$2,100,000
Sold · February 24, 2026
700 Malaga Drive
Boca Raton, FL 33432
SPANISH RIVER LAND CO SUB UNIT 3
Explore the area: Boca Raton homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $2,100,000
- Vs. list price
- 4.5% under
- Days on market
- 32
- Price per sq ft
- N/A
This lot in Spanish River Land Co Sub Unit 3 sold for $2,100,000 on February 24, 2026. That was 4.5% below its final list price of $2,200,000. It spent 32 days on the market.
Listing Snapshot
- Sold Price
- $2,100,000
- Sold On
- February 24, 2026
- Days on Site
- 32 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.23 Acres
- Property Type
- Land
- MLS #
- R11154631
- Property Tax
- $19,962 (2025)
- Subdivision
- SPANISH RIVER LAND CO SUB UNIT 3
- Development
- SPANISH RIVER LAND
- County
- Palm Beach
- Status
- Sold
About This Property
Perfect, building lot in the well sought after Spanish River Lands section of Boca Raton. This Large Corner Lot, is located on Spanish River Rd and Malaga Drive. Rarely , available location for you to build your Dream Home. On a Clean Canvas. Walking distance to the Ocean, Pristine Beaches, The Boca Raton Resort Hotel/World Class Golf Course and Upscale Downtown Boca Raton. This lot can accommodate 6100 Sq Ft under air home, depending on your Architecture Design Plans.
MLS media linkGeneral Features
- Property Type
- Land
- Status
- Sold
- Direction Faces
- North
- Lot Size (Acres)
- 0.23
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R1A(ci
Exterior Features
- Lot Features
- Cleared / Corner Lot / Interior Lot / Less Than Quarter Acre
Community & HOA
- Association Amenities
- Beach Access
- Utilities
- Electricity Available / Natural Gas Available / Sewer Available / Water Available
- Financing Terms
- Cash
- MLS Area
- 4160
Schools
- Elementary School
- Boca Raton
- Middle School
- Boca Raton Community
- High School
- Boca Raton
About the Community
Spanish River Land is a luxury community in Boca Raton, Palm Beach County, Florida. Properties are priced from $3,000,000 to $25,000,000. Pure Equity lists homes in Spanish River Land and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 4
- Under Contract
- 1
- Median List Price
- $7,995,000
- Median Sale Price (September)
- $4,625,000
- Median $/Sq Ft
- $1,129
- Avg Days on Market
- 85
Frequently Asked Questions
- How do I schedule a tour of 700 Malaga Drive, Boca Raton, FL 33432?
- Use the Tour button on this listing to request a showing of 700 Malaga Drive, Boca Raton, FL 33432. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 700 Malaga Drive, Boca Raton, FL 33432 still available?
- 700 Malaga Drive, Boca Raton, FL 33432 is currently listed as Sold, and has been on the market 32 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 700 Malaga Drive, Boca Raton, FL 33432?
- With 20% down ($440,000) on the $2,200,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 700 Malaga Drive, Boca Raton, FL 33432 is about $11,562/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 700 Malaga Drive, Boca Raton, FL 33432?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 700 Malaga Drive, Boca Raton, FL 33432. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 700 Malaga Drive, Boca Raton, FL 33432?
- 700 Malaga Drive, Boca Raton, FL 33432 is zoned for Boca Raton (elementary), Boca Raton Community (middle), Boca Raton (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 700 Malaga Drive, Boca Raton, FL 33432?
- Often, yes. The right offer on 700 Malaga Drive, Boca Raton, FL 33432 depends on how it's priced against comparable land sales in Boca Raton, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Serhant
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$2,100,000
Own a home nearby?
This sale is now a comparable for every home around it. Get a free estimate of what yours would sell for today.
Listed by Nicholas M Gonzalez, Serhant
Map & Location
Featured Communities
Cities in Palm Beach County
Zip Codes in Palm Beach County
Property Types
Recent Sales
Recently sold homes in Spanish River Land Co Sub Unit 3
These are the last 6 recorded closings in Spanish River Land Co Sub Unit 3, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,093 per square foot. The most recent closed on September 25, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$5,100,000
Sold · September 25, 2026
3097-3095 Banyan Road
4 bed · 4.5 bath · 2,986 sqft · $1,708/sqft
$2,105,000 over the asking price
Sold$22,500,000
Sold · September 24, 2026
2989 Spanish River Road
6 bed · 11 bath · 12,055 sqft · $1,866/sqft
$2,495,000 under the asking price
Sold$2,900,000
Sold · September 10, 2026
850 Via Cabana Drive
3 bed · 3 bath · 2,920 sqft · $993/sqft
$350,000 under the asking price
Sold$4,150,000
Sold · September 2, 2026
1098 Spanish River Road
4 bed · 5 bath · 4,289 sqft · $968/sqft
$99,000 under the asking price
Sold$2,075,000
Sold · July 30, 2026
899 S Granada Drive
3 bed · 2.5 bath · 1,954 sqft · $1,062/sqft
$124,000 under the asking price
Sold$3,200,000
Sold · July 21, 2026
1298 Spanish River Road
4 bed · 4 bath · 2,929 sqft · $1,093/sqft
See every recorded sale in Spanish River Land Co Sub Unit 3 or find out what your Spanish River Land Co Sub Unit 3 home is worth.
