NOT LISTED FOR SALE

870 Havana Dr Boca Raton, FL 33487

Estimated Value: $7,260,796 - $9,283,000

7 Beds
10 Baths
13,597 Sq Ft
$608/Sq Ft Est. Value

Last Sold December 04, 2017

Last sale price $4,000,000 $294 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $52,563/month

104 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Property fronts an intracoastal waterway
  • Boca Raton Community Middle School Rated A-
  • Guest House
  • Home Theater

About This Home

As of December 2017

IMPRESSIVE DOUBLE POINT LOT DIRECT TO INTRACOASTAL! This is a special situation, renovation project opportunity. This impressive waterfront estate boasts a very rare 27,290 sf double point-lot with 440' of water frontage, 250' directly to the intracoastal with deep water. With 14,000 sf of living space, this offering represents an extraordinary opportunity for investing in one of the most affluent and desirable communities in the US. The estate is gutted and ready to receive new custom interiors, allowing the new owner to create a masterpiece tailored to his/her specific lifestyle and needs; in half the time, and many millions less than comparable homes. Boca Ratón Airport is only 2 miles away, capable of handling even G650 and BBJ's Permitted plans and completion proposal are available.

Last Agent to Sell the Property

Miguel Serrano

Douglas Elliman License #3387286 Listed on: 07/13/2017

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $94,597

Year Built

  • Built in 1994 | Under Construction

Lot Details

  • 0.63 Acre Lot
  • 440 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • Waterfront Tip Lot
  • West Facing Home
  • Property is zoned R1B

Parking

  • 3 Car Attached Garage
  • Circular Driveway
  • Paver Block
  • Guest Parking
  • Open Parking

Property Views

  • Intracoastal
  • Canal

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 13,597 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Home Theater
  • Den
  • Recreation Room
  • Storage Room
  • Laundry in Utility Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Maid or Guest Quarters

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Equipment Stays

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Canal Width is 121 Feet or More
  • Private Dock
  • Deck

Additional Homes

  • Guest House

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • Caribbean Keys Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434704050120130

Home Details

Home Type

Single Family

Est. Annual Taxes

$94,597

Year Built

Built in 1994 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Mediterranean
  • Directions: From I-95 exit East at Yamato Rd, at US1 make a left North 3/4 of a mile to Havana Dr on the right. You will see the monument sign of Caribbean Keys, continue East to the end of Havana Rd.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock,Unrestricted Salt Water Access
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CARIBBEAN KEYS
  • Year Built Details: Under Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry, Den/Library/Office, Family Room, Maid/In-Law Quarters, Media Room, Recreation Room, Storage, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 13597
  • Other Equipment: No Equipment
  • Possible Use: Investment
  • Bedroom Features: Primary Bedroom Ground Level, Primary Bedroom Upstairs
  • Dining Room Features: Eat-In Kitchen
  • Living Room Features: Den/Library/Office, Family Room, Guest House, Maid/In-Law Quarters, Media Room, Recreation Room, Storage Room, Utility Room/Laundry

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Canal, Intracoastal View
  • Construction Type: Stucco
  • Direction Faces: West
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Deck
  • Pool Features: In Ground, Concrete, Equipment Stays, Heated
  • Pool Private: No
  • Property Condition: Under Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Width 121 Feet Or More, Intracoastal Front, No Fixed Bridges, Point Lot
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CARIBBEAN KEYS
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Guest, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 06434704050120130
  • Lot Size Sq Ft: 27291
  • Zoning: R1B
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 94597

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2021
Sold by
870 Havana Drive Llc
Bought by
869870 Habana Dr Llc
Current Estimated Value
$8,271,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Outstanding Balance
$2,926,603
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,443,611

Purchase Details

Listed on
Jul 13, 2017
Closed on
Dec 4, 2017
Sold by
Havana Drive Estate Llc
Bought by
870 Havana Drive Llc
Seller's Agent
Miguel Serrano
Douglas Elliman
List Price
$6,950,000
Sold Price
$4,000,000
Premium/Discount to List
-$2,950,000
-42.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%

Purchase Details

Listed on
Sep 2, 2014
Closed on
Jan 27, 2015
Sold by
Bennett Jane Marie
Bought by
Havana Drive Estate Llc
Seller's Agent
JULIE ANN GIACHETTI
One Sotheby's International Realty
List Price
$7,250,000
Sold Price
$6,000,000
Premium/Discount to List
-$1,250,000
-17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.26%

Purchase Details

Closed on
May 16, 2014
Sold by
Bennett Jane M
Bought by
Bennett Jane Marie and Jane Marie Bennett 2003 Trust
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
869870 Habana Dr Llc $5,250,000 Patch Reef Title Company Inc
870 Havana Drive Llc $4,000,000 Attorney
Havana Drive Estate Llc $6,000,000 Princeton Title & Escrow Co
Bennett Jane Marie -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 869870 Habana Dr Llc $3,250,000
Previous Owner Mystery Key Llc $14,000,000
Previous Owner Havana Drive Estate Llc $5,000,000
Previous Owner Mystery Key Llc $510,000
Previous Owner Havana Drive Estate Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2017 12/04/17 Sold $4,000,000 -38.5% $294 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
10/09/2017 10/09/17 Price Changed $6,500,000 -6.5% $478 / Sq Ft
08/16/2017 08/16/17 For Sale $6,950,000 +15.8% $511 / Sq Ft
01/27/2015 01/27/15 Sold $6,000,000 -17.2% $565 / Sq Ft
12/28/2014 12/28/14 Pending -- -- --
09/02/2014 09/02/14 For Sale $7,250,000 -- $683 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $101,895 $5,989,305 -- --
2023 $94,498 $5,445,656 $5,604,518 $3,965
2022 $86,934 $4,950,596 $0 $0
2021 $56,545 $3,131,472 $3,128,091 $3,381
2020 $53,910 $3,003,491 $3,000,000 $3,491
2019 $50,417 $2,703,547 $2,700,000 $3,547
2018 $95,415 $5,356,417 $2,913,410 $2,443,007
2017 $91,373 $5,046,686 $2,601,259 $2,445,427
2016 $94,597 $5,092,110 $0 $0
2015 $93,539 $4,862,460 $0 $0
2014 $60,174 $3,125,362 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Miguel Serrano

    Seller's Agent in 2017

    Miguel Serrano

    Douglas Elliman

    (954) 659-1709

    18 Total Sales

    Miguel Serrano
    Section Image

  • J

    Seller's Agent in 2015

    JULIE ANN GIACHETTI

    One Sotheby's International Realty

    (561) 212-0022

    34 Total Sales

    JULIE ANN GIACHETTI
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10309428

MIAMI REALTORS® MLS

APN: 06-43-47-04-05-012-0130

Florida Palm Beach County Boca Raton 33487

870 Havana Dr, Boca Raton, FL

This home is located at 870 Havana Dr, Boca Raton, FL 33487 since 13 July 2017 and is currently estimated at $8,271,898, approximately $608 per square foot. This property was built in 1994. 870 Havana Dr 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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