NOT LISTED FOR SALE

8563 Dearborn River Way Boca Raton, FL 33496

Lotus Neighborhood

Estimated Value: $2,122,767 - $2,270,000

5 Beds
5.5 Baths
4,084 Sq Ft
$542/Sq Ft Est. Value

Sale Details

Date Sold: August 12, 2024

Last sale price $2,100,000 $514 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $14,298 / mo

41 Days on Market

Highlights

  • Community Cabanas
  • Fitness Center
  • Colonial Architecture
  • Eagles Landing Middle School Rated A-
  • Gated with Attendant
  • Clubhouse

About This Home

As of August 2024

Live Life In Full Bloom and step inside this Premium LAGUNA model in Lotus. Over 200K in upgrades and over 4,000 Sqft of living space on an oversized 12,432 SqFt corner lot with a huge fenced in backyard, covered patio and plenty of room for a pool. Built in 2021 by GL Homes, the LAGUNA model features 5 bedrooms + Den + Loft, 5.5 bathrooms and 3 garage spaces.
Create the life you deserve at Lotus and redefine your concept of luxury living. Don't miss the opportunity to make this dream residence your reality - a harmonious blend of comfort, style, and sophistication. Welcome home! Amenities include; Luna Bistro Cafe with Poolside Seating; Full-service Pool Bar; Indoor Sports Court; Fully Equipped Fitness Center; Game Room, Splash Pad, Tennis/Pickleball Courts. You Will Love Lotus Living

Last Agent to Sell the Property

David Cohen

LPT Realty, LLC License #3237271 Listed on: 03/26/2024

LPT Realty, LLC

Last Buyer's Agent

Angelica Delmar Santiago

One Sotheby's International Re License #648927

One Sotheby's International Re

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,192

Year Built

  • Built in 2021

Lot Details

  • 12,432 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Corner Lot
  • Property is zoned AGR-PU

HOA Fees

  • $505 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 4,084 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Blinds
  • Combination Dining and Living Room
  • Wood Flooring
  • Garden Views
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Free-Standing Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Living Area

Schools

  • Whispering Pines Elementary School
  • Eagles Landing Middle School
  • Olympic Heights High School

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424632070004120

Community Details

Overview

  • Association fees include common areas, ground maintenance, security
  • Built by GL Homes
  • Lotus Subdivision, Laguna Premium Floorplan

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,192

Year Built

Built in 2021

Lot Details

0.29 Acres

HOA Fees

$505 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: GPS. Entrance is off Lyons Rd
  • Year Built: 2021
  • Architectural Style: Colonial
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Bathtub, Dual Sinks, Eat-in Kitchen, High Ceilings, Kitchen Island, Living/Dining Room, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Wood
  • Living Area: 4084.0
  • Stories: 2
  • Window Features: Blinds, Storm Window(s)

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Garden
  • Fencing: Fenced
  • Lot Features: Corner Lot, 1/4 to 1/2 Acre Lot
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Foreign Seller
  • Builder Name: GL Homes
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio, Balcony
  • Property Condition: Resale
  • Roof: Concrete, Tile

Garage/Parking

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

Utilities

  • Security: Gated with Guard, Gated Community
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 505.0
  • Phone: 561-641-8554
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Gated, Property Manager On-Site
  • Senior Community: No
  • Amenities: Basketball Court, Cabana, Clubhouse, Fitness Center, Playground, Pickleball, Pool, Recreation Facilities, Restaurant, Spa/Hot Tub, Sidewalks, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Security

Schools

  • Elementary School: Whispering Pines (Palm Beach)
  • High School: Olympic Heights
  • Middle Or Junior School: Eagles Landing

Lot Info

  • Parcel #: 00424632070004120
  • Lot Size Acres: 0.29
  • Mobile Dim Units: Feet
  • Zoning: AGR-PU

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 19192.3

Multi Family

  • Number Of Units In Community: 804

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
Aug 1, 2024
Sold by
Bought by
Seller's Agent
David Cohen
LPT Realty, LLC
Buyer's Agent
Angelica Delmar Santiago
One Sotheby's International Re
List Price
$2,250,000
Sold Price
$2,100,000
Premium/Discount to List
-$150,000
-6.67%
Views
47
Current Estimated Value
$2,213,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,442
Avg. Annual Appreciation
2.93%
Original Mortgage
$800,000
Outstanding Balance
$786,942
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$1,426,500

Purchase Details

Closed on
Aug 27, 2021
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,100,000 Southeastern Title
$1,154,721 Nova Title Company
$1,154,721 Nova Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $800,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/12/2024 08/12/24 Sold $2,100,000 -6.7% $514 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
03/26/2024 03/26/24 For Sale $2,250,000 -- $551 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,330 $1,652,746 -- --
2024 $22,330 $1,194,771 -- --
2023 $19,192 $1,086,155 $314,875 $914,773
2022 $17,054 $987,414 $0 $0
2021 $2,715 $161,000 $161,000 $0
2020 $2,417 $135,000 $135,000 $0
Source: Public Records

Agents Affiliated with this Home

  • David Cohen

    Seller's Agent in 2024

    David Cohen

    LPT Realty, LLC

    (305) 733-2218

    1 in this area

    35 Total Sales

    David Cohen
    Section Image

  • A

    Buyer's Agent in 2024

    Angelica Delmar Santiago

    One Sotheby's International Re

    (561) 779-2398

    1 in this area

    1 Total Sale

    Angelica Delmar Santiago
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10971342

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-46-32-07-000-4120

Florida Palm Beach County Boca Raton 33496 Lotus

8563 Dearborn River Way, Boca Raton, FL

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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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