2 months on rocket

700 Malaga Dr, Boca Raton, FL, 33432

$2,698,000

0.23 Acres
Land

Location

Image provided by Mapbox

Property Highlights

MLS #RX-11026898
Lot Size0.23 Acres
StatusActive

About 700 Malaga Dr

Welcome to 700 Malaga Drive, an extraordinary opportunity to design your dream home in the heart of Boca Raton's historic Estates Section. This 0.23-acre corner lot is nestled in a neighborhood crafted by the renowned architect Addison Mizner, whose vision in the 1920s laid the foundation for Boca Raton's transformation into a luxurious resort town. The Estates Section, known as the Jewel of Boca, famed for its Mediterranean Revival architecture , on a barrier island between the Intracoastal Waterways and Atlantic Ocean, offers an exclusive lifestyle steeped in history and elegance.

Property Details

Property Features

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Matthew Dugow

Virtual/3D Tour

  • Virtual Tour: 700 Malaga Dr
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Lot Features

Lot Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,698,000

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

$635.3K

Med. Price/SqFt

$342

Avg. Days On Market

54

# of Sold Homes

169

700 Malaga Dr vs Boca Raton

76 DAYS ON ROCKET

+22 Days

$2,698,000

+$2.0M More

KEY TAKEAWAY

This property is $2.0M 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-11026898

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Matthew Dugow

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: 12/21/2024, 10:20:52 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

$13.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,155

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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-803567
5
/10
  • Deerfield Beach Elementary School

  • 650 NE 1st St

  • 1.02 miles

  • Public District Grades KG-5

school-card-donut-803568
5
/10
  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 1.79 miles

  • Public Magnet Grades KG-5

school-card-donut-803569
9
/10
  • Somerset Academy Boca East

  • 333 SW 4th Ave

  • 1.84 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,902. The majority of Boca Raton, FL residents have income between $35k-100k annually. The majority of families are 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 $2,698,000.

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 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 October 06, 2024 and is currently priced at $2,698,000.

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 listings in Boca Raton, FL increased by 8% between October 2024 and November 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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