870 E Palm Ave E, Boca Raton FL 33432, BOCA RATON, FL, 33432
Active50 days on marketListed Jun 17, 2026MLS #A12038571
About this home
870 E Palm Ave E, Boca Raton FL 33432
Attention developers and builders. Rare turnkey development opportunity in Boca Raton’s prestigious Por La Mar, located on the barrier island just steps from the beach. Two side by side residential lots are available with plans ready for permit submittal, offering meaningful time savings and a more streamlined path to construction. No HOA. Purchase one lot or secure both together for stronger value, greater flexibility, and maximum upside in a prime coastal location. Introducing Villa Luna, Lot 83, a premier offering that includes the lot plus architectural plans ready for permit submittal for a stunning modern estate. The proposed 3 story residence offers 7,397 square feet under A/C, plus an additional 1,670 square feet, for a total of 9,068 square feet. The home features 6 bedrooms, 8 bathrooms, a 3 car garage, elevator, resort style pool and spa, private cabana, expansive summer living areas, and a butler’s kitchen designed for elevated entertaining. The envisioned floor plan includes an open concept living area, spa inspired primary bath with steam shower, and a full third floor primary suite with a private open sky terrace, delivering the ultimate indoor outdoor lifestyle in one of Boca Raton’s most desirable coastal neighborhoods. Minutes from top rated schools, parks, dining, beaches, and premier lifestyle amenities. Contact for full plans, and development details.
Facts & features
The home at a glance
0.1894 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$16,094 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$16,094/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Por La Mar
Get to know Boca Raton. See the full Boca Raton guide →
Por La Mar — neighborhood snapshot
Population
199
Median age
66
Median income
$115,833
Median home value
$1,523,400
Avg household
2
Households w/ children
2%
For the school run
Palm Beach County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Boca Raton market
$3.6M → $710K
Boca Raton median sold, yr/yr
93.4%
Sale-to-list ratio (12 mo)
Median sold price, Boca Raton, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 502% above the BOCA RATON 33432 median. See the full Boca Raton market guide →
Paper trail
This home's history
Reality check
What actually sold near 870 E Palm Ave E
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$325,000
233 S Federal Hwy # 216, Boca Raton FL 33432
1 bd · 1 ba · 672 sqft · $484/sqft · 79 DOM
Sold · Dec ’25$137,000
20 SE 13th St # C4, Boca Raton FL 33432
1 bd · 1 ba · 704 sqft · $195/sqft · 26 DOM
Sold · Apr ’26$350,000
156 S NE 11th Street, Boca Raton FL 33432
3 bd · 1 ba · 968 sqft · $362/sqft · 233 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Frantreshia Miller
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 870 E Palm Ave E — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 870 E Palm Ave E — before you fall in love.
See it in person
Schedule a tour
Live availability from Frantreshia's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
870 E Palm Ave E FAQs
What would the monthly payment be for 870 E Palm Ave E, Boca Raton FL 33432?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $16,094/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 870 E Palm Ave E, Boca Raton FL 33432?+
The most recent tax bill on record (2025) was $25,000. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Boca Raton?+
At $2,400,000, this home is listed about 336% above the Boca Raton median of $549,900. The market section on this page shows how the area is trending.
Which schools are assigned to 870 E Palm Ave E, Boca Raton FL 33432?+
Boca Raton Elementary School (elementary), Boca Raton Community Middle School (middle), Boca Raton Community High School (high), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of Aterra Real Estate Partners, LLC · Carissa Barzana. MLS #A12038571.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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