tomo logo

$2,750,000

Beds
5
Baths
6.0
sq ft
5,315

8639 Dream Falls St, Boca Raton, FL 33496

8639 Dream Falls St

Boca Raton, FL 33496

  • 55 days on market
Fantastic, TURNKEY investment opportunity with guaranteed & immediate cash flow while you build equity! This property is already generating rental income with a reliable tenant in place through 2/28/26. This contemporary pool home showcases over $100K in custom upgrades, combining modern elegance with unmatched comfort. From the moment you approach the striking, custom-made front door, you'll be captivated by the home's sophisticated style & attention to detail. Inside, sleek modern finishes, designer lighting & custom electric window treatments create an ambiance of luxury & convenience. The home boasts two spacious 2-car garages with epoxy-sealed floors, perfect for housing your luxury vehicles, toys or extra storage. Step outside to your private pool oasis, ideal for entertaining!

Details

Property type

Single Family Residence

Est. home value

$2,165,689

Lot size

7,950 sq ft

Price per sq ft

$518

Year built

2020

Annual property taxes

$447

Monthly HOA fee

$651

Price History

01/14/2025
Beaches

Beaches #R11052028

Listed
$2,750,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Gated, Tennis Court(s)

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

Ready Capital Corp

Loan start date

January 2024

Original loan amount

$331,500

Est. remaining balance

Not provided

Interest rate

6.67%

Loan type

Commercial, 10 year

Seller

Pedro Luis Palomino and Eleana Marianne Palomino

Lender

Iberiabank

Loan start date

January 2022

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

2.49%

Loan type

Credit Line (Revolving), 30 year

Seller

Pedro Luis Palomino

Lender

Rocket Mortgage Llc

Loan start date

November 2021

Original loan amount

$1,350,000

Est. remaining balance

$1,253,446

Interest rate

2.88%

Loan type

VA, 30 year

Seller

Pedro Luis Palomino

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?

Similar Homes Nearby

Beaches
$2,699,000
5 bd
|
6 ba
|
4,724 sq ft
|
House

9071 Dulcetto Ct, Boca Raton, FL 33496

Price drop
Beaches
$2,730,000
5 bd
|
6 ba
|
5,369 sq ft
|
House

8635 Dearborn River Way, Boca Raton, FL 33496

Status: Active

Tomo last checked: 03/10/2025 at 11:10 AM

Listing updated: 02/19/2025 at 8:05 PM

Listed by: Susan M Chambers, Waterfront Properties & Club C Phone #: (561) 746-7272

MLS: Beaches #R11052028

Beaches logo