NOT LISTED FOR SALE

380 SW 5th Way Boca Raton, FL 33432

Boca Raton Heights Neighborhood

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 $11,584/month

65 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Ceramic Tile Flooring
  • Seawall
  • Boca Raton Community Middle School Rated A-
  • Central Heating and Cooling System
  • 1-Story Property

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.

Last Agent to Sell the Property

Theresa Larsen

William Raveis Real Estate License #3252943 Listed on: 09/25/2020

William Raveis Real Estate

Last Buyer's Agent

Robert Gordon

Ocean Soul Properties LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,891

Year Built

  • Built in 1958

Lot Details

  • Property fronts an intracoastal waterway
  • Property is zoned R1B - Si

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Seawall
  • Rip-Rap

Utilities

  • Central Heating and Cooling System

Community Details

  • Kinney P D & H D Gates Su 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

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
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: Intracoastal Access, Riprap, Seawall
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Other
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • 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

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434720250020050,06434720250010050
  • Zoning Description: R1B - Si

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 Trustee Llc

Purchase Details

Listed on
Sep 25, 2020
Closed on
Dec 29, 2020
Sold by
Alley Hadley J and Alley Kristin Archer
Bought by
Levinson Jordan
Seller's Agent
Theresa 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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.54%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

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

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alley John C $150,000
Previous Owner Alley John C $150,000
Previous Owner Alley John C $100,000
Previous Owner Alley Nancy F $200,000
Previous Owner Alley John C $125,001
Previous Owner Alley John C $300,000
Previous Owner Alley Nancy F $101,756
Previous Owner Alley Nancy F $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

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
2021 $39,204 $2,153,210 $1,980,000 $173,210
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

  • T

    Seller's Agent in 2020

    Theresa Larsen

    William Raveis Real Estate

    (561) 289-4462

    1 in this area

    46 Total Sales

    Section Image

  • R

    Buyer's Agent in 2020

    Robert Gordon

    Ocean Soul Properties LLC

  • R

    Buyer's Agent in 2020

    Robert Gordon

    Ocean Soul Properties LLC

    (561) 756-0006

    1 in this area

    3 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10658338

BeachesMLS

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

Florida Palm Beach County Boca Raton 33432 Boca Raton Heights

380 SW 5th Way, Boca Raton, FL

This home is located at 380 SW 5th Way, Boca Raton, FL 33432 since 25 September 2020 and is currently priced at $1,789,000, approximately $839 per square foot. This property was built in 1958. 380 SW 5th Way 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.

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