Cays Realty
775 W Park Dr Drive W, Boca Raton, FL 33432 — MLS photo

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775 W Park Dr Drive W, Boca Raton, FL 33432

Active · SingleFamilyResidence

$5,295,000

775 W Park Dr Drive W, Boca Raton, FL 33432

Beds
4
Baths
5
Living area
4,017 sq ft
$ / sq ft
$1,318/sq ft
Year built
2022
Lot size
6,891 sq ft
HOA fee
—
Annual tax
$55,960

About this property

Located in the coveted area of Port La Mar in East Boca Raton, this modern coastal contemporary home is a true masterpiece. This elevated newly built residence offers the highest quality finishes paired with a very well thought out open floor plan. This turnkey home features 4 bedrooms, 4.5 baths, a separate first floor office and a large loft on the second floor. The impeccably designed interior and lush landscaping create the perfect backdrop for living and entertaining in an extremely private setting. This open-concept layout is enhanced by stunning 6 x 3 Italian porcelain tile throughout the home and outdoor areas. The Chef's kitchen features Italkraft cabinetry, quartz countertops, and Subzero, Dacor and Wolfe appliances.

Property location

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775 W Park Dr Drive W, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
4
Bathrooms
5
Living area
4,017 sq ft
Flooring
Tile
Appliances
Some Gas Appliances, Built In Oven, Dryer, Dishwasher, Freezer, Gas Range, Ice Maker, Microwave, Refrigerator, Water Softener Owned, Self Cleaning Oven, Water Softener, Wine Cooler, Water Purifier, Washer
Cooling
Central Air
Heating
Central
Interior features
Wet Bar, Built In Features, Closet Cabinetry, Entrance Foyer, High Ceilings, Kitchen Island, Upper Level Primary, Vaulted Ceilings, Walk In Closets, Elevator

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2022
Stories
2
Lot size
6,891 sq ft
Architectural style
Two Story
Roof
Concrete, Tile
Construction
CBSConcrete Block Structure, Block, Pre Cast Concrete, Stucco
Exterior features
Balcony, Outdoor Shower, Patio
Pool
Gunite, Heated, Pool, Pool Spa Combo
Spa
Gunite, Heated, In Ground, Hot Tub

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Garage, Two Or More Spaces

HOA, Community & Financials

Fee inclusions
Security
Amenities
Elevators, Pool, Security
Security
Closed Circuit Cameras, Lobby Secured, Security System Owned, Security System, Smoke Detectors, Security Guard
Pets allowed
No
Annual tax
$55,960
Subdivision
BOCA RATONE POR LA MAR
County
Palm Beach
Days on market
161
MLS listing ID
B26028215
Listing status
Active

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

Estimated monthly cash flow

-$13,240

Cap rate
2.7%
Net yield
2.7%
Cash-on-cash return
-10.7%
Gross yield
4.9%
Mortgage payment
$25,101/mo
Down payment
$1,323,750
Loan amount
$3,971,250
Annual NOI
$142,329

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