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.

Virtual Tour: https://www.propertypanorama.com/1125-Waterway-Lane-Delray-Beach-FL-33483--RX-11155015/unbranded