David AbernathyPalm Beach County market intelligence

Waterfront Homes / Boca Raton Mainland – West of ICW / Parcel map

Historical MLS sale · MLS R10713336

250 NE 5th Avenue, Boca Raton, FL 33432

Sold 11/19/21 for $22,000,000 · $2,088 per living sq ft

Source: BeachesMLS · MLS reporting cutoff 11/03/26

MLS #
R10713336
Status
Closed — historical sale
Sale date
11/19/21
Sold price
$22,000,000
Price per living sq ft
$2,088
Original asking price
$26,500,000
Final asking price
$22,500,000
Sold price as a share of final asking
97.8%
Listed
05/04/21
Under contract
11/05/21
Days from listing to contract
185 days
Property type
Single Family Residence
Bedrooms
7
Bathrooms
9
Living area
10,538 sq ft
Year built
2008
Zone and subdivision
Boca Raton Wide Waterfront · Kinney & Gates
Waterfront
Intracoastal
Parcel ID
06434720250010080
Listing brokerage
Coldwell Banker/BR
Listing brokerage email
joseph.santini@floridamoves.com
Listing brokerage MLS ID
606092

How this sale compared

$2,088 per living sq ft · 185 days to contract · sold for $22,000,000

How this sale compared with several groups of Boca Raton Mainland – West of ICW sales during the two years before it closed (11/19/19 to 11/19/21). Each row looks at one characteristic; these are not adjusted comparable valuations.

Above the median price per square foot in 1 of 2 groups shown, and under contract more slowly than both groups shown.

These comparisons don't explain why; condition, improvements and other differences need a closer look.

Compared withMedian price per sq ftMedian days to contractSale-price rank
Whole communityBoca Raton Mainland – West of ICW32 other sales · 176 properties$798based on 32 other sales107 daysbased on 32 other salesHighest of 33
StreetNE 5Th Avenue1 other sale · 16 properties$4,378Based on one other sale0 daysBased on one other saleHighest of 2

Groups follow the county property appraiser's records. Each median leaves out this sale and appears once the other sales reach 1% of the group's properties. A comparison describes the market at the time; it is not a valuation. Boca Raton Mainland – West of ICW market report · How these are compared

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Other sales of this property

Sale dateSold priceMLS #
01/03/19$16,500,000R10477401
06/11/12$9,750,000R3229744

These details describe this listing at the time of sale. Features, condition, ownership and subdivision labels may have changed since. This is a recorded closed MLS sale for this parcel in the saved dataset, which may not include every transaction.