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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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870 E Palm Ave E , Boca Raton, FL 33432
$2,400,000
Est. Payment: $12,112.99/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 34
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Attention developers and builders. Rare turnkey development opportunity in Boca Raton’s prestigious Por La Mar, located on the barrier island just steps from the beach. Two side by side residential lots are available with plans ready for permit submittal, offering meaningful time savings and a more streamlined path to construction. No HOA. Purchase one lot or secure both together for stronger value, greater flexibility, and maximum upside in a prime coastal location. Introducing Villa Luna, Lot 83, a premier offering that includes the lot plus architectural plans ready for permit submittal for a stunning modern estate. The proposed 3 story residence offers 7,397 square feet under A/C, plus an additional 1,670 square feet, for a total of 9,068 square feet. The home features 6 bedrooms, 8 bathrooms, a 3 car garage, elevator, resort style pool and spa, private cabana, expansive summer living areas, and a butler’s kitchen designed for elevated entertaining. The envisioned floor plan includes an open concept living area, spa inspired primary bath with steam shower, and a full third floor primary suite with a private open sky terrace, delivering the ultimate indoor outdoor lifestyle in one of Boca Raton’s most desirable coastal neighborhoods. Minutes from top rated schools, parks, dining, beaches, and premier lifestyle amenities. Contact for full plans, and development details.

Highlights

Listed by Carissa Barzana , 305-301-9920 and Zandra Mederos , 786-261-4921 Aterra Real Estate Partners, LLC , 305-301-9920. REALTOR Association of Greater Miami and the Beach

Property Type

Vacant Land

Lot/Acreage
0.19

County

Palm Beach

Area

4160

Neighborhood

Boca Raton Por La Mar

Listing ID

A12038571

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Other:Public

Exterior Features

Lot:Interior Lot,< 1/4 Acre
Zoning:R1C (cit
Others:Security/High Impact Doors
Sewer:Public Sewer
Principal Interest
$12,113
Taxes
$2,083

Home Price

$2,400,000

Loan Details

30 yrs
6.482%

Down Payment

20%
$480,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,112.99

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,112.99 $2,083.33 $0.00 $14,196.32
Yearly $145,355.84 $25,000.00 $0.00 $170,355.84
Total $4,360,675.17 $750,000.00 $0.00 $5,110,675.17

Today's Rates

30 Year

6.48%

20 Year

6.26%

15 Year

5.94%

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Market insight data is pulled from the same city as the listing being viewed (Boca Raton, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-02T05:56:59.000Z

© 2026 REALTOR Association of Greater Miami and the Beach