NOT LISTED FOR SALE

6899 NE 8th Dr Boca Raton, FL 33487

Estimated Value: $6,822,000 - $12,031,444

0.4 Acre
$23,566,805 Price per Acre
17,424 Sq Ft Lot

Last Sold February 04, 2021

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

Est. 209% increase in value since last sale

Current estimated payment $60,839/month

97 Days on Market

Highlights

  • Property has ocean access
  • Waterfront Tip Lot
  • Corner Lot
  • Boca Raton Community Middle School Rated A-
  • Intracoastal View
  • No HOA

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

Lot Details

  • 0.4 Acre Lot
  • Waterfront Tip Lot
  • Home fronts a canal
  • Cul-De-Sac
  • North Facing Home
  • Corner Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed

Additional Features

  • Intracoastal Views
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434633030120320

Community Details

Overview

  • No Home Owners Association
  • Boca Harbour Island Sec Subdivision

Recreation

  • Property has ocean access
  • No Fixed Bridges

Property Details

Property Type

Land

Est. Annual Taxes

$18,735

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Directions: East of US1. One mile North of Yamato
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Exterior Features

  • View: Intercoastal
  • Lot Features: Cleared, Corner Lot, Cul-De-Sac, Other, 1/4 to 1/2 Acre Lot
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Canal Front, No Fixed Bridges, Ocean Access, Point Lot
  • Waterfront: Yes
  • Direction Faces: North

Utilities

  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 06434633030120320
  • Current Use: Single Family, Unimproved
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.4
  • Lot Size Sq Ft: 17252.0
  • Possible Use: Single Family
  • Mobile Dim Units: Feet
  • Zoning: R1C(ci

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 18735.2

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%
Current Estimated Value
$9,426,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,376,722
Avg. Annual Appreciation
25.49%

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
03/03/2019 03/03/19 Pending -- -- --
09/05/2018 09/05/18 For Sale $2,690,000 -- $1,090 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $142,651 $8,633,945 -- --
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

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10662601

BeachesMLS (Greater Fort Lauderdale)

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