Boca Bay Colony, 700 NE Orchid Bay Dr

$2.5M5%
$2,366,000
0.44
Acre
Status
Sold - Mar 01, 2023
Size
0.44 Acres (1,789 m2)
Price
$5,377,273/Acre ($1,322/m2)
Type
Land
HOA
$63/MO
MLS Number
R10810920
View
Canal,Intercoastal
On Site
1545 Days
Updated
94 Days ago
Page Views
0
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.

Features

All features
  • Current Use: SingleFamily
  • Approx SqFt Total Area: 19261
  • Property SqFt: 19261
  • Remarks: 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.
  • Internet Remarks: 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.
  • View: Canal,Intercoastal
  • Waterfront: Yes
  • Directions: North
  • Days on Market: 83
  • Closing Date: 2023-03-01
  • Association Fee: 63
  • Compass Point: NE
  • Office Name: RE/MAX Direct
  • Taxes: 13764.7
  • Tax Year: 2021
  • Listing Date: 2022-06-23T11:35:35.000-00:00
  • Lot Size Square Feet: 19261

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Price History

Current
$2.4M
High
$2.5M
Low
$2.4M
Total Change
-5%
$2.5M$2.4M$2.4MOct 22Feb 23
Date
Event
Price
Change
Price Per
02/28/2023
Sold
$2.4M
-4.98%
$123 ft2
$1,322 m2
10/18/2022
Listed
$2.5M
 
$129 ft2
$1,392 m2
02/28/2023
$2.4M
Event
Sold
Change
-4.98%
Price Per
$123 ft2
$1,322 m2
10/18/2022
$2.5M
Event
Listed
Price Per
$129 ft2
$1,392 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Todd BlosserRE/MAX Direct • Buyer Agency Compensation .

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Scores

Walk Score®
Somewhat Walkable. Some errands can be accomplished on foot
54

100
Transit Score®
Some Transit. A few nearby public transportation options
29

100
Bike Score®
Bikeable. Some bike infrastructure
57

100
Sound Score®
Bearable noise
80

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
27

100
Local Score
Limited local amenities nearby
0

100
Community Snapshot
4 – 4 BR
Bedrooms
$4.1M – $8M
Price Tier
2,379 - 8,361
SqFt Range
1986
Year Build
1
Total Floors

Subdivision Amenities

Boating
None
Sidewalks

Boca Raton
High-End
High-End Homes & Condos

Boca Bay Colony Communities in Boca Raton, FL