$1,950,000
SOLD FEB 12, 2024

1060 Spanish River Rd Boca Raton, FL 33432

Spanish River Land Neighborhood
0.34 Acre
$5,662,800 Price per Acre
15,000 Sq Ft Lot

Recently Sold

$845 Per Sq Ft

15% Below List Price

227 Days on Market

Highlights

  • Beach Front
  • Garden View
  • 3-minute walk to Spanish River Athletic Facilities
  • Boca Raton Community Middle School Rated A-

About This Lot

As of February 2024

:Now presenting 1060 Spanish River Road, an exquisite property located in the esteemed neighborhood of The Estates of Spanish River Land in Boca Raton. This remarkable residence offers not only a prestigious address but also an unrivaled location, as it stands a mere 0.25 miles away from The Boca Raton and Beach Club. With its close proximity to this renowned club, this property creates the perfect synergy of a beach house lifestyle with the added benefit of The Boca Raton's resort-style living. The property presents a generous oversized lot measuring 1/3 acre, with dimensions of 100x150. This expansive space provides 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: 06/05/2023

Serhant

Co-Listed By

Matthew Moser

Serhant License #3281268

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,279

Lot Details

  • 0.34 Acre Lot
  • Beach Front
  • Site Plan Filed
  • Property is zoned R1A(ci

Property Views

  • Garden
  • Pool

Location

  • City Lot

Community Details

  • Spanish River Land Co Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434729050040062

Property Details

Property Type

Land

Est. Annual Taxes

$7,279

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Exterior Features

  • View: Garden, Pool
  • Lot Features: Beach Front, City Lot
  • Waterfront: No

Lot Info

  • Parcel #: 06434729050040062
  • Development Status: Site Plan Filed
  • Lot Size: 100.0 ft x 150.0 ft
  • Lot Size Sq Ft: 15000.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7279.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Feb 12, 2024
Sold by
Michael J Perlman Trust
Bought by
Mora Manuel and Cabrera Angela
Seller's Agent
Nicholas Gonzalez
Serhant
List Price
$2,295,000
Sold Price
$1,950,000
Premium/Discount to List
-$345,000
-15.03%
Views
107
Current Estimated Value
$2,544,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,652
Avg. Annual Appreciation
20.30%
Original Mortgage
$1,365,000
Interest Rate
6.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 23, 2016
Sold by
Perlman M Jay
Bought by
Perlman Michael Jay and The Michael Jay Perlman Revocable Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,950,000 Coastal Abstract
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,439,000 New Conventional
Closed $1,365,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $1,950,000 0.0% $845 / Sq Ft
02/12/2024 02/12/24 Sold $1,950,000 -15.0% $845 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/19/2024 01/19/24 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

Tax History Compared to Growth

Source: Public Records

Tax History

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
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

  • N

    Seller's Agent in 2024

    Nicholas Gonzalez

    Serhant

    (561) 306-7220

    13 in this area

    100 Total Sales

    Nicholas Gonzalez
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Matthew Moser

    Serhant

    (954) 383-3422

    13 in this area

    95 Total Sales

    Matthew Moser
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10894763

BeachesMLS

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

Florida Palm Beach County Boca Raton 33432 Spanish River Land

1060 Spanish River Rd, Boca Raton, FL

This home is located at 1060 Spanish River Rd, Boca Raton, FL 33432 and is currently priced at $1,950,000, approximately $844 per square foot. 1060 Spanish River Rd is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes