NOT LISTED FOR SALE

720 NE 5th Ave Boca Raton, FL 33432

Estimated Value: $4,512,000 - $8,137,000

4 Beds
5 Baths
3,632 Sq Ft
$1,741/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $3,425,000 $943 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $42,946/month

1,138 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Private Pool
  • Ceramic Tile Flooring
  • Boca Raton Community Middle School Rated A-
  • High Ceiling
  • Central Heating and Cooling System

About This Home

As of August 2014

Direct Intracoastal property with 114 ft of waterfront and a lot greater than 3/4 of an acre. No wake zone,close to direct ocean access.Three bedroom main house plus guest cottage with additional bedroom.Oversized pool.Beautiful views. The information herein is deemed reliable and subject to errors, omissions and changes without notice. All measurements are approximate.

Last Agent to Sell the Property

Pamela Fishman

Luxury Partners Realty License #596571 Listed on: 06/17/2011

Luxury Partners Realty

Last Buyer's Agent

Jennifer Rosemurgy

Shore Real Estate Group, LLC License #3414101

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,245

Year Built

  • Built in 1971

Lot Details

  • Property fronts an intracoastal waterway
  • West Facing Home
  • Property is zoned R1b

Home Design

  • Wood Siding

Interior Spaces

  • 3,632 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Intracoastal Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • Acreage & Unrec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434720000040070

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,245

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Palmetto Pk Road East, Left on 5th Ave. ICWW is on the right.
  • Year Built: 1971
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: High Ceilings
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 3632.0
  • Stories: 2

Exterior Features

  • View: Intercoastal
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Direction Faces: West

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

  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434720000040070
  • Zoning Description: R1b

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 21245.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2024
Sold by
69 Ne 5Th Avenue Boca Llc
Bought by
Murphy Thomas and Murphy Michelle
Current Estimated Value
$6,324,500

Purchase Details

Closed on
Oct 11, 2021
Sold by
Falcone Arthur J and Falcone Marcy D
Bought by
69 Ne 5Th Avenue Boca Llc

Purchase Details

Closed on
Oct 7, 2021
Sold by
69 Ne 5Th Avenue Boca Llc
Bought by
Falcone Arthur J and Falcone Marcy D

Purchase Details

Closed on
Nov 13, 2020
Sold by
720 5Th Avenue Associates Llc
Bought by
690 720 Ne 5Th Avenue Boca Llc

Purchase Details

Closed on
Jan 10, 2019
Sold by
Rosemurgy Alexander S and Rosemurgy Jennifer N
Bought by
720 5Th Avenue Associates Llc

Purchase Details

Listed on
Jun 17, 2011
Closed on
Aug 29, 2014
Sold by
Kornblue Edwin B and Kornblue Andrea B
Bought by
Rosemurgy Ii Alexander S and Rosemurgy Jennifer N
Seller's Agent
Pamela Fishman
Luxury Partners Realty
Buyer's Agent
Jennifer Rosemurgy
Shore Real Estate Group, LLC
List Price
$4,375,000
Sold Price
$3,425,000
Premium/Discount to List
-$950,000
-21.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$4,000,000
Interest Rate
4.2%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Murphy Thomas -- None Listed On Document
Murphy Thomas -- None Listed On Document
69 Ne 5Th Avenue Boca Llc $587,393 Osborne & Osborne Pa
Falcone Arthur J $587,393 Osborne & Osborne Pa
690 720 Ne 5Th Avenue Boca Llc $4,795,000 Attorney
720 5Th Avenue Associates Llc $5,252,000 Attorney
Rosemurgy Ii Alexander S $3,339,375 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosemurgy Ii Alexander S $4,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2014 08/29/14 Sold $3,425,000 -21.7% $943 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
06/17/2011 06/17/11 For Sale $4,375,000 -- $1,205 / 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 $118,106 $5,789,850 -- --
2023 $91,341 $5,263,500 -- --
2022 $84,962 $4,785,000 -- --
2021 $78,548 $4,350,000 $4,350,000 $0
2020 $78,011 $4,320,000 $4,320,000 $0
2019 $65,419 $3,900,000 $3,900,000 $0
2018 $52,976 $2,983,680 $2,983,680 $0
2017 $53,970 $2,983,680 $2,983,680 $0
2016 $55,064 $2,956,800 $0 $0
2015 $51,653 $2,688,000 $0 $0
2014 $21,930 $1,147,038 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3205091

BeachesMLS

APN: 06-43-47-20-00-004-0070