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Rare opportunities like this don't come around often. Perfectly positioned in the heart of Downtown Boca Raton, this exceptional 80' x 108' homesite offers the ideal canvas to create a one-of-a-kind luxury residence in one of South Florida's most sought-after neighborhoods. Whether you're an end user dreaming of building your forever home, an investor seeking a premier development opportunity, or a builder looking for your next standout project, this property checks every box. Just a short stroll from the energy and excitement of Mizner Park, you'll enjoy world-class restaurants, boutique shopping, luxury entertainment, art galleries, and year-round events, all while being tucked away on a quiet residential street. Located only three blocks from Palmetto Park Road, you'll have effortless access to downtown Boca's best attractions without the noise or traffic of a main thoroughfare. The possibilities are extraordinary. Build a spectacular custom estate of 6, 000+ square feet spanning up to three stories, complete with expansive outdoor living spaces, resort-style pool, rooftop terrace, guest suite, home theater, wine room, gym, or whatever your vision inspires. To make the process even easier, build-ready architectural plans are available, allowing you to fast-track construction, or choose from custom build-to-suit options tailored to your exact lifestyle. A fixed-price construction contract is also available, providing cost certainty and a streamlined path from concept to completion. With downtown Boca Raton continuing to experience tremendous growth and demand, this is more than just a vacant lot—it's an opportunity to create something truly exceptional in one of the city's most prestigious and walkable locations. Bring your architect, bring your builder, or let us introduce you to a team that can make your dream home a reality. Opportunities like this are increasingly rare—secure your place in the heart of Downtown Boca Raton today.
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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 | $2,076,000 | $2,076,000 | $2,076,000 |
| 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 | 6.251% | 6.086% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,115 | $12,447 | $17,518 |
| Total Monthly Payment | $12,240 | $12,572 | $17,643 |
* 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.