Cays Realty
700 Osprey Point Cir, Boca Raton, FL 33431 — MLS photo

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700 Osprey Point Cir, Boca Raton, FL 33431

Active · SingleFamilyResidence

$22,990,000

700 Osprey Point Cir, Boca Raton, FL 33431

Beds
7
Baths
11
Living area
11,395 sq ft
$ / sq ft
$2,018/sq ft
Year built
2013
Lot size
29,133 sq ft
HOA fee
$6,162 Quarterly
Annual tax
$283,325

About this property

Offering nearly 16,000 sq ft of elevated indoor/outdoor living space, this masterpiece spans approx 12,000 sq ft in the main house with 7 bedrooms and 11 bathrooms, 240 ft of Intracoastal frontage with a private dock, 33,000-lb boat lift, dual jet ski floats, built-in pressure wash system plus a resort-style pool resurfaced in 2024. Features include a newly upgraded smart home system, elevator, sauna, central vacuum system, tankless gas water heater, newly improved water filtration system, executive office, panic room, hurricane-rated doors, windows, and patio screens, plus a fishing room with commercial freezer, 2 laundry rooms, and a 7-car garage. Located just minutes from premier schools, dining, and recreation, this estate embodies the pinnacle of South Florida’s Riviera lifestyle.

Property location

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700 Osprey Point Cir, Boca Raton, FL 33431

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Facts & features

Interior

Bedrooms
7
Bathrooms
11
Living area
11,395 sq ft
Flooring
Hardwood, Marble, Terrazzo, Tile, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Wet Bar, Built In Features, Bedroom On Main Level, Closet Cabinetry, Dining Area, Separate Formal Dining Room, First Floor Entry, Fireplace, High Ceilings, Kitchen Island, Kitchen Dining Combo, Living Dining Room, Pantry, Upper Level Primary, Vaulted Ceilings, Bar, Walk In Closets, Attic, Bay Window, Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2013
Lot size
29,133 sq ft
Architectural style
Two Story, Spanish Mediterranean
Roof
Barrel
Construction
CBSConcrete Block Structure, Block
Exterior features
Awnings, Barbecue, Fence, Security High Impact Doors, Lighting, Outdoor Grill, Shutters Electric
Pool
In Ground, Pool
Waterfront
Canal Front
View
Canal

Parking

Garage spaces
7
Covered spaces
7
Parking features
Attached Carport, Attached, Circular Driveway, Garage, On Street, Garage Door Opener

HOA, Community & Financials

Association fee
$6,162 Quarterly
Fee inclusions
Common Area Maintenance, Security
Security
Fire Sprinkler System, Gated Community, Security Guard
Annual tax
$283,325
Subdivision
SANCTUARY
County
Palm Beach
Days on market
349
MLS listing ID
A11874692
Listing status
Active

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Estimated monthly cash flow

-$72,699

Cap rate
1.9%
Net yield
1.9%
Cash-on-cash return
-13.6%
Gross yield
4.4%
Mortgage payment
$108,984/mo
Down payment
$5,747,500
Loan amount
$17,242,500
Annual NOI
$435,424

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.