870 Palm Avenue, Boca Raton, FL 33432

$2,400,000 — Active

Property Features

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Attention developers and builders. Rare turnkey development opportunity in Boca Raton’s prestigious Por La Mar, located on the barrier island just steps from the beach. Two side by side residential lots are available with plans ready for permit submittal, offering meaningful time savings and a more streamlined path to construction. No HOA. Purchase one lot or secure both together for stronger value, greater flexibility, and maximum upside in a prime coastal location. Introducing Villa Luna, Lot 83, a premier offering that includes the lot plus architectural plans ready for permit submittal for a stunning modern estate. The proposed 3 story residence offers 7,397 square feet under A/C, plus an additional 1,670 square feet, for a total of 9,068 square feet. The home features 6 bedrooms, 8 bathrooms, a 3 car garage, elevator, resort style pool and spa, private cabana, expansive summer living areas, and a butler’s kitchen designed for elevated entertaining. The envisioned floor plan includes an open concept living area, spa inspired primary bath with steam shower, and a full third floor primary suite with a private open sky terrace, delivering the ultimate indoor outdoor lifestyle in one of Boca Raton’s most desirable coastal neighborhoods. Minutes from top rated schools, parks, dining, beaches, and premier lifestyle amenities. Contact for full plans, and development details.

Property Details

  • Listing ID: A12038571
  • Status: Active
  • Listing Date: 2026-06-17
  • Property Type: Unimproved Land
  • Subdivision: BOCA RATON POR LA MAR
  • County: Palm Beach
  • MLS Area: 4160
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: N/A
  • Lot Dimensions: 8250

Financial

  • List Price: $2,400,000
  • HOA Fee: None
  • Taxes: $25,000/yr

Features & Amenities

Courtesy of Aterra Real Estate Partners, LLC
Contact Starfish Real Estate to schedule an appointment or call .

RAPB

© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.