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.
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.
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.
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 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.
Home prices in Avalon and Palma Vista Estates are up in 2016, at least at the low end. Both are smaller gated communities with prices generally ranging from $500K to $700K. Avalon is on the north side of Palmetto Park Road east of 441 and the Lowe’s plaza. Palma Vista is on the east side of 441 just north of West Boca Medical Center. They’re different neighborhoods but their numbers are similar.
There aren’t enough transactions to make strong conclusions. Avalon had 19 transactions over the past three years. Palma Vista had only 15. But with that said it looks like the low end has risen and the average price in 2016 rose to $619,000, up from below $600K the previous two years. The lowest price in Avalon for 2016 was $520K and the other 6 transactions were all over $600K. Palma Vista only had 3 transactions last year with the lowest at $575K. In the previous two years Avalon had 8 deals under $600K and Palma Vista had 5 transactions under $500K.
Both neighborhoods are zoned for Sandpiper Shores Elementary, Eagles Landing Middle, and Olympic Heights High School.
Homes are taking about three months to sell in both communities. If you’re thinking about buying or selling real estate in West Boca, call Warren at 888-733-5299 (or e-mail email@example.com).
Zip code 33428 is located west of Lyons Road and south of Glades Road. Neighborhoods include Mission Bay, Boca Falls, Boca Winds, Loggers’ Run, and Avalon. The area is known for great schools and low crime.
Boca Falls is a gated community with manned entrances west of 441 between Glades Road and Palmetto Park Road. The community has a new exercise room and other recent upgrades.
The Mediterranean style estate home at 21307 Rockledge Lane sold for $965,000. It has 6 bedrooms and 7.1 bathrooms in 6884 sq. feet of living space. The home also boasts a 4 car garage. The home underwent a complete renovation in 2010. Special features include soaring ceilings, floor to ceiling fireplace, a grand staircase and hardwood floors. The gourmet kitchen has top of the line appliances, custom cabinets and massive island. The lavish master suite has a morning bar, dressing area and huge bathroom. In addition, there is a movie theater, gym and game room. The backyard overlooks the lake and has a resort style pool and spa. Built in 1998, it was previously sold in 2008 for $960,000.
The large ranch home at 21681 Fall River Drive sold for $696,000. It has 4 bedrooms and 3.1 bathrooms in 3488 sq. feet of living space. Completely remodeled in 2015, it has a new kitchen and new bathrooms. The kitchen has 42″ cabinets, a large island and granite counters. The master bath has custom double vanities and a frameless shower. The den has a built in bookcase. There are travertine floors and wood floors in the bedrooms. The back overlooks the lake and has a pool and putting green. Built in 1996, it sold for $566,151 in 2015. The home at 21461 Halstead Drive sold for $508,000. It has 5 bedrooms and 3 full bathrooms in 3388 sq. feet of living space. The San Francisco model has one bedroom and the master suite on the ground floor. New tile floors have been installed throughout the living areas and kitchen. The covered patio has a screened in pool. The home also has a 3 car garage. The home was built in 1997 for $299,800. Parkview (Avalon) Estates is a gated community just east of 441 on Palmetto Park Road, behind Lowe’s. Students attend Sandpiper Shores Elementary, Eagles Landing Middle School and Olympic Heights Community High School. The home at 9605 Parkview Avenue sold for $665,000. It has 5 bedrooms and 4 full bathrooms in 3369 sq. feet of living space. This 2 story home has a ground floor master suite with bamboo floors and a completely remodeled bathroom and bath. The new kitchen has granite counter tops, a extra large peninsula and stainless steel appliances. A special feature is a gourmet full summer kitchen under a custom covered patio. French doors lead out to the heated salt water pool which has a new control panel and is surrounded by travertine pavers. Built in 1998, it was originally purchased for $367,000 and sold in 2013 for $615,000. The custom home at 9725 Parkview sold for $580,000. It has 5 bedrooms and 4 full bathrooms in 3369 sq. feet of living space. The dramatic entry has custom wood moldings. There is a spacious open kitchen with a cozy breakfast nook. The master suite and guest room with cabana bathroom are on the first floor. The fenced in yard has a pool and lovely garden. The home was built in 1998 for $342, 500. Boca Winds is a large community west of 441 on Palmetto Park Road. Community amenities include a clubhouse, basketball and tennis courts, a pool and sidewalks. Students attend Waters Edge Elementary School, Loggers’ Run Middle School and West Boca Raton High School.
The beautiful two story home at 12613 Little Palm Lane sold for $510,000. It has 4 bedrooms and 3.1 bathrooms in 3252 sq. feet of living space. The spacious master bedroom suite has a large master bathroom and is located on the first floor. The home boasts a loft on the 2nd floor for entertaining. The gourmet kitchen has upgraded cabinets, granite counters, new appliances and under counter lighting. The backyard has a screened in pool with a great view of the lake. Built in 1998, it was last purchased in 2012 for $425,000. The Loggers’ Run development consists of fifteen subdivisions. Most of the subdivisions are not gated. The development features a common swimming pool, tennis courts and a playground. There are also jogging and biking trails. Students go to Sandpiper Shores Elementary School, Loggers’ Run Community Middle School and West Boca Raton High School.
The ranch home at 22070 Woodset Way in the Tamarron subdivision sold for $610,000. It has 5 bedroom and 4 full bathrooms in 3819 sq. feet of living space. This spacious home is located on a quiet cul-de-sac. A special feature is the sunken marble floor living room with a coral rock fireplace. Wood flooring is located in the main living areas. The master bathroom has a jetted jacuzzi tub and separate shower. A large covered patio with a built-in grill overlooks the private backyard with a heated swimming pool. Built in 1982 for $245,900, it was last purchased in 2009 for $737,500.
Zip code 33428 is located west of Lyons Road, south of Glades Road, and north of Loxahatchee Road and the county line. Many neighborhoods can be found here including Mission Bay, Boca Falls, Boca Winds, Loggers’ Run, Avalon, Vineyards, Boca Woods, Boca Lago, and Boca Dunes. The area is close to shopping and the South County Regional Park. Avalon Estates is a gated community just east of 441 on Palmetto Park Road. Amenities include a clubhouse, basketball courts, playground and sidewalks. Students attend Sandpiper Shores Elementary, Eagles Landing Middle School and Olympic Heights Community High School. The beautiful home at 9748 Parkview Avenue sold for $590,000. It has 5 bedrooms and 4 full bathrooms in 3369 sq. feet of living space. This spacious home has a master bedroom on the ground floor, netural colors and high ceilings. The kitchen boasts granite counter tops and wood cabinets. There is a 3 car garage. French doors lead out to the backyard which features lake views and an in ground pool. Built in 1998, it was last purchased in 2014 for $517,800. Boca Falls is a gated community with manned entrances west of 441 between Glades Road and Palmetto Park Road. The community has a clubhouse with a new exercise room, a full-size basketball courts and several tennis courts. There is also a large resort-style pool and kiddie pool as well as a covered playground. There are amazing sidewalks and biking paths and a private entry for the elementary school. Students attend Waters Edge Elementary School, Loggers’ Run Middle School and West Boca Raton High School.
The two story home at 21764 Westmont Court sold for $520,000. It has 5 bedrooms and 3 full bathrooms in 3254 sq. feet of living space. There is an open floor plan with large windows and two sliding doors overlooking the backyard. The master bedroom and an additional bedroom are on the first floor. Located on a corner lot, there is an in ground pool and a 3 car garage. It was originally purchased in 1996 for $255,100. 12372 Cascades Pointe Drive sold for $450,000. It has 4 bedrooms and 3 full bathrooms in 2350 sq. feet of living space. 12385 Cascades Pointe Drive sold for $425,000. It has 4 bedrooms and 3 full bathrooms in 2350 sq. feet of living space. 12353 Antille Drive sold for $414,900. It has 4 bedrooms and 2.1 bathrooms in 2756 sq. feet of living space. The Loggers’ Run development consists of fifteen subdivisions. Most of the subdivisions are not gated. The development features a common swimming pool, tennis courts and a playground. There are also jogging and biking trails. Students go to Sandpiper Shores Elementary School, Loggers’ Run Community Middle School and West Boca Raton High School.
This Mediterranean style home at 11556 Kensington Court sold for $578,750. It has 4 bedrooms and 4.1 bathrooms in 3219 sq. feet of living space. There is a split bedroom floor plan, tile throughout and french doors leading to the back. The upgraded kitchen has an island, granite counter tops, custom maple cabinets and a double wall oven. The brick paver patio leads to a guesthouse with a private bath and a pool. Built in 1999, it is located in the gatedCrystal Cove Estates subdivision. Unfortunately, the owner purchased the home in 2007 for $740,000, resulting in a loss. The new owners may not be happy that a large assisted living facility is about to be built in their backyard. Lexington Estates is a gated community located on Palmetto Park Road, west of 441. Amenities include basketball and tennis courts as well as a community pool and picnic area. Students attend Coral Sunset Elementary School, Loggers Run Middle School and West Boca Community High School. The lovely home at 10283 Lexington Estate Boulevard sold for $440,000. It has 4 bedrooms and 2.1 bathrooms in 2933 sq. feet of living space. This move-in ready home has soaring ceilings and an open floor plan. The kitchen has been recently remodeled and includes an island, granite counter tops and stainless steel appliances. The master bedroom is on the first floor and has views of the lake. Built in 1994, it was previously sold for $379,000 in 2004. 10135 Umberland Place sold for $438,000. It has 4 bedrooms and 2.1 bathrooms in 2276 sq. feet of living space. Other neighborhoods:
22220 Cranbrook Road in Boca Winds sold for $405,000. It has 4 bedrooms and 2.1 bathrooms in 2325 sq. feet of living space. 11105 Whispering Pines Lane in Tamarron sold for $485,000> it has 4 bedrooms and 2.1 bathrooms in 2600 sq. feet of living space.