Chic Montecito style meets this Sanctuary deepwater estate sited on 116+/- feet of waterfrontage originally built by Palm Beach builder Addison Development and interiors by Marc-Michaels. Authentic Spanish Colonial influenced interiors boast rich hardwood floors, terra cotta and gorgeous tough and groove beamed wood ceilings and gentle archways sets the stage for glamorous living. Lavish Primary suite includes two baths (one in the new Dior boutique vibe ) , lounge, exercise room and waterway balcony . Reimaged resort-styled pool/patio is enhanced with water features and sculpture garden, Loggia with professional bar and summer kitchen and Cabana. Shown by appt only.
Property Details
Property Features
Property Information:
Architectural Style: < 4 Floors, Mediterranean
Year Built: 1997
Stories: 2
Living Area: 7,664 SqFt
Listing Office:
Office Name: Premier Estate Properties Inc
Office Phone: (561) 394-7700
Listing Agent: Carmen N D'Angelo
Interior Features
Interior Information:
Appliances: Automatic Garage Door Opener, Dishwasher, Disposal, Dryer, Freezer, Electric Range, Refrigerator, Washer
Flooring Type: Carpet, Other, Wood Floor
Interior: Ctdrl/Vault Ceilings, Elevator, Fireplace(s), Foyer, French Door, Laundry Tub, Pantry, Roman Tub, Split Bedroom, Walk-in Closet
This property is $8.3M more than the Median Sold Price and $835/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-10933807
Listing Office:
Office Name: Premier Estate Properties Inc
Office Phone: (561) 394-7700
Listing Agent: Carmen N D'Angelo
All 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: 4/28/2024, 2:25:15 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
DATE
EVENT
PRICE
May 08, 1997
May 08, 1997Home Sold
$3,663,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$52,037
$2,904,316
2019
$52,329
$2,839,019
2018
$49,054
$2,786,083
2017
$48,809
$2,728,779
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$46.4K
Per Month
Principal & Interest
$44.6K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$1,750
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$26.8K
Powered By
Advertisement
NMLS#3030
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
6
/10
J. C. Mitchell Elementary School
2470 NW 5th Ave
Distance between this listing and this school1.59 miles
Public District Grades KG-5
Middle School
6
/10
Boca Raton Middle School
1251 NW 8th St
Distance between this listing and this school3.21 miles
Public Magnet Grades 6-8
High School
6
/10
Boca Raton Community High School
1501 NW 15th Ct
Distance between this listing and this school3.15 miles
Public Magnet Grades 9-12
Assigned Schools
6
/10
J. C. Mitchell Elementary School
2470 NW 5th Ave
Distance between this listing and this school1.59 miles
Public District Grades KG-5
Nearby Schools
6
/10
Boca Raton Elementary School
103 SW 1st Ave
Distance between this listing and this school3.00 miles
Public Magnet Grades KG-5
9
/10
Somerset Academy Boca East
333 SW 4th Ave
Distance between this listing and this school3.28 miles
Public Charter Grades KG-5
Assigned Schools
6
/10
Boca Raton Middle School
1251 NW 8th St
Distance between this listing and this school3.21 miles
Public Magnet Grades 6-8
Nearby Schools
10
/10
Don Estridge High Tech Middle School
1798 NW Spanish River Blvd
Distance between this listing and this school2.89 miles
Public Magnet Grades 6-8
9
/10
Somerset Academy Boca Middle School
333 SW 4th Ave
Distance between this listing and this school3.28 miles
Public Charter Grades 6-8
Assigned Schools
6
/10
Boca Raton Community High School
1501 NW 15th Ct
Distance between this listing and this school3.15 miles
Public Magnet Grades 9-12
Nearby Schools
10
/10
A.D. Henderson University School & Fau High School
777 Glades Rd Bldg 26
Distance between this listing and this school2.24 miles
Public District Grades KG-12
9
/10
Spanish River Community High School
5100 Jog Rd
Distance between this listing and this school4.43 miles
The neighbors living near this home have an average income of $55,242. The most common annual income of people living in Boca Raton, FL is less than $35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 701 Tern Point Cir
What is the listing price of this property?
The listing price of 701 Tern Point Cir property is $8,950,000.
What type of property is this?
The property 701 Tern Point Cir is a house located in Boca Raton, Florida, 33431.
Is this property for sale now?
Active Listing: 701 Tern Point Cir is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 701 Tern Point Cir are: J. C. Mitchell Elementary School: GreatSchools Rating 6/10Boca Raton Middle School: GreatSchools Rating 6/10Boca 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 $52,037 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 8, 1997 for $3,663,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 701 Tern Point Cir has 5 bedrooms and 6 full and 3 half bathrooms.
What is the square footage of this property?
The property 701 Tern Point Cir is 7,664 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 701 Tern Point Cir is 1997.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 701 Tern Point Cir in Boca Raton, FL and zip code 33431 in the The Sanctuary neighborhood. This 7,664 square foot home was built in 1997. Features: 5 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since November 06, 2023 and is currently priced at $8,950,000.
Boca Raton, FL housing market in March 2024 saw over 22 listings sold above listed price, more than 33 sold at listed price and over 257 sold below. Between February 2024 and March 2024, Boca Raton, FL real estate market has seen increase in the number of listings by 7.4%. In March 2024, listings were on the market for 53 days. During the same period, the median list price in this real estate market was $601,056.
From Rocket Homes Real Estate and based on county public records data.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
Symphony or Opera
Symphony or Opera
PGA/LPGA
Hiking/backpacking
Chico's
Nordstrom Rack
Stein Mart
Boston Market
Bonefish Grill
Chipotle
Volvo
Cadillac
Mazda
Talk/Personality
Classical
Rock