$1,300,000
SOLD DEC 15, 2021

980 Lago Mar Ln Boca Raton, FL 33431

0.17 Acre
$7,647,059 Price per Acre
7,500 Sq Ft Lot

Recently Sold

$1,066 Per Sq Ft

114 Days on Market

Highlights

  • Beach Front
  • Garden View
  • Paved or Partially Paved Lot
  • Boca Raton Community Middle School Rated A-

About This Lot

As of June 2025

Ideal location on Boca Raton's barrier island. Perfect parcel to build on and has R5 zoning. Located between Palmetto Park Road and Spanish River Blvd., off of State Road A1A. The property is steps from your private, deeded beach access. Lago Mar Lane is situated close to all shopping, dining, enteretainment and other necessitites in Boca Raton. It is minutes from Fort Lauderdale and West Park Beach international airports and is located on a private, dead-end street. A duplex currently sits on the property. Within one mile of 980 Lago Mar Lane are Red Reef and Spanish River parks, a nine-hole, oceanfront golf course and Gumbo Limbo Nature Center. Large pedestrian paths along A1A allow for easy walking and biking to these, and additional waterfront attractions/restaurants.

Last Agent to Sell the Property

Robert Graham

Petruzzelli Real Estate License #3419060 Listed on: 07/23/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,558

Lot Details

  • 7,500 Sq Ft Lot
  • Beach Front
  • Paved or Partially Paved Lot
  • Property is zoned R5

Additional Features

  • Garden Views
  • City Lot

Community Details

  • Lago Mar Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06434716000040180

Property Details

Property Type

Land

Est. Annual Taxes

$8,558

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Palmetto Park Road and A1A, go north 11/2 miles to Lago Mar Lane, property is on the left (south) side. From Spanish River Blvd. and A1A, go south 1 mile to Lago Mar Lane, property is on the left
  • Special Features: VirtualTour

Exterior Features

  • View: Garden
  • Lot Features: Beach Front, City Lot, < 1/4 Acre
  • Road Surface Type: Paved
  • Waterfront: No

Lot Info

  • Parcel #: 06434716000040180
  • Lot Size Sq Ft: 7500.0
  • Zoning Description: R5
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8558.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2025
Closed on
Jun 6, 2025
Sold by
Oster Michael and Oster Cristina Chen-Oster
Bought by
Tij Residential Llc
Seller's Agent
Dovi Ettedgui
The Corcoran Group
Buyer's Agent
Dovi Ettedgui
The Corcoran Group
List Price
$1,995,000
Sold Price
$1,825,000
Premium/Discount to List
-$170,000
-8.52%
Views
7
Current Estimated Value
$1,864,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,117
Avg. Annual Appreciation
-63.95%

Purchase Details

Listed on
Jul 23, 2021
Closed on
Dec 15, 2021
Sold by
Petruzzelli Stephen M
Bought by
Oster Michael and Oster Cristina Chen-Oster
Seller's Agent
Robert Graham
Petruzzelli Real Estate
List Price
$1,300,000
Sold Price
$1,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%

Purchase Details

Closed on
May 6, 2011
Sold by
Wade Elsa and Petruzzelli Frank M
Bought by
Graham Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.83%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 5, 2011
Sold by
Wade Elsa and Poteet Frank M
Bought by
Petruzzelli Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.83%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 19, 1997
Sold by
Petruzzelli Frank
Bought by
Petruzzelli Frank W
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,825,000 None Listed On Document
Warranty Deed $1,825,000 None Listed On Document
Warranty Deed $1,300,000 Willits & Associates Pa
Deed $225,000 Attorney
Interfamily Deed Transfer -- Attorney
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $342,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $50,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Sold $1,825,000 -8.5% $1,496 / Sq Ft
05/15/2025 05/15/25 Pending -- -- --
04/27/2025 04/27/25 For Sale $1,995,000 +53.5% $1,635 / Sq Ft
12/15/2021 12/15/21 Sold $1,300,000 0.0% $1,066 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $1,300,000 -- $1,066 / 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 $21,651 $1,218,745 -- --
2023 $19,457 $1,144,362 $754,875 $389,487
2022 $18,220 $1,008,516 $0 $0
2021 $9,534 $623,057 $528,281 $94,776
2020 $8,558 $541,293 $460,000 $81,293
2019 $8,317 $531,341 $440,000 $91,341
2018 $7,009 $450,374 $376,740 $73,634
2017 $6,550 $434,951 $376,740 $58,211
2016 $7,365 $264,792 $0 $0
2015 $6,400 $240,720 $0 $0
2014 $6,212 $218,836 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dovi Ettedgui

    Seller's Agent in 2025

    Dovi Ettedgui

    The Corcoran Group

    (561) 900-8395

    39 Total Sales

    Dovi Ettedgui
    Section Image

  • K

    Seller Co-Listing Agent in 2025

    Kai Hakim

    The Corcoran Group

    (561) 302-3921

    10 Total Sales

    Kai Hakim
    Section Image

  • R

    Seller's Agent in 2021

    Robert Graham

    Petruzzelli Real Estate

    (561) 362-8413

    7 Total Sales

    Robert Graham
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10733249

BeachesMLS

APN: 06-43-47-16-00-004-0180

Florida Palm Beach County Boca Raton 33431

980 Lago Mar Ln, Boca Raton, FL

This home is located at 980 Lago Mar Ln, Boca Raton, FL 33431 and is currently priced at $1,300,000, approximately $1,065 per square foot. 980 Lago Mar Ln 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.

BeachesMLS 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.

Nearby Homes