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  • MLS® #: 16-2384
  • 554 Palm Way
  • Delray Beach, FL 33483
  • $8,195,000
  • 5 Beds, 7 Bath, 9601 SqFt
  • Residential

Point Lot Estate Commanding 411 feet of Waterfrontage. Staged against the sparkling Intracoastal this 9,600 total square foot Point Lot Estate is sited on 411 feet of water frontage. Completely re-designed from top to bottom in 2014 the meticulous finishes and superb craftsmanship are evident in every detail. The home offers 5 bedrooms seven plus baths, a self-contained guest apartment with large living and kitchen area accommodating friends and family with prized private space. Upon arrival guests are greeted with a gracious staircase leading to a magnificent master suite with his/her bathrooms, three additional guest suite, all with water views, plus a workout room. Encompassing the first floor is a lovely living room with fireplace, an oversized dining room and a cozy sitting area. A gourmet kitchen suited to the best of chef's where informal meals may be enjoyed in a large breakfast area surrounded by water. Adjacent to the kitchen is a magnificent family room with cathedral callings, large windows affording lots of light and sweeping water views. Completing the first floor is a private office, a game room which flows to two private terraces, large pool and dock all inviting spirited outdoor entertainment. The estate is surrounded by an oasis of lush tropical landscaping bestowing supreme serenity with broad vistas reflecting the synergy of water and nature. Close to the fabulous Atlantic Ocean and Atlantic Avenue. Don't miss this opportunity !!

Essential Information

  • MLS® #16-2384
  • Price$8,195,000
  • CAD Dollar$10,118,145
  • UK Pound£6,067,873
  • Euro€6,871,163
  • Bedrooms5
  • Bathrooms7.00
  • Half Baths1
  • Square Footage9,601
  • Year Built1963
  • TypeResidential
  • Sub-TypeResidential
  • StyleBermuda
  • StatusActive

Community Information

  • Address554 Palm Way
  • Area05 - Out of Town
  • SubdivisionPolo Cove
  • CityDelray Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33483

Amenities

  • Garages2 Car
  • Is WaterfrontYes
  • WaterfrontIntracoastal-Direct
  • Has PoolYes
  • PoolPool

Interior

  • HeatingCentral Heat
  • CoolingCentral Air

Exterior

  • WindowsImpact Glass-Full
  • RoofCement Tile
  • ConstructionCement Block/Stucco

Exterior Features

Balcony, Seawall/Bulkhead, Patio/Lanai, Cabana, Sprinkler System, Guesthouse/Cottage

  • Office: The Corcoran Group
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554 Palm Way on www.waterfront-properties.com

Offered at the current list price of $8,195,000, this home for sale at 554 Palm Way features 5 bedrooms and 7 bathrooms. This real estate listing is located in Polo Cove of Delray Beach, FL 33483 554 Palm Way is listed under the MLS ID of 16-2384 and has been on the Delray Beach real estate market for 320 days.

Facts About Delray Beach, FL

The city name was changed from Linton to Delray Beach in 1901.

Delray Beach was home to many writers and artists who sought refuge from cold northern winters in the 20th century.

The Morikami Museum is a prime attraction in Delray Beach. Established in 1903, it was once a Japanese farming colony.

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The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of Palm Beach Board of Realtors Multiple Listing Service. Real estate listings held by brokerage firms other than Waterfront Properties and Club Communities are marked with the listing broker's logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

The broker providing this data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

© 2017 Palm Beach Board of Realtors Multiple Listing Service. All Rights Reserved.

Listing information last updated on September 24th, 2017 at 10:21pm EDT.