5 months on rocket

551 NE Waterway Ln, Boca Raton, FL, 33432

$8,995,000

4 Bedrooms
4 Full Baths, 1 Partial
5,683 SqFt
$1,583/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Drive - Circular, Driveway, Garage - Attached
Attached Garage3 spaces
Year Built2017
HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air, Electric
WaterfrontCanal, Ocean Access, Seawall
FireplaceFireplace(s)
ViewCanal, Intracoastal, Pool
Private PoolYes
MLS #RX-10937338
StatusActive

About 551 NE Waterway Ln

**Incredible opportunity to assume a highly attractive, below 3% interest assumable mortgage on this stunning property.** This sophisticated home is located on a private cul-de-sac & offers an unparalleled waterfront living experience with 4 bedrooms plus an office. Natural light streams through large windows with views of the water from every part of the house. The kitchen is a chef's dream with high end appliances & an oversized custom island. The family room & living area are joined by a two-sided glass fireplace & seamlessly connect to the outdoor space where you can enjoy a cozy spot for evening gatherings & sunsets around a natural gas fire pit.Elevator to the 2nd floor with 3 additional ensuite bedrooms.There is 210 ft. of dockage and a lift for both a boat & jet ski

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2017
  • Stories: 2
  • Living Area: 5,683 SqFt

Listing Office:

  • Office Name: Luxury Partners Realty
  • Office Phone: (561) 819-5600
  • Listing Agent: Pamela Mathias Levine

Interior Features

Interior Information:

  • Appliances: Automatic Garage Door Opener, Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm, Freezer, Whole Home Generator, Ice Maker, Microwave, Electric Range, Refrigerator, Oven, Washer, Electric Water Heater
  • Flooring Type: Ceramic Tile, Marble, Tile, Wood Floor
  • Interior: Bar, Built-in Shelves, Closet Cabinets, Ctdrl/Vault Ceilings, Decorative Fireplace, Elevator, Entry Lvl Lvng Area, Fireplace(s), Foyer, French Door, Kitchen Island, Pantry, Second/Third Floor Concrete, Split Bedroom, Volume Ceiling, Walk-in Closet, Wet Bar
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal, Ocean Access, Seawall
  • View: Canal, Intracoastal, Pool
  • Exterior: Auto Sprinkler, Built-in Grill, Covered Balcony, Covered Patio, Custom Lighting, Fence, Open Balcony, Open Patio, Screened Patio, Summer Kitchen

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: 2+ Spaces, Drive - Circular, Driveway, Garage - Attached

Virtual/3D Tour

  • Virtual Tour: 551 NE Waterway Ln

Virtual Tour

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Paved, Private

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric

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: I-95 to Palmetto Pk. Rd. East to NE 5th Ave, make left. Golden Harbour neighborhood on right, last street before James Rutherford Park at the end of cul-de-sac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,995,000
  • Price Per SqFt: $1,583/SqFt

Tax Information:

  • Annual Amount: $59,324
  • 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

551 NE Waterway Ln vs Boca Raton

165 DAYS ON ROCKET

+100 Days

$8,995,000

+$8.3M More

$1,583/SqFt

+$1.2K More

KEY TAKEAWAY

This property is $8.3M more than the Median Sold Price and $1.2K/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-10937338

Listing Office:

  • Office Name: Luxury Partners Realty
  • Office Phone: (561) 819-5600
  • Listing Agent: Pamela Mathias Levine

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: 5/4/2024, 6:15:32 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 15, 2021Home Sold
$5,500,000
Apr 16, 2015Home Sold
$1,410,000
Mar 22, 2013Home Sold
$968,500
Aug 04, 2004Home Sold
$1,725,000

Tax History

YEARPROP. TAXASSESSMENT
2020$59,324$3,317,464
2019$59,659$3,242,878
2018$57,229$3,256,364
2017$21,514$1,192,125

History based on county public records data.

Payment Calculator

$44.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$27K

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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-5773146
6
/10
  • Boca Raton Elementary School

  • 103 SW 1st Ave

  • 1.30 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-5773147
6
/10
  • Boca Raton Middle School

  • 1251 NW 8th St

  • 2.30 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-5773148
6
/10
  • Boca Raton Community High School

  • 1501 NW 15th Ct

  • 2.46 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 majority of Boca Raton, FL residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 551 NE Waterway Ln

What is the listing price of this property?

The listing price of 551 NE Waterway Ln property is $8,995,000.

What type of property is this?

The property 551 NE Waterway Ln is a house located in Boca Raton, Florida, 33432.

Is this property for sale now?

Active Listing: 551 NE Waterway Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 551 NE Waterway Ln 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 $59,324 (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 15, 2021 for $5,500,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 551 NE Waterway Ln has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 551 NE Waterway Ln is 5,683 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 551 NE Waterway Ln is 2017.
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Rocket Homes›Florida›Palm Beach County›Boca Raton›33432›551 NE Waterway Ln

This home is located at 551 NE Waterway Ln in Boca Raton, FL and zip code 33432 in the Golden Harbour neighborhood. This 5,683 square foot home was built in 2017. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 20, 2023 and is currently priced at $8,995,000.

While more than 20 listings in Boca Raton, FL in April 2024 were sold above asking price, there were more than 41 listings sold at asking price, and more than 323 were 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%. Listings spent 65 days on the market in April 2024, and had a median list price of $610,164 during the same period.

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

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