700 NE Orchid Bay Drive, Boca Raton, FL 33487

$2,366,000
Property Type: Land & Docks Lot Size (sq. ft.): 19,261 Status: Closed
Current Price: $2,366,000 List Date: 9/16/2022 Last Modified: 3/15/2026

Description

This is not your ordinary East Boca ocean access waterfront land for sale. Located in the Boca Bay Colony neighborhood, 700 Orchid Bay Dr is exceptional in that it boasts over 19,000 sq/ft of yard space that can accommodate an above average sized home or simply extra landscaping space for outdoor living, pets, and privacy. The property is situated with southern exposure on a circular canal with continuous flow and overlooks a turning basin with open views down the canal. The Boca Raton area is known to have excellent blue water offshore given its close proximity to the Gulfstream current. Ocean access is available via Boca Raton Inlet within a ~25 minute boat ride from the property.

Supplements: There is an extraordinary 312 feet of useable dockage that can accommodate multiple boats while still leaving open views of the water from inside the future house. Survey and soil test results are included; engineering showed excellent soil which translates to direct build cost savings. The lot is cleared and ready to build which also saves demolition costs. Seller is willing to consider seller financing during the build phase for qualified buyers. In addition, seller has an optional waterfront home in the area that can be made available to the future buyer to live in during the build; making this a flexible and complete path forward to your future brand-new home that is tailored to your exact liking.

More Information MLS# R10810920

Contract Information

Comp Sale YN: No LP/Acre: 5659090.91 Listing Contract Date: 2022-06-23 Status: Closed Original List Price: 2490000 Sold Price: $2,366,000 Current Price: $2,366,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Boca Raton Postal Zip: 33487 Development Name: BOCA BAY COLONY Geographic Area: PB02 Street Number: 700 Street Direction Prefix: NE Street Name: Orchid Bay Street Suffix: Drive State Or Province: FL Postal Code: 33487 Subdivision Name: BOCA BAY COLONY Area: 4180 Elementary School: J. C. Mitchell Middle Or Junior School: Boca Raton Community High School: Boca Raton Parcel Number: 06434632170040010 Zoning: R1B(ci Directions: US1 to Boca Bay Colony Drive, east. North on NE 7th Ave to property on right.

General Property Information

Number Of Lots: 10 Lot Size Dimensions: 147.5 x 284.4 Minimum Livable Area: 5875 Frontage Length: 312 LP/SqFt: 129.28 Property Sub Type: Unimproved Land Lot Size Acres: 0.44 Lot Size Square Feet: 19261 Waterfront YN: 1 Direction Faces: North

Financial Information

Association Membership: Mandatory Association YN: 1 Association Fee: 63 Tax Year: 2021 Tax Annual Amount: 13764.7 Tax Legal Description: BOCA BAY COLONY LT 1 & W 1/2 OF LT 2 BLK 4 & NLY 305 FT OF TR K

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Seller Financing SP/Acre: 5377272.73 Major Change Timestamp: 2023-03-01T19:10:44Z Major Change Type: Status Change Status Change Date: 2023-03-01 Under Contract Date: 2022-09-23 Close Date: 2023-03-01 Close Price: 2366000

Application Fee Details

Application Fee Required: Yes Application Fee: 150

Short Sale Details

Short Sale Addendum: No

Documents Available

Building Plan: 1

Comprehensive Plan Use

Other: 1

Current Use

Single Family: 1

Development Status

Recorded Plat: 1

Location of Property

Beach Access: 1 City Location: 1

Possible Use

Single Family: 1 Other: 1

Sewer

Public Sewer: 1

Trees

Other: 1

Utilities

Cable Available: 1 Electricity Available: 1 Phone Available: 1 Sewer Available: 1 Water Available: 1

Vegetation

Other: 1

Water Access

No Fixed Bridge: 1 Ocean Access: 1

Water View

Canal: 1 Intracoastal: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Sidewalks: 1 Other: 1

Road Frontage Type

Other: 1

Water Source

Public: 1

Waterfront Features

Intracoastal: 1 Seawall: 1 No Fixed Bridges: 1

Boat and Dock Information

Dock: Yes Boat Max Length: 0

Boat and Dock Features

Private Dock: 1

Showing Requirements

Call Listing Agent: 1 Text Listing Agent: 1

Contingencies

Other: 1

Price Calculations

Original List Price To Close Price: 1.05

Acreage Description

1/4 To Less Than 1/2 Acre Lot: 1

Originating Details

Originating System Key: 20211222165920697062000000 Originating System ID: M00000170

Property Features

Comprehensive Plan Use: Other Current Use: Single Family Development Status: Recorded Plat Documents Available: Building Plan Location of Property: Beach Access; City Location Possible Use: Single Family; Other Sewer: Public Sewer Trees: Other Utilities: Cable Available; Electricity Available; Phone Available; Sewer Available; Water Available Vegetation: Other Boat and Dock Features: Private Dock Listing Terms: Cash; Conventional Lot Features: Sidewalks; Other Road Frontage Type: Other Water Access: No Fixed Bridge; Ocean Access Water Source: Public Water View: Canal; Intracoastal Waterfront Features: Intracoastal; Seawall; No Fixed Bridges Showing Requirements: Call Listing Agent; Text Listing Agent Contingencies: Other Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Listing Office: RE/MAX Direct
IDX
Last Updated: March - 15 - 2026
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