1201 Marble Way, Boca Raton, FL 33432 — MLS photo

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1201 Marble Way, Boca Raton, FL 33432

Active · SingleFamilyResidence

$21,000,000

1201 Marble Way, Boca Raton, FL 33432

Beds
12
Baths
11
Living area
12,709 sq ft
$ / sq ft
$1,652/sq ft
Year built
2016
Lot size
22,882 sq ft
HOA fee
—
Annual tax
$155,805

About this property

PRIME LOCATION! Exceptional DEEPWATER, Xtra Large 256 FT. Point Lot, Intracoastal Estate on a Barrier Island, Quiet Cul-De-Sac Street. Unlimited Dockage, No Wake Zone make this a BOATER'S DREAM! Truly a remarkable waterfront land opportunity. Immersive design encompasses 12 bedrooms, 10+bathrooms, 6 fireplaces, 3 resort style heated pools, summer kitchen and bar, plus a detached guest suite, all surrounded by lush vegetation, adds to the charm and value of this home, capturing the energy, making it an absolute standout. Spectacular French inspired kitchen, walk-in refrigerator and freezer along with an exquisite dining area, allowing you to entertain at ease. Commercial grade, natural gas, electric generator. Only a short walk to Golf and Beaches.*Motivated, SERIOUS OFFERS WELCOME... A large European influenced master suite with sauna, jacuzzi, a crystal bed and radiant floors, includes spacious balconies with unparalleled, picturesque views. This truly unique and fun property, includes a 3rd floor Observation Deck with spectacular views of the Intracoastal and Ocean... An INVESTMENT OPPORTUNITY, this property offers an extraordinary world-class lifestyle ...so much upside and potential!

Property location

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1201 Marble Way, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
12
Bathrooms
11
Living area
12,709 sq ft
Flooring
Other
Appliances
Some Gas Appliances, Dryer, Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator, Washer
Cooling
Electric, Zoned
Heating
Electric, Zoned
Interior features
Wet Bar, Built In Features, Breakfast Area, Dining Area, Separate Formal Dining Room, Entrance Foyer, Eat In Kitchen, High Ceilings, Jetted Tub, Kitchen Dining Combo, Sitting Area In Primary, Split Bedrooms, Upper Level Primary, Bar, Walk In Closets, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2016
Stories
2
Lot size
22,882 sq ft
Roof
Metal
Construction
CBSConcrete Block Structure, Block
Exterior features
Outdoor Grill, Outdoor Shower, Patio
Pool
Heated, Pool
Spa
In Ground
Waterfront
Intracoastal Access, Ocean Access, Point Lot
View
Intercoastal

Parking

Garage spaces
4
Covered spaces
4
Parking features
Attached, Circular Driveway, Garage, Two Or More Spaces

HOA, Community & Financials

Association fee
$0
Amenities
Boat Dock, Pool
Security
Closed Circuit Cameras, Lobby Secured, Security System
Pets allowed
No
Annual tax
$155,805
Subdivision
SUN AND SURF
County
Palm Beach
Days on market
340
MLS listing ID
R11139041
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$52,221

Cap rate
2.7%
Net yield
2.7%
Cash-on-cash return
-10.7%
Gross yield
4.6%
Mortgage payment
$99,551/mo
Down payment
$5,250,000
Loan amount
$15,750,000
Annual NOI
$567,956

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