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4040 Ibis Point Circle, Boca Raton, FL 33431

$3,700,000

Virtual Tour

https://www.propertypanorama.com/4040-Ibis-Point-Circle-Boca-Raton-FL-33431/unbranded

Proposed First Level Floor Plan Renderin

Proposed Second Level Floor Plan Renderi

Property Type: Land & Docks Lot Size (sq. ft.): 24,936 Status: Closed

Current Price: $3,700,000 List Date: 2/01/2021 Last Modified: 6/13/2026

Overview

Description

The Sanctuary Deepwater Lot Opportunity sited on 24,936± sq. ft with 102± feet of waterfrontage facing South. Perfect time to build your dream estate in Boca Raton's most exclusive yachting enclave with 24-hour guard gate, road patrol, and waterway patrol for maximum security. See proposed front elevation and floor plans by award winning Affiniti Architects.

Listing Details MLS# R10689066

General Property Information

Property Sub Type: Unimproved Land
Lot Size Acres: 0.57
Lot Size Square Feet: 24936
Minimum Livable Area: 17047
Waterfront YN: Yes
Frontage Length: 102±
Direction Faces: Northwest
LP/SqFt: 158.41

Property Features

Association Amenities: Tennis Court(s) Current Use: Single Family Development Status: Recorded Plat Documents Available: Survey Location of Property: Subdivision Possible Use: Single Family Sewer: Public Sewer Special Listing Conditions: Real Estate Owned Trees: None Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available; None Vegetation: Grassed Boat and Dock Features: Private Dock Listing Terms: Cash Lot Features: Cleared Other Equipment: Irrigation Equipment Road Frontage Type: Private Road Road Surface Type: Paved Water Source: Public Water View: Canal Waterfront Features: Canal Front Showing Requirements: Call Listing Agent Contingencies: Inspection Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 3950000
LP/Acre: 6899563.32

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 4040
Street Name: Ibis Point
Street Suffix: Circle
City Name: Boca Raton
State Or Province: FL
Postal Code: 33431
Postal Zip: 33431
Subdivision Name: THE SANCTUARY
Development Name: THE SANCTUARY
Area: 4180
Geographic Area: PB02
Parcel Number: 06434708220000751
Zoning: R1B-R1
Directions: Call Listing Office

Financial Information

Association YN: Yes
Association Fee: 1525
Association Membership: Mandatory
Tax Year: 2020
Tax Annual Amount: 99199.7
Tax Legal Description: SANCTUARY REPL LT 75 (LESS ELY 67.5 FT) & LT 76 (LESS SWLY 35 FT)

Remarks and Miscellaneous

Public Historical Remarks: Elevation at Sea Level: Unknown

More Information

Status Change Information

Major Change Timestamp: 2021-04-05T20:17:54Z
Major Change Type: Status Change
Status Change Date: 2021-04-05
Under Contract Date: 2021-03-02
Close Date: 2021-04-05
Close Price: 3700000
Buyer Financing: Cash
SP/Acre: 6462882.1

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Short Sale Details

Short Sale Addendum: No

Boat and Dock Information

Dock: Yes
Boat Max Length: 0

Price Calculations

Current Price To SqFt: 217.05
Original List Price To Close Price: 1.06

Originating Details

Originating System Key: 20210201192008138601000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

Tennis Court(s): Yes

Special Listing Conditions

Real Estate Owned: Yes

Documents Available

Survey: Yes

Current Use

Single Family: Yes

Development Status

Recorded Plat: Yes

Location of Property

Subdivision: Yes

Possible Use

Single Family: Yes

Sewer

Public Sewer: Yes

Trees

None: Yes

Utilities

Cable Available: Yes
Natural Gas Available: Yes
Sewer Available: Yes
Water Available: Yes
None: Yes

Vegetation

Grassed: Yes

Water View

Canal: Yes

Listing Terms

Cash: Yes

Lot Features

Cleared: Yes

Other Equipment

Irrigation Equipment: Yes

Road Frontage Type

Private Road: Yes

Road Surface Type

Paved: Yes

Water Source

Public: Yes

Waterfront Features

Canal Front: Yes

Boat and Dock Features

Private Dock: Yes

Showing Requirements

Call Listing Agent: Yes

Contingencies

Inspection: Yes

Acreage Description

1/2 To Less Than 1 Acre Lot: Yes

Listing Office: Premier Estate Properties Inc

Last Updated: June - 13 - 2026

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