4040 Ibis Point Circle, Boca Raton, FL 33431

$3,700,000
Property Type: Land & Docks Lot Size (sq. ft.): 24,936 Status: Closed
Current Price: $3,700,000 List Date: 2/01/2021 Last Modified: 6/13/2026

Overview

Description

The Sanctuary Deepwater Lot Opportunity sited on 24,936± sq. ft with 102± feet of waterfrontage facing South. Perfect time to build your dream estate in Boca Raton's most exclusive yachting enclave with 24-hour guard gate, road patrol, and waterway patrol for maximum security. See proposed front elevation and floor plans by award winning Affiniti Architects.

Listing Details MLS# R10689066

General Property Information

Property Sub Type
Unimproved Land
Lot Size Acres
0.57
Lot Size Square Feet
24936
Minimum Livable Area
17047
Waterfront YN
Yes
Frontage Length
102±
Direction Faces
Northwest
LP/SqFt
158.41

Property Features

Association Amenities: Tennis Court(s) Current Use: Single Family Development Status: Recorded Plat Documents Available: Survey Location of Property: Subdivision Possible Use: Single Family Sewer: Public Sewer Special Listing Conditions: Real Estate Owned Trees: None Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available; None Vegetation: Grassed Boat and Dock Features: Private Dock Listing Terms: Cash Lot Features: Cleared Other Equipment: Irrigation Equipment Road Frontage Type: Private Road Road Surface Type: Paved Water Source: Public Water View: Canal Waterfront Features: Canal Front Showing Requirements: Call Listing Agent Contingencies: Inspection Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
3950000
LP/Acre
6899563.32

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
4040
Street Name
Ibis Point
Street Suffix
Circle
City Name
Boca Raton
State Or Province
FL
Postal Code
33431
Postal Zip
33431
Subdivision Name
THE SANCTUARY
Development Name
THE SANCTUARY
Area
4180
Geographic Area
PB02
Parcel Number
06434708220000751
Zoning
R1B-R1
Directions
Call Listing Office

Financial Information

Association YN
Yes
Association Fee
1525
Association Membership
Mandatory
Tax Year
2020
Tax Annual Amount
99199.7
Tax Legal Description
SANCTUARY REPL LT 75 (LESS ELY 67.5 FT) & LT 76 (LESS SWLY 35 FT)

Remarks and Miscellaneous

Public Historical Remarks
Elevation at Sea Level: Unknown

More Information

Status Change Information

Major Change Timestamp
2021-04-05T20:17:54Z
Major Change Type
Status Change
Status Change Date
2021-04-05
Under Contract Date
2021-03-02
Close Date
2021-04-05
Close Price
3700000
Buyer Financing
Cash
SP/Acre
6462882.1

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Short Sale Details

Short Sale Addendum
No

Boat and Dock Information

Dock
Yes

Price Calculations

Current Price To SqFt
217.05
Original List Price To Close Price
1.06

Originating Details

Originating System Key
20210201192008138601000000
Originating System ID
M00000170
IDX
Listing Office: Premier Estate Properties Inc
Source MLS Verified
Last Updated: June - 13 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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