MLS® RX-10810920

Status Closed

$2,366,000

Features

$2,366,000

Price

19261

Sq.Feet

Land

Property type

Single Family Detached

Sub-type

Property description

This is not your ordinary East Boca ocean access waterfront land for sale. Located in the Boca Bay Colony neighborhood, 700 Orchid Bay Dr is exceptional in that it boasts over 19,000 sq/ft of yard space that can accommodate an above average sized home or simply extra landscaping space for outdoor living, pets, and privacy. The property is situated with southern exposure on a circular canal with continuous flow and overlooks a turning basin with open views down the canal. The Boca Raton area is known to have excellent blue water offshore given its close proximity to the Gulfstream current. Ocean access is available via Boca Raton Inlet within a ~25 minute boat ride from the property.There is an extraordinary 312 feet of useable dockage that can accommodate multiple boats while still leaving open views of the water from inside the future house. Survey and soil test results are included; engineering showed excellent soil which translates to direct build cost savings. The lot is cleared and ready to build which also saves demolition costs. Seller is willing to consider seller financing during the build phase for qualified buyers. In addition, seller has an optional waterfront home in the area that can be made available to the future buyer to live in during the build; making this a flexible and complete path forward to your future brand-new home that is tailored to your exact liking.

Listing Courtesy of RE/MAX Direct

Additional Info

  • Yearly Real Estate Tax $13,765
  • Original listing price $2,490,000

Community Info

  1. Area Palm Beach
  2. City Boca Raton
  3. Elementary school J. C. Mitchell Elementary School
  4. Middle school Boca Raton Community Middle School
  5. High school Boca Raton Community High School

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