700 NE Orchid Bay Drive, Boca Raton, FL 33487

$2,490,000
List Price
$2,490,000
MLS#
RX-10810920
Lot Size
19,261
Subtype
Single Family Detached
County
Palm Beach
Community
Boca Bay Colony
Subdivision
Boca Bay Colony

Property Description

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.

Additional Information

Front Exposure
North
Hoa
Yes
Hoa Amount
63
Status Label
ACTIVE
Total Unitsin Bldg
10
Boat Service
Private Dock
Lot Description
1/4 to 1/2 Acre
Taxes
$13,764
View
Canal, Intracoastal
Waterfront
Intracoastal, No Fixed Bridges, Ocean Access, Seawall
Total Unitsin Bldg
10
Acres
0.442171717172
Price Per Acre
2.4651000004e+11
Boat Services
Private Dock

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Re/Max Direct.


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