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Tucked away on a quiet cul-de-sac within Boca Keys, this premier deepwater homesite presents an exceptional opportunity to build a custom waterfront estate in one of Boca Raton's most coveted boating communities. This 9, 932 sq. ft. parcel (approximately 90 ft. x 110 ft. ) is cleared and ready for construction, with utilities available at the street for easy hookup. Zoned R-1-B (Single-Family Residential), the property is ideal for designing a custom 5, 000+ sq. ft. luxury residence. Boasting approximately 90 feet of water frontage, a newly constructed seawall, and a substantial concrete dock capable of accommodating up to a 70-foot vessel, it is perfectly suited for those who appreciate life on the water. Situated in a no-wake zone with no fixed bridges and direct ocean access, enjoy effortless navigation to the Intracoastal Waterway in minutes and reach Lake Boca and the Boca Inlet in approximately five miles. Southeastern backyard exposure enhances the waterfront setting. Ideally located just four miles from downtown Boca Raton and moments from world-class dining, shopping, private aviation, pristine beaches, and premier golf and country clubs, this rare offering delivers the ultimate blend of luxury, privacy, convenience, and an unparalleled South Florida boating lifestyle. Some images have been virtually rendered or staged to illustrate the potential of a future custom residence.
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,799,999 | $2,799,999 | $2,799,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $16,340 | $16,787 | $23,628 |
| Total Monthly Payment | $16,465 | $16,912 | $23,753 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.