NOT LISTED FOR SALE

6899 NE 8th Dr Boca Raton, FL 33487

Estimated Value: $4,495,000 - $10,926,032

0.4 Acre
$20,128,721 Price per Acre
17,252 Sq Ft Lot

Last Sold February 04, 2021

Last sale price $3,050,000 $1,520 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $56,638/month

84 Days on Market

Highlights

  • Property has ocean access
  • Waterfront Tip Lot
  • Corner Lot
  • Boca Raton Community Middle School Rated A-
  • Intracoastal View
  • Cul-De-Sac

About This Lot

As of February 2021

A boater's dream! Point lot with over 260 ft. of deep water frontage with south and protected west dockages. Build your dream home on this 17.251 sq. ft. lot ( one lot in from the intercoastal waterways) with wide canals to easily maneuver large boats

Last Agent to Sell the Property

Rosaria Gismondi

Regency Realty Services License #3305367 Listed on: 10/12/2020

Regency Realty Services

Co-Listed By

Gino DeMarco

Coldwell Banker License #3316646

Last Buyer's Agent

Linda Hartz

Illustrated Properties License #3264156

Illustrated Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,735

Year Built

  • 1963

Lot Details

  • 0.4 Acre Lot
  • Waterfront Tip Lot
  • Cul-De-Sac
  • Corner Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned R1C(ci

Property Views

  • Intracoastal
  • Canal

Listing and Financial Details

  • Assessor Parcel Number 06434633030120320

Community Details

Overview

  • Boca Harbour Island Sec Subdivision

Recreation

  • Property has ocean access
  • No Fixed Bridges

Property Details

Property Type

Land

Est. Annual Taxes

$18,735

Year Built

1963

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: East of US1. One mile North of Yamato
  • Special Features: VirtualTour
  • Year Built: 1963

Exterior Features

  • View: Canal, Intercoastal
  • Lot Features: Corner Lot, Cul-De-Sac
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access, Point Lot
  • Waterfront: Yes

Lot Info

  • Parcel #: 06434633030120320
  • Development Status: Site Plan Filed
  • Lot Size: 1/4 to 1/2 Acre,Corner L
  • Lot Size Sq Ft: 17252.0
  • Zoning Description: R1C(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 18735.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Feb 4, 2021
Sold by
6899 Ne 8Th Drive Llc
Bought by
Rabut Francois Damien and Rabut Stacy L
Seller's Agent
Rosaria Gismondi
Regency Realty Services
Buyer's Agent
Linda Hartz
Illustrated Properties
List Price
$2,950,000
Sold Price
$3,050,000
Premium/Discount to List
$100,000
3.39%
Total Days on Market
84
Current Estimated Value
$7,972,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,922,008
Avg. Annual Appreciation
24.84%

Purchase Details

Listed on
Sep 5, 2018
Closed on
Apr 2, 2019
Sold by
Weingarden Mark A and Konin Gabrielle
Bought by
6899 Ne 8Th Drive Llc
Seller's Agent
Eric Prego
Douglas Elliman
Buyer's Agent
Gino DeMarco
Coldwell Banker
List Price
$2,690,000
Sold Price
$1,750,000
Premium/Discount to List
-$940,000
-34.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.02%
Source: Public Records

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Range of Values:

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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
Rabut Francois Damien $3,050,000 Sunbelt Title Agency
6899 Ne 8Th Drive Llc $1,750,000 Preferred Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weingarden Mark A $500,000
Previous Owner Weingarden Mark $940,000
Previous Owner Weingarden Mark $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2021 02/04/21 Sold $3,050,000 +3.4% $1,520 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
10/12/2020 10/12/20 For Sale $2,950,000 +68.6% $1,471 / Sq Ft
04/02/2019 04/02/19 Sold $1,750,000 -34.9% $709 / Sq Ft
03/03/2019 03/03/19 Pending -- -- --
09/05/2018 09/05/18 For Sale $2,690,000 -- $1,090 / 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 $142,651 $8,405,141 -- --
2023 $62,241 $3,198,364 $4,306,500 $7,277
2022 $51,213 $2,907,604 $0 $0
2021 $29,026 $1,626,293 $1,620,000 $6,293
2020 $26,304 $1,439,014 $1,431,000 $8,014
2019 $19,015 $1,046,361 $0 $0
2018 $17,819 $1,026,851 $0 $0
2017 $17,714 $1,005,731 $0 $0
2016 $17,772 $985,045 $0 $0
2015 $18,250 $978,198 $0 $0
2014 $18,325 $970,435 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rosaria Gismondi

    Regency Realty Services

    (561) 271-9635

    7 Total Sales

    Rosaria Gismondi
    Section Image

  • G

    Seller Co-Listing Agent in 2021

    Gino DeMarco

    Coldwell Banker

    8 Total Sales

    Gino DeMarco
    Section Image
  • Linda Hartz

    Buyer's Agent in 2021

    Linda Hartz

    Illustrated Properties

    (561) 299-1126

    8 Total Sales

    Linda Hartz
    Section Image

  • E

    Seller's Agent in 2019

    Eric Prego

    Douglas Elliman

    (561) 305-2115

    13 Total Sales

    Eric Prego
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10662601

BeachesMLS

APN: 06-43-46-33-03-012-0320

Florida Palm Beach County Boca Raton 33487

6899 NE 8th Dr, Boca Raton, FL

This home is located at 6899 NE 8th Dr, Boca Raton, FL 33487 since 12 October 2020 and is currently estimated at $7,972,008, approximately $3,974 per square foot. This property was built in 1963. 6899 NE 8th Dr is a home located in Palm Beach County with nearby schools including J. C. Mitchell 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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