561700 Malaga Drive, Boca Raton, FL 33432
$2,100,000
Property Type:
Land & Docks
Lot Size (sq. ft.):
9,823
Status:
Closed
Current Price:
$2,100,000
List Date:
1/15/2026
Last Modified:
2/25/2026
Description
Perfect, building lot in the well sought after Spanish River Lands section of Boca Raton. This Large Corner Lot, is located on Spanish River Rd and Malaga Drive. Rarely , available location for you to build your Dream Home. On a Clean Canvas. Walking distance to the Ocean, Pristine Beaches, The Boca Raton Resort Hotel/World Class Golf Course and Upscale Downtown Boca Raton. This lot can accommodate 6100 Sq Ft under air home, depending on your Architecture Design Plans.
More Information MLS# R11154631
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
LP/Acre: 9565217.39
Listing Contract Date: 2026-01-15
Status: Closed
Original List Price: 2200000
Sold Price: $2,100,000
Current Price: $2,100,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Boca Raton
Postal Zip: 33432
Development Name: SPANISH RIVER LAND
Geographic Area: PB01
Multiple Offers Accepted: Yes
Country: United States
Street Number: 700
Street Name: Malaga
Street Suffix: Drive
State Or Province: FL
Postal Code: 33432
Subdivision Name: SPANISH RIVER LAND CO SUB UNIT 3
Area: 4160
Elementary School: Boca Raton
Middle Or Junior School: Boca Raton Community
High School: Boca Raton
Parcel Number: 06434732020050090
Zoning: R1A(ci
General Property Information
LP/SqFt: 223.96
Property Sub Type: Unimproved Land
Lot Size Acres: 0.23
Lot Size Square Feet: 9823
Direction Faces: North
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
SP/Acre: 9130434.78
Major Change Timestamp: 2026-02-25T15:20:43Z
Major Change Type: Status Change
Status Change Date: 2026-02-25
Under Contract Date: 2026-02-16
Close Date: 2026-02-24
Close Price: 2100000
Short Sale Details
Short Sale Addendum: No
Documents Available
Building Permit: 1
Engineering Study: 1
Plans: 1
Current Use
Single Family: 1
Development Status
Raw Land: 1
Location of Property
Beach Access: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Possible Use
Single Family: 1
Sewer
Public Sewer: 1
Trees
None: 1
Utilities
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
Vegetation
Other: 1
Listing Terms
Cash: 1
Lot Features
Cleared: 1
Corner Lot: 1
Interior Lot: 1
Road Frontage Type
East of US-1: 1
Public Road: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Paved: 1
Water Source
Public: 1
Contingencies
None: 1
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Price Calculations
Original List Price To Close Price: 1.04
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Year: 2025
Tax Annual Amount: 19962.3
Tax Legal Description: SPANISH RIVER LAND CO SUB UNIT 3 LT 9 BLK 5
Originating Details
Originating System Key: 20260115162705782497000000
Originating System ID: M00000170
Property Features
Current Use: Single Family
Development Status: Raw Land
Documents Available: Building Permit; Engineering Study; Plans
Location of Property: Beach Access
Possession: Close Of Escrow; Negotiable
Possible Use: Single Family
Sewer: Public Sewer
Trees: None
Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available
Vegetation: Other
Listing Terms: Cash
Lot Features: Cleared; Corner Lot; Interior Lot
Road Frontage Type: East of US-1; Public Road
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Water Source: Public
Contingencies: None
Acreage Description: Less Than 1/4 Acre Lot
Documents
Survey ›
Listing Office:
Serhant
Last Updated: February - 25 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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