NOT LISTED FOR SALE

1901 Banyan Rd Boca Raton, FL 33432

Estimated Value: $1,856,000 - $2,956,952

0.4 Acres
$6,203,095 Price per Acre
17,424 Sq Ft Lot

Last Sold February 28, 2020

Last sale price $1,185,000 $519 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $13,646/month

29 Days on Market

Highlights

  • Garden View
  • Boca Raton Community Middle School Rated A-
  • No HOA

About This Lot

As of February 2020

**INCREDIBLE BUILDING OPPORTUNITY** This oversized 17,250 corner lot provides a unique opportunity to establish yourself if one of Boca Raton's most prestigious neighborhoods at an incredible value. This opportunity provides a great opportunity with minimal risk with multiple comps for land value and spec home values. Located a block from the beach this is a solid investment. Located just off of A1A East of the Intracoastal. Start living the East Boca Raton lifestyle you have dreamed about surrounded by multi-million dollar estates in the conveniently located neighborhood of Spanish River Land where you are a short walk to the beach, Mizner, Boca Raton Resort and Beach Club, and Downtown Deerfield Beach.

Last Agent to Sell the Property

Talbot Sutter

Sutter & Nugent LLC License #3445276 Listed on: 01/14/2020

Sutter & Nugent LLC

Last Buyer's Agent

Talbot Sutter

Sutter & Nugent LLC License #3445276 Listed on: 01/14/2020

Sutter & Nugent LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,589

Lot Details

  • 0.4 Acre Lot
  • East Facing Home
  • Site Plan Filed

Additional Features

  • Garden Views
  • City Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Spanish River Land Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434732010170010

Property Details

Property Type

Land

Est. Annual Taxes

$6,589

Lot Details

0.4 Acres

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Directions: South on A1A from the boca inlet. Right on Via Cabana left on Banyan
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Exterior Features

  • View: Garden
  • Lot Features: City Lot, Rural 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
  • Association: No

Lot Info

  • Parcel #: 06434732010170010
  • Current Use: Single Family
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.4
  • Lot Size: 115.0 ft x 150.0 ft
  • Lot Size Sq Ft: 17211.0
  • Possible Use: Single Family
  • Mobile Dim Units: Feet
  • Zoning: R1A(ci

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6588.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Feb 27, 2020
Sold by
Humphreys Robert D and Matthews Jean
Bought by
David Evan S
Seller's Agent
Talbot Sutter
Sutter & Nugent LLC
Buyer's Agent
Talbot Sutter
Sutter & Nugent LLC
List Price
$1,295,000
Sold Price
$1,185,000
Premium/Discount to List
-$110,000
-8.49%
Current Estimated Value
$2,481,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,296,238
Avg. Annual Appreciation
12.99%

Purchase Details

Closed on
Jul 18, 2001
Sold by
Frank R Humphreys M and Humphreys M Emily W
Bought by
Humphreys Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
David Evan S $1,185,000 Attorney
Humphreys Trust -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $1,185,000 -8.5% $519 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $1,295,000 -- $567 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $8,834 $1,082,652 -- --
2024 $8,834 $1,052,140 -- --
2023 $17,175 $1,021,495 $0 $0
2022 $17,039 $991,743 $0 $0
2021 $16,978 $962,857 $0 $0
2020 $18,422 $1,002,542 $800,000 $202,542
2019 $6,682 $382,715 $0 $0
2018 $6,255 $375,579 $0 $0
2017 $6,202 $367,854 $0 $0
2016 $6,199 $360,288 $0 $0
2015 $6,348 $357,784 $0 $0
2014 $6,372 $354,944 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10591886

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-32-01-017-0010

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