NOT LISTED FOR SALE

7940 N Federal Hwy Unit A Boca Raton, FL 33487

Estimated Value: $6,401,185

-- Bed
-- Bath
14,014 Sq Ft
$457/Sq Ft Est. Value

About This Home

This home is located at 7940 N Federal Hwy Unit A, Boca Raton, FL 33487 and is currently estimated at $6,401,185, approximately $456 per square foot. 7940 N Federal Hwy Unit A 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2023
Sold by
Farr Llc
Bought by
Smoke-N-Coffee Realty Inc
Current Estimated Value
$6,401,185

Purchase Details

Closed on
Nov 30, 2022
Sold by
7940 Land Holdings Llc
Bought by
Farr Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2020
Sold by
Cbgb Mgt Llc
Bought by
7940 Land Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,375,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2016
Sold by
Old Shore Associates Ii Llc
Bought by
Cbgb Mgt Llc

Purchase Details

Closed on
Mar 9, 1999
Sold by
Zubicki Realty Associates
Bought by
Old Shore Associates Ii Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.79%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Smoke-N-Coffee Realty Inc -- None Listed On Document
Farr Llc $6,000,000 --
7940 Land Holdings Llc $4,500,000 Attorney
Cbgb Mgt Llc $4,250,000 None Available
Old Shore Associates Ii Lc $1,375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farr Llc $2,000,000
Previous Owner 7940 Land Holdings Llc $3,375,000
Previous Owner Old Shore Associates Ii Lc $1,300,000
Source: Public Records

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 $85,091 $4,517,377 -- --
2023 $86,217 $4,549,997 $1,521,270 $3,028,727
2022 $79,039 $3,912,027 $0 $0
2021 $71,456 $3,556,388 $1,267,725 $2,288,663
2020 $52,153 $2,491,124 $1,095,314 $1,395,810
2019 $51,026 $2,354,003 $1,043,257 $1,310,746
2018 $47,793 $2,305,245 $992,882 $1,312,363
2017 $46,894 $2,217,294 $945,890 $1,271,404
2016 $43,593 $2,022,484 $0 $0
2015 $41,010 $1,844,943 $0 $0
2014 $40,119 $1,765,854 $0 $0
Source: Public Records

Map

Florida Palm Beach County Boca Raton 33487

7940 N Federal Hwy Unit A, Boca Raton, FL

This home is located at 7940 N Federal Hwy Unit A, Boca Raton, FL 33487 and is currently estimated at $6,401,185, approximately $456 per square foot. 7940 N Federal Hwy Unit A 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.

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