4865 NW 16th Terrace, Boca Raton FL 33431, BOCA RATON, FL, 33431
Active59 days on marketListed Jun 19, 2026MLS #B26043590
About this home
4865 NW 16th Terrace, Boca Raton FL 33431
AVAILABLE IMMEDIATELY. Renovated, impeccably maintained home with iconic private, peaceful view of nature preserve. Walking distance of 2 lakes, 2 "A" rated schools, shops, restaurants, lifetime fitness, and library. Also easy access to 95. Gated community amenities include gym, clubhouse, playground, and 24/7 security. The best property manager onsite most weekdays. This 2 story 3 bedroom, 2.5 bath home has a well-designed floor plan maximizing living space with high ceilings, generous room sizes, and abundant natural light. The two-car garage provides ample parking and storage. Home includes many new upgrades: luxury vinyl plank flooring, AC, ceiling fans, quartz kitchen countertops, refrigerator, and washer/dryer. Updated master bath has quartz countertops, new shower door, mirrors, lighting, wallpaper, sink and faucet. Other 2 bathrooms have also been thoughtfully renovated. All hurricane impact windows and doors. Tenant responsible for utilities and internet. No smoking. Small pets considered on a case-by-case basis with landlord approval.
Facts & features
The home at a glance
3
Bedrooms
2.5
Bathrooms
2,008
Sqft
0.05 ac
Lot size
2
Garage
2012
Year built
2
Levels
$2
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$196 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$196/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Boca Raton actives
$2 vs $317
Days on market
59 vs 56 typical
Where $2/sqft sits among the 400 Boca Raton actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Blue Lakes
Get to know Boca Raton. See the full Boca Raton guide →
Blue Lakes — neighborhood snapshot
Population
449
Median age
32
Median income
$210,000
Median home value
$682,100
Avg household
3
Households w/ children
42%
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)
52 of 400
Boca Raton actives have cut their price
Median sold price, Boca Raton, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 98% below the BOCA RATON 33431 median. See the full Boca Raton market guide →
Paper trail
This home's history
Reality check
What actually sold near 4865 NW 16th Terrace
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$640,000
5742 NW 24th Avenue # 501, Boca Raton FL 33496
3 bd · 2 ba · 2,040 sqft · $314/sqft · 0 DOM
Sold · May ’26$1,385,000
5495 NW 21st Avenue, Boca Raton FL 33496
3 bd · 2 ba · 1,925 sqft · $719/sqft · 3 DOM
Sold · Jul ’26$885,000
2054 NW 56th Street, Boca Raton FL 33496
3 bd · 2 ba · 1,925 sqft · $460/sqft · 6 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
Anthony Richardson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 4865 NW 16th Terrace — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4865 NW 16th Terrace — before you fall in love.
See it in person
Schedule a tour
Live availability from Anthony's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
4865 NW 16th Terrace FAQs
What would the monthly payment be for 4865 NW 16th Terrace, Boca Raton FL 33431?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $196/mo — principal and interest, estimated property taxes 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.
Are pets allowed at 4865 NW 16th Terrace, Boca Raton FL 33431?+
The listing reports pets: No, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Boca Raton?+
At $4,900, this home is listed about 99% below the Boca Raton median of $549,950. The market section on this page shows how the area is trending.
Which schools are assigned to 4865 NW 16th Terrace, Boca Raton FL 33431?+
Blue Lake Elementary (elementary), Spanish River Community High School (high), Omni Middle School (middle), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the BOCA RATON 33431 market on paper
$4,900 is 98% below the BOCA RATON 33431 median of $316,950, and at $2/sqft it sits under the Boca Raton average of $502.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Strong assigned schools
Blue Lake Elementary, Spanish River Community High School, Omni Middle School, Glades Construction Academy At West Technical — Blue Lake Elementary rates 5 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $5,000, now $4,900 — a $100 cut. The full history is in the market section below.
Keep looking
Similar homes nearby
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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