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.

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
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.

Author: Warren Redlich

Warren Redlich is a real estate agent and an attorney. He focuses on selling homes in West Boca Raton. Call or text Warren at 561-536-3645. Warren is also a tech YouTuber covering Tesla, SpaceX and more. His YouTube channel is https://www.youtube.com/c/WarrenRedlich/ and he sells Elon Musk related t-shirts and other merchadise at https://ElonBits.com. Warren also publishes videos about politics at https://warrenredlich.locals.com/