$2,350,000
SOLD JUL 18, 2025

8635 Dearborn River Way Boca Raton, FL 33496

Lotus Neighborhood
5 Beds
8 Baths
5,369 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$438 Per Sq Ft

6% Below List Price

35 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • Saltwater Pool
  • Whispering Pines Elementary School Rated A-
  • Home Theater
  • Clubhouse

About This Home

As of July 2025

Maldives Premium with over $700,000 of exquisite upgrades and beautiful heated saltwater pool in Lotus, Boca Raton. This home is ideally situated on a lake next to an easement with lush greenery. The stunning chefs kitchen boasts upgraded bi-fold lift up cabinet doors, upgraded appliances and an oversized island with 3 inch thick quartz countertops. Additional upgrades include: imported 48 x 48 tile in main living areas, engineered wood on 2nd floor, custom built-in media room with projector, glass-enclosed wine closet, sprawling great room with built in bar, entertainment center and so much more! Modern design collides with resort style amenities inclusive of a clubhouse, restaurant, fitness center, sports complex, resort pool, tennis courts and pickleball courts.

Last Agent to Sell the Property

Alicia Gold

Compass Florida LLC License #3424458 Listed on: 06/06/2025

Compass Florida LLC

Last Buyer's Agent

Kesa Longfellow

Waterfront Properties & Club C License #3409330

Waterfront Properties & Club C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,091

Year Built

  • Built in 2022

Lot Details

  • 7,841 Sq Ft Lot
  • Lake Front
  • Fenced
  • Property is zoned AGR-PU

HOA Fees

  • $652 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Pool

Home Design

  • Concrete Roof

Interior Spaces

  • 5,369 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Blinds
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Saltwater Pool
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424632070004240

Community Details

Overview

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

Amenities

  • Clubhouse
  • Game Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,091

Year Built

Built in 2022

Lot Details

0

HOA Fees

$652 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Enter Lotus main entrance off of Lyons Rd. 3rd left onto Five Waters Way. Second left onto Dearborn River Way.
  • Year Built: 2022
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Separate Shower, Bar, Walk-In Closet(s), Loft
  • Private Spa: No
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Carpet, Hardwood, Tile, Wood
  • Living Area: 5369.0
  • Dining Room Type: Family Room, Great Room, Loft, Media Room
  • Stories: 2
  • Window Features: Blinds, Drapes, Impact Glass

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Lake, Pool
  • Lot Features: < 1/4 Acre
  • Pool Features: Pool, Salt Water, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Builder Name: GL Homes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Security System, Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 652.0
  • Community Features: Clubhouse, Game Room, Gated, Pickleball, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Pickleball, Pool, Spa/Hot Tub, 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 #: 00424632070004240
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 7841.0
  • Zoning Description: AGR-PU

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 24091.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2025
Closed on
Jul 15, 2025
Sold by
Da Silva Arnaldo Neves and Corsi Paula Renata
Bought by
Sheynin Alan and Sheynin Olga
Seller's Agent
Alicia Gold
Compass Florida LLC
Buyer's Agent
Kesa Longfellow
Waterfront Properties & Club C
List Price
$2,499,000
Sold Price
$2,350,000
Premium/Discount to List
-$149,000
-5.96%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.06%
Original Mortgage
$117,500
Outstanding Balance
$117,401
Interest Rate
6.85%
Estimated Equity
$2,313,590

Purchase Details

Closed on
Feb 18, 2022
Sold by
Boca Raton Associates Viii Lllp
Bought by
Da Silva Arnaldo Neves and Corsi Paula Renata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$967,044
Interest Rate
3.55%
Mortgage Type
New Conventional
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 $2,350,000 None Listed On Document
Warranty Deed $2,350,000 None Listed On Document
Special Warranty Deed $1,343,117 Nova Title
Special Warranty Deed $1,343,117 Nova Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $117,500 No Value Available
Closed $117,500 No Value Available
Open $1,762,500 New Conventional
Closed $1,762,500 New Conventional
Previous Owner $967,044 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Sold $2,350,000 -6.0% $438 / Sq Ft
07/11/2025 07/11/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $2,499,000 -- $465 / 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 $24,091 $1,493,008 -- --
2023 $23,573 $1,449,522 $328,625 $1,120,897
2022 $3,746 $170,610 $0 $0
2021 $2,832 $168,000 $168,000 $0
2020 $2,523 $141,000 $141,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11097163

BeachesMLS

APN: 00-42-46-32-07-000-4240