250 NE 5th Ave, Boca Raton, FL 33432

7 beds, 4 baths, 18,707 sqft
Sold: $9,750,000
Sold on 06/13/12
Zestimate®: $12,233,169
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One of Boca Raton?s most sensational Intracoastal estates is found in this recently built 1.62±-acre compound sprawling over one of the largest properties of the coveted 5th Avenue estate area. This quietly majestic British West Indies-inspired masterwork resides at the end of a meandering gated drive through a sumptuous tree-canopied landscape, seeming an escape to a faraway tropical island paradise. At once grand and inviting, rich and refined, the seven-bedroom residence was ingeniously designed by Affiniti Architects to integrate elements of a vintage boathouse originally on the site, and to capitalize on tranquil vistas sweeping from 222± feet of deepwater frontage in a no-wake zone. Gorgeous mahogany floors and fine millwork carry through the entire residence, which offers exceptional privacy in well-flowing wings, centered on a dramatic great room opening to a verandah cantilevered over the waterfront. Verandahs also connect the ground-floor spaces, including the glass-walled game room right by the boat slip, night-lit as an aquatic wonder of marine life. The separate guest house, exotic pool patio, and multi-yacht dockage complete the ultimate haven of resort luxury. Virtually impossible to duplicate, this phenomenal waterfront compound will meet all the requirements of those with a passion for entertaining, a demand for the finest, and a taste for the truly extraordinary. Location Northeast 5th Avenue, Boca Raton, Florida. Beautifully serene, this prestigious estate neighborhood is within walking distance of the beach and Mizner Park?s world-class shopping and dining. Property This gated Intracoastal compound built in 2007 fronts 222± feet of deepwater shoreline with dockage for multiple mega-yachts, minutes from the ocean inlet. Introduced by a winding shellstone-embedded drive, the sweeping 1.62±-acre grounds are cloaked in tropical trees including Canary Island date palms and a Phoenix reclinata. An impressive architectural statement, the British West Indies-inspired residence opens to classic verandahs and balconies with Chippendale balustrades. Swaying coconut palms embrace coquina-clad waterfront patios which encompass a spectacular courtyard featuring a lagoon-style pebble-finish pool with waterfalls, spa and beach area. Residence Styled in casual island elegance, this stunning residence encompasses a total of 18,707± square feet with 7 bedrooms, 8 full and 3 half baths, 4-bay garage, plus 3-bay covered parking. Myriad accoutrements include the elevator, safe room, and generator. Mahogany floors and refined millwork underscore the timelessly warm living environment also featuring nautically inspired elements such as the ?outrigger? ceiling beams. Sweeping water views are enhanced by the placement of the main rooms on the upper level. Main Level: Accessed by the sweeping staircase or elevator in the ground-floor foyer, the living, dining and kitchen areas combine in a magnificent open great room dramatized by a ?boathouse-style? beamed cathedral ceiling and glass walls opening to a wraparound waterfront verandah with stairs to the pool patio. The full-service wet bar and outdoor summer kitchen are perfect for entertaining. A guest powder room adjoins. Latticework moldings adorn the tray-ceilinged formal dining room complete with a wine vault. The high-end chef?s kitchen features furniture-quality cabinetry, granite counters, a butcher-block island, professional-style Wolf range, and Sub-Zero refrigerator/freezer. Adjacent are pantries with 2 Turbochef convection ovens plus a laundry/utility/catering room. Mahogany-and-glass pocket doors open from the dining room to the family room, richly finished with a coffered ceiling, wainscoting, and media built-ins. Entered through a private gallery, the magnificent master wing opens to waterfront verandahs and includes an exquisitely paneled, bookcase-lined office with beam-clad peaked ceiling. Beyond, the view-filled master bedroom is highlighted by a wood-paneled, peake  MoreLess
 
Facts
  • Lot: 1.8 acres
  • Single Family
  • Built in 2007
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Jun 2012 for $9,750,000
  • Price/sqft: $521
Features
  • Elevator
  • Parking: 1400 sqft
  • Pool
  • View: Water
Construction
  • Construction quality: 9.0
  • Roof type: Metal
  • # Stories: 2.0
  • Unit count: 1
Other
  • Floor size: 18,707 sqft
  • Last remodel year: 2005
  • Lot depth: 318
  • Lot width: 222
  • Parcel #: 06434720250010080
  • Zillow Home ID: 46722489
Home Values
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$12,233,169
+$423,424 Last 30 daysd
$10.3M
$14.4M
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$22,367/mo
+$2,167 Last 30 daysd
$11K
$23K
Zestimate range
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Neighborhood for 250 Ne 5th Avenue

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Zillow predicts 33432 home values will rise 2.6% next year, compared to a 4.4% increase for Boca Raton as a whole. Among 33432 homes, this home is valued 2812% more than the midpoint (median) home, and is valued 90.8% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 33432, the number of foreclosures waiting to be sold is 17% less than in Boca Raton, and 20.8% higher than the national average. This lower local number could help 33432 home values rise more quickly than other regions in Boca Raton.

Learn more about forecast calculations or 33432 home values.
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