1 year on rocket

701 Tern Point Cir, Boca Raton, FL, 33431

$8,950,000

5 Bedrooms
6 Full Baths, 3 Partial
7,664 SqFt
$1,168/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Attached
Attached Garage3 spaces
Year Built1997
HeatingCentral, Zoned
CoolingCentral Air, Zoned
WaterfrontCanal, Ocean Access
FireplaceFireplace(s)
ViewCanal
Private PoolYes
MLS #RX-10933807
StatusActive

About 701 Tern Point Cir

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.

Property Details

Property Features

Property Information:

  • Architectural Style: < 4 Floors, Mediterranean
  • Year Built: 1997
  • Stories: 2
  • Living Area: 7,664 SqFt

Listing Office:

  • Office Name: Premier Estate Properties Inc
  • Office Phone: (561) 394-7700
  • Listing Agent: Carmen N D'Angelo

Interior Features

Interior Information:

  • Appliances: Automatic Garage Door Opener, Dishwasher, Disposal, Dryer, Freezer, Electric Range, Refrigerator, Washer
  • Flooring Type: Carpet, Other, Wood Floor
  • Interior: Ctdrl/Vault Ceilings, Elevator, Fireplace(s), Foyer, French Door, Laundry Tub, Pantry, Roman Tub, Split Bedroom, Walk-in Closet
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal, Ocean Access
  • View: Canal
  • Exterior: Auto Sprinkler, Built-in Grill, Covered Balcony, Covered Patio, Zoned Sprinkler

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Garage - Attached

Virtual/3D Tour

  • Virtual Tour: 701 Tern Point Cir
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Zoned
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: Call listing agent for directions.

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,950,000
  • Price Per SqFt: $1,168/SqFt

HOA Fees:

  • Amount: $1750
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $52,037
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$631.9K

Med. Price/SqFt

$341

Avg. Days On Market

74

# of Sold Homes

232

701 Tern Point Cir vs Boca Raton

374 DAYS ON ROCKET

+300 Days

$8,950,000

+$8.3M More

$1,168/SqFt

+$827 More

KEY TAKEAWAY

This property is $8.3M more than the Median Sold Price and $827/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-10933807

Listing Office:

  • Office Name: Premier Estate Properties Inc
  • Office Phone: (561) 394-7700
  • Listing Agent: Carmen N D'Angelo

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: 11/15/2024, 5:20:48 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

May 08, 1997Home Sold
$3,663,000

Tax History

YEARPROP. TAXASSESSMENT
2020$52,037$2,904,316
2019$52,329$2,839,019
2018$49,054$2,786,083
2017$48,809$2,728,779

History based on county public records data.

Payment Calculator

$46.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$26.8K

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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-388658
6
/10
  • J. C. Mitchell Elementary School

  • 2470 NW 5th Ave

  • 1.61 miles

  • Public District Grades KG-5

school-card-donut-388659
5
/10
  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 3.01 miles

  • Public Magnet Grades KG-5

school-card-donut-388660
9
/10
  • Somerset Academy Boca East

  • 333 SW 4th Ave

  • 3.24 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,242. Residents of Boca Raton, FL typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 701 Tern Point Cir

What is the listing price of this property?

The listing price of 701 Tern Point Cir property is $8,950,000.

What type of property is this?

The property 701 Tern Point Cir is a house located in Boca Raton, Florida, 33431.

Is this property for sale now?

Active Listing: 701 Tern Point Cir 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 $52,037 (source: MLS/based on county public records data).

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

The last sale was on May 8, 1997 for $3,663,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 701 Tern Point Cir has 5 bedrooms and 6 full and 3 half bathrooms.

What is the square footage of this property?

The property 701 Tern Point Cir is 7,664 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 Tern Point Cir is 1997.
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Rocket Homes›Florida›Palm Beach County›Boca Raton›33431›701 Tern Point Cir

This home is located at 701 Tern Point Cir in Boca Raton, FL and zip code 33431 in the The Sanctuary neighborhood. This 7,664 square foot home was built in 1997. Features: 5 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since November 06, 2023 and is currently priced at $8,950,000.

Boca Raton, FL housing market in October 2024 saw over 11 listings sold above listed price, more than 28 sold at listed price and over 193 sold below. The number of listings in Boca Raton, FL increased by 3.9% between September 2024 and October 2024. Listings spent 74 days on the market in October 2024, and had a median list price of $631,981 during the same period.

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

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