privacy and serenity. * Multiple private terraces and balconies positioned to capture unobstructed panoramic views of the main Intracoastal channel. All site surveys, soil tests, development entitlements, and preliminary plans - including floorplans, site plan, and basic civil engineering - are transferable to the new owner. The buyer will be responsible for demolition of existing structure, completing final construction drawings, MEP engineering, and final civil engineering prior to building permit submission. Bring the included vision to life or collaborate with your architect to create a fully custom masterpiece tailored to your preferences. Builder is optional, with the opportunity to work with Delray Beach's Formative Builders, or select your own team. This is more than a homesite - it is a generational waterfront offering in one of South Florida's most coveted locations, moments from world-class dining, shopping, beaches, and the ultimate coastal lifestyle.

Getting Around

70
WalkingSomewhat Walkable
0
TransitVery Limited Transit
67
BikeBikeable

Schools

6/10
5/10
Atlantic High SchoolGrades 9-122.2 mi
3/10
Carver Middle SchoolGrades 6-83.1 mi

Construction

Condition

  • Property condition: To Be Built
  • Year built: 2028

Materials

  • Construction materials: Block,Concrete

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Dryer,Dishwasher,Disposal,Refrigerator,Washer
  • Laundry features: Inside,Laundry Tub

Bedroom2

  • Level: Upper
  • Area: 255
  • Dimensions: 15 X 17

Bedroom3

  • Level: Upper
  • Area: 196.5
  • Dimensions: 15 X 13.1

Bedroom4

  • Level: Upper
  • Area: 210
  • Dimensions: 14 X 15

Bedroom5

  • Level: Upper
  • Area: 212.8
  • Dimensions: 14 X 15.2

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 8
  • Full bathrooms: 6
  • 1/2 bathrooms: 2
  • Main level bathrooms: 3
  • Main level bedrooms: 1

Den

  • Level: Upper
  • Area: 365.2
  • Dimensions: 16.6 X 22

Dining Room

  • Level: Main
  • Area: 282.2
  • Dimensions: 16.6 X 17

Family Room

  • Level: Main
  • Area: 605
  • Dimensions: 25 X 24.2

Features

  • Wet Bar,Bidet,Breakfast Area,Bathtub,Dining Area,Separate/Formal Dining Room,Dual Sinks,Entrance Foyer,Eat-in Kitchen,Elevator,High Ceilings,Kitchen Island,Main Level Primary,Pantry,Sitting Area in Primary,Split Bedrooms,Soaking Tub,Separate Shower,Walk-In Closet(s)
  • Door features: French Doors
  • Window features: Storm Window(s)
  • Flooring: Ceramic Tile,Other
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 10,808
  • Total interior livable area: 7,796 sqft

Kitchen

  • Level: Main
  • Area: 413.88
  • Dimensions: 17.39 X 23.8

Living Room

  • Level: Main
  • Area: 377.4
  • Dimensions: 22.2 X 17

Master Bedroom

  • Level: Main
  • Area: 329.63
  • Dimensions: 19.39 X 17

Other

  • Level: Upper
  • Area: 196
  • Dimensions: 14 X 14

Property

Details

  • Parcel number: 12434609310000380
  • Zoning: R-1-AA

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Entry Level Living Area Y
  • Private pool: Yes
  • Patio & porch: Covered,Deck,Open,Patio,Balcony
  • Exterior features: Balcony,Lighting,Outdoor Living Area
  • Fencing: Fenced
  • Has view: Yes
  • View description: Intercoastal,Pool
  • Has water view: Yes
  • Water view: Intercoastal
  • On waterfront: Yes
  • Waterfront features: Intracoastal Access,No Fixed Bridges,Ocean Access,Seawall

Lot

  • Lot size: 0.51 Acres
  • Features: Sprinklers Automatic,Sprinkler System
  • Lot size dimensions: 101.0 ft x 220.0 ft

Parking

  • Total spaces: 4
  • Parking features: Attached,Circular Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Palm Beach County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $45,256$543,072
Home Insurance *$5,714$68,568
Property Taxes $13,102$157,224
Electricity $784$9,414
Total$64,856$778,272
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,223,634/yr
40% on housing$1,945,680/yr
45% on housing$1,729,493/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,148This listing

vs Other Active Listings

Avg $/sqft

ZIP 33483$875
Palm Beach County$443

vs Homes Sold Last Month

Median $/sqft

ZIP 33483$1,093
Palm Beach County$365

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-27Price change$10,250,000
2026-03-19Price change$10,500,000
2026-02-28Listed for sale$11,000,000
2025-03-03Listing removed$8,500,000
2025-02-11Price change$8,500,000
2025-01-08Price change$8,995,000
2025-01-01Price change$9,495,000
2024-11-25Price change$9,750,000
2024-11-10Listed for sale$9,995,000
2024-11-04Listing removed$11,000
2024-10-24Price change$11,000
2024-05-08Price change$12,500
2024-04-12Price change$15,000
2024-02-17Price change$17,500
2024-01-09Price change$25,000
2024-01-02Price change$17,500
2023-11-17Listed for rent$20,000
2023-02-01Listing removed--
2023-01-14Price change$25,000
2023-01-12Price change$27,500
2022-11-19Price change$30,000
2022-10-19Price change$40,000
2022-10-07Price change$21,000
2022-06-24Listed for rent$22,500
2022-05-14Listing removed--
2008-12-29Sold$105,000

For Sale by Agent

AgentCourtney Balsam
BrokerageThe Corcoran Group

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