$2,998,000
For Sale

700 Malaga Drive

Boca Raton, FL 33432
Browse 16 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Welcome to 700 Malaga Drive, an extraordinary opportunity to design your dream home in the heart of Boca Raton's historic Estates Section. This 0.23-acre corner lot is nestled in a neighborhood crafted by the renowned architect Addison Mizner, whose vision in the 1920s laid the foundation for Boca Raton's transformation into a luxurious resort town. The Estates Section, known as the Jewel of Boca, famed for its Mediterranean Revival architecture , on a barrier island between the Intracoastal Waterways and Atlantic Ocean, offers an exclusive lifestyle steeped in history and elegance. Embrace the opportunity to build in one of South Florida's most iconic and prestigious enclaves. 700 Malaga Drive is situated across the street from the Intracoastal, at the corner of Spanish River Road and Malaga Drive, offering proximity to the Boca Raton Resort & Golf Club, renowned dining, upscale shopping, world-class golf courses, and pristine beaches. Enjoy South Florida's sunrises and sunsets at the beautiful Beach Club at The Boca Raton.
Detailed plans for this potential development, including architectural renderings and proposed finishes, are available upon request. Having these comprehensive plans at your disposal not only expedites the building process but also allows you to visualize the property's full potential. With permits already in process with the City of Boca Raton, you can save valuable time and move forward with confidence, knowing that much of the preliminary work has been completed.

  • Property Details
      • Lot FeaturesEast of US-1, < 1/4 Acre, Corner Lot, Interior Lot
      • Lot DescriptionEast of US-1, < 1/4 Acre, Corner Lot, Interior Lot
  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • SubdivisionSPANISH RIVER LAND
    • Location
      • Middle SchoolBoca Raton Community Middle School
      • High SchoolBoca Raton Community High School
      • ZoningResidential
      • CountyPalm Beach
  • Financial Details
      • Original List Price$2,998,000
      • Taxes Annual$5,436
  • Other
      • MLS #RX-11026898

Location

Don - SeawindsSeawinds Realty, Inc.
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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