TROPIC ISLE 4TH SEC,Boca Bay Colony

896 NE Mulberry Drive, Boca Raton FL 33487

5 beds · 6.5 baths · 5,784 ft²

Closed

$9,895,000

5.75%

Est. Payment $52,665/mo

MLS Sheet Video

5

Bedrooms

6.5

Bathrooms

5,784

Sq. Ft.

2016

Year Built

2

Garage

2

Stories

33

Days on Market

Description

A rare opportunity to own a true custom waterfront estate in the prestigious enclave of Boca Bay Colony, privately positioned on a quiet cul-de-sac just one estate from the point, offering commanding views of both the Intracoastal Waterway and the canal. This modern architectural masterpiece features 117 feet of deepwater frontage, no fixed bridges, and direct access to the Atlantic Ocean—ideal for serious yachting enthusiasts. Designed and built with uncompromising attention to detail by Terry Cudmore, with architecture by Randall Stofft, the residence seamlessly blends refined luxury with exceptional functionality. Upon arrival, a dramatic two-story foyer with a glass-railed staircase sets the tone for the home's elevated design. Soaring volume ceilings, marble flooring, and floor-to-ceiling glass flood the interiors with natural light while framing elegant water views throughout. The main living areas flow effortlessly into the chef's kitchenan entertainer's centerpiece featuring Thermador appliances, dual dishwashers, refrigerator drawers, warming drawer, custom pull-out pantry, and illuminated crystal quartzite countertops with dimmer-controlled lighting. Gas service is available on the street and can be easily connected if desired. The first level is thoughtfully designed for both entertaining and everyday living, offering a private theater room with five TVs and centralized control, a versatile club room (plumbed for easy conversion to a secondary suite), a refined office with custom floor-to-ceiling built-ins, and a striking powder room adorned with panda marble. A full wet bar with leathered marble countertops, wine refrigeration, custom aquarium, and a cabana bath with secondary laundry complete the space, along with seamless indoor-outdoor connectivity. The second level is constructed entirely of concrete for superior strength and sound insulation. Four spacious en-suite bedrooms provide privacy and comfort, including a grand primary retreat featuring custom wood built-ins, morning bar, private balcony, dual walk-in closets, and a spa-inspired bath with book-matched marble walls, soaking tub, and dual vanities. Wood flooring adds warmth to the bedroom suites, while marble continues through the common areas. Additional highlights include a poker/lounge room with marble built-ins and instant tankless hot water. Outdoors, enjoy resort-style waterfront living with a heated saltwater pool and spa, expansive entertaining terraces, summer kitchen with built-in BBQ, and a private dock accommodating up to a 60-foot vessel. A Japanese clay tile roof ensures durability and minimal maintenance. This smart home is fully equipped with Crestron automation, elevator, whole-house generator, central vacuum, self-cleaning water filtration system, multi-zone HVAC, comprehensive security system, and meticulous infrastructure throughoutdelivering luxury without compromise. This is not a builder-grade home. This is a true custom waterfront estate, designed for those who demand privacy, craftsmanship, and direct ocean access in one of Boca Raton's most coveted boating communities.

Facts

MLS#
R11156989
Subdivision
TROPIC ISLE 4TH SEC,Boca Bay Colony
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
2016
Lot Size
8,712 ft²
Sq. Ft.
5,784 ft²
Sq. Mt.
537 m²
Price per sq. ft.
$1,711/ft²
Price per sq. mt.
$18,426/m²
Stories
2
Garage
2 spaces
Pool
Private
Days on Market
33 days
Listed
Jan 22, 2026
Last Updated
May 18, 2026
Price/Lot Sq.Ft.
$1,136/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

July 2026

100/100
Buyers marketSellers market

114

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$9,895,000
2/18/2026Price change$9,895,000-5.8%
1/22/2026Listed for sale$10,499,000

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

Estimated Monthly Payment

$61,061/mo

Principal & Interest

$52,665

Property Tax

$8,246

Insurance

$150

HOA

$0

20% ($1,979,000)
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

Hablo Español

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