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
Last Updated: March - 15 - 2026
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