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700 Malaga Drive, Boca Raton, FL – $2,998,000

  • $3M Price
  • .23 Acres
  • $3M Price
  • .23 Acres

700 Malaga Drive

Welcome to 700 Malaga Drive, an extraordinary opportunity to design your dream home in the heart of Boca Raton's historic Estates Section. This 0.23-acre corner lot is nestled in a neighborhood crafted by the renowned architect Addison Mizner, whose vision in the 1920s laid the foundation for Boca Raton's transformation into a luxurious resort town. The Estates Section, known as the Jewel of Boca, famed for its Mediterranean Revival architecture , on a barrier island between the Intracoastal Waterways and Atlantic Ocean, offers an exclusive lifestyle steeped in history and elegance.Embrace the opportunity to build in one of South Florida's most iconic and prestigious enclaves. 700 Malaga Drive is situated across the street from the Intracoastal, at the corner of Spanish River Road and Malaga Drive, offering proximity to the Boca Raton Resort & Golf Club, renowned dining, upscale shopping, world-class golf courses, and pristine beaches. Enjoy South Florida's sunrises and sunsets at the beautiful Beach Club at The Boca Raton. Detailed plans for this potential development, including architectural renderings and proposed finishes, are available upon request. Having these comprehensive plans at your disposal not only expedites the building process but also allows you to visualize the property's full potential. With permits already in process with the City of Boca Raton, you can save valuable time and move forward with confidence, knowing that much of the preliminary work has been completed.

Essential Information

  • MLS® #RX-11026898
  • Price$2,998,000
  • Acres0.23
  • TypeLand / Boat Docks
  • Sub-TypeSingle Family Detached
  • StyleNo
  • StatusActive

Community Information

  • Address700 Malaga Drive
  • Area4160
  • SubdivisionSPANISH RIVER LAND
  • CityBoca Raton
  • CountyPalm Beach
  • StateFL
  • Zip Code33432

Amenities

  • UtilitiesPublic Water, Trash Removal

Exterior

Lot Description

< 1/4 Acre, Corner Lot, Interior Lot, East of US-1

School Information

Middle

Boca Raton Community Middle School

High

Boca Raton Community High School

Additional Information

  • Listing Courtesy ofCompass Florida, LLC.
  • Date ListedOctober 6th, 2024
  • ZoningResidential
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