About this home
Exceptional opportunity to own one of the largest direct Intracoastal frontage lots in Southern Palm Beach County. This premier waterfront property is ideally suited for an end user or builder who recognizes the extraordinary value and potential of constructing a luxury estate in this highly desirable location. Based on recent comparable sales, a newly built residence on this lot could command values exceeding $22 million. Serious inquiries only — owner seeks a knowledgeable buyer who understands the rarity and long-term value of this exceptional property. Features include a solid poured-concrete seawall and dock, complemented by mature tropical landscaping and breathtaking wide-water views.
Listing last checked: Listing updated:
Listed by Ronald Charles Radabaugh, Kurt George Lehmann · Lehmann Realty Inc. · MLS #B26028044
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Details at a glance
Interior3 property facts
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Flooring
- Slate, Terrazzo
Building5 property facts
- Style
- Single Family Residence
- Year built
- 1972
- Garage
- 2
- Parking
- 6
- Roof
- Mansard, Tar/Gravel
Land & utilities5 property facts
- Lot size
- 0.33 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Zoning
- R-1-AA-B (city)
Financial2 property facts
- Annual taxes
- $11,328
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $10,900,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$56,060 / monthAdjust
- Principal & interest
- $55,116
- Property tax
- $944
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $11,328. 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.
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About 976 Banyan Drive
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Request a tour of 976 Banyan Drive 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?
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