7900 N Federal Hwy Highway, Boca Raton, FL 33431

Overview

Description

Prime East Boca location. 3 parcels totaling approximately 2.89 acres. Site plan available upon request. Retail, office, hotel/rest. Rear parcel is approximately 1.44 acre, zoned RB1. Suitable for single family home, or enclave for multiple private residences with water views.

General Property Information

Property Sub Type: Unimproved Land
Number Of Lots: 3
Lot Size Acres: 2.87
Lot Size Square Feet: 125017.2
Lot Depth: 315
Additional Parcels Description: 06434632120090040
Waterfront YN: Yes
Direction Faces: West
LP/SqFt: 30.36

Property Features

Current Use: Commercial; Multi-Family; Office Development Status: Raw Land Documents Available: Plans; Soil Boring Test; Survey Location of Property: City Location Possible Use: Commercial; Other Trees: Clusters Utilities: Electricity Available; Sewer Available; Other Vegetation: Grassed; Other Listing Terms: Cash; Conventional Lot Features: Cleared Road Frontage Type: Public Road Road Surface Type: Paved Water Source: Public Canal Width: Canal Width 1-80 Feet Showing Requirements: Call Listing Agent; Sign On Property Contingencies: 3rd Party Approval Acreage Description: 2 To Less Than 3 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 3795000
LP/Acre: 1322299.65

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 7900
Street Direction Prefix: N
Street Name: Federal Hwy
Street Suffix: Highway
City Name: Boca Raton
State Or Province: FL
Postal Code: 33431
Postal Zip: 33431
Subdivision Name: OKEY ESTATES
Area: 4180
Geographic Area: PB02
Elementary School: J. C. Mitchell
Middle Or Junior School: Boca Raton Community
High School: Boca Raton
Parcel Number: 06434632090000010
Multiple Offers Accepted: Yes
Zoning: RB1, MZ, RIB
Directions: Federal highway 2 miles North of Yamato Road.

Financial Information

Tax Year: 2018
Tax Annual Amount: 14946
Tax Legal Description: OKEY ESTATES LT1 (LESS W 28 FT N FEDERAL HWY R/W) & LT 2 & SUB OF 32-46-43 PB1P4

Status Change Information

Major Change Timestamp: 2020-02-01T20:47:36Z
Major Change Type: Status Change
Status Change Date: 2020-02-01
Under Contract Date: 2020-01-12
Close Date: 2020-01-31
Close Price: 3100000
Buyer Financing: Cash
SP/Acre: 1080139.37

More Information

Short Sale Details

Short Sale Addendum: No

Price Calculations

Original List Price To Close Price: 1.22

Originating Details

Originating System Key: 20200109164227109170000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Documents Available

Plans: Yes
Soil Boring Test: Yes
Survey: Yes

Current Use

Commercial: Yes
Multi-Family: Yes
Office: Yes

Development Status

Raw Land: Yes

Location of Property

City Location: Yes

Possible Use

Commercial: Yes
Other: Yes

Trees

Clusters: Yes

Utilities

Electricity Available: Yes
Sewer Available: Yes
Other: Yes

Vegetation

Grassed: Yes
Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Cleared: Yes

Road Frontage Type

Public Road: Yes

Road Surface Type

Paved: Yes

Water Source

Public: Yes

Showing Requirements

Call Listing Agent: Yes
Sign On Property: Yes

Canal Width

Canal Width 1-80 Feet: Yes

Contingencies

3rd Party Approval: Yes

Acreage Description

2 To Less Than 3 Acre Lot: Yes