NOT LISTED FOR SALE

380 SW 5th Way Boca Raton, FL 33432

Estimated Value: $1,789,000

2 Beds
2.5 Baths
2,130 Sq Ft
$840/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $15,000,000 $7,042 Per Sq Ft

Current estimated payment $11,097/month

19 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • No HOA
  • Central Heating and Cooling System
  • Boca Raton Community Middle School Rated A-
  • Ceramic Tile Flooring
  • West Facing Home

About This Home

As of December 2020

Rare Opportunity to build on one of the most incredible 'last of its kind' waterfront properties in East Boca Raton. This property is one of the finest and highly sought after residential estate communities with direct Intracoastal access in all of Florida. Mature trees abound the almost 390 foot deep property with a private drive for homeowner only access. Enjoy a quick boat ride to Lake Boca or take advantage of South Florida's beautiful ocean via the Boca Raton Inlet. in Boca Raton's millionaire row. Conveniently located within walking distance to Mizner Park, downtown shopping, dining, ocean beaches, and the Boca Raton Hotel and Resort and Club.

Last Agent to Sell the Property

Terry Larsen

William Raveis Real Estate License #3252943 Listed on: 09/26/2020

William Raveis Real Estate

Last Buyer's Agent

Robert Gordon

Ocean Soul Properties LLC License #3226835

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,891

Year Built

  • Built in 1958

Lot Details

  • Property fronts an intracoastal waterway
  • West Facing Home

Parking

  • 1 Carport Space

Interior Spaces

  • 2,130 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Outdoor Features

  • Seawall
  • Rip-Rap

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Kinney P D & H D Gates Sub 1 In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434720250020050,06434720250010050

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,891

Year Built

Built in 1958

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: East Palmetto Park Road to NE 5th Ave. Left to 380 NE 5th on the right.
  • Year Built: 1958
  • Carport Y N: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: None
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Other
  • Living Area: 2130.0
  • Stories: 1

Exterior Features

  • Pool Private: No
  • Waterfront Features: Intracoastal Access, Riprap, Seawall
  • Waterfront: Yes
  • Construction Type: Other
  • Direction Faces: West
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Carport Spaces: 1.0
  • Garage Yn: No

Utilities

  • Other Equipment: None
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434720250020050,06434720250010050
  • Mobile Dim Units: Feet
  • Zoning: R1B - Single

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4891.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2022
Sold by
5Th Avenue Trust and 5Th Avenue Trustee Llc
Bought by
Merrill Brooks Amended And Restated Revocable and Smith
Current Estimated Value
$1,789,000

Purchase Details

Closed on
Nov 23, 2021
Sold by
Levinson Jordan
Bought by
5Th Avenue Trust and 5Th Avenue Truste

Purchase Details

Listed on
Sep 26, 2020
Closed on
Dec 29, 2020
Sold by
Alley David C and Alley Hadley J
Bought by
Levinson Jordan
Seller's Agent
Terry Larsen
William Raveis Real Estate
Buyer's Agent
Robert Gordon
Ocean Soul Properties LLC
List Price
$7,998,000
Sold Price
$15,000,000
Premium/Discount to List
$7,002,000
87.55%

Purchase Details

Closed on
May 16, 2006
Sold by
Alley John C and Alley Nancy F
Bought by
Alley John C and Alley Nancy F

Purchase Details

Closed on
Apr 14, 2005
Sold by
Alley Nancy F
Bought by
Alley John C and Alley Nancy F
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Merrill Brooks Amended And Restated Revocable $29,790,000 None Listed On Document
Merrill Brooks Amended And Restated Revocable $29,790,000 None Listed On Document
5Th Avenue Trust -- None Listed On Document
5Th Avenue Trust -- None Listed On Document
Levinson Jordan $4,610,000 None Listed On Document
Levinson Jordan $4,610,000 None Listed On Document
Alley John C -- Attorney
Alley John C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $15,000,000 +87.5% $7,042 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $7,998,000 -- $3,755 / 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
2021 $39,204 $2,153,210 -- --
2020 $4,947 $296,652 $0 $0
2019 $4,891 $289,982 $0 $0
2018 $4,639 $284,575 $0 $0
2017 $4,594 $278,722 $0 $0
2016 $4,582 $272,989 $0 $0
2015 $4,684 $271,091 $0 $0
2014 $4,702 $268,939 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10658338

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-20-25-002-0050

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