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700 NE Orchid Bay Drive, Boca Raton FL 33487

Lots/Land Recently Sold
$2,366,000

BTC: 31.13157895

ETH: 946.40000000

Sold on: 2023-03-01
83 days
Waterfront
0 room(s)

Overview

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.

Location

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
0.44 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$63

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,490,000
$1.4M – $4.3M
Confidence Low
List vs. estimate
At estimate
List $2,490,000 · +0.0%
List is in line with recent comparable activity.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.1M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,764
2021
HOA
$63
View
Canal, Intracoastal View
Waterfront
Intracoastal Front, No Fixed Bridges
All facts and features
  • Lot

    • Lot: 0.44 Acres

    Other Property Information

    • Parcel Number: 06434632170040010

    • Zoning: R1B(ci

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Agriculture

  • Utility

    • Cable Connected

    • Electricity Connected

    • Phone Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Phone Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $63

    • Annual tax amount: $13,764

  • Source details

    • MLS ID: R10810920

    Other facts

    • Lot Features: Beach Area / City Location / 1/4 To Less Than 1/2 Acre Lot / Beach Access / Other / Sidewalk

    • Direction Faces: North

    • Waterfront: Yes

    • Water Source: Public

    • Lot Size Dimensions: 147.5x284.4

    • Subdivision Name: BOCA BAY COLONY

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX Direct