BOCA BAY COLONY

7401 NE Bay Cove Court, Boca Raton FL 33487

5 beds · 4.5 baths · 4,761 ft²

Closed

$3,450,000

Est. Payment $18,362/mo

MLS Sheet Video

5

Bedrooms

4.5

Bathrooms

4,761

Sq. Ft.

1983

Year Built

2

Garage

1

Stories

17

Days on Market

Description

An exceptional offering in Boca Bay Colony, presenting a rare opportunity to own a commanding waterfront parcel in this prestigious enclave. This expansive property boasts over 190' of direct water frontage with protected dockage, ideal conditions for yachting. Perfectly positioned between downtown Boca Raton and Atlantic Ave in Delray Beach, enjoy quick access to Mizner Park, beaches, dining, and shopping. Minutes to the Boca Inlet for ocean access, the private Boca Raton Airport, top rated schools, and international airports. Build a custom dream estate exceeding 7,000 square feet or execute a high level investment in one of Boca's most coveted waterfront communities. A legacy property offering privacy, prestige, and the ultimate South Florida lifestyle. Truly one-of-a-kind opportunity. An exceptional offering in Boca Bay Colony, presenting a rare opportunity to own a commanding waterfront parcels in this prestigious enclave. Boasting over 190 feet of prime water frontage, this expansive homesite offers impressive scale and potential for a 7,000+ square foot home, protected dockage, and an ideal setting for a private yacht, creating a true boater's paradise. Perfectly positioned between the energy of Atlantic Avenue and the elegance of downtown Boca Raton, the location delivers an unmatched coastal lifestyle. Minutes from Mizner Park, pristine beaches, the Boca Inlet for swift ocean access, and the private Boca Raton Airport, every luxury and convenience is within effortless reach. Top rated schools and international airports further enhance the appeal for full time living or seasonal retreat. This is a singular opportunity to create a landmark waterfront estate or execute a high level investment vision in one of Boca Raton's most desirable waterfront communities. Parcels of this caliber are rarely offered.

Facts

MLS#
R11155604
Subdivision
BOCA BAY COLONY
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1983
Lot Size
14,375 ft²
Sq. Ft.
4,761 ft²
Sq. Mt.
442 m²
Price per sq. ft.
$725/ft²
Price per sq. mt.
$7,805/m²
Stories
1
Garage
2 spaces
Pool
Private
Days on Market
17 days
Listed
Jan 19, 2026
Last Updated
May 18, 2026
Price/Lot Sq.Ft.
$240/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Boca Raton

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100
Buyers marketSellers market

39

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/18/2026Sold$3,450,000
1/19/2026Listed for sale$3,450,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Estimated Monthly Payment

$21,387/mo

Principal & Interest

$18,362

Property Tax

$2,875

Insurance

$150

HOA

$0

20% ($690,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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