NOT LISTED FOR SALE

1060 Spanish River Rd Boca Raton, FL 33432

Boca Raton Area

Estimated Value: $1,996,000 - $2,855,856

0.34 Acre
$7,216,071 Price per Acre
14,810 Sq Ft Lot

Sale Details

Date Sold: February 12, 2024

Last sale price $1,950,000 $845 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $17,166 / mo

227 Days on Market

Highlights

  • Community Beach Access
  • Fruit Trees
  • No HOA
  • Boca Raton Community Middle School Rated A-
  • Garden View
  • 3-minute walk to Spanish River Athletic Facilities

About This Lot

As of February 2024

Now presenting 1060 Spanish River Road for sale for the first time in over 40 years, a one of a kind property in the esteemed neighborhood of The Estates of Spanish River Land in Boca Raton. About as close as a single family home can get to the Boca Raton Hotel and Club, walk just a few minutes in the other direction and you're at the beach. In addition to the perfect location, the property also presents a generous oversized lot measuring 1/3 acre, with dimensions of 100x150 providing ample room for potential extensions to the existing home or the opportunity to construct a new masterpiece, with 15,000 square feet of land available for new construction.

Last Agent to Sell the Property

Nicholas Gonzalez

Serhant License #3348979 Listed on: 11/24/2023

Serhant

Co-Listed By

Matthew Moser

Serhant License #3281268

Last Buyer's Agent

Marcela Pena

United Realty Group Inc License #3062776

United Realty Group Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,279

Lot Details

  • 14,810 Sq Ft Lot
  • East Facing Home
  • Fruit Trees
  • Grass Covered Lot
  • Site Plan Filed
  • Property is zoned R1A(ci

Property Views

  • Garden
  • Pool

Location

  • City Lot

Schools

  • Boca Raton Elementary School
  • Boca Raton Community Middle School
  • Boca Raton High School

Utilities

  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434729050040062

Community Details

Overview

  • No Home Owners Association
  • Spanish River Land Co Sub Unit 1 Subdivision

Recreation

  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$7,279

Lot Details

0.34 Acres

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Exterior Features

  • View: Garden, Pool
  • Lot Features: City Lot, 1/4 to 1/2 Acre Lot
  • View: Yes
  • Waterfront: No
  • Direction Faces: East

Utilities

  • Electric: 3 Phase
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Beach Rights, Beach Access
  • Association: No

Schools

  • Elementary School: Boca Raton
  • High School: Boca Raton
  • Middle Or Junior School: Boca Raton Community

Lot Info

  • Parcel #: 06434729050040062
  • Current Use: Single Family
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.34
  • Lot Size: 100.0 ft x 150.0 ft
  • Lot Size Sq Ft: 15000.0
  • Possible Use: Single Family
  • Mobile Dim Units: Feet
  • Zoning: R1A(ci

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7279.28

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2023
Closed on
Feb 12, 2024
Sold by
Bought by
Seller's Agent
Nicholas Gonzalez
Serhant
Buyer's Agent
Marcela Pena
United Realty Group Inc
List Price
$2,295,000
Sold Price
$1,950,000
Premium/Discount to List
-$345,000
-15.03%
Views
217
Current Estimated Value
$2,453,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,464
Avg. Annual Appreciation
9.79%
Original Mortgage
$1,365,000
Interest Rate
0.0576%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2016
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,950,000 Coastal Abstract
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,439,000
Closed $1,365,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2024 02/12/24 Sold $1,950,000 0.0% $845 / Sq Ft View Prior Sale
02/12/2024 02/12/24 Sold $1,950,000 -15.0% $845 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/13/2024 01/13/24 Pending -- -- --
11/24/2023 11/24/23 For Sale $2,295,000 0.0% $994 / Sq Ft
11/02/2023 11/02/23 For Sale $2,295,000 +17.7% $994 / Sq Ft
10/03/2023 10/03/23 Off Market $1,950,000 -- --
07/18/2023 07/18/23 Price Changed $2,295,000 -4.2% $994 / Sq Ft
06/05/2023 06/05/23 For Sale $2,395,000 -- $1,037 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $44,324 $2,147,446
2024 $44,324 $2,584,816
2023 $7,352 $449,022 $0 $0
2022 $7,279 $435,944 $0 $0
2021 $7,235 $423,247 $0 $0
2020 $7,128 $417,403 $0 $0
2019 $17,923 $947,235 $735,000 $212,235
2018 $6,696 $400,411 $0 $0
2017 $6,641 $392,175 $0 $0
2016 $6,641 $384,109 $0 $0
2015 $6,801 $381,439 $0 $0
2014 $6,828 $378,412 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10894763

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-29-05-004-0062

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