740 LAKE, Delray Beach, FL 33483

Exceptional direct Intracoastal opportunity in the heart of Delray Beach. Set on nearly half an acre with 103' of waterfrontage and 175' of depth, 201 Palm Trail represents an estate size lot featuring an existing 5,500 SF residence and the potential to build a custom estate of up to approximately 21,000 total SF. Enjoy the home as-is, lease it, or utilize it while designing your future waterfront estate. Coveted eastern exposure allows the residence, pool and outdoor living areas to capture long water views and morning light. A deep-water dock, corner location and dead-end privacy further distinguish this rare offering. Just minutes from Atlantic Avenue, pristine beaches, world-class dining and boutiques, with Palm Beach, Boca Raton and South Florida's airports within easy reach. An exceptional opportunity along one of Delray Beach's most desirable waterfront corridors, 201 Palm Trail offers a rare combination of location, scale and direct Intracoastal frontage. Set on nearly one-half acre with approximately 103 feet of waterfrontage and 175 feet of depth, this remarkable offering presents a potential to build a new custom estate of up to approximately 21,000 total square feet or enjoy the current 5,500 square foot residence boasting five bedrooms including primary suite with dual bathrooms and walk-in closets, dedicated gym and office, wine room, and three car garage. The orientation is equally compelling. The residence, pool and outdoor living areas face east toward the Intracoastal, capturing beautiful long water views and morning light. This coveted exposure also creates an inviting setting for afternoons by the pool and evenings along the waterfront. A deep-water dock completes the lifestyle, offering convenient boating access to the Intracoastal Waterway and Atlantic Ocean. The existing residence provides tremendous flexibility. Enjoy the home as-is, utilize it as a waterfront retreat, lease the property, or live comfortably while designing and permitting a future custom estate. For those looking to build, the property offers the scale, waterfrontage and orientation to create a truly significant Delray Beach waterfront estate. Positioned on a corner at the end of a quiet street, 201 Palm Trail also offers a rare sense of privacy while remaining just two blocks from downtown Atlantic Avenue and everything that defines the Delray Beach lifestyle. The boutiques, acclaimed restaurants and energy of Atlantic Avenue as well as Delray's pristine beaches are just minutes away. Boca Raton and Palm Beach are within easy reach, along with convenient access to South Florida's private and international airports. With 100+ feet of direct Intracoastal frontage, nearly half an acre, coveted eastern exposure, a deep-water dock and dead-end privacy, 201 Palm Trail is a standout offering in the Delray Beach luxury real estate market. Enjoy an exceptional waterfront residence today or envision a world-class custom estate for tomorrow. DISCLOSURE: All images and visual materials associated with this property, including AI generated images, virtually staged photos, edited images, artist conceptual renderings, maps, site plans, floor plans, and other graphics, are provided solely for illustrative purposes. These representations may not accurately reflect current conditions and are subject to change without notice. No representations or warranties are made regarding the accuracy or completeness of these visual materials. Buyers should not rely solely on these materials and are responsible for independently verifying all property details.