305-609-4190
870 Havana Drive, Boca Raton FL 33487
Active Agriculture Waterfront

870 Havana Drive, Boca Raton FL 33487

Boca Raton, FL, 33487

$36,000,000

—
Beds
—
Baths
—
Sq Ft
—
Year Built
—
Lot Sq Ft
—
Garage

Photo Gallery (13 photos)

About This Property

Rarely Available! One of East Boca Raton's most significant waterfront development opportunities. This extraordinary double-point offering encompasses approx. 29,290 SF (.67 acre) across platted Lots 13 & 14 with approx. 440' of waterfront (including 250 feet on the Intracoastal). 20 mins to the ocean with no fixed bridges. For an even more exceptional opportunity, adjacent 857 Havana Dr, Lot 12 (MLS #B26071294) will be separately listed and may also be purchased, creating an extraordinary contiguous three-lot waterfront property totaling approximately 34,908 SF (.80 acre) with approximately 550' of waterfront. Create a landmark Intracoastal estate, private compound, or multiple luxury waterfront residences (subject to city/county approvals).

Property Details

MLS #

B26071003

Status

Active

Property Type

Land/Boat Docks

Sub Type

Agriculture

Days on Market

5

Pool

No

Waterfront

Yes

HOA Fee

None

Est. Insurance

$12,000/mo

Tax Year

2025

Tax Amount

$97,200

Garage

—

Lot Size

—

MLS Area

Caribbean Keys

Subdivision

CARIBBEAN KEYS

Mortgage Calculator

Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$252,000
Est. Monthly Rent
1.4%
Cap Rate
7.0%
Cash-on-Cash
$501,173
Net Operating Income

ROI Projections (4% Annual Appreciation)

143%
5-Year ROI
Value: $43,799,504
310%
10-Year ROI
Value: $53,288,794
505%
15-Year ROI
Value: $64,833,966

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

Market Trends

Similar Homes

Properties near Boca Raton in a similar price range

WhatsApp Call Text
Call Text Email