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Bean Group
Offered at $2,975,000Active
beds
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baths
0
sq ft
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Built
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4838 Charlton Way

Delray Beach, FL 33445

About this home

Rare development opportunity in Delray Beach! Approx. 3.4 acres / 148,104 SF in unincorporated Palm Beach County, zoned RS Single-Family Residential with no HOA. Current zoning allows up to 5 detached homes per acre, subject to site feasibility and approvals. Potential for a luxury residential development with larger estate homesites. Based on preliminary guidance provided by the County, development may require a 40' roadway with turnaround, drainage/positive outfall, public water/sewer and platting. Potential annexation into Delray Beach through adjacent Bexley Park is also being explored, including possible future access and utility connections. Buyer to independently verify all development requirements and feasibility.

Listing last checked: Listing updated:

Listed by Julian Simon Soffer, Emiley Blomberg · Keller Williams Realty Boca Ra · MLS #R11155496

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Details at a glance

Building1 property facts
Style
Unimproved Land
Land & utilities4 property facts
Lot size
3.4 acres
Water
Well
Sewer
Septic Tank
Zoning
RS
Financial2 property facts
Annual taxes
$12,922
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $2,975,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$16,120 / monthAdjust
Principal & interest
$15,043
Property tax
$1,077
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $12,922. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. New

    $2,975,000 · Apr 16, 2026

  2. Ter

    $3,700,000 · Jan 18, 2026

More property insights

Comparable properties 2 supplied

Sold Jul 22, 2026

$3,050,000

1018 S Northlake Drive

Sold Sep 14, 2026

$3,000,000

956 Surf Lane

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About 4838 Charlton Way

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Request a tour of 4838 Charlton Way and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.