Boca Raton, FL 33432 700 Malaga Drive
$2,395,000



7 more








Presented By: The Corcoran Group
Home Details
This corner lot is located in an exclusive section of Spanish River Land, at the corner of Spanish River Rd with spectacular homes and Malaga Drive, with new estate homes across the street, on the Intracoastal. Rarely available location for you to build your dream home. Walking distance to the ocean, pristine beaches, The Boca Raton Resort Hotel / World Class Golf Course and upscale Downtown Boca Raton. Lot spans approximately 9,823 square feet (0.24 acre) and can accommodate a home of up to 6,100 square feet under air, depending on your architectural design plans, plus an additional 500 square foot guest house. It includes demolition, site clearing, and geotechnical site preparation work.Optional: Seller has submitted exceptional architectural plans to the City of Boca Raton, which are nearly approved for the Buyer to obtain the building permit quickly and be shovel-ready. The extra optional plans fee is $100,000 - open to negotiation upon offer.
Disclaimer: The information published and provided including but not limited to prices, measurements, square footages, lot sizes, features, finishes, and calculations are subject to errors, omissions or changes without notice. All such information should be independently verified. All parties should perform their own due diligence to verify all information.
Presented By: The Corcoran Group
General for 700 Malaga Drive
Area4160
AuctionNo
Geo AreaPB01
Geo Lat26.323789
Geo Lon-80.078789
HOANone
High SchoolBoca Raton Community High School
Legal DescriptionSPANISH RIVER LAND CO SUB UNIT 3 LT 9 BLK 5
Middle SchoolBoca Raton Community Middle School
Property TypeC
REONo
Short SaleNo
StatusActive
StyleSingle Family
SubdivisionSPANISH RIVER LAND
Tax Year2024
Taxes$17,792
Terms ConsideredCash
TypeSingle Family Detached
Utilities AvailableElectric, Gas, Municipal Sewer, Public Water
Virtual TourClick here
ZoningResidential
Exterior for 700 Malaga Drive
Ground CoverOther
ImprovementsCleared
Lot Depth110.00
Lot Description< 1/4 Acre, Corner Lot, East of US-1, Interior Lot
Lot Frontage92.00
Lot Size0.23
RoadsCity/County Maint., Paved, Public
TreesNone
WaterfrontNo
Additional Details
Price History
Schools
Middle School
Boca Raton Community Middle School
High School
Boca Raton Community High School
Elementary School
N/A

Rowen Carter
Realtor®