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$19,950,000

Beds
5
Baths
7.5
sq ft
11,612

1207 Spanish River Rd, Boca Raton, FL 33432

1207 Spanish River Rd

Boca Raton, FL 33432

  • 161 days on market
    • Price drop $2,550,000↓
Ideally situated just blocks from the beach in Boca Raton's prestigious Estates Section, this newly remastered intracoastal estate marries California chic with classic Spanish design. Artfully crafted in 2003 by Dan Swanson of Addison Development in Palm Beach, this bespoke two-story residence has just been reimagined and transformed into a new modern Spanish Villa, capturing the essence of California coastal estates in Montecito. Inside the residence, walls were altered to create a chic, clean feel with dreamy white walls, crossbeam ceiling, modern fireplaces, studio can lighting, wide plank bleached oak floors, and a more sculptural front staircase. All to further streamline the fresh open plan, and amplify the wide gentled arches that are the focal point of this architectural design.

Details

Property type

Single Family Residence

Est. home value

$10,971,388

Lot size

Unknown

Price per sq ft

$1,719

Year built

2003

Annual property taxes

$165,149

Price History

06/27/2024
Beaches

Beaches #R10977755

Price change
$19,950,000
-11.33%
04/12/2024
Beaches

Beaches #R10977755

Listed
$22,500,000
+114.29%
03/29/2023
Beaches

Beaches #R10783103

Sold
$10,500,000
+59.09%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ubs Bank Usa

Loan start date

March 2023

Original loan amount

$7,350,000

Est. remaining balance

Not provided

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Castillo De Boca Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/19/2024 at 8:00 PM

Listing updated: 09/12/2024 at 3:50 PM

Listed by: Gerry Liguori, Premier Estate Properties Inc Phone #: (561) 394-7700

MLS: Beaches #R10977755

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