3 months on rocket

120 NE 5th Ave, Boca Raton, FL, 33432

$8,000,000

0.47 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

WaterfrontCanal, Intracoastal, Ocean Access, Seawall
ViewIntracoastal
MLS #RX-10956783
Lot Size0.47 Acres
StatusActive

About 120 NE 5th Ave

A very special opportunity to own this estate-sized direct Intracoastal lot in down town Boca Raton. With 60+/- feet of waterfrontage located just minutes to the Boca Inlet and Lake Boca, this lot on Fifth Avenues ''Mansion Row'' is walking distance to the beach, great restaurants and shops, Mizner Park and The Boca Raton Resort and Club. Custom design and build your dream home today on the most exclusive waterfront location in Boca Raton.

Property Details

Property Features

Listing Office:

  • Office Name: Lang Realty/BR
  • Office Phone: (561) 447-0666
  • Listing Agent: Stephen J Brendle

Exterior Features

Exterior Information:

  • Waterfront: Canal, Intracoastal, Ocean Access, Seawall
  • View: Intracoastal

Virtual/3D Tour

  • Virtual Tour: 120 NE 5th Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: Paved
  • Lot Size: 0.47 Acres

School Info

Assigned Schools Information:

  • Boca Raton Community High School, Public Magnet Grades 9-12
  • Boca Raton Middle School, Public Magnet Grades 6-8
  • Boca Raton Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: PALMETTO PARK ROAD EAST TO 5TH AVENUE. TAKE LEFT ON 5TH AVE AND LOT WILL BE ON YOUR RIGHT JUST PAST WILDFLOWER PARK.

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,000,000

Tax Information:

  • Annual Amount: $37,545
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Boca Raton, FL.

Med. Sold Price

$610.1K

Med. Price/SqFt

$335

Avg. Days On Market

65

# of Sold Homes

384

120 NE 5th Ave vs Boca Raton

97 DAYS ON ROCKET

+32 Days

$8,000,000

+$7.3M More

KEY TAKEAWAY

This property is $7.3M more than the Median Sold Price in Boca Raton, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10956783

Listing Office:

  • Office Name: Lang Realty/BR
  • Office Phone: (561) 447-0666
  • Listing Agent: Stephen J Brendle

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/13/2024, 6:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 30, 2018Home Sold
$6,400,000

Tax History

YEARPROP. TAXASSESSMENT
2020$37,545$2,088,000
2019$35,030$1,885,000

History based on county public records data.

Payment Calculator

$39.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$24K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-11004330
6
/10
  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 0.79 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-11004331
6
/10
  • Boca Raton Middle School

  • 1251 NW 8th St

  • 2.29 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-11004332
6
/10
  • Boca Raton Community High School

  • 1501 NW 15th Ct

  • 2.55 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,444. The most common annual income of people living in Boca Raton, FL is less than $35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 120 NE 5th Ave

What is the listing price of this property?

The listing price of 120 NE 5th Ave property is $8,000,000.

What type of property is this?

The property 120 NE 5th Ave is land located in Boca Raton, Florida, 33432.

Is this property for sale now?

Active Listing: 120 NE 5th Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 120 NE 5th Ave are:
Boca Raton Elementary School: GreatSchools Rating 6/10
Boca Raton Middle School: GreatSchools Rating 6/10
Boca Raton Community High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $37,545 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 30, 2018 for $6,400,000. (source: MLS/tax record).

How much acreage is this property?

The property 120 NE 5th Ave is 0.47 acres.
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Rocket HomesFloridaPalm Beach CountyBoca Raton33432120 NE 5th Ave

This home is located at 120 NE 5th Ave in Boca Raton, FL and zip code 33432 in the 5th Avenue Estates neighborhood. This home sits on a 0.47 acre lot. It has been listed on Rocket Homes since February 05, 2024 and is currently priced at $8,000,000.

In April 2024, from all listings sold in Boca Raton, FL there were more than 20 sold above asking price, over 323 sold below and more than 41 were sold right at the asked price. In April 2024 in Boca Raton, FL there were 3.8% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $610,164, while the average time on the real estate market was 65 days.

From Rocket Homes Real Estate and based on county public records data.

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