$2,499,900
$100K PRICE DROP

700 Malaga Dr Boca Raton, FL 33432

Spanish River Land Neighborhood

Estimated payment $15,409/month

Total Views 1,526
0.23 Acre
$10,869,130 Price per Acre
9,823 Sq Ft Lot

Highlights

  • Beach Front
  • Boca Raton Community Middle School Rated A-
  • Corner Lot

About This Lot

Perfect, well sought after,Boca Luxury Life Style,Corner Large Lot in the Exclusive Section of Spanish River Lands. Rarely available location for you to build your Dream Home. Walking distance to the Ocean, Pristine Beaches, The Boca Raton Resort Hotel/World Class Golf Course and Upscale Downtown Boca Raton. This lot can accommodate 6100 Sq Ft under air home, depending on your Architecture Design Plans. It includes the demolition, site clearing, Geotech site prep work, T&E estimate value @ $250,000. OPTIONAL: We have submitted well imagined Fantastic Architectural Plans to the City of Boca that are practically ready for buyer to pick up the Building Permit and be shovel ready. The Extra Optional Plans Fee is $100,000 (Open to negotiation upon offer)

Listing Agent

Nan Berkowitz

First Impressions Realty Inc. License #3002316

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,792

Year Built

  • 1969

Lot Details

  • 9,823 Sq Ft Lot
  • Beach Front
  • Corner Lot
  • Interior Lot
  • Paved or Partially Paved Lot
  • Property is zoned R1A(ci

Schools

  • Boca Raton Community Middle School
  • Boca Raton Community High School

Community Details

  • Spanish River Land Co Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434732020050090
  • Seller Considering Concessions

Property Details

Property Type

Land

Est. Annual Taxes

$17,792

Year Built

1969

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Year Built: 1969

Exterior Features

  • Lot Features: Beach Front, Corner Lot, Interior Lot, < 1/4 Acre
  • Road Surface Type: Paved
  • Waterfront: No

Schools

  • High School: Boca Raton Community
  • Middle Or Junior School: Boca Raton Community

Lot Info

  • Parcel #: 06434732020050090
  • Development Status: Raw Land
  • Lot Size Acres: 0.23
  • Lot Size: < 1/4 Acre,Corner Lot,Ea
  • Lot Size Sq Ft: 9823.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 17792.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $17,792 $1,036,687 -- --
2023 $5,436 $337,369 $0 $0
2022 $5,376 $327,543 $0 $0
2021 $5,334 $318,003 $0 $0
2020 $5,254 $313,612 $0 $0
2019 $5,267 $306,561 $0 $0
2018 $4,928 $300,845 $0 $0
2017 $4,881 $294,657 $0 $0
2016 $4,871 $288,596 $0 $0
2015 $4,982 $286,590 $0 $0
2014 $5,000 $284,315 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Price Changed $2,499,900 -3.8% --
03/18/2025 03/18/25 For Sale $2,599,900 +100.0% --
06/05/2023 06/05/23 Sold $1,300,000 -23.5% $710 / Sq Ft
01/29/2023 01/29/23 For Sale $1,700,000 -- $928 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $1,300,000 Attorneys Signature Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $915,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $150,000 Credit Line Revolving
Previous Owner $297,000 Negative Amortization
Previous Owner $50,000 Credit Line Revolving
Previous Owner $212,921 Unknown
Previous Owner $15,000 Credit Line Revolving
Previous Owner $171,000 Unknown
Source: Public Records

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Source: BeachesMLS

MLS Number: R11072990

BeachesMLS

APN: 06-43-47-32-02-005-0090

Florida Palm Beach County Boca Raton 33432 Spanish River Land

700 Malaga Dr, Boca Raton, FL

Homes for Sale in Boca Raton, FL

This home is located at 700 Malaga Dr, Boca Raton, FL 33432 and is currently priced at $2,499,900. This property was built in 1969. 700 Malaga Dr is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Agent
Nan Berkowitz
Section Image
First Impressions Realty Inc.
(561) 576-8028