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Palm Beach Boca Isles West
10864 Tea Olive Lane
$479,000
● House - Off Market

10864 Tea Olive Lane

Boca Raton, FL 33498
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,325 Ft²
$765,273
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

PRISTINE-Updated*Lakefront*Gorgeous resort-style heated large lap pool+10-person spa*Backyard:Private/secluded +tall dense hedges/fenced /spacious private patios+pavers/*Open-concept kitchen-family room-large breakfast bar*Volume ceilings most rooms*Roof replaced*18"diagonal tile:foyer,dining room,living room,kitchen+family room*Wood-look floors:bedrooms*Spacious kitchen:white panel cabinets,granite,stainless appliances*Master Suite:two walk-ins+sliders-view tropical paradise*Master bath:dual sinks* floor+shower tile replaced*roman tub*granite counters*Cabana Bath:floor+shower tile replaced+granite counters+replaced vanity*Guard gated clubhouse community:tennis/fitness/resort pool*Nearby:Shopping/entertainment/eateries/excellent schools/golf courses,water park,ball fields,tennis,handball. PRISTINE-Updated*Lakefront*Gorgeous resort-style heated large lap pool+10-person spa*Backyard:Private/secluded +tall dense hedges/fenced /spacious private patios+pavers/*Open-concept kitchen-family room-large breakfast bar*Volume ceilings most rooms*Roof replaced*18"diagonal tile:foyer,dining room,living room,kitchen+family room*Wood-look floors:bedrooms*Spacious kitchen:white panel cabinets,granite,stainless appliances*Master Suite:two walk-ins+sliders-view tropical paradise*Master bath:dual sinks* floor+shower tile replaced*roman tub*granite counters*Cabana Bath:floor+shower tile replaced+granite counters+replaced vanity*Guard gated clubhouse community:tennis/fitness/resort pool*Nearby:Shopping/entertainment/eateries/excellent schools/golf courses,water park,ball fields,tennis,handball.
Unit Size
2,325 Ft²
Days on Market
70 days
Land Size
0.22 acres
Price per sqft
$206
Property Type
House
Property Taxes
$405
HOA Dues
$250
Year Built
1993

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 months ago (Beaches MLS #R10342374)

Price History

Date / Event Date Event Price
Aug 23, 2017 Sold
Premium
Sold
Jul 30, 2017 Listed $479,900
Listed
PRISTINE-Updated*Lakefront*Gorgeous resort-style heated large lap pool+10-person spa*Backyard:Private/secluded +tall dense hedges/fenced /spacious private patios+pavers/*Open-concept kitchen-family room-large breakfast bar*Volume ceilings most rooms*Roof replaced*18"diagonal tile:foyer,dining room,living room,kitchen+family room*Wood-look floors:bedrooms*Spacious kitchen:white panel cabinets,granite,stainless appliances*Master Suite:two walk-ins+sliders-view tropical paradise*Master bath:dual sinks* floor+shower tile replaced*roman tub*granite counters*Cabana Bath:floor+shower tile replaced+granite counters+replaced vanity*Guard gated clubhouse community:tennis/fitness/resort pool*Nearby:Shopping/entertainment/eateries/excellent schools/golf courses,water park,ball fields,tennis,handball.The manager has listed the unit size as 2325 square feet.
Jun 13, 2017 Listed by RE/MAX Advantage Plus $479,900
Listed by RE/MAX Advantage Plus
Dec 7, 2011 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 450
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,553
  • Lot Size Depth Feet: 2,990
  • Lot Size Frontage Feet: 320
  • Total Building Area: 3,066
  • Gross Building Area: 3,066
  • Building Area: 2,325
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,325
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOCA ISLES WEST PH 3
  • Land Acres: 0000000219
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: BOCA ISLES WEST PH 3 A LT 26 BLK 13

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007748

Zoning

  • Zoning: RTS

Geography

  • Assessors Map Reference: 379
  • Subdivision Phase Number: 3
  • Parcel: 00-41-47-12-17-013-0260
  • Block: 13
  • Lot: 26
  • Meridian: SEC 12 TWN 47S RNG 41E
  • Municipality: UNINCORPORATED
  • Latitude: 26.3856
  • Longitude: -80.2193

    Address

  • Full Address: 10864 Tea Olive Ln
  • Address - House Number: 10864
  • Address - Street Name: Tea Olive
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Boca Raton
  • Carrier Code: C055
  • 4-Digit Zip Code: 4845
  • Zip Code: 33498

Valuation

    Tax

  • Total Area: 2,612
  • Tax Year: 2022
  • Tax Amount: $496,851
  • Tax Rate Code Area: 355

    Appraisal Valuation

  • Standard Deviation: 0.2062
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 893,611
  • High Value: 1,077,941
  • Low Value: 709,281

    Market Valuation

  • Market Total Value: $579,101
  • Market Land Value: $205,256
  • Market Improvement Value: $373,845

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $310,008

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 18, 2017
  • Current Sale Recording Date: Aug 23, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20170306823
  • Previous Sale Recording Date: Dec 07, 2011
  • Previous Sale Contract Date: Nov 28, 2011
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Boca Isles West

Stats & Trends

Median Asking:

$999,888

Sale Price/ft²

$391

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2622 ft²

Average Home Age

32.6 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 19548 Estuary Drive, Boca Raton, FL, 33498

$9,500 /mo

  • 5 Beds
  • 4 Baths
  • 4,156 ft²
19548 Estuary Drive, Boca Raton, FL, 33498 Listing by Jill R Glanzer
Unit for rent at 19305 Skyridge Circle, Boca Raton, FL, 33498

$9,000 /mo

  • 4 Beds
  • 3 Baths
  • 2,741 ft²
19305 Skyridge Circle, Boca Raton, FL, 33498 Listing by Svitlana Markel
Unit for rent at 18298 S 102nd Way S, Boca Raton, FL, 33498

$6,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,853 ft²
18298 S 102nd Way S, Boca Raton, FL, 33498 Listing by Rosemarie Hearn

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Matthew Mark Keller
RE/MAX Advantage Plus
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10342374
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

Frequently Asked Questions

When was property at 10864 Tea Olive Lane built and last sold?
The property at 10864 Tea Olive Lane was built in 1993 and last sold on Aug 18, 2017 for $479,000.
How much is this home worth?
The estimated value of the home located at 10864 Tea Olive Lane is $0.
What are some comparable homes to 10864 Tea Olive Lane?
There are currently no comparable homes to 10864 Tea Olive Lane.
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