12059 Rockwell Way, $410,000 for 3 bedrooms in 1800 square feet
12841 Smithdale, a 1600 square foot 3-bedroom for $400,000
Also the highest price in Ashley Park was $412,500 for 22554 Blue Marlin Drive with 4 bedrooms and 2400 square feet.
Ten homes sold under 400,000 with the lowest price at $370,000.
The highest price in dollars per square foot goes to 22720 Pickerel in Ashley Park, a 3-bedroom with under 1400 square feet that sold for $379,000. That works out to over $270/square foot. The overall average for Boca Winds in the first half of the year was $206 per square foot. There were no bank-owned home sales and no short sales.
The other nine below $400,000 were:
12317 Cabot, 2100 square feet, 4 bedrooms for $399,000
22520 Middletown, 3 bedrooms in 1800 sq.ft. for $389,000
22064 Altona – 3 bedrooms, 1800 sq.ft., $389,000
22682 Pickerel – $388,000 for 4 bedrooms in 1700 square feet
Fifty-four homes sold in Boca Winds in 2019 and prices are up significantly. The high price was an outlier, $650,000 for 12698 Little Palm Lane, a cul de sac home with a great lake view on arguably the nicest street in the development.
Only two other homes sold for more than $540,000 – 127217 Maypan for $578,000 and 12689 Tucano Circle for $570,000.
Boca Winds is a non-gated community of single family homes at the quiet west end of Palmetto Park Road. It is zoned for highly rated schools: Waters Edge Elementary, Loggers’ Run Middle and West Boca High.
Overall the median sale price in Boca Winds was $433,500, up from $405,500 in 2018. Ten homes sold for prices of $499,000 and up compared to only five in 2018. At the low end seventeen sold in 2019 for $400,000 or less. Last year twenty-six homes sold under $400,000.
As of January 1 there are nine homes listed for sale in Boca Winds with two listed just under $400,000. The highest price, at 12358 Saint Simon Drive, was just listed for $598,000. Only one other home is listed over $500,000, 22268 Collington at $519,000.
With such low inventory, this is a great time to sell.
Nine listings are currently in pending, backup or contingent status with list prices from $367,000 up to $485,000, plus a short sale listed at $320,000.
Seventeen listings expired or canceled in 2019, an improvement from twenty-one in 2018.
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 firstname.lastname@example.org.
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.
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 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.
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.
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 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.
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 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 Winds saw 26 home sales in the first half of 2018, with 9 of those in Ashley Park and 7 in Waterways. The community continues to have a low inventory with only 10 homes on the market. There is only one home listed in Ashley Park.
Low inventory often leads to higher prices as demand outstrips supply. Boca Winds certainly saw some good prices with 22257 Vista Lago Drive getting the highest by far at $680,000.
With 6 bedrooms in over 3500 square feet, the house has gorgeous lake views and significant upgrades. It was the only transaction in Carlyle Estates.
Four homes sold in the 500s with the 3600-square-foot 12672 Tucano Circle in Waterways going for $590,000. Our favorite spot in Boca Winds is Waters Edge Estates where 12613 Little Palm Lane sold for just over $550,000.
Ten homes sold in the 400s. 12641 Maypan Drive in Waterways sold for $490,000 with 5 bedrooms in 2900 square feet, while Ashley Park’s 22559 Grouper Court was purchased at $415,000. The high price in Ashley Park was 22480 Swordfish Drive at $425,000 with over 2200 square feet, a water view and even a little dock.
Nine homes sold in the 300s, most of them in Ashley Park with a couple in Regency Place. And two homes in Ashley Park went for under $300K. 22412 Sea Bass Drive took the low number at $280,000. I actually went to this for an open house. It felt even smaller than the 1300 square feet the listing reports, and the interior looks like it was never updated in 30 years.
The biggest buyer’s bargain was 12931 Elmford Lane in Regency Place, which has 1900 square feet and sold for $365,000. The house is on a cul de sac lot and has a short walk to the Hillsboro Canal and nature hikers might appreciate the easy access to the Fran Reich Preserve.
There’s a bit more inventory for buyers in Boca Falls with 11 homes currently listed, though four of the subdivisions have no listings at all.
22 houses sold in Boca Falls in the first half of 2018. Prices ranged from a low of $450,000 for a small 4-bedroom in the Cascades subdivision up to $735,000 for a 3800 square foot 5-bedroom in The Estates. Of the 22 sales, 6 were priced over $600,000 with the highest prices in The Estates ($735K and $660K for the same 3800 square foot model) and Crystal Pointe ($650K each).
Twelve sales were priced in the 500s from $505,000 to $585,900. Five houses sold under $500,000 including two bank-owned foreclosures. Other than a couple of problem listings, everything sold under $550,000 was small, generally under 2800 square feet.
Six homes sold in Crystal Pointe while there was only one each in The Estates, Cascades, and Emerald Pointe, and no sales in Victoria Falls.
The seller horror story was 12700 Yardley Drive in Emerald Pointe. The house was originally listed for $619,000 in April of 2017 by a discount broker. After a price reduction to $599,000 and 6 months on the market the listing expired. The seller listed again with the same real estate agent for another four months, lowering the price a few times until the listing expired again in February. With dogged determination the seller doggedly stuck with the same agent for another listing and another series of price reductions until they got down to $529,900 and it sold 6 days later for $519,000.
The sale price is well below what we see for similar houses. With over 3300 square feet the closing price works out to just over $150 per square foot. It’s a large house with updates throughout including marble in the bathrooms, wood floors, a media room, custom kitchen and more. We see a couple similar size homes in Boca Falls with fewer upgrades that sold quicker and for much better prices.
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.
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
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
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
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
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. This just shows how profitable house flipping can be for those who do it well – and with companies like We buy houses Indianapolis, it’s easier than ever to make a quick sale on a house! Monterey Bay
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
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
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
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.