$5,190,000

Estimated payment $28,940/month

Total Views 176
10 Acres
$519,000 Price per Acre
435,600 Sq Ft Lot

Highlights

  • Waterfront
  • 10 Acre Lot
  • Canal View
  • Discovery Key Elementary School Rated A-
  • Canal Access

About This Lot

Residential Development Opportunity in Lake Worth, FL - 10-acre residential development site. There are two contiguous 5-acre parcels being sold together as a single unit - 8946 Sea Chase Drive & 8990 Willow Sound Drive. PBC Approved Site Plan of 33 single-family, ZLL homes; includes four workforce housing units. Water/sewer are stubbed to property line. Property is located within the newer gated community of Gulfstream Preserve and is not required to be a part of the existing HOA. Access through HOA roads is legally established. Approximately 85% of the proposed site plan properties to back onto a lake, canal, or preserve. Properties are currently used for equestrian farm with a single family home, three barns, extensive paddocks. Additional info available upon request.

Listing Agent

Amber Owen

NV Realty Group, LLC License #3324154 Listed on: 08/21/2025

NV Realty Group, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,929

Lot Details

  • 10 Acre Lot
  • Waterfront
  • Property is zoned RS

Property Views

  • Canal Views

Schools

  • Discovery Key Elementary School
  • Woodlands Middle School
  • Dr. Joaquin Garcia High School

Listing and Financial Details

  • Assessor Parcel Number 00424327050280262

Community Details

Overview

  • Palm Beach Farms Co Pl No Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$7,929

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Directions: From Florida Turnpike (go West) on Lake Worth Road and then a left (South) on Lyons Road. Then turn left to Gulf Run Way into the Gulfstream Preserve Community.
  • Special Features: VirtualTour

Exterior Features

  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: Agricultural Exemption

Schools

  • Elementary School: Discovery Key
  • High School: Dr. Joaquin Garcia
  • Middle Or Junior School: Woodlands

Lot Info

  • Parcel #: 00424327050280262
  • Development Status: Raw Land
  • Lot Size Acres: 10.0
  • Lot Size: 5 to 10 Acres
  • Lot Size Sq Ft: 435600.0
  • Zoning Description: RS

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7929.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $1,711 $56,590 -- --
2023 $1,653 $52,536 -- --
2022 $1,609 $50,669 -- --
2021 $1,492 $44,972 $28,300 $16,672
2020 $1,491 $45,203 $28,300 $16,903
2019 $1,504 $45,433 $0 $0
2018 $1,419 $43,555 $28,300 $15,255
2017 $1,400 $43,755 $0 $0
2016 $1,415 $43,956 $0 $0
2015 $1,444 $44,528 $0 $0
2014 $1,466 $45,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $5,190,000 0.0% --
08/01/2021 08/01/21 Rented $500 0.0% --
07/02/2021 07/02/21 Under Contract -- -- --
06/01/2021 06/01/21 For Rent $500 -- --
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $80,000 Attorney
Quit Claim Deed -- None Available
Warranty Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $300,000 Commercial
Previous Owner $152,855 Commercial
Source: Public Records

Source: BeachesMLS

MLS Number: R11117637

BeachesMLS

APN: 00-42-43-27-05-028-0262