5533 Rico Drive Drive, Boca Raton, FL 33487

$1,950,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,398 Lot Size (sq. ft.): 7,841 Status: Closed
Current Price: $1,950,000 List Date: 1/17/2022 Last Modified: 3/13/2026

Description

The tropical island-vibe seamlessly blends with the luxurious Boca Raton lifestyle in the highly sought after Caribbean Keys waterfront community. Nestled in this quiet, private enclave, Villa Rico is a boaters paradise. Right around the corner from the intracoastal waterway and minutes to the best restaurants and shopping in Boca and Delray, the location is second to none. This home is equipped with smart home technology and many upgrades throughout including electric shades, impact glass, new air conditioning units, new washer and dryer, new pool heater/chiller, app controlled pool temperature and lighting, nest thermostats, lutron smart lighting systems and natural gas (city). Schedule a showing to see this property today before it's gone!

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More Information MLS# R10770279

Contract Information

Comp Sale YN: No Listing Contract Date: 2022-01-13 Status: Closed Original List Price: 2200000 Sold Price: $1,950,000 Current Price: $1,950,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Boca Raton Postal Zip: 33487 Geographic Area: PB02 Special Assessment YN: No Street Number: 5533 Street Name: Rico Drive Street Suffix: Drive State Or Province: FL Postal Code: 33487 Subdivision Name: Caribbean Keys Area: 4240 Elementary School: J. C. Mitchell Middle Or Junior School: Boca Raton Community High School: Boca Raton Parcel Number: 06434704050140040 Zoning: R1B Directions: Federal Highway North of Yamato. East on Jeffrey Street to NE 7th Ave. South on 7th Avenue to Newcastle. Left on Rico, home is on your left.

General Property Information

Living Area Main: 3078 Gated Community YN: No Lot Size Area: 7836 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 2 Stories: 2 Fireplace YN: Yes Pool Private YN: Yes Property Sub Type: Single Family Residence Bedrooms Total: 3 Bathrooms Total: 3 Bathrooms Full: 3 Building Area Main: 3398 Building Area Source: Public Records Year Built: 1970 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 1 Covered Spaces: 1 Lot Size Acres: 0.18 Frontage Length: 45 Waterfront YN: 1 Direction Faces: Northwest

Financial Information

Association Deposit YN: No Membership Fee Required YN: No Tax Annual Amount: 18289 Tax Year: 2021 Tax Legal Description: Lot 4, Block 14, Plat No. 1 Caribbean Keys

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Conventional Major Change Timestamp: 2022-03-02T15:30:02Z Major Change Type: Status Change Status Change Date: 2022-03-02 Under Contract Date: 2022-01-25 Close Date: 2022-03-01 Close Price: 1950000

Amenities

None: 1

Entry Information

Entry Location: Entry Level Living Area Y

Flooring

Other: 1

Parking Features

Attached Garage: 1 Garage: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Possession

Negotiable: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1 Sewer Available: 1 Water Available: 1

View

Pool: 1

Heating

Central: 1 Electric: 1

Water Access

No Fixed Bridge: 1 Ocean Access: 1

Water View

Canal: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Construction Materials

CBS: 1

Listing Terms

Cash: 1 Conventional: 1

Roof

Concrete: 1 Tile: 1

Water Source

Public: 1

Waterfront Features

No Fixed Bridges: 1

Boat and Dock Information

Dock: Yes

Boat and Dock Features

Private Dock: 1

Cooling

Central Air: 1 Electric: 1

Showing Requirements

24 Hour Notice: 1 Appointment Only: 1 Listing Agent Must Accompany: 1 Schedule Online: 1

Main Level Rooms

Main Level Bathrooms: 3 Main Level Bedrooms: 3

Master Bedroom/Bath

Master Bdrm - Ground: 1

Pets Allowed YN

Yes: 1

Restrictions

No Restrictions: 1 Lease OK: 1

Storm Protection

Impact Glass: Partial

Tax Information

City/County: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Balcony: 1 Patio: 1

Contingencies

None: 1

Room Types

Kitchen: 1 Kitchen Level: Main Living Room: 1 Living Room Level: Main Loft: 1 Master Bedroom: 1 Master Bedroom Level: Main

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

Current Price To SqFt: 633.52 Original List Price To Close Price: 1.12

Originating Details

Originating System Key: 20220114172031381808000000 Originating System ID: M00000170

Property Features

Flooring: Other Parking Features: Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer Boat and Dock Features: Private Dock Construction Materials: CBS Cooling: Central Air; Electric Heating: Central; Electric Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Negotiable Restrictions: No Restrictions; Lease OK Roof: Concrete; Tile Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available View: Pool Water Access: No Fixed Bridge; Ocean Access Water Source: Public Water View: Canal Waterfront Features: No Fixed Bridges Showing Requirements: 24 Hour Notice; Appointment Only; Listing Agent Must Accompany; Schedule Online Outdoor Living Spaces: Balcony; Patio Contingencies: None Room Types: Kitchen; Living Room; Loft; Master Bedroom

Room Information

Living Room Length: 13.00 Length: 13.00 Width: 15.00 Width: 15.00 Level: Main Kitchen Length: 15.00 Length: 15.00 Width: 15.00 Width: 15.00 Level: Main Master Bedroom Length: 15.00 Length: 15.00 Width: 15.00 Width: 15.00 Level: Main Loft
Listing Office: Douglas Elliman
IDX
Last Updated: March - 13 - 2026
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