3214 Pierson Dr, Delray Beach, FL 33483 — MLS photo

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3214 Pierson Dr, Delray Beach, FL 33483

Active · SingleFamilyResidence

$1,999,000

3214 Pierson Dr, Delray Beach, FL 33483

Beds
6
Baths
7
Living area
5,285 sq ft
$ / sq ft
$378/sq ft
Year built
2026
Lot size
14,850 sq ft
HOA fee
—
Annual tax
—

About this property

Attention Investors and builders— With APPROVED BUILDING PLANS already in place, this is the opportunity you’ve been waiting for! You can skip the lengthy approval process and move straight into development. A perfect canvas for a high-demand new construction custom home project with strong potential returns. Property includes a double lot with approved architectural plans for a single story custom home of 5,000sqft+ and approved pool plans.

Property location

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3214 Pierson Dr, Delray Beach, FL 33483

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Facts & features

Interior

Bedrooms
6
Bathrooms
7
Living area
5,285 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2026
Lot size
14,850 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Palm Beach
MLS listing ID
A11996778
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$298

Cap rate
5.5%
Net yield
5.5%
Cash-on-cash return
-0.6%
Gross yield
9.0%
Mortgage payment
$9,476/mo
Down payment
$499,750
Loan amount
$1,499,250
Annual NOI
$110,134

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.