Seller's Agent in 2025
Gustavo Alvarez
Xcellence Realty
(954) 993-5425
6 Total Sales
Estimated Value: $1,934,000 - $3,099,738
ONCE-IN-A-LIFETIME WATERFRONT OPPORTUNITY! This cleared and vacant deep-water lot is truly a rare find—perfectly designed for serious yachting enthusiasts or anyone seeking a premier luxury development site. Featuring a brand-new 124' reinforced and elevated concrete seawall plus a state-of-the-art composite dock, this property provides exceptional durability, stability, and effortless mooring for large vessels. Enjoy unrestricted ocean access, no fixed bridges, and the protection of a hurricane-safe harbor, offering both convenience and peace of mind. A major highlight: the buyer receives fully approved architectural plans to build a stunning 5,802 sq/ft modern luxury home, eliminating delays and allowing construction to begin immediately. Whether envisioned as a personal waterfront estate or a high-end investment property, this site delivers unmatched potential. Waterfront land capable of accommodating large yachts or multiple vessels are extremely limited and increasingly valuable. With high demand for deep-water access, virtually no comparable vacant parcels, and a motivated seller, this offering is truly irreplaceable. This is more than just a piece of land—it's a gateway to world-class boating, luxury living, and a smart long-term investment.
Last Agent to Sell the Property
Fosters Realty License #3047846 Listed on: 12/04/2019
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Izurieta Luis Fabian Vega | $830,000 | Attorney | |
| Mcfarland Michael T | $400,000 | -- | |
| Available Not | $10,000 | -- | |
| Moyes Andrew S | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Izurieta Luis Fabian Vega | $498,000 | |
| Previous Owner | Mcfarland Michael T | $72,000 | |
| Previous Owner | Mcfarland Michael T | $288,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/26/2025 09/26/25 | Price Changed | $1,950,000 | -13.3% | -- |
| 08/08/2025 08/08/25 | For Sale | $2,250,000 | +171.1% | -- |
| 10/05/2020 10/05/20 | Sold | $830,000 | -17.0% | $426 / Sq Ft |
| 09/05/2020 09/05/20 | Pending | -- | -- | -- |
| 12/05/2019 12/05/19 | For Sale | $999,448 | -- | $513 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,675 | $496,710 | $496,700 | $10 |
| 2024 | $4,565 | $496,710 | $496,700 | $10 |
| 2023 | $4,565 | $276,270 | $0 | $0 |
| 2022 | $4,325 | $268,230 | $268,220 | $10 |
| 2021 | $13,659 | $747,000 | $268,220 | $478,780 |
| 2020 | $7,711 | $428,260 | $0 | $0 |
| 2019 | $7,331 | $418,640 | $0 | $0 |
| 2018 | $6,967 | $410,840 | $0 | $0 |
| 2017 | $6,930 | $402,390 | $0 | $0 |
| 2016 | $6,985 | $394,120 | $0 | $0 |
| 2015 | $7,101 | $391,390 | $0 | $0 |
| 2014 | $7,169 | $388,290 | $0 | $0 |
| 2013 | -- | $382,560 | $248,350 | $134,210 |
Seller's Agent in 2025
Gustavo Alvarez
Xcellence Realty
(954) 993-5425
6 Total Sales
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Seller's Agent in 2020
Andrew Gerstman
Fosters Realty
(561) 213-9537
41 Total Sales
Source: BeachesMLS
MLS Number: R10583248
APN: 50-42-09-27-0190