Real Estate Update August 2019 – 33428

Homes are selling this summer and there are plenty more available for buyers. In this report we focus on zip code 33428 with neighborhoods including Boca Falls, Boca Winds, Loggers’ Run, Mission Bay, Palmetto Pines, Boca Springs, Boca Woods, and more.

We can’t cover every neighborhood so if we missed you please contact Warren to ask – 561-536-3645 or [email protected].

Boca Falls

Boca Falls homes sold (blue), for sale (green), pending (yellow) and other activity, all for July 2019. Image via FlexMLS using Google Maps.

Boca Falls had 8 home sales in July with prices ranging from a low of $471,000 to a high of $690,000. The two lowest prices, both under $500K, were sales by foreclosing banks. Other than that the lowest price was $545,000.

21432 Gosier Way sold for $545,000, with 2700 square feet, four bedrooms, three baths. The home did not have many updates and has its original roof. Image by Google.
12221 Kenton Way sold for $690,000. The courtyard pool model has four bedrooms, four and a half baths in 3200 square feet, has many updates and waterfront. It appears to be the original roof.

Two homes sold in the high $600Ks. Four sold in the mid to high $500Ks.

There are currently 17 homes listed in Boca Falls – that’s more than usual – with four homes listed under $500,000 and another four listed over $700,000.

Four listings canceled in July, and there are four homes in pending or contingent status.

Boca Winds

Boca Winds homes sold (blue), for sale (green), pending (yellow) and other activity, all for July 2019. Image via FlexMLS using Google Maps.

Boca Winds saw 8 homes sold, 4 of them in Ashley Park. Prices were: $515K, $475K, $455K, $370K, $365K, $365K, $340K, $333K

At the bottom end was $333K for 22668 Pickerel Circle (Ashley Park). The small house has 1400 sq.ft., four bedroom and two baths with some updates. The fourth bedroom is in the garage.

Best bargain may have been $365K for 22592 Middletown Drive. It has 1600 sq.ft., three bedroms and two baths, significant updates, waterfront, and the roof is only 14 years old.

Highest price was $515K for 22472 Tiki Drive, which has four bedrooms and two baths in 2000 sq.ft.


As with Boca Falls we see an increase in homes listed for sale. Fifteen are active at the moment. Six are listed under $400K. Five more are listed from $400K to $500K, and four homes are listed above $500K up to $539K.

There was only one canceled listing in July and no expired listings. It’s a good market for sellers with a lot of opportunities for buyers.

Loggers’ Run

Loggers’ Run homes sold (blue), for sale (green), pending (yellow) and other activity, all for July 2019. Image via FlexMLS using Google Maps.

With a bit less activity for its size, Loggers’ Run had only 9 homes sold in July.

Three of the sales were Timberwalk townhomes for $259K to $280K.

For single family homes, one sold in just a few days in Country Landing I for $365K at 11420 New Village Place (three bedroom).

Two sold in Island Lakes at $535K and $545K. They’re similar, each with four bedrooms, two and a half baths and about 2500 sq.ft.

Three homes sold for over $600K, with two in Tamarron and one in Winding Lakes 3.

21502 Sweetwater Lane South sold for $677K. It has 5000 sq.ft., and five bedrooms.

22210 Woodset. Image by Google.

In Tamarron, which has large lots, 22210 Woodset sold for $670K, with 3300 sq.ft. and four bedrooms.


There’s still a lot for sale with nineteen listings. Four of those are in Timberwalk for $244K to $285K.

Two are listed in Tamarron for over $800K. Two more are listed in the high 600Ks in Winding Lakes II and III.

Two in Crystal Cove are listed at $599K each. Three are listed in Island Lakes for between $505K and $540K.

Three are listed in the low $400Ks, in Country Landings III, Cimarron, and Indian Head. Two more are listed in Country Landings III for under $400K.

Four listings were canceled and three expired in July. A ratio of seven failed listings to nine closed listings is a bad sign and indicates how important it is to hire a good real estate agent. Call or text Warren at 561-536-3645.

Mission Bay

Mission Bay homes sold (blue), for sale (green), pending (yellow) and other activity, all for July 2019. Image via FlexMLS using Google Maps.

Mission Bay had a surge of activity with fifteen homes sold, including thirteen single family homes.

Las Flores saw two townhomes sold for $305K and $281K, 1800 sq. ft. each.

Four single family homes sold under $400K inRegatta, Laguna, and La Costa.

20280 Hacienda Court in Cordova Estates. Image by Google.

Seven homes sold for prices between $400K and $500K. One buyer got a great deal on 20280 Hacienda Court in Cordova Estates, $480K for 2600 sq.ft. 4 bedroom, 3 bath all on one floor, with a 10 year old roof and lots of updates.

Two homes sold for $500K and up, $500K in Sonata and $535K in Regatta.


Mission Bay has eighteen homes listed for sale including three townhomes and seven listings in the Sonata subdivision.

Two in Sonata are priced over $500K. Three single family homesa are listed under $400K, with the rest listed in the $400Ks.

A large townhome in Las Flores is listed at $360K, while two smaller ones in Reflections $327K and $315K

Three listings expired in July and five canceled.

Palmetto Pines, Boca Springs and More

In the greater Palmetto Pines area, eleven single family homes sold plus three trailers and one villa.

Tudor Woods had three sales all close to $250,000.

Boca Springs had two sales at $382,000 and $390,000.

Six homes sold in the area in the $300Ks including two in Meadow Lakes Estates.


There are 31 homes listed in the area including two in Lexington Estates ($697K and $525K), six in the low $400Ks and eighteen listed in the $300Ks. Two trailers are on the market for around $180K.

Twelve listings canceled and one expired, another example where you can see the importance of hiring a good real estate agent. Call or text Warren at 561-536-3645.

Boca Woods

Boca Woods had six sales close: One at $400K; two in the low $300Ks, and three more sold from $129K to $200K.

There are 26 homes listed for sale, six of them under $200K, and ten listed over $300K.

Five listings failed (canceled or expired) in July. Like many country club communities, Boca Woods remains a challenging market for sellers.


Palma Vista (between Home Depot and West Boca Medical Center) had two homes sell in July, one at $710,000 and another at $850,000. Walking access to the Jewish Federation campus is a big attraction for that neighborhood. There are no current listings in Palma Vista.

Avalon (behind Lowe’s) had no transactions in July. There is one home listed at $565K.

Boca Falls 2018 Report

The 3800 square foot 5-bedroom ranch at 21375 Falls Ridge Way (pictured above) fetched the highest price by far at $735,000.

34 homes sold in Boca Falls in 2018, with prices ranging from a high of $735,000 to a low of $422,500. There were also 33 listings that expired or canceled, making it about a 50% change that a listing will sell.

The average transaction was a 3000 square foot home selling for $560,000. Last year’s average was $586,000 for a 3200 square foot house. In dollar per square feet prices are up about 2%. Homes are taking a little longer to sell with the average at 77 days.

Continue reading “Boca Falls 2018 Report”

Lexington Estates and Paraiso 2018 Home Sales – First Half

Lexington Estates entrance; image by Google.

Lexington Estates

Prices are up in Lexington Estates, where nine homes sold in the first half of 2018. The top and bottom prices are above what they were in all of 2017. Still even the houses that sell well are getting less per square foot than comparable homes in similar gated communities.

One house broke the $500K mark. 22299 Tupelo Place sold for $510,000, with 4 bedrooms and 2 1/2 baths in 3000 square feet. The updated kitchen and some other nice features helped it sell in just one month.

On same cul de sac, the much smaller 22286 Tupelo Place had the low price at $375,000 with 3 bedrooms and 2 baths in only 1800 square feet. It has one of the best lot locations in the neighborhood but the house was in sore need of updates throughout. Only one other house sold for less than $400,000 and it was a bank-owned foreclosure.

Six of the nine houses sold for over $450,000. Going for $475,000 was 22176 Braddock Place, a 5-bed, 3-bath model with 3000 square feet and some high end features like marble floors. With all that it’s still less than $160/sq.ft.

Lexington Estates and Paraiso are on the west side of US-441 south of Palmetto Park Road. Image and map data by Google.

Paraiso

The number of sales has increased dramatically in Paraiso (formerly known as Allegro). Seven homes sold in the first half of the year, up from six in all of 2017. There was only one sale under $300K (compared to 3 last year) but the high price was much lower as well.

Paraiso entrance; image by Google.

10130 Fanfare Drive sold for $340,000 with 4 bedrooms and 2 1/2 baths in 2100 square feet. All the other homes that sold were much smaller, most under 1500 square feet.

10266 Allegro Drive sold for $330,000 with 3 bedrooms and 2 baths in 1450 square feet.

The lowest price was $290,000 for 22280 Tempo Way. The 3-bedroom with 1700 square feet is the closest house to the main gate and was due for some updates. It took over 8 months to sell. All the other houses sold in less than 2 months and most in 3 weeks or less.

Palmetto Pines and Boca Springs Home Sales 2018 Through June

10291 W Sunstream Lane sold for $435,000; image by Google.

There were 18 home sales in the first half of 2018 in Boca Springs and Palmetto Pines. Two houses in Boca Springs sold for over $400,000, while Palmetto Pines topped out at $375,000.

Boca Springs

Sellers in Boca Springs are getting more for their homes this year so far.

10291 W Sunstream Lane, pictured at top, has 4 bedrooms and 2 /12 bathrooms in 2300 square feet. The new roof and extensive remodeling helped it sell in 6 weeks for $435,000.

10880 Fox Glen Drive sold for $419,000 with 4 bedrooms and 3 bathrooms in 2700 square feet after more than 5 months on the market. The house was also extensively remodeled, but non-neutral design choices may have affected the sale.

The smaller 10711 Palm Spring Drive sold for $341,000 with 4 bedrooms and 3 bathrooms in 2200 square feet. The listing text described remodeling but the photos did not show that well.

Two homes sold below $320,000. One was a bank-owned foreclosure, 11172 Sandpoint Terrace, sold for $319,000 with 3 bedrooms in 1900 square feet. And 10303 Boca Springs Drive, with only 1600 square feet, sold for $315,000.

Palmetto Pines

22074 Greenwich Court E sold for $375,000; image by Google.

Palmetto Pines saw 13 sales in the first half of the year. At the top was 22074 Greenwich Court E with four bedrooms and two bathrooms in 1750 square feet all on one floor. The house sold in just 9 days, likely helped by professional photography that showed off the remodeling, lot size, pool and other features. Photography included multiple photo sessions and HDR software.

Two other homes sold for $350K or more. 22317 Boulder Street went for $359,900 with four bedrooms and three bathrooms in 2000 square feet, while 11178 Delta Circle was $350,000 even with three bedrooms and two baths in 1700 square feet – selling in just two days.

All but two of the remaining homes sold for over $300,000. For example 10901 Granite Street netted $327,000 with 3 bedrooms and 2 baths in 1450 square feet.

Second from lowest was the 1100 square foot house at 4562 Ararat Street, selling for $293,000. The lowest, at $267,000, was 4747 Betelnut Street, a bank-owned foreclosure.

Palma Vista and Avalon Home Sales 2018 First Half

Five homes sold in Palma Vista and two in Avalon in the first half of 2018. They seem to be moving slower as they all took over two months to sell and five of the seven took over 100 days, and prices seem to be down.

Palma Vista

The highest price for both neighborhoods was $655,000 for a 6 bedroom, 3700 square foot two story at 21074 Bella Vista Circle in Palma Vista. The house had been rented out the past couple years. Overall Palma Vista home prices seem down a bit. It’s possible that the new “Uptown Boca” development to be built just northeast of the community is affecting values but we’re not sure if that’s it. Two of the homes were bank owned foreclosures. One of them sold for only $372,000 with 4 bedrooms and 2800 square feet all on one floor.

The other foreclosure was a large 3800 square foot house that sold for only $546,000. The best deal for a seller was 9736 Palma Vista Way selling for $526,000 with just 2500 square feet.

The community has a location with unique benefits, in particular the ability to walk into the Jewish Federation campus for the Jewish schools and JCC.

Avalon

21830 Cypress Palm Court sold for $585,000 with 5 bedrooms in 3550 square feet. The house has deluxe finishes in the kitchen and at least one bathroom.

9786 Parkview Avenue sold for $580,000 with 5 bedrooms in 2900 square feet. The interior is a mix of recent upgrades with some dated features like flooring and windows.