601 NE Spanish Trail, Boca Raton, FL 33432 — MLS photo

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601 NE Spanish Trail, Boca Raton, FL 33432

Active · SingleFamilyResidence

$22,500,000

601 NE Spanish Trail, Boca Raton, FL 33432

Beds
6
Baths
7
Living area
7,049 sq ft
$ / sq ft
$3,192/sq ft
Year built
2027
Lot size
14,508 sq ft
HOA fee
—
Annual tax
$87,262

About this property

A newly constructed Intracoastal estate, elevated and sited on 93± feet of no-wake Intracoastal frontage, offering commanding water views across the prestigious Fifth Avenue Estates enclave. Designed by award-winning Constructure Inc. in collaboration with Gregory Anderson Architects, this residence represents a rare convergence of architecture, scale, and premier Boca Raton waterfront positioning. A grand auto court and motor plaza framed by mature tropical landscaping sets a sophisticated arrival, leading to an open-air portico entry that establishes a seamless transition between indoor and outdoor living. The residence is designed for both formal entertaining and effortless everyday luxury, with spaces oriented to maximize water views and natural light. Outdoor living is defined by three expansive lanais, including a fully appointed summer kitchen and resort-style pool, creating multiple environments for hosting and private relaxation along the Intracoastal. Interior amenities are curated to the level of a private members' club, featuring a club room with professional bar, library, private office, and a striking two-story staircase tower. An Intracoastal loft room offers elevated water vistas, while refined service areas include a butler's pantry, two utility rooms, elevator, and a four-bay garage--delivering both function and discretion. This exceptional waterfront offering delivers timeless architecture, privacy, and global appeal, positioned among Boca Raton's most distinguished Intracoastal estates and suited for a discerning international buyer seeking enduring value and lifestyle prestige.

Property location

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601 NE Spanish Trail, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
6
Bathrooms
7
Living area
7,049 sq ft
Flooring
Carpet, Marble, Vinyl
Appliances
Built In Oven, Dryer, Dishwasher, Freezer, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air
Heating
Central
Interior features
Breakfast Area, Bathtub, Entrance Foyer, High Ceilings, Kitchen Island, Living Dining Room, Sitting Area In Primary, Split Bedrooms, Shower Only, Upper Level Primary, Walk In Closets, Elevator, Utility Room
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2027
Stories
2
Lot size
14,508 sq ft
Roof
Metal
Construction
Block, Frame, Stucco
Exterior features
Balcony, Patio
Pool
Outside Bath Access, Pool
Waterfront
Intracoastal Access, No Fixed Bridges, Ocean Access
View
Intercoastal, Pool

Parking

Garage spaces
4
Covered spaces
4
Parking features
Attached, Garage, Golf Cart Garage, Two Or More Spaces

HOA, Community & Financials

Amenities
Elevators, None, Pool
Security
Lobby Secured, Security System
Pets allowed
No
Annual tax
$87,262
Subdivision
BOCA RATON RIVIERA UNIT D
County
Palm Beach
Days on market
216
MLS listing ID
R11166363
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

-$59,952

Cap rate
2.5%
Net yield
2.5%
Cash-on-cash return
-11.4%
Gross yield
4.0%
Mortgage payment
$106,661/mo
Down payment
$5,625,000
Loan amount
$16,875,000
Annual NOI
$560,518

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