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17166 WANDERING WAVE Avenue, Boca Raton FL 33496

House For Sale
$2,650,000

BTC: 33.33333333

ETH: 1,089.63815789

2 days
Waterfront
5 bds
5 ba
4,862 sqft

Overview

TENANT OCCUPIED- THREE YEARS OF RENTAL HISTORY AT $16,000 A MONTH. TENANT JUST RENEWED UNTIL 06/01/27. INVESTMENT POTENTIAL!! Coveted Sumatra Premium in Lotus! This home showcases beautiful white 32'' x 32'' porcelain floors in the main areas, as well as engineered wood flooring. Beautiful custom 8' solid core doors and high ceilings create an airy, open feeling. The home has been professionally prewired for everything media- and security-related. The HVAC systems are comprised of THREE top-tier Carrier units. The kitchen is a chef's dream, equipped with top-of-the-line appliances including a sleek counter-depth Sub-Zero refrigerator and a state-of-the-art natural gas cooking range. The master bedroom and the office are conveniently located on the main level of the home, with 4 additional bedrooms, a media room, and loft located on the second level. Step outside to the lush backyard, complete with an extra-large resort-style custom salt pool and spa, a wonderful, covered summer kitchen, specialty artificial turf and professional landscape lighting. Over 300k went into building this incredible pool that showcases luxury and lakefront living in Lotus.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Parking Garage
Year Built:
2021
Lot:
0.20 Acres
Heating:
Central
Price/sqft:
$545
Cooling:
Central Air
HOA:
$720

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,912,500
$2.5M – $5.5M
Confidence Low
List vs. estimate
$262K below estimate
List $2,650,000 · -9.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$545
-2.2% vs. city median $557
Based on
6 MLS comparables
+ 18 public-records sales within 0.5 mi
Median actual sale: $1.8M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$33,620
2025
HOA
$720/mo
Pool
Community
View
Lake, Lake View
Waterfront
Yes
Garage
3 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Gas Water Heater

    • Natural Gas Water Heater

    • Dishwasher

    • Dryer

    • Refrigerator

    • Washer

    Other interior features

    • Cooking Island

    • Walk-In Closet(s)

    • Wet Bar

    • Den/Library/Office

    • Loft

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 1

    • Full bathrooms: 5

  • Parking

    • 2 Or More Spaces

    • Parking Garage

    Property

    • Levels: 2

    • Pool Private: Yes

    • Exterior Features: Built-In Grill / Open Balcony

    Lot

    • Lot: 0.20 Acres

    Other Property Information

    • Parcel Number: 00424632070003820

    • Zoning: AGR-PUD

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Cable Available

  • Other financial information

    • HOA: $720

    • HOA Frequency: Monthly

    • Annual tax amount: $33,620

  • Source details

    • MLS ID: B26091700

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre / Fenced

    • Patio And Porch Features: Open Balcony / Patio

    • Pool Features: Community / Heated / Hot Tub / Pool/Spa Combo

    • Window Features: Complete Impact Glass

    • Direction Faces: South

    • Other Structures: Livable

    • Architectural Style: Two Story

    • Waterfront: Yes

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 4862

    • Water Source: Public

    • Subdivision Name: Lotus

Private inquiry
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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: Compass Florida LLC