5 months on rocket

1051 NE 2nd Ter, Boca Raton, FL, 33432

$5,850,000

5 Bedrooms
7 Full Baths
5,304 SqFt
$1,103/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Garage - Attached
Attached Garage3 spaces
Year BuiltNew Const., 2025
HeatingCentral
CoolingCentral Air
WaterfrontNone
ViewGarden, Pool
Private PoolYes
MLS #RX-10998051
StatusActive

About 1051 NE 2nd Ter

Introducing 1051 NE 2nd Terrace, Boca Raton--an upcoming architectural masterpiece poised to captivate the most discerning clientele. This visionary project by Empire Development promises an unparalleled standard of ultra-luxury living, bringing your dream home to life. With an anticipated completion in Q2 2025, this exclusive new construction spans 6,404 total square feet, meticulously designed to blend functionality with the epitome of luxury.Designed by the renowned Empire Development team, the floor plans showcase open concept living spaces adorned with floor to ceiling windows filling the interior with natural light, offering a grand entrance that emphasizes sleek design and meticulous craftsmanship.

Property Details

Property Features

Property Information:

  • Architectural Style: < 4 Floors, Contemporary
  • Year Built: 2025
  • Stories: 2
  • Living Area: 5,304 SqFt

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (561) 245-2635
  • Listing Agent: Senada Adzem

Interior Features

Interior Information:

  • Appliances: Automatic Garage Door Opener, Dishwasher, Disposal, Dryer, Microwave, Washer
  • Flooring Type: Tile, Wood Floor
  • Interior: Elevator, Entry Lvl Lvng Area, Foyer, Kitchen Island, Pantry, Walk-in Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None
  • View: Garden, Pool
  • Exterior: Covered Balcony, Summer Kitchen

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: 2+ Spaces, Garage - Attached

Virtual/3D Tour

  • Virtual Tour: 1051 NE 2nd Ter
Virtual Tour

Lot Features

Lot Information:

  • Lot: Sidewalk

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,850,000
  • Price Per SqFt: $1,103/SqFt

Tax Information:

  • Annual Amount: $8,197
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Boca Raton, FL.

Med. Sold Price

$635.3K

Med. Price/SqFt

$342

Avg. Days On Market

54

# of Sold Homes

169

1051 NE 2nd Ter vs Boca Raton

179 DAYS ON ROCKET

+125 Days

$5,850,000

+$5.2M More

$1,103/SqFt

+$761 More

KEY TAKEAWAY

This property is $5.2M more than the Median Sold Price and $761/SqFt more than other homes in Boca Raton, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10998051

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (561) 245-2635
  • Listing Agent: Senada Adzem

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 02, 2019Home Sold
$567,500
May 24, 2012Home Sold
$197,539

Tax History

YEARPROP. TAXASSESSMENT
2020$8,197$436,323
2019$8,245$408,509
2018$7,520$371,372
2017$6,967$337,611

History based on county public records data.

Payment Calculator

$29.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.6K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4335226
5
/10
  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 0.94 miles

  • Public Magnet Grades KG-5

school-card-donut-4335227
6
/10
  • J. C. Mitchell Elementary School

  • 2470 NW 5th Ave

  • 1.15 miles

  • Public District Grades KG-5

school-card-donut-4335228
9
/10
  • Somerset Academy Boca East

  • 333 SW 4th Ave

  • 1.23 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,444. The most common annual income of people living in Boca Raton, FL is less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Boca Raton, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Boca Raton, FL?

Boca Raton's housing market is diverse, with a mix of luxurious waterfront estates, golf course communities, and condominiums. Single-family homes are prevalent, reflecting Mediterranean and contemporary styles, while the condominiums offer a more urban living experience. The area has a high homeownership rate, with many properties featuring upscale amenities and tropical landscaping.

Is Boca Raton, FL a good place to live?

Boca Raton is celebrated for its affluent community and high quality of life. The city prides itself on its pristine beaches, well-kept parks, and exclusive golf courses. Cultural events and art festivals are integral to the community, reflecting the residents' appreciation for the finer things in life.

Are things conveniently located in Boca Raton, FL?

The city is served by a number of public and private schools, offering a range of educational opportunities. Healthcare is readily accessible, with several hospitals and clinics providing a spectrum of services from emergency care to specialized treatments. Retail and dining options abound, with a focus on high-end shopping and gourmet cuisine that cater to the sophisticated local palate.

What does the transportation in Boca Raton, FL look like?

Boca Raton features a well-developed transport network, with a variety of options including local bus services, a downtown shuttle, and access to the Tri-Rail commuter train connecting to the wider South Florida area. The city is also served by major highways like Interstate 95, facilitating travel to nearby cities and airports. While the city is car-dependent, certain areas, particularly around downtown, are more walkable, and there is a growing emphasis on improving bikeability.

Frequently Asked Questions About 1051 NE 2nd Ter

What is the listing price of this property?

The listing price of 1051 NE 2nd Ter property is $5,850,000.

What type of property is this?

The property 1051 NE 2nd Ter is a house located in Boca Raton, Florida, 33432.

Is this property for sale now?

Active Listing: 1051 NE 2nd Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,197 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 2, 2019 for $567,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1051 NE 2nd Ter has 5 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 1051 NE 2nd Ter is 5,304 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1051 NE 2nd Ter is 2025.
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Rocket Homes›Florida›Palm Beach County›Boca Raton›33432›1051 NE 2nd Ter

This home is located at 1051 NE 2nd Ter in Boca Raton, FL and zip code 33432. This 5,304 square foot home was built in 2025. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since June 21, 2024 and is currently priced at $5,850,000.

Over 12 listings were sold over their listed price in November 2024 in Boca Raton, FL. In the same period over 146 listings were sold below the listed price and 11 listings were sold for the listed price. In November 2024 in Boca Raton, FL there were 8% more homes for sale than in October 2024. In November 2024 median list price was $635,319 and the average listing age was 54 days.

From Rocket Homes Real Estate and based on county public records data.

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