Century Village Homes Sold 2017: $30K – $270K


370 Century Village units sold in 2017* with prices ranging from $30,000 up to $270,000. The average price was just under $76,000. The average transaction took place after the unit was on the market for just over 2 months.
There is a stark difference with units in the 4-story buildings averaging close to $100K and units in the 3-floor buildings averaging $55K.
4-Story Buildings
In the 4-story buildings 10 units sold for $50K or less, mostly one-bedroom models with 750 square feet. At the upper end 7 units sold for over $200K, all 2-bedroom, 2-bath models with over 1000 square feet. The highest price was $270K for 3015 Wolverton A which is a particularly large unit with nearly 1400 square feet.
Pricing at the high end seems to be driven by location, with Ainslie, Wolverton and Yarmouth dominating the list of $150K+ deals (25 of them). Those three sections are particularly close to the clubhouse and synagogues, which allows residents to walk. At the same time some of the cheapest units in the 4-floor buildings were one-bedroom models in Ainslie D.
3-Story Buildings
In the 3-story buildings there were six units that sold for over $100K, all 2-bedroom 1 1/2 bath models with 835 square feet. 103 Brighton C was the highest at $118,000.
92 of the units in 3-stories sold for $50K or less. 28 sold for $40K or less with 26 of those being 1-bedroom models. The cheapest was 204 Brighton E at $30,700. The 1-bedroom 1-bath model has only 600 square feet.
Rentals
Century Village Boca also has a busy rental market and there were 262 rental transactions reported on the MLS. Prices ranged from a low of around $700/month for annual leases up to $2500/month for some seasonal rentals.
* This report is from December 26th. Considering the volume it is likely there will be at least a few more transactions before the end of the year.

Boca West Sued in $500M Class Action

Philip Kupperman (left), Larry Corman (center) and Jerold Glassman (right). Boca West image (bottom) by Google.

Lawyers sued Boca West Country Club and three of the club’s leaders in a $500 million federal class action lawsuit last week on behalf of Frank Calmes who owns a unit in the Hammocks at Boca West condominiums. The class action indicates it represents over 3000 people who purchased property at Boca West Country Club.
Frank Calmes

One critical element of the claim appears to be alleged mismanagement of the new Akoya development going on within the club. The lawsuit says that the defendants mishandled that agreement by not insisting on a “time is of the essence” clause, that this delayed the project by five years, and that the lost revenue caused shortfalls leading to large increases in membership costs, which then made the properties harder to sell and reduced property values by $500 million.
There are condos for sale now in Boca West for as little as $500, with 13 currently active for $10,000 or less.
The lawsuit includes other grievances charges for locker rentals with no refunds after the lockers were demolished.
We see some odd details in the lawsuit. There’s a concept in federal lawsuits called “diversity jurisdiction” and, as we read it, it fails to properly allege diversity (it doesn’t indicate any parties are out of state). That should be minor as it is likely there are property owners in Boca West who are residents of other states.
Also the claim about Akoya seems odd. If they had never reached a deal on Akoya the club still would have not received the revenue from the project. That “lost” revenue amounts to only $17 million. For both reasons we don’t see how that connects to $500 million in reduced property value.
There’s more to the story and we will likely write a follow-up in the next few days, and/or update this article. We reached out to the local attorney who filed the lawsuit, Ron Kaniuk, but he declined comment. Kaniuk is working on the case with an attorney from New York. We also reached out to defendant Larry Corman, who is an attorney, but we haven’t heard back yet.
The full complaint filed in federal court is below:
[gview file=”https://westbocanews.com/wp-content/uploads/2017/05/boca-west.pdf”]

Recent Home Sales in Boca Fontana, Colonnade, New Floresta, and Woodfield Hunt Club

Boca Fontana is a community located on Lyons Road north of Glades Road. Amenities include two pools, tennis and basketball courts and great walking paths. Students attend Olympic Heights High School.

19867 Latona Place; image by Google

We don’t often see houses west of the Turnpike in zip code 33434 selling for $400K or more. The ranch home at 19867 Latona Place sold for $400,000. It has 5 bedrooms and 3 full bathrooms in 2740 sq. feet of living space. Located on a cul de sac, it has beautiful lake views. A special feature is the in law quarters with a private kitchenette,  bathroom and front and rear entrances. The home has a kosher kitchen with stainless steel appliances, 2 dishwashers and 2 garbage disposals. There is a large formal dining room and family room. The bathrooms have been renovated. The outside area has an air conditioned patio/sunroom and a screened in pool.  Built in 1985, it was previously sold for $295,500 in 2012.
Colonnade at Glen Oaks is a community located just south of Yamato on St. Andrews. Amenities include sidewalks, bike and jogging paths, basketball and tennis courts. Students are zoned for Calusa Elementary School, Omni Middle School and Spanish River Community High School.
4350 NW 26th Avenue; image by Google

The patio home at 4350 NW 26th Avenue sold for $422,000. It has 3 bedrooms and 2 bathrooms in 2229 sq. feet of living space. Special features include high vaulted ceilings with beautiful pine wood and a large eat in kitchen that opens into the family room. There is a formal living room and dining room with a fire place. The master bathroom has been recently updated. The home is situated on a spacious lot with lush landscaping, a screened in patio and a pool. Built in 1979, it was previously purchased for $213,000 in 1997.
2669 NW 38th Street; image by Google

The traditional home at 2669 NW 38th Street sold for $530,000. It has 4 bedrooms and 2.1 bathrooms in 2311 sq. feet of living space. pool. There is a large family room with an open kitchen. The home boasts a formal dining room and sitting room with hard wood floors. The outdoor entertainment area features a screened in pool. Built in 1986, it sold for $485,000 in 2014.
New Floresta is a small community on Potomac Road between Jog Road and St. Andrews Blvd. There are sidewalks throughout the community and large lots. Students attend Omni Middle School and Spanish River Community High School.
2865 NW 29th Drive; image by Google

The Mediterranean style home at 2865 NW 29th Drive sold for $600,000. It has 4 bedrooms and 4 bathrooms in 2806 sq. feet of living space. This spacious two story home has a newly renovated kitchen with granite counter tops and wood cabinets. Two of the bathrooms have also been recently renovated. The spacious yard has a diamond bright pool. It was built in 1989 and sold for $280,000 in 1990.
Woodfield Hunt Club is a gated community located on Jog Road just south of Yamato Road. The community has two parks, 5 tennis courts and basketball courts. There is a large clubhouse as well. Non-equity memberships in Woodfield Country club are available to residents. Students attend Omni Middle School and Spanish River Community High School.
The two story home at 3880 St. James Way sold for $450,000. It has 4 bedrooms and 3 bathrooms in 2579 sq. feet of living space. pool. The updated kitchen has wood cabinets and granite counter tops. The family room has a wood burning fireplace with a coral stone surround. The home sits on an oversized lot and has a screened in pool. Built in 1983 for $250,900.
3015 Equestrian Drive; image and map data by Google

The large estate home at 3015 Equestrian Drive sold for $830,000. It has 6 bedrooms and 4.1 bathrooms in 4285 sq. feet of living space. The foyer features an oak spiral staircase and beautiful wood floors. There is a dramatic fireplace in the main living area. The formal living room has a beautiful view of the lake. The gourmet kitchen has a one of a kind acid washed granite counter top, stainless steel appliances, custom wood cabinetry and an extra large island. The outdoor entertainment area has a summer kitchen and tropical pool with long lake views. Built in 1991, it was last sold for $570,000 in 2000. The house sits on a corner lot and appears to have one driveway on each street.

Recent Home Sales in Boca West, New Floresta, Woodfield Hunt Club and Colonnade in Glen Oaks

The 33434 zip code includes real estate between 441 and St. Andrews Blvd, between Glades Road and Yamato Road. Neighborhoods in this area include Boca West Country Club, Hamptons at Boca Raton, Woodfield Hunt Club, Santa Barbara and Century Village.
Boca West is a top rated country club with four championship golf courses and 31 tennis courts. The Aquatics Center has lots of activities and a sprawling free form pool. The Sports Center has a fitness center and aerobics studio. The community has six restaurants. All homeowners must pay an initial $70,000 membership fee. Close to Town Center Mall, the Club has entrances on Glades Road, Jog Road and Yamato Road.

19787 Oakbrook Circle; image and map data by Google
19787 Oakbrook Circle; image and map data by Google

The contemporary estate home at 19787 Oakbrook Circle sold for $1.5 million. It has 5 bedrooms and 7.1 bathrooms in 7835 sq. ft of living space. This large estate is located in the exclusively gated Oakbrook Enclave of Boca West Country Club. The double lot includes a clay tennis court. The backyard has a magical zen garden with a koi pond and gazebo.  There is a resort style pool and spa overlooking the golf course.
Special features in the home include a home theater and entertainment lounge. The master bedroom boasts his and hers bathrooms and closets. The living room has a fireplace, beautiful marble floors and a unique wood ceiling. The family room has a wall of large windows that look out onto the pool deck. Upstairs is a large balcony. The kitchen has custom cabinets and a large island. Built in 1982.
New Floresta is a small community on Potomac Road between Jog Road and St. Andrews Blvd. There are sidewalks throughout the community and large lots. Students attend Omni Middle School and Spanish River Community High School.
2921 NW 26th Court; image by Google
2921 NW 26th Court; image by Google

The Mediterranean style home at 2921 NW 26th Court sold for $810,000. It has 5 bedrooms and 4 full bathrooms in 3336 sq. ft. of living space. Located on a cul de sac, the backyard  has a fenced in patio and pool overlooking the garden. There is a new kitchen with stainless steel appliances, granite counter tops and marble flooring. The kitchen has an eat in area and overlooks the family room and backyard. All the bathrooms have been renovated. The master suite features 2 large walk in closets. The roof was replaced in 2006. Built in 1985.
2601 NW 28th Terrace; image by Google
2601 NW 28th Terrace; image by Google

The colonial house at 2601 NW 28th Terrace sold for $650,000. It has 4 bedrooms and 3 full bathrooms in 3259 sq. ft. of living space. A circular drive leads to the double door entry of the home. There is a large white, open kitchen with a center island, double wall ovens and lots of cabinets. The kitchen eat-in area overlooks the patio and pool. Beautiful wood floors are in the living room and dining room. A full cabana bath on the main floor has been remodeled. Fireplaces are in the family room and the master bedroom. Built in 1982.
Woodfield Hunt Club is a gated community located on Jog Road just south of Yamato Road. The community has two parks, 5 tennis courts and basketball courts. There is a large clubhouse as well. Non-equity memberships in Woodfield Country club are available to residents. Students attend Omni Middle School and Spanish River Community High School.
The large ranch home at 3090 Canterbury Drive sold for $725,000. It has 4 bedrooms and 3.2 bathrooms in 3282 sq. ft. of living space. The master bath has been upgraded to include marble and granite as well as a jetted tub. Special features include an outdoor kitchen, large covered patio and an over-sized deck with heated pool and spa overlooking the lake and golf course. The heated pool and spa are screened in. Built in 1984.
The Tudor style home at 3715 Canterbury Way sold for $550,000. It has 5 bedrooms and 3.1 bathrooms in 3646 sq. ft. of living space. Located on a large lot, this home has lots of space and potential. There is a 3 car garage and a big circular driveway. Beautiful wood floors are throughout. The kitchen is spacious and has double wall ovens and a stainless steel refrigerator. The private yard has a pool.  Built in 1981.
Colonnade at Glen Oaks is a community located just south of Yamato on St. Andrews. Amenities include sidewalks, bike and jogging paths, basketball and tennis courts. Students are zoned for Calusa Elementary School, Omni Middle School and Spanish River Community High School.
4700 NW 27th Avenue; image by Google
4700 NW 27th Avenue; image by Google

The ranch home at 4700 NW 27th Avenue sold for $690,000. It has 5 bedrooms and 3.1 bathrooms in 2958 sq. ft. of living space. The updated kitchen including double wall ovens leads into a family room with a coral fireplace. The living and dining rooms have vaulted ceilings and french doors leading to the yard. The backyard has a large patio and pool with waterfall easily accessible to the cabana bath. There are gorgeous views of the lake from mulitple rooms of the house. Built in 1985.
4700 NW 26th Avenue; image by Google
4700 NW 26th Avenue; image by Google

The contemporary home at 4700 NW 26th Avenue sold for $675,000. It has 4 bedrooms and 4.1 bathrooms in 3367 sq. ft. of living space. The updated kitchen has wood cabinets, granite counters and newer appliances. The large kitchen, breakfast area and family room overlook the pool. The master suite has 2 walk in closets and an upgraded bathroom with private water closet. The lush landscaped lot has an in ground pool and covered patio.
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Recent Home Sales in Santa Barbara, Colonnade and Woodfield Hunt Club

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Colonnade at Glen Oaks is a community located just south of Yamato on St. Andrews. Amenities include sidewalks, bike and jogging paths, basketball and tennis courts. Students are zoned for Calusa Elementary School, Omni Middle School and Spanish River Community High School.

4405 NW 28th Avenue; image by Google
4405 NW 28th Avenue; image by Google

The ranch home on a large corner lot at 4405 NW 28th Avenue sold for $685,000. It has 5 bedrooms and 3.1 bathrooms in 3043 sq. ft. of living space. The home has tall ceilings and there is marble flooring throughout. The kitchen has quartz counter tops, custom cabinets and high end appliances. The master bath was remodeled. The roof was replaced in 2005 and their is a new impact front door. The salt water pool has a separate cabana bath. Built in 1984 for $58,900, it was last purchased for $560,000 in 2014.
2660 NW 48th Street; image by Google
2660 NW 48th Street; image by Google

The one story home at 2660 NW 48th Street sold for $590,500. It has 4 bedrooms and 3 bathrooms in 2856 sq. ft. of living space. This move in ready home, located on the lake, has an upgraded kitchen with a built in desk and snack bar. There is new carpet in the bedrooms and access to the patio from the master suite. The large screened in pool and patio ares has lake views and an outdoor kitchen. Built in 1986, it was sold for $511,300 in 2015.
Santa Barbara is a gated community with a clubhouse, a newly refurbished fitness room, tennis courts and resort style pool and spa. It is located close to the Town Center Mall between St. Andrews and Jog Road just north of Glades Road. Public school students mostly attend Omni Middle School and Spanish River Community High School. The houses in the neighborhood are tightly packed together with zero lot lines.
The Mediterranean style home at 2540 NW 24th Street sold for $650,000. It has 4 bedrooms and 3.1 bathrooms in 2688 sq. ft. of living space. The gourmet kitchen includes stainless steel appliances, custom cabinets, granite counter tops and a built-in wine cooler. The kitchen opens to a large family room overlooking the pool. The master bedroom suite, with a renovated bath, overlooks the lake. The tropical courtyard has a private guest house with full cabana bath. Previous transactions took place in 2005 for $682,500, and 2001 for $432,000. The house was built in 1994.
The contemporary patio home at 6215 NW 24th Street sold for $510,000. It has 3 bedrooms and 3 bathrooms in 1952 sq. ft. of living space. This recently renovated home has a spacious floor plan and updated kitchen with marble counter tops. The private backyard has a large screened patio and fountain. The roof is only 5 years old and the home has been freshly painted. Built in 1992, it was sold for $290,000 in 2000.
Woodfield Hunt Club is a gated community located on Jog Road just south of Yamato Road. The community has two parks, 5 tennis courts and basketball courts. There is a large clubhouse as well. Non-equity memberships in Woodfield Country club are available to residents. Students attend Omni Middle School and Spanish River Community High School.
The home at 4441 Woodfield Boulevard sold for $700,000. It has 5 bedrooms and 4 full bathrooms in 4390 sq. ft. of living space. Located on a 1/2 acre lot, this spacious, open home is a ranch. The kitchen boasts a double wall oven and lots of counter space. The spa-like master bath has been renovated. There is a fire place and formal living and dining rooms. French doors lead to a large covered patio and pool. Last purchased in 1995 for $450,000, it was built in 1986.
3740 Canterbury Court; image and map data by Google
3740 Canterbury Court; image and map data by Google

The estate home at 3740 Canterbury Court (aka Canterbury Drive) sold for $1.185 million. It has 5 bedrooms and 4.1 bathrooms in 5,035 sq. ft. of living space. Located on a quiet cul de sac, this waterfront property has lush landscaping and a private spa-like pool. There is also a summer kitchen with built-in grill. The large gourmet kitchen has quartz counter tops, an extra long island and a marble back splash. The master bedroom on the ground floor overlooks the pool and lake and has a private enclosed lanai garden. Other special features include custom designed iron railings, a wood burning fireplace and authentic Mexican tiles and hardwood floors. Built in 1982, it was last sold for $950,000 in 2003.
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