tomo logo

$22,500,000

Beds
6
Baths
9.0
sq ft
9,345

601 NE Spanish Trl, Boca Raton, FL 33432

601 NE Spanish Trl

Boca Raton, FL 33432

  • <1 day on market
New Gated Organic Modern Intracoastal Estate sited on 93 +/- of ''no wake'' Intracoastal overlooking the mega-mansions of Fifth Avenue estates by award-winning Affiniti Architects and high styled Miami-based Farache Brumberg Design Studio. An expansive auto plaza greets guests to a modern three level oasis of draped foliage, open air portico entry, glass encased window walls and exotic coquina clad signature walls to create the ultimate waterfront estate residence in Boca Raton. Outdoor entertaining is enjoyed at the expansive Lanai with summer kitchen and spellbinding infinity edge pool. A short stroll to the Boca beaches, Downton restaurant/shopping row and Mizner Park. Shown by Appt only to fully vetted buyers.

Details

Property type

Single Family Residence

Est. home value

$9,322,183

Property condition

New Construction

Lot size

0.33 acres

Price per sq ft

$2,408

Year built

2026

Annual property taxes

$112,635

HOA

Yes

Price History

01/30/2025
Beaches

Beaches #R11057433

Listed
$22,500,000
+151.4%
05/14/2024
Beaches

Beaches #R10951346

Removed
$8,950,000
05/01/2024
Beaches

Beaches #R10951346

Price change
$8,950,000
-12.68%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

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

Seller could get up to

$19,263,751
Asking price
$22,500,000
Closing costs (~8% of asking)
-$1,800,000
Est. remaining loan balance
-$1,436,249
Cash to seller
$19,263,751

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

February 2013

Original loan amount

$2,000,000

Est. remaining balance

$1,436,249

Interest rate

3.4%

Loan type

New Conventional, 30 year

Seller

Robert Whittel and Naomi L Balcombe

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: 01/30/2025 at 11:50 PM

Listing updated: 01/30/2025 at 5:55 PM

Listed by: Carmen D'Angelo, Premier Estate Properties Inc Phone #: (561) 394-7700

MLS: Beaches #R11057433

Beaches logo

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