PENDING
$500K PRICE DROP
701 Tern Point Cir Boca Raton, FL 33431
Estimated payment $53,751/month
Total Views
24,156
5
Beds
9
Baths
7,664
Sq Ft
$1,103
Price per Sq Ft
Highlights
- 116 Feet of Waterfront
- Property has ocean access
- Private Pool
- Boca Raton Community Middle School Rated A-
- Gated with Attendant
- Canal View
About This Home
Chic Montecito style meets this Sanctuary deepwater estate sited on 116+/- feet of waterfrontage originally built by Palm Beach builder Addison Development and interiors by Marc-Michaels. Authentic Spanish Colonial influenced interiors boast rich hardwood floors, terra cotta and gorgeous tough and groove beamed wood ceilings and gentle archways sets the stage for glamorous living. Lavish Primary suite includes two baths (one in the new Dior boutique vibe ) , lounge, exercise room and waterway balcony . Reimaged resort-styled pool/patio is enhanced with water features and sculpture garden, Loggia with professional bar and summer kitchen and Cabana. Shown by appt only.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $54,404
Year Built
- Built in 1997
Lot Details
- 116 Feet of Waterfront
- Sprinkler System
HOA Fees
- $2,054 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Door Opener
Home Design
- Mediterranean Architecture
- Spanish Tile Roof
- Tile Roof
Interior Spaces
- 7,664 Sq Ft Home
- 2-Story Property
- Elevator
- Furnished
- Vaulted Ceiling
- Fireplace
- French Doors
- Entrance Foyer
- Great Room
- Family Room
- Formal Dining Room
- Den
- Canal Views
Kitchen
- Breakfast Area or Nook
- Electric Range
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- In-Law or Guest Suite
- Roman Tub
- Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
- Laundry Tub
Outdoor Features
- Private Pool
- Property has ocean access
- Patio
- Outdoor Grill
Utilities
- Forced Air Zoned Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 06434708200000510
Community Details
Overview
- Association fees include common areas, cable TV, security
- The Sanctuary Subdivision
Recreation
- Tennis Courts
Security
- Gated with Attendant
Map
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Home Values in the Area
Average Home Value in this Area
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 | $54,404 | $3,218,055 | -- | -- |
| 2023 | $53,260 | $3,124,325 | $0 | $0 |
| 2022 | $52,890 | $3,033,325 | $0 | $0 |
| 2021 | $52,769 | $2,944,976 | $0 | $0 |
| 2020 | $52,037 | $2,904,316 | $0 | $0 |
| 2019 | $52,329 | $2,839,019 | $0 | $0 |
| 2018 | $49,055 | $2,786,083 | $0 | $0 |
| 2017 | $48,809 | $2,728,779 | $0 | $0 |
| 2016 | $49,031 | $2,672,653 | $0 | $0 |
| 2015 | $50,401 | $2,654,074 | $0 | $0 |
| 2014 | $50,613 | $2,633,010 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | Pending | -- | -- | -- |
| 12/12/2024 12/12/24 | Price Changed | $8,450,000 | -5.6% | $1,103 / Sq Ft |
| 11/06/2023 11/06/23 | For Sale | $8,950,000 | -- | $1,168 / Sq Ft |
Source: BeachesMLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $3,663,000 | -- | |
| Warranty Deed | $780,000 | -- | |
| Quit Claim Deed | $100 | -- | |
| Warranty Deed | $600,000 | -- | |
| Warranty Deed | $732,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,500,000 | New Conventional | |
| Closed | $3,500,000 | Credit Line Revolving | |
| Closed | $2,564,000 | New Conventional | |
| Previous Owner | $1,250,000 | New Conventional | |
| Previous Owner | $1,250,000 | No Value Available | |
| Previous Owner | $622,500 | No Value Available |
Source: Public Records
Similar Homes in Boca Raton, FL
Source: BeachesMLS
MLS Number: R10933807
APN: 06-43-47-08-20-000-0510
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