February Real Estate Update for West Boca


What Sold?
Just a quick update on the West Boca real estate market at the end of February. 274 homes have sold this year so far, 176 of them (including 141 condos, townhomes and villas) for less than $300,000.
75 homes sold for prices between $300K and $500K, all but three of them single family homes.
From $500K to $800K there were only 16 transactions, 9 of them in Boca Falls with 4 more in Boca Isles and 2 in Saturnia.
Over $800,000 there were 7 transactions all near Clint Moore with 3 in The Oaks, 2 in Long Lake Estates, 1 in Le Rivage and the most expensive one in Horseshoe Acres by auction for $3.1 Million, well off the list price of $4.35M.
What’s For Sale?
West of the Turnpike and south of the Delray line there are currently 802 homes on the market including 396 single family homes, 112 townhomes and villas, 287 condos and 7 mobile homes.
447 homes are listed for $300,000 or less, mostly condos and townhomes.
Between $300K and $500K there are 193 homes, nearly all of them single family.
In the $500K-$800K range there are 86 for sale, all single family homes. They tend to be in specific neighborhoods including Boca Falls, Boca Isles, Saturnia, The Shores, The Oaks and Avalon, with a smaller number in Boca Winds, Boca Reserve, Palma Vista, Loggers Run and Mission Bay.
76 homes are listed above $800,000, concentrated in The Oaks and Long Lake Estates.
Did You Notice?
In the sub-$300K market the number of transactions was more than 60% of the number listed. Homes under $300K sell fast. Keep in mind the sales are over a two month span.
In the lower middle range between $300K and $500K this drops to less than 40%. From $500K to $800K it drops to less than 20%. And over $800K the number of sales in that two month window is less than 10% of the number listed.
This should not be a surprise but less expensive homes sell more quickly. At the high end the market is so saturated with homes for sale that it gets very tough to get a good price for your house and it may not sell at all. You have to be patient. If you need to sell quickly, you may have to price it below market value.
Saturation
When a lot of homes in the same community are on the market, it’s harder for a seller to stand out and get full value for their home. Buyers have a lot of other choices.
In The Oaks 10% of all the homes in the development are listed for sale. The country clubs are similar. 11% of the homes in Stonebridge are on the market. Boca Woods is doing a little better at 6% on the market. Avalon has 6% listed.
Perhaps the most saturated is Le Rivage, a small superluxury development on the northeast corner of Lyons and Clint Moore, where 5 of the 18 houses (28%) are listed for sale. Prices range from $2M up to $3.75M. Across the street Long Lake Estates has over 13% of its homes listed with prices from $1.1M to $7M.
Compare that to Boca Falls where there are only 20 houses listed right now, less than 3% of the development. In Saturnia there are currently 13 homes listed out of 414, just over 3%. The Shores, Boca Greens and Palma Vista all have about 4% of their homes on the market. Mission Bay has 18 houses listed.
Not Saturated
It may be a good time to list when few other homes are listed like yours.
Boca Isles has 19 homes listed out of 876 or around 2%. Boca Winds has even fewer with only 15 houses listed out of 1100 homes in total, not much over 1%. Inventory seems particularly thin in Loggers’ Run with only 11 single family homes on the market. There are only 2 homes listed in The Lakes at Boca Raton (north of Yamato near Cain, and only 6 single family listings in Boca Chase (plus 2 in the 55+ homes). Lexington Estates only has one home listed.
Another area that’s very thin is around Lyons Road south of Glades where there is one home for sale in Escondido and nothing in Timbers of Boca or Pine Springs. The road construction on Lyons may have discouraged sellers.

Avalon, Palma Vista and Boca Reserve: Homes Sold 2017

We’re finishing up the 33428 zip code with three smaller neighborhoods that sold well in 2017. Palma Vista and Avalon are on the east side of US-441 between Palmetto and Glades, while Boca Reserve is between Loggers’ Run and Boca Winds on the south side of Palmetto Park Road.

Avalon
Four homes sold in Avalon this past year, all on Parkview Avenue with 5 bedrooms, 3-4 baths, and 3-car garages, and all built in 1998. They sold in 5 weeks or less. There were no transactions on Cypress Palm Court.
Two of the sales were 3400 square models with 4 full baths, one for $680K and the other for $690K. The smallest of the homes at 2800 square feet sold for $578K with 3 full baths while a slightly larger model with 3 1/2 baths sold for $565K.
HOA fees in Avalon are about $300/month. The average home price for 2017 was $628,000.

Palma Vista is just north of West Boca Medical Center and just south of Publix and Home Depot. Avalon is just north of Palmetto next to Lowe’s. Image and map data by Google.

Palma Vista
Palma Vista Way saw nine homes sold while one sold on La Vista Circle. All the homes were built between 2000 and 2002.
The lowest price was 9772 Palma Vista Way at $499K with 4 bedrooms and 3 full baths in 2500 square feet. On the high end 21180 La Vista Circle sold for $735K with 6 bedrooms and 5 1/2 baths in 3800 square feet. That was the only one over $700K. The same model sold for $690K at 9713 Palma Vista Way.
The most average of the homes sold was 9839 Palma Vista Way selling for $600,000 with 5 bedrooms and 3 1/2 baths in 3400 square feet.
HOA fees in Palma Vista are about $350/month. The average price for the development was $596K. They’re not moving fast as all the homes took at least one month to sell and the average was over three months.
Palma Vista is particularly attractive to people who appreciate the easy access to the Jewish Federation campus and the JCC. The neighborhood is also within walking distance to West Boca Medical Center and the Westwinds shopping plaza (Publix and Home Depot).
Boca Reserve

Two homes sold in the small and fairly new Boca Reserve development. Both were built in 2013.
12090 Boca Reserve Lane sold for $730,000. The 4000 square foot 5 bedroom has 4 1/2 baths. It sat on the market off and on for over a year mainly due to a high original list price of $899,000. It sold quickly after the list price was lowered to $749,000. It was purchased new from the builder in 2013 for $637K.
The smaller 12106 Boca Reserve Lane sold for $715,000 with 4 bedrooms and 3 1/2 baths in 3000 square feet. This one sold in 8 days with an original list price of $749,000. The seller had just bought the house in February 2016 for $675,000, and the previous owner got it from the builder for $570K.
HOA fees in Boca Reserve are about $200/month.

Boca Falls Homes Sold 2017: $415K to $820K

48 homes sold in Boca Falls during 2017. Prices ranged from a low of $415,000 up to a high of $820,000. The neighborhood average was $586,000 for a 3200 square foot house with 4 or 5 bedrooms and a 3-car garage. Homes in this price range take a little longer to sell, with a Boca Falls average of just over two months.
That $415K low is the lowest price not related to foreclosure that we’ve seen in Boca Falls in at least three years. The real low in Boca Falls is closer to $450K, and most homes sold for well over $500K.

Map of Boca Falls subdivisions; image and map data by Google. Subdivisions added by West Boca News.

Differences in Boca Falls are not as dramatic as some other developments like Boca Winds, Loggers’ Run or Mission Bay. The Estates and Crystal Pointe are generally seen as more expensive, mainly because the houses are larger.
Cascades
Six homes sold in the Cascades subdivision with an average price of $540K. 21776 Westmont Court was the largest at 3250 square feet with 5 bedrooms and the highest price at $650,000. Four 4-bedroom models between 2700 and 3000 square feet sold from $473K to $575K. The smallest home that sold in Boca Falls this year, 12306 Antille Drive with 3 bedrooms and 2 1/2 baths in under 2000 square feet, sold for $475,000.
Crystal Pointe
21798 Marigot Drive sold for $735,000 with 4 bedrooms and 3 1/2 baths in 3500 square feet.

The average in Crystal Pointe for 2017 was $645,000, held down a bit by one distressed 5-bedroom that sold for $570K. The three highest prices were all on Marigot Drive including two large homes that went for nearly $750,000.
Emerald Isle
12806 Hyland Circle sold for $535,000; image by Google.

Emerald Isle has the lowest turnover in Boca Falls and only one home sold on Hyland Circle in 2017. 12806 Hyland Circle, a 5 bedroom with 2800 square feet on two floors, sold for $535,000.
Emerald Pointe
12641 Yardley Drive sold for $642,000 with 5 bedrooms in 3300 square feet. Image by Google.

Five homes sold on Yardley Drive in 2017, with the biggest price variation among the subdivisions. Two smaller 2500 square foot models sold for just under $450K, while the 4600 square foot 12570 Yardley Drive sold for $820K. Two 3300 square foot also sold, a four bedroom for $522K and a five bedroom for $642K. The average for Emerald Pointe was $574,000.
The Estates
21238 Falls Ridge Way sold for $755,000 with six bedrooms, four full baths and two half baths. Image by Google.

The Estates had the highest average price for 2017 at $665,000, and also the largest average size at 4000 square feet. Three 3200 square foot homes sold from $570K to $600K. A 3800 square foot 5-bedroom also sold for $590K. Three 4600 square foot models with 4-car garages sold, all for over $700,000, with the highest going for $790K. An even larger 7 bedroom with 5000 square feet on two floors sold for $702,000.
Majestic Bay
Three one-floor homes around 2700 square feet sold on Torbay Drive and Abington Court from $470K to $540K. Each has four bedrooms and two-car garages.
Majestic Pointe
21426 Gosier Way sold for $560,000 after four months on the market. The 4-bedrrom home has 2700 square feet. Image by Google.

Prices averaged $575K on Gosier Way and Halstead Drive. There was one distressed 5 bedroom that sold for $497K. Otherwise the transactions started at $515K for a 2700 square foot 4-bedroom up to $725K for a 5-bedroom with 3400 square feet.
Mystic Bay
21409 Crestfalls Court sold for $590,000 with 5 bedrooms and 3 baths. Image by Google.

Four homes, all five bedrooms, sold in Mystic Bay. One of them was a distressed sale at $495K for a 2800 square foot model on one floor. Two others of the same model sold for $590K and $615K. A 3200 square foot model on two floors with an extra 1 1/2 bathrooms sold for $628,000.
Mystic Cove
12307 Rockledge Circle, a 2450 square foot 4-bedroom, sold for $550,000 in 40 days. Image by Google.

Three one-floor models between 2400 and 2800 square feet sold for $550K to $604K. They all went for more than $200 per square foot and sold in less than seven weeks.
Victoria Falls
12299 Riverfalls Court sold for $605,000. Image by Google.

Cascades Pointe Drive and Riverfalls Court are both dominated by two models, both with three full baths and three-car garages. Three of the larger model, 3250 square feet with five bedrooms on two floors, sold for $600K, $605K and $605K. A fourth sale is pending at closer to $620K. The lower priced one is on a corner lot with no waterfront but has substantial upgrades including a new pool.
12372 Cascades Pointe sold for $530,000 in May after two months on the market. Image by Google.

The smaller model, 2350 square feet with four bedrooms on one floor, had two sales. One at 12372 Cascades Pointe sold for $530,000 in two months. That’s up from $425,000 two years earlier. The other at 12355 Cascades Pointe sold for the very low price of $415,000 after well over a year off and on the market. We may write an article comparing these two properties in the future.

Boca Winds Homes Sold 2017: $270K to $620K

Boca Winds entrance; image by Google

Over 70 homes sold in Boca Winds during 2017. Prices ranged from $270,000 in Ashley Park to $619,900 for a large 5-bedroom in Carlyle Estates. The average home sold for $410,000 and took five weeks to sell.

Boca Winds has several subdivisions of single family homes including Ashley Park, Baybury, Carlyle Estates, Hampton Park, Heritage Square, Monterey Bay, Regency Place, Waters Edge Enclave (aka Baywinds), Waters Edge Estates, and Waterways.
Boca Winds subdivision map; image and map data by Google with subdivisions added by us.

Ashley Park
22544 Sea Bass Drive sold for $337,500 in just under two weeks. Built in 1987, the house has 3 bedrooms and 2 baths. Image by Google.

Fourteen homes sold in the largest subdivision with prices from $270,000 for a bank-owned 1800 square foot 3-bedroom on Blue Fin Trail to $420,000 for the same size house with a fourth bedroom on Swordfish Drive. Two smaller homes, just under 1400 square feet, in Ashley Park were the only other homes in Boca Winds selling for under $300,000. The average price for Ashley Park was $340,000. Some 2400 square foot models tended to sell for over $350,000. Most homes sold in a month or less, but a few homes lingered on the market driving the average up close to two months.
Baybury
12490 Baywind Court sold for $435,000 in 18 days. It has four bedrooms and three baths in just under 2200 square feet. Image by Google.

Six homes sold on Aqua Court and Baywind Court with prices from $385,000 for a 2000 square foot 3 bedroom to $449,000 for a 2200 square foot 4-bedroom.
Carlyle Estates
22352 Siesta Key Drive sold for $619,900. The 5 bedroom was built in 1995. Image by Google.

Carlyle Estates had the highest average price for 2017 at $529,280 and the biggest transaction with a 4000 square foot 5-bedroom on Siesta Key Drive selling for $619,900 in just 3 days. That works out to just over $150 per square foot. The other sales in Carlyle Estates, all on Vista Lago Drive, were over $180 per square foot. All between 2400 and 2800 square feet, the 4-bedrooms sold from $480,000 to $509,000 while the 5-bedroom went for $543,000.
Hampton Park
22250 Kettle Creek Way sold for $450,000 with four bedrooms and three baths in 2250 square feet. Image by Google.

Nine homes sold in Hampton Park, all in less than three months. Only one house sold for under $400,000, an 1800 square foot 3-bedroom on Flower Drive for $335K. The other transactions went from $400,000 for a 4-bedroom with under 2200 square feet on Collington Drive up to $490,000 for a 2900 square foot 5-bedroom on Cranbrook Road.
Heritage Square
12045 Quilting Lane sold for $413,000 in under two weeks. The house has 4 bedrooms and 2 1/2 baths in 2445 square feet. Image by Google.

All but two of the nine Heritage Square homes sold in less than a month. Four homes at 2000 square feet or less sold for under $400,000 with prices from $352K to $381K. Four larger 4-bedroom homes over 2200 square feet went from $413K to $475K.

12141 Quilting Lane sold twice, with the lowest price at $330,000 in April (bankruptcy sale), and then for the highest price at $475,000 in September. From the photos there was not a lot of work done so it looks like a very successful flip for a flipper who lives in Loggers’ Run.
Monterey Bay
22151 Altona Drive sold for $412,000. The four bedroom house has 2269 square feet. Image by Google.

Ten homes sold in Monterey Bay all built between 1994 and 1996. Four models on Philmont Court at 1800 square feet and smaller sold between $315K and $383K. Six 2200 square foot 4-bedrooms sold from $406K to $435K mostly on Altona Drive.
The average price for Monterey Bay was $395,000. A 1600 square foot 3-bedroom that sold for $315K brought the average down below $400K. All of the homes sold in less than three months, most in less than five weeks.
Regency Place
22448 Middletown Drive sold for $340,000 in just 8 days on the market. It has 3 bedrooms and 2 1/2 baths in 1800 square feet. Image by Google.

Regency Place homes sold fast and cheap. Six of them sold in 2017 with five selling in 15 days or less. Five of the houses were 3-bedrooms under 2000 square feet and all of them sold for $370,000 or less, including a 1600 square footer for $300K. One somewhat larger home, a 4-bedroom with 2100 square feet, sold for $410,000.
Waters Edge Enclave
12323 Saint Simon Drive sold for $498,000; image by Google.

Three homes sold on Saint Simon Drive. The smallest at 2300 square feet sold for $425,000 after three months on the market. The largest at 3300 square feet sold in just over one month for $480,000. Both of those have four bedrooms. A 5-bedroom with 2800 square feet sold for $498,000 in three weeks.
Waters Edge Estates
All three homes that sold in Waters Edge Estates were $500K and up. 12680 Little Palm Lane was the bottom at $500K even, with 4 bedrooms and 3 1/2 baths in 3250 square feet. It sat on the market for over six months. The highest price was 22459 Tiki Drive at $546,000 for the same model. 12601 Little Palm Lane sold for $512K with 5 bedrooms in 2800 square feet.
Both Waters Edge Estates and Enclave are among the newest homes in Boca Winds, mostly built in 1998 and 1999.
Waterways
21798 Sugarberry Circle sold for $444,000 with 4 bedroom and 2 1/2 baths in 2600 square feet. Image by Google.

Last but really not least, nine homes sold in Waterways for an average of $447K, all of them $400K or higher. Two 3-bedrooms around 2150 square feet sold for $400K even. Two 5-bedrooms with 2900 square feet broke the $500K threshold selling at $510K and $523K.

Mission Bay Homes Sold 2017: $255K to $652K

2017 was a good year for Mission Bay home sale prices. Mission Bay is another large development west of US-441 with several subdivisions. It includes single family homes and two different townhome subdivisions.

Map showing Mission Bay and surroundings. Image and map data by Google.

64 single family homes and 10 townhomes sold in Mission Bay during 2017. The average single family home sold in two months for $427,000 with 2400 square feet at $177 per square foot. The average townhome sold for $284,000 in 20 days with 1600 square feet at $179 per square foot.
Mission Bay subdivisions map. Single family subdivisions are in green text; townhomes in blue. Image and map data by Google.

In this article the single family homes are covered first, and the townhouses are at the bottom. Prices are up a lot. Just a couple years ago several single family homes in Mission Bay sold for under $300,000 and the top price was $565,000. In 2017 the lowest price was $330,000 and only a few homes sold under $350K. Three homes sold over $600K including the highest at $652K.
Cordova Estates
20340 Hacienda Court sold for $652,000. Image by Google.

Single family homes on the ungated Hacienda Court had the highest prices of homes sold in Mission Bay for 2017. Five houses sold. Three of them were roughly 2600 square foot 4-bedroom houses with prices from $450,000 to $503,000. A 3300 square foot 5-bedrooms old for $630,000. 20340 Hacienda Court was the highest price at $652,000 with 3100 square feet, 5 bedrooms and 3 1/2 baths.
The average price in Cordova Estates was $547,000. Most homes sold in less than two months, but one of the smaller ones sat on the market for over seven months.
The Isle
The Isle, which is gated, is sometimes perceived as the most expensive subdivision in Mission Bay. For 2017 four homes sold with an average price of $507,000. Three of them sold in two to three months On Sausalito Drive a 3-bedroom 2 1/2 bath house with 2500 square feet sold for $450,000, and a 2700 square foot 4-bedroom sold for $488,000.
On Avenida Santa Ana a 2500 square foot 4-bedroom sold for $475,000. The highest price in The Isle was $615,000 for 10712 Avenida Santa Ana, a 2700 square foot 4-bedroom all one one floor. That house was thoroughly remodeled and has a large lot with great water views from the backyard pool area. It sold fast – only 5 days.

Ventura
Nine homes sold in Ventura on Buena Ventura Drive and Vera Cruz Lane, all priced fairly close together from $405,000 up to $457,000. Eight of the nine were between 2200 and 2600 square feet. 10406 Buena Ventura drive, at 2900 square feet with five bedrooms, sold near the bottom at $406,000.
10274 Buena Ventura Drive actually sold twice during the same year. In January the 2400 square foot 4-bedroom sold for $425,000. It sold again in late November for $457,000 after some remodeling including the addition of a full bathroom.
Houses in Ventura took a little longer to sell on average with four of the nine sitting on the market for over 100 days. The average price was $422,000 at $175 per square foot.
Sonata
The average price in Sonata was $414,000, held down a bit by an REO (bank-owned) sold $340K. Other than that one the lowest price was $355,000 for a 2000 square foot 3-bedroom. The high price was $515,000 for 20270 Monteverdi Circle, a 5-bedroom with 3000 square feet on two floors. That price is $40,000 higher than the same house sold for a year earlier. The house had some upgrades in that year.
Most of the homes sold in less than a month, but a couple of them took 3-5 months.
Regatta
The gated Regatta subdivision in Mission Bay; image by Google.

Regatta was just behind Sonata with an average price of $412,000 for 2017. At the low end was a 1700 square foot 3-bedroom selling at $350,000. Three other homes sold for under $400K, with between 2000 and 2300 square feet. 10682 Wheelhouse Circle squeezes 5 bedrooms and 3 1/2 baths into 2200 square feet. That sold for $373,000.
The seven homes in Regatta selling for over $400,000 were all larger than 2400 square feet. 20958 Avenel Run was the highest price at $470,000. It has 5 bedroom and 4 baths in 3100 square feet.
Laguna
Eleven homes sold in Laguna for an average price of $402,000 after a month and a half on the market. Four 3-bedroom houses under 2000 square feet sold for less than $400,000, while six 4-bedroom houses over 2300 square feet sold for prices over $400K.
The highest price was $460,000, with two houses each selling for that. 10548 Mendocino Lane has over 3000 square feet, while 20331 Cozumel Court notched the same price with under 2600 square feet.
La Costa
Three houses on La Salinas Circle in La Costa sold in 2017 in a fairly tight price range. A 1900 square foot 3-bedroom sold for $370K, while two 2300 square foot 4 bedrooms sold for $405K and $415K. All three sold in 10 days or less.
Harbour Springs
Rounding out the single family homes in Mission Bay is Harbour Springs. Six homes sold on Harbour Springs Circle and Baybreeze Way with prices from $360K (1900 square foot 3-bedroom) to $412K (2700 square foot 4-bedroom). Also above $400K were two 2900 square foot houses. On average they took over two months to sell, with one home taking well over a year.

Townhomes
Townhome prices are up significantly from a couple years ago. In 2015 multiple townhomes sold for under $200K, and the highest price was $286,000. The lowest price for 2017 was $255K, and the top was $315K.
Las Flores
The Las Flores townhome subdivision saw three home sales. All three were between 1600 and 1800 square feet, with prices of $276K, $281K and $315K. All three sold in less than a month.
Reflections
Seven townhouses sold in Reflections with two smaller models going for $255K. The top price of $305,000 was a 2-bedroom with nearly 1700 square feet. The average unit sold in just over three weeks.

Palmetto Pines, Boca Springs, Boca Trails and Tudor Woods Homes Sold 2017

In this report we look at the ungated single family home communities south of Palmetto Park Road, west of 441 and east of Loggers’ Run. This includes Palmetto Pines, Boca Springs, Boca Trails and Tudor Woods.
Palmetto Pines

10605 Ermine Ave sold for $315K; image by Google.

Palmetto Pines sold well in 2017. 42 homes sold in 2017 with prices averaging $310,000 and a healthy $205 per square foot. The average home sold after 40 days on the market. Typical of the middle of the range was 10605 Ermine Avenue, a 3 bedroom, 2 bath house with 1500 square feet that sold for $315,000.
At the high end 22540 Logwood Ave sold for $355K with 4 bedrooms and 2 baths in 1900 square feet. Right behind it at $350K was 4661 Bison St with 3 bedrooms and 2 baths in only 1350 square feet. That house had many upgrades and the price works out to a whopping $257/sq.ft.
The lowest price was $233K for the small 4883 Attaman St with 3 bedrooms and 2 baths in just over 1100 square feet – still over $200 per square foot.
Palmetto Pines shows up in property records as Holiday City.
Boca Trails
Nine homes sold in Boca Trails for the year, averaging $274,000 in a fairly tight range from $259K to $300K. 10249 Sleepy Brook Way was the top price with 3 bedrooms and 2 baths in 1600 square feet at $300,000. The homes sold quickly with most going in less than 10 days.
Boca Springs
Seven homes sold in Boca Springs, all in a month or less, with an average of $366K. The lowest price was 10315 Sunstream Lane at $300,000 with 3 bedrooms and 2 baths in 1750 square feet. Two homes broke the $400K mark. The 2800 square foot 5-bedroom at 11140 Sandpoint Terrace sold for $425K, while a 2200 square foot 4-bedroom at 10871 Fox Glen Drive went for $415K.
Tudor Woods
In Tudor Woods two bank-owned homes sold for under $200K, while the remaining seven transactions were between $220K and $240K. 22846 Sandalfoot Boulevard is a typical model that sold for $240K with 3 bedrooms and 2 baths in 1300 square feet. The average home took a month and a half to sell with a few selling in less than a month. The REO homes took closer to 3 months.
Tudor Woods appears in property records as Boca Heights. Most of the homes are 3 bedroom models with between 1100 and 1400 square feet.

Lexington Estates and Paraiso Homes Sold 2017

Lexington Estates on the west side of US-441 at SW 3rd; image by Google.

Lexington Estates Homes Sold 2017
Thirteen homes sold in the gated Lexington Estates in 2017 with prices ranging from $345,000 up to $489,000, with an average transaction price of $429,000.
The lowest price was for 10064 Umberland Place, a smaller 3 bedroom with 2100 square feet at $345,000. Three other mostly small models sold for between $380K and $395K.
Three larger homes sold for between $480K and $489K, with the top price going to 22311 Rushmore Place, a 4-bedroom with 2900 square feet.
On average homes sold in Lexington Estates in 2 months or less, though a couple took over six months and six of them sold in less than a month, and four of those in less than a week.
Paraiso – Allegro
Six homes sold in Paraiso (also referred to as Allegro), a small gated community of single family homes just to the south of Lexington Estates. Three homes sold for under $300K (two of them REO) with the lowest being an REO auction for 10266 Allegro Drive at $264K for a 1450 square foot 3-bedroom. It actually sold for more than the list price. Three more sold for over $300K, the highest at 22456 Overture Circle. That 4 bedroom, 2 1/2 bath home with 2000 square feet sold for $384,000.

Watergate Estates and Boca Bend 2017 Homes Sold

Watergate Estates; image by Google

There were 19 mobile home sales recorded on the MLS for the Watergate Estates mobile home park in 2017. The average price was just over $91,000, up over 25% from $72,000 in 2016. While a couple of the mobile homes sold for under $50,000, seven sold for over $100,000. Homes typically sold in less than 30 days, though a couple of exceptions took 3-4 months to sell.
The highest price was for 10671 228th Lane which sold for $144,000 with 3 bedrooms and 2 baths in 1300 square feet. Two homes sold for $125K each – 11847 Atlantic Circle newly built in 2012 with over 2000 square feet, and 22850 Cascade Road with 1700 square feet.
At the low end 22985 Seaspray Place sold for $42,500 with under 1000 square feet. The larger and older 11962 Watergate Circle sold for $46,900 with 3 bedrooms and 2 baths in 1400 square feet.
Watergate Estates mobile home park and Boca Bend townhomes; image and map data by Google

Boca Bend
Four Boca Bend townhomes sold in 2017, all quickly and in a fairly tight price range. One REO unit coming out of foreclosure sold for $146,700, while the other three sold for between $159K and $169K. Each townhome has 2 bedrooms and 2 baths in 1100 square feet. They all sold in 23 days or less

Boca Woods Homes Sold 2017

Good news for Boca Woods homeowners in 2017 with a total of 29 homes sold at an average price of $230,000, up from $216,000 last year. The number of transactions is down about 50% from last year’s 44.
At the low end seven homes sold in Boca Woods for less than $150,000, all below $70 per square foot. On the plus side seven homes sold for $300,000 or more including two for $410,000 each. While the average home sold for $94 per square foot, two of them sold for over $160 per square foot. Most were $130 per square foot or below.
10391 Boca Woods Lane sold for $410,000 with 3 bedrooms and 3 1/2 baths in 3100 square feet.
The smaller 10840 Boca Woods Lane also sold for $410K with 3 bedrooms and 2 1/2 baths in 2500 square feet.
The closest to an average transaction was 10990 Boca Woods Lane selling for $230,000 with 3 bedrooms and 2 1/2 baths in 2400 square feet.

Home Sales: Boca Falls, Boca Winds, Loggers Run, Lexington Estates, Boca Woods and More

This reports includes homes over 2000 square feet in zip code 33428, plus the northern part of Mission Bay and Loggers’ Run. We covered smaller homes in an earlier report. Zip code 33498 will be up next.
Boca Falls saw three transactions since early August.

12387 Clearfalls in Boca Falls sold for $615K in late August; image by Google.

The highest price was 12387 Clearfalls Drive in Mystic Bay at $615,000. It’s a 5 bedroom, 3 bath house on one floor. While the location is not particularly special, the house features substantial upgrades including marble floors, a pool and a whole house generator. The listing also had excellent photography.
12265 Rockledge Circle in the Mystic Cove subdivision sold for $577,500. While roughly the same  size as the above, it has four bedrooms and substantial waterfront, though no pool.
12806 Hyland Circle in Emerald Isles sold for $535K with 5 bedrooms and 3 baths in 2800 square feet on two floors with no waterfront.
Loggers’ Run
22188 Waterside Drive; image and map data by Google.

22188 Waterside Drive was the biggest transaction in zip code 33428 at $690,000 for 5 bedrooms, 2 and a half baths in 3600 square feet. The location includes waterfront and is a short distance to the middle school, Publix, and Windjammer Park.
On the north side of Glades in the gated Island Lakes, 11818 Island Lakes Lane sold for $405K with 4 beds, 2 baths and 2300 square feet.
21799 Little Bear Court in Cimarrron sold for $410K with 3 bedrooms and 2 1/2 baths in 2600 square feet.
21550 Woodchuck sold for $395K; image by Google.

21550 Woodchuck Court, also in Cimarron, sold for $395K with 4 beds and 2 baths in 2200 square feet.
21091 Woodspring Avenue in Country Landing 3 sold for $395 with 4 beds and 2 baths in just over 2000 square feet with substantial upgrades.
Two doors over, 21071 Woodspring Avenue sold for a much lower $323K with a very similar size. The listing indicates the house was a short sale that needed “TLC”.

Boca Winds
22095 Altona Drive; image by Google.

22095 Altona Drive sold for $435K with 4 beds, 3 baths and just under 2300 square feet. The house was in good shape with some upgrades and has an excellent location with a lake view backed up to the future Fran Reich Preserve.
12490 Baywind Court sold for $435K; image by Google.

Also selling for $435K was 12490 Baywind Court with 4 beds and 3 baths in 2200 square feet. Situated on a cul de sac this house has tremendous waterfront and great lake views. This is another listing with great photography including drone shots but unfortunately the interior photos showed off the need for upgrades.
Two houses sold for $400K even, both with waterfront.
12658 Maypan Drive has 3 bedrooms and 2 1/2 baths in 2100 square feet.
21943 Palm Grass Drive also had 3 beds and 2 1/2 baths with a floor plan only slightly larger.
Landlocked but on a cul de sac, 22146 Candle Court sold for $352,500 with 4 bedrooms and 2 baths in 2000 square feet.
Lexington Estates
10076 Umberland Place sold for $480K. The house has 5 bedrooms and 3 baths on 2 floors with 3200 square feet.
One of the smaller models in Lexington Estates, 22138 Cressmont Place sold for $395K with 3 beds and 2 baths in 2100 square feet.

Mission Bay
10781 Santa Laguna Drive sold for $395K with 4 beds, 3 baths and 2300 square feet. It’s on the south side of Glades in 33428.
On the north side in 33498, 20508 Sausalito Drive sold for $450K with 3 bedrooms, 2 1/2 baths and 2500 square feet.
20295 Vera Cruz Lane had 4 beds and 2 1/2 baths in 2250 square feet and sold for $432K.
10381 Buena Ventura Drive sold for $417K with 4 beds, 2 1/2 baths and 2500 square feet.
Boca Woods
There were three promising sales in Boca Woods with higher prices than we are used to seeing.
11044 Boca Woods Lane selling for an unusually high $325K with 3 bedrooms and 2 baths in 2000 square feet. Usually the golf club requirements drag prices down but this home sold well and relatively quickly in under two months.
Two others sold for $290K, each after 5 months on the market: 10935 Boca Woods Lane with 3 beds and 2 baths in 3000 square feet, and 10759 Boca Woods Lane with 3 beds and 3 baths in 2400 square feet.
It drops from there with 10718 Boca Woods Lane selling for $215K after well over a year on the market. The house has 3 beds and 2 1/2 baths in 2400 square feet.
And at the bottom, 10376 Sunset Bend Drive sold for $100K with 2 bedrooms and 2 baths in 2000 square feet.
Others:
Two homes sold on Brookville Lane in Meadow Lakes:
$370,000 – 10266 Brookville Lane, 4 bedrooms, 2 1/2 baths, 2300 sq.ft.
$359,500 – 10181 Brookville Lane, 4, 2 1/2, 2700 sq.ft.
And 23097 SW 59th Way in Sandalfoot Cove sold for $343K with 4 beds and 2 baths in 2250 square feet.