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499 NE 8th St, Boca Raton, FL, 33432

$6,499,000

6 Bedrooms
6 Full Baths, 1 Partial
6,249 SqFt
$1,040/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage - Attached
Attached Garage3 spaces
Year BuiltNew Const., 2024
HeatingCentral, Electric, Zoned
CoolingCentral Air, Electric, Zoned
WaterfrontNone
Private PoolYes
MLS #RX-10941605
StatusAccepting Backup Offers
(Active Under Contract)

About 499 NE 8th St

Introducing 499, Boca's new standard of luxury living. Developed by Zatos Investments, designed by the award winning Affiniti Architects, and constructed by South Florida's acclaimed Albanese and Sons Builders. This residence has been crafted to perfection and redefines opulent living. The 2-story home, which boasts 6,249 Sq Ft under air, is situated on an oversized 15,000+ Sq Ft corner lot, featuring 6 ensuite bedrooms, with the primary suite located on the first floor, a club room and a cabana guest house. Conveniently located in the prime area of East Boca, just behind Mizner Park, and 1 mile from the beach. Boca Villas residents will enjoy unparalleled convenience and access to the finest shops, restaurants and amenities the city has to offer.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Stories: 2
  • Living Area: 6,249 SqFt

Listing Office:

  • Office Name: Compass Florida LLC
  • Office Phone: (305) 851-2820
  • Listing Agent: Aaron F Buchbinder

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Range, Oven, Washer
  • Flooring Type: Tile
  • Interior: Bar, Kitchen Island

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None
  • Exterior: Auto Sprinkler, Covered Patio, Open Patio

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage - Attached

Virtual/3D Tour

  • Virtual Tour: 499 NE 8th St

Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Electric, Zoned

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: Head East on Palmetto Pkwy to Fifth Avenue. Head north a few blocks and property is located on left hand side. Corner lot of 8th St & 5th Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,499,000
  • Price Per SqFt: $1,040/SqFt

Tax Information:

  • Annual Amount: $8,577
  • 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

499 NE 8th St vs Boca Raton

147 DAYS ON ROCKET

+82 Days

$6,499,000

+$5.8M More

$1,040/SqFt

+$704 More

KEY TAKEAWAY

This property is $5.8M more than the Median Sold Price and $704/SqFt more than other homes in Boca Raton, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10941605

Listing Office:

  • Office Name: Compass Florida LLC
  • Office Phone: (305) 851-2820
  • Listing Agent: Aaron F Buchbinder

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: 5/3/2024, 6:14:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,577$497,665
2019$9,155$515,791
2018$3,572$224,470
2017$3,531$219,853

History based on county public records data.

Payment Calculator

$32.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.5K

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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-5185117
6
/10
  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 0.97 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-5185118
6
/10
  • Boca Raton Middle School

  • 1251 NW 8th St

  • 2.16 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-5185119
6
/10
  • Boca Raton Community High School

  • 1501 NW 15th Ct

  • 2.37 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. Most Boca Raton, FL residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 499 NE 8th St

What is the listing price of this property?

The listing price of 499 NE 8th St property is $6,499,000.

What type of property is this?

The property 499 NE 8th St is a house located in Boca Raton, Florida, 33432.

Is this property for sale now?

Accepting Backup Offers: 499 NE 8th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 499 NE 8th St 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 $8,577 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 499 NE 8th St has 6 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 499 NE 8th St is 6,249 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 499 NE 8th St is 2024.
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Rocket Homes›Florida›Palm Beach County›Boca Raton›33432›499 NE 8th St

This home is located at 499 NE 8th St in Boca Raton, FL and zip code 33432. This 6,249 square foot home was built in 2024. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since December 07, 2023 and is currently priced at $6,499,000.

Boca Raton, FL housing market in April 2024 saw over 20 listings sold above listed price, more than 41 sold at listed price and over 323 sold below. Between March 2024 and April 2024, Boca Raton, FL real estate market has seen increase in the number of listings by 3.8%. 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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