$7,500,000
SOLD MAY 7, 2025

701 Tern Point Cir Boca Raton, FL 33431

5 Beds
9 Baths
7,664 Sq Ft
0.3 Acres

Recently Sold

$979 Per Sq Ft

16% Below List Price

526 Days on Market

Highlights

  • 116 Feet of Waterfront
  • Property has ocean access
  • Private Pool
  • Boca Raton Community Middle School Rated A-
  • Gated with Attendant
  • Canal View

About This Home

As of May 2025

Chic Montecito style meets this Sanctuary deepwater estate sited on 116+/- feet of waterfrontage originally built by Palm Beach builder Addison Development and interiors by Marc-Michaels. Authentic Spanish Colonial influenced interiors boast rich hardwood floors, terra cotta and gorgeous tough and groove beamed wood ceilings and gentle archways sets the stage for glamorous living. Lavish Primary suite includes two baths (one in the new Dior boutique vibe ) , lounge, exercise room and waterway balcony . Reimaged resort-styled pool/patio is enhanced with water features and sculpture garden, Loggia with professional bar and summer kitchen and Cabana. Shown by appt only.

Last Agent to Sell the Property

Carmen Dangelo

Premier Estate Properties Inc License #489907 Listed on: 11/06/2023

Last Buyer's Agent

Jonathan Postma

Coldwell Banker/BR License #3199367

Coldwell Banker/BR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,404

Year Built

  • Built in 1997

Lot Details

  • 116 Feet of Waterfront
  • Sprinkler System

HOA Fees

  • $2,054 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 7,664 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished
  • Vaulted Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Private Pool
  • Property has ocean access
  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434708200000510

Community Details

Overview

  • Association fees include common areas, cable TV, security
  • The Sanctuary Subdivision

Recreation

  • Tennis Courts

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,404

Year Built

Built in 1997

Lot Details

0

HOA Fees

$2,054 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Call listing agent for directions.
  • Year Built: 1997
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Other, Wood
  • Living Area: 7664.0
  • Dining Room Type: Den, Family Room, Great Room, In-Law Suite
  • Stories: 2

Exterior Features

  • Exterior Features: Outdoor Grill, Patio
  • View: Canal
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile
  • FrontageLengthRemarks: 116

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2054.0
  • Community Features: Gated, Tennis Court(s)
  • Senior Community: No
  • Amenities: Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Security

Lot Info

  • Parcel #: 06434708200000510
  • Lot Size: 13,036 SQ FT APPRX
  • Zoning Description: RESIDENT

Rental Info

  • Security Deposit: 150.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 54404.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
May 7, 2025
Sold by
Fuente David I and Fuente Sheila K
Bought by
Robyn Romano 2015 Family Trust and Joseph P Romano 2015 Family Trust
Seller's Agent
Carmen Dangelo
Premier Estate Properties Inc
Buyer's Agent
Jonathan Postma
Coldwell Banker/BR
List Price
$8,950,000
Sold Price
$7,500,000
Premium/Discount to List
-$1,450,000
-16.2%
Views
172
Current Estimated Value
$7,860,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,421
Avg. Annual Appreciation
29.51%

Purchase Details

Closed on
May 8, 1997
Sold by
901 Atlantic Inc
Bought by
Fuente David I and Fuente Sheila K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,564,000
Interest Rate
7.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 1996
Sold by
Dorn Properties Inc
Bought by
901 Atlantic Inc

Purchase Details

Closed on
Dec 29, 1995
Sold by
Dornacher Mirjam
Bought by
Dorn Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
7.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1995
Sold by
Dornacher Mirjam
Bought by
Dorn Prop Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
8.49%

Purchase Details

Closed on
Jun 3, 1994
Sold by
Kall Richard and Kall Carol
Bought by
Dornacher Mirjam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,500
Interest Rate
8.46%
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $7,500,000 None Listed On Document
Deed $3,663,000 --
Warranty Deed $780,000 --
Quit Claim Deed $100 --
Warranty Deed $600,000 --
Warranty Deed $732,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,500,000 New Conventional
Previous Owner $3,500,000 Credit Line Revolving
Previous Owner $2,564,000 New Conventional
Previous Owner $1,250,000 New Conventional
Previous Owner $1,250,000 No Value Available
Previous Owner $622,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Sold $7,500,000 -11.2% $979 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
12/12/2024 12/12/24 Price Changed $8,450,000 -5.6% $1,103 / Sq Ft
11/06/2023 11/06/23 For Sale $8,950,000 -- $1,168 / 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 $54,404 $3,218,055 -- --
2023 $53,260 $3,124,325 $0 $0
2022 $52,890 $3,033,325 $0 $0
2021 $52,769 $2,944,976 $0 $0
2020 $52,037 $2,904,316 $0 $0
2019 $52,329 $2,839,019 $0 $0
2018 $49,055 $2,786,083 $0 $0
2017 $48,809 $2,728,779 $0 $0
2016 $49,031 $2,672,653 $0 $0
2015 $50,401 $2,654,074 $0 $0
2014 $50,613 $2,633,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10933807

BeachesMLS

APN: 06-43-47-08-20-000-0510