980 Lago Mar Lane, Boca Raton, FL 33431

$1,825,000
Property Type: Land & Docks Lot Size (sq. ft.): 7,501 Status: Closed
Current Price: $1,825,000 List Date: 4/27/2025 Last Modified: 6/27/2026

Overview

Description

Ideal location on Boca Raton's barrier island, with potential for ocean and Intracoastal Waterway views. It is a perfect parcel to build on, high grade on rare sloped land nearly 10 feet above the intercoastal waters and featuring rare R5 zoning and very high elevation. For those seeking the ultimate coastal lifestyle, deeded beach access is just steps from your door. Property also sits next to the Ocean Strand Park, a protected nature preserve with no parking spaces and therefore uncrowded, making it truly unique. You can walk to the intracoastal, bring a kayak, toss a ball, or take your dog for a walk. Property is on private, dead-end street that leads to the intracoastal. Plans available upon request. Shown by appointment only.

Supplements: Enjoy the best of South Florida's beaches, including your own private beach access, Spanish River Park with its dog beach, Red Reef Park, and golf courses all close by. Golf, tennis, yachting, and spa enthusiasts will appreciate the world-class amenities of the Boca Raton Resort & Club, part of the Waldorf Astoria Collection. Mizner Park's world-cl ...

Listing Details MLS# R11085274

General Property Information

Property Sub Type
Unimproved Land
Lot Size Acres
0.17
Lot Size Square Feet
7501
Lot Size Dimensions
100.00 ft x 75.0 ft
Minimum Livable Area
1752
Direction Faces
North
LP/SqFt
265.96

Property Features

Current Use: Multi-Family; Single Family Development Status: Unrecorded Plat Documents Available: Aerial; Plans Electric: Three Phase Location of Property: Beach Access; City Location Possession: Close Of Escrow Possible Use: Single Family Trees: Sabal Palm Utilities: Cable Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available Vegetation: Grassed View: Garden Listing Terms: Cash Lot Features: Home Other Equipment: Irrigation Equipment Road Frontage Type: East of US-1; Private Road Road Surface Type: Paved Water Source: Public Water View: Intracoastal; Ocean Showing Requirements: Call Listing Agent; Text Listing Agent Contingencies: None Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1995000
Owner Phone
561.900.8395
Negotiable Seller Concessions YN
Yes
LP/Acre
11585365.85

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
980
Street Name
Lago Mar
Street Suffix
Lane
City Name
Boca Raton
State Or Province
FL
Postal Code
33431
Postal Zip
33431
Subdivision Name
Lago Mar
Area
4160
Geographic Area
PB01
Elementary School
J. C. Mitchell
Middle Or Junior School
Boca Raton Community
High School
Boca Raton
Parcel Number
06434716000040180
Zoning
R5
Directions
From Palmetto Park Rd and A1A, go north 1.5 miles to Lago Mar Lane, property is on the left (south) side. From Spanish River Blvd and A1A, go south 1 mile to Lago Mar Lane, property is on the left.

Financial Information

Tax Year
2024
Tax Annual Amount
21651
Tax Legal Description
16-47-43~ S 75 FT OF N 2800 FT OF WLY 100 FT OF ELY 212.72 FT LYG W OF SR A-1-A

Remarks and Miscellaneous

Public Historical Remarks
Elevation at Sea Level: 5 to < 10 Ft

More Information

Status Change Information

Major Change Timestamp
2025-06-06T17:35:43Z
Major Change Type
Status Change
Status Change Date
2025-06-06
Under Contract Date
2025-05-02
Close Date
2025-06-06
Close Price
1825000
Buyer Financing
Cash
SP/Acre
10598141.7

Short Sale Details

Short Sale Addendum
No

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Price Calculations

Current Price To SqFt
1041.67
Original List Price To Close Price
1.09

Originating Details

Originating System Key
20250422032109760151000000
Originating System ID
M00000170
IDX
Listing Office: The Corcoran Group
Source MLS Verified
Last Updated: June - 27 - 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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