22 days on rocket

700 Malaga Dr, Boca Raton, FL, 33432

$3,195,000

0.23 Acres
Land

Location

Image provided by Mapbox

Property Highlights

MLS #RX-11018563
Lot Size0.23 Acres
StatusActive

About 700 Malaga Dr

Welcome to 700 Malaga Drive, where the pinnacle of luxury living awaits. This exceptional development opportunity presents a prime canvas for crafting a captivating haven of modern elegance. Embrace the chance to create your dream home in one of Boca Raton's most prestigious neighborhoods, surrounded by sophistication and beauty. Nestled in Spanish River Land, this expansive lot spans approximately 9,824 square feet, providing ample space for your dream home. Detailed plans for this potential development, including architectural renderings and potential finishes, are available upon request. Having these comprehensive plans at your disposal not only expedites the building process but also allows you to visualize the full potential of the property.

Property Details

Property Features

Listing Office:

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

Virtual/3D Tour

  • Virtual Tour: 700 Malaga Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Interior Lot
  • Lot Size: 0.23 Acres

School Info

Assigned Schools Information:

  • Boca Raton Community High School, Public Magnet Grades 9-12
  • Boca Raton Middle School, Public Magnet Grades 6-8
  • Boca Raton Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Palmetto Park Rd (east) to SR A1A (south), right on Osceola Dr (west). Left on Spanish River Rd (south) for 0.2 miles, the property will be on the left at the corner of Malaga Dr and Spanish River Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,195,000

Tax Information:

  • Annual Amount: $5,254
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$631.1K

Med. Price/SqFt

$341

Avg. Days On Market

57

# of Sold Homes

270

700 Malaga Dr vs Boca Raton

22 DAYS ON ROCKET

-35 Days

$3,195,000

+$2.5M More

KEY TAKEAWAY

This property is $2.5M more than the Median Sold Price in Boca Raton, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11018563

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: 9/28/2024, 12:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,254$313,612
2019$5,266$306,561
2018$4,928$300,845
2017$4,881$294,657

History based on county public records data.

Payment Calculator

$16K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,645

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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.

Elementary School

school-card-donut-1352041
6
/10
  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 1.80 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-1352042
6
/10
  • Boca Raton Middle School

  • 1251 NW 8th St

  • 3.24 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1352043
6
/10
  • Boca Raton Community High School

  • 1501 NW 15th Ct

  • 3.60 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,902. The most common annual income of people living in Boca Raton, FL is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 700 Malaga Dr

What is the listing price of this property?

The listing price of 700 Malaga Dr property is $3,195,000.

What type of property is this?

The property 700 Malaga Dr is land located in Boca Raton, Florida, 33432.

Is this property for sale now?

Active Listing: 700 Malaga Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 700 Malaga Dr are:
Boca Raton Elementary School: GreatSchools Rating 6/10
Boca Raton Middle School: GreatSchools Rating 6/10
Boca Raton Community High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,254 (source: MLS/based on county public records data).

How much acreage is this property?

The property 700 Malaga Dr is 0.23 acres.
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Rocket HomesFloridaPalm Beach CountyBoca Raton33432700 Malaga Dr

This home is located at 700 Malaga Dr in Boca Raton, FL and zip code 33432 in the The Estates neighborhood. This home sits on a 0.23 acre lot. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $3,195,000.

In August 2024, from all listings sold in Boca Raton, FL there were more than 17 sold above asking price, over 223 sold below and more than 30 were sold right at the asked price. The number of listings in Boca Raton, FL increased by 2.3% between July 2024 and August 2024. The median list price of listings available in August 2024 was $631,194, while the average time on the real estate market was 57 days.

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

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