1125 Waterway Lane
Delray Beach, FL, 33483 $ 5,300,000
Bedrooms5 Baths5.2 Sq 5,546 Monthly Estimate*
$ 32,633
for $5,300,000 with 5 bedrooms and 5 full baths, 2 half baths. This 5,546 square foot home was built in 2027.
An extraordinary opportunity to build a bespoke coastal estate in Delray Beach's coveted North Beach enclave--where generous lot size, privacy, and walkable beach access rarely converge. This cleared and substantially prepared 100' x 140' homesite is offered with approved architectural plans for a stunning two-story, 5BR/5.2BA British West Indies style residence, allowing the next owner to bypass years of design and permitting and move directly into construction while still having the option to choose their own finishes. Thoughtfully designed for luxurious beachside living and entertaining, this offering delivers both immediate momentum and the freedom to personalize finishes in one of Delray's most sought-after locations. The thoughtfully envisioned two-story residence blends timeless island architecture with modern luxury. Designed for both refined entertaining and relaxed coastal living, the home features 5 expansive bedroom suites, each with walk-in closets and ensuite baths, along with a cabana bath and powder room. A ground-floor primary suite serves as a private retreat, complete with its own covered porch and outdoor shower, creating a seamless connection to the outdoors. Gracious living spaces unfold beneath high ceilings accented by vaulted and beamed architectural details and rich custom millwork throughout. The home includes a welcoming family room, an inviting club room with kitchenette, and an extra-large second-floor loft offering exceptional flexibility for media, work, or additional gathering space. The chef's kitchen, anchored by an oversized island, is designed for effortless entertaining, while a gas fireplace adds warmth and character. A two-car garage and a thoughtfully planned indoor-outdoor flow complete the design. Ideally located just 1.5 blocks from the beach and four short blocks to Atlantic Avenue, the setting offers the rare balance of quiet residential charm and walkable access to Delray Beach's celebrated dining, shopping, and cultural scene. Buildable lots of this size and caliber in North Beach are becoming increasingly scarce. With the land cleared, plans approved, builder in place, and the groundwork for a remarkable residence already in place, this offering represents exceptional value saving significant time, expense, and uncertainty while preserving the freedom to tailor every finish and detail. Poised to be built by Lost Craft Builders, Delray Beach's most respected luxury boutique builder, this is a rare opportunity to bring a fully realized vision to life in one of South Florida's most desirable beachside neighborhoods.
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FeaturesInteriorInterior Amenities Split Bedroom Volume Ceiling Walk-in Closet
Flooring Tile Wood Floor
Furnished Y/N Unfurnished
Total Bedrooms 5
Master Bedroom/Bath Dual Sinks Separate Shower
Total Bathrooms 5.20
SqFt - Living 5546.00
Total Floors/Stories 2.00
Equip/Appl Included Auto Garage Open Range - Gas Refrigerator Smoke Detector Washer
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GeneralConstruction CBS
Heating Central
Cooling Central
Utilities Electric Gas Natural Public Sewer Public Water
Possession At Closing
Parking Garage - Attached
Pets Allowed Yes
Zoning R-1-AAA
HOA None
Number of Garage Spaces 2.00
Status Active
Full Baths 5
Half Baths 2
Year Built 2027
REO No
Subdivision WATERWAY LANE IN
Type Single Family Detached
Rooms Family Great Laundry-Inside
Property Type A
Area 4140
Auction No
Tax Year 2025
Terms Considered Cash Conventional
Gated Community No
Short Sale No
Restrict None
Taxes 55799.00
Adult 55+ No Hopa
Governing Bodies None
Membership Fee Required No
Virtual Tour https://www.propertypanorama.com/1125-Waterway-Lane-Delray-Beach-FL-33483--RX-11155015/unbranded
Geo Area PB05
Legal Description WATERWAY LANE SUB LT 2
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ExteriorWaterfront No None
Private Pool Y/N No
Subdiv. Amenities None
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Internal OnlyOriginalMLSID RX-11155015
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* Excluded FeaturesList ByKathleen Q HutchisonListing Agent
Hutchison Real Estate CoBroker
kate@hutchisonrealestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $32,633
- Monthly Property Taxes
- $4,650
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Delray Beach, FL
Average List Price $1,833,583
Percent of Sale Price 65%
About Delray Beach, FL 66,998 Population
11% Since 2002
$ 55,643 Median Income
46.56 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
368239 Elementary School
368240 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/16/2026 | $5,300,000 | | Listed Price |