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5533 Rico Dr, Boca Raton, FL, 33487

$2,498,700

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
3,078 SqFt
$812/SqFt
House

Location

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5533 Rico Dr, Boca Raton$2,498,700

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDrive - Circular, Garage - Attached
Attached Garage1 space
Year Built1970
HeatingCentral, Electric
CoolingElectric
WaterfrontCanal, Ocean Access
FireplaceFireplace(s)
ViewCanal, Pool
Private PoolYes
MLS #RX-11033993
StatusActive

About 5533 Rico Dr

Experience the epitome of luxury living with this spectacular waterfront home in East Boca Raton. RENOVATED HOME just freshly painted, OCEAN ACCESS and NO FIXED BRIDGES. Experience the tranquility of a private enclave, just moments from the Intracoastal Waterway and the breathtaking beauty of Boca Raton's sunsets. Enjoy the convenience of nearby downtown Boca, Lake Boca, Mizner Park, and Delray Beach's vibrant Atlantic Avenue. This modern coastal masterpiece features smart home technology, impact glass, a state-of-the-art pool heater, Nest thermostats, Lutron smart lighting systems, and luxurious porcelain wood floors. The open floor plan is perfect for entertaining, while the circular driveway and expansive yard provide ample space for outdoor enjoyment. Don't miss this opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1970
  • Stories: 2
  • Living Area: 3,078 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty /Delray Beach
  • Office Phone: (561) 278-0300
  • Listing Agent: Ashley Israel

Interior Features

Interior Information:

  • Appliances: Automatic Garage Door Opener, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Oven, Washer
  • Flooring Type: Other
  • Interior: Built-in Shelves, Ctdrl/Vault Ceilings, Entry Lvl Lvng Area, Fireplace(s), French Door, Kitchen Island, Pantry, Split Bedroom, Upstairs Living Area, Volume Ceiling, Walk-in Closet
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal, Ocean Access
  • View: Canal, Pool
  • Exterior: Auto Sprinkler, Open Balcony, Open Patio, Outdoor Shower

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Drive - Circular, Garage - Attached

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Paved

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Electric

Other

Directions Information:

  • Directions: Federal Highway North of Yamato. East on Jeffrey Street to NE 7th Ave. South on 7th Avenue to Newcastle. Left on Rico, home is on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,498,700
  • Price Per SqFt: $812/SqFt

Tax Information:

  • Annual Amount: $16,531
  • Tax Year: 2020
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Housing Market Comparison

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

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Boca Raton, FL

City

Med. Sold Price

$635.3K

Med. Price/SqFt

$342

Avg. Days On Market

54

# of Sold Homes

169

5533 Rico Dr vs Boca Raton

47 DAYS ON ROCKET

-7 Days

$2,498,700

+$1.8M More

$812/SqFt

+$470 More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $470/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-11033993

Listing Office:

  • Office Name: Coldwell Banker Realty /Delray Beach
  • Office Phone: (561) 278-0300
  • Listing Agent: Ashley Israel

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: 12/22/2024, 6:20:52 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

Jan 15, 2021Home Sold
$1,176,000
Oct 19, 2017Home Sold
$875,000
Oct 25, 2012Home Sold
$532,000
Dec 04, 2008Home Sold
$500,000
Dec 28, 2000Home Sold
$515,000
Sep 10, 1999Home Sold
$331,500

Tax History

YEARPROP. TAXASSESSMENT
2020$16,531$897,823
2019$17,323$909,591
2018$14,991$826,901
2017$14,779$802,463

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,558

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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-897838
6
/10

  • J. C. Mitchell Elementary School

  • 2470 NW 5th Ave

  • 2.15 miles

  • Public District Grades KG-5

school-card-donut-897839
7
/10

  • Pine Grove Elementary School

  • 400 SW 10th St

  • 3.32 miles

  • Public District Grades EE-5

school-card-donut-897840
9
/10

  • Calusa Elementary School

  • 2051 Clint Moore Rd

  • 3.55 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,464. Most Boca Raton, FL residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5533 Rico Dr

What is the listing price of this property?

The listing price of 5533 Rico Dr property is $2,498,700.

What type of property is this?

The property 5533 Rico Dr is a house located in Boca Raton, Florida, 33487.

Is this property for sale now?

Active Listing: 5533 Rico Dr 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 $16,531 (source: MLS/based on county public records data).

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

The last sale was on January 15, 2021 for $1,176,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5533 Rico Dr has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5533 Rico Dr is 3,078 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5533 Rico Dr is 1970.

Rocket Homes›Florida›Palm Beach County›Boca Raton›33487›5533 Rico Dr

This home is located at 5533 Rico Dr in Boca Raton, FL and zip code 33487 in the Caribbean Keys neighborhood. This 3,078 square foot home was built in 1970. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $2,498,700.

In November 2024, from all listings sold in Boca Raton, FL there were more than 12 sold above asking price, over 146 sold below and more than 11 were sold right at the asked price. The number of homes for sale in Boca Raton, FL increased by 8% between October 2024 and November 2024. While the average time on the market in November 2024 was 54 days, the median list price was $635,319.

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

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