Welcome to 700 Malaga Drive, an extraordinary opportunity to design your dream home in the heart of Boca Raton's historic Estates Section. This 0.23-acre corner lot is nestled in a neighborhood crafted by the renowned architect Addison Mizner, whose vision in the 1920s laid the foundation for Boca Raton's transformation into a luxurious resort town. The Estates Section, known as the Jewel of Boca, famed for its Mediterranean Revival architecture , on a barrier island between the Intracoastal Waterways and Atlantic Ocean, offers an exclusive lifestyle steeped in history and elegance.
Subdivision:
SPANISH RIVER LAND
Lot Description:
< 1/4 Acre,Corner Lot,East of US-1,Interior Lot
Middle School:
Boca Raton Community Middle School
High School:
Boca Raton Community High School
Copyright ©2024 Beaches Multiple Listing Service, Inc
Listing courtesy of Compass Florida, LLC. Phone: (305) 851-2820
700 Malaga Drive, Boca Raton, FL, 33432
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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