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530 Phillips Drive
About This Property
This residence features 4 spacious bedrooms and 3.5 designer-renovated bathrooms. The heart of the home is the Italian custom kitchen, a chef's dream with a striking natural stone large island, Appliances include Sub-Zero refrigerator, Wolf appliances including gas stove, and a show-stopping built-in refrigerated wine tower. Architectural details such as high ceilings, with the custom wood inlayed ceiling reflecting Mediterranean design's artisanal craftsmanship. When entering the Living Room a beautiful see- through fireplace can be viewed simultaneously with the elegant Dining room.
You are greeted with an open view of the gorgeous pool and waterway that abuts the outdoors to enjoy your private paradise with 80 ft of water frontage, perfect for docking a yacht up to 60 ft. The sparkling Atlantic Ocean is just moments away. Recently renovated salt water pool and new raised spa with all new pool equipment. This pool features a sleek modern design surrounded by a natural stone-look deck that blends beautifully with the outdoor environment.
Many features of this home include a new roof which was installed in 2022, new Hot Water Heater, Hurricane Impact windows, Full House Generator and Mini Split A/C unit for the garage as well as brand new custom Laundry Room.
Ideally situated, this home is walking distance from Mizner Park, Royal Palm Plaza and Downtown Boca Raton's vibrant shops and restaurants, and the world-class Boca Raton Resort. Enjoy the golden sands of the beach are just a 15-minute bike ride away, ensuring the quintessential South Florida lifestyle is at your doorstep. You can't beat this location!
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Feb 6, 2025 | In contract | - | |
| In contract | |||
| Dec 14, 2024 | Listed by Coldwell Banker | $5,995,000 | |
| Listed by Coldwell Banker | |||
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Discover the perfect fusion of timeless Mediterranean charm and contemporary sophistication at this waterfront treasure. Welcome to 530 Phillips Drive, an exquisite Mediterranean masterpiece nestled in Boca Raton's coveted Golden Harbour Neighborhood. This waterfront sanctuary offers an unparalleled blend of elegance and modern luxury, designed to captivate even the most discerning homeowner.This residence features 4 spacious bedrooms and 3.5 designer-renovated bathrooms. The heart of the home is the Italian custom kitchen, a chef's dream with a striking natural stone large island, Appliances include Sub-Zero refrigerator, Wolf appliances including gas stove, and a show-stopping built-in refrigerated wine tower. Architectural details such as high ceilings,
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| Mar 27, 2024 | Sold | ||
| Sold | |||
| Oct 27, 2023 | Listed by Realty Standard Inc | $4,995,000 | |
| Listed by Realty Standard Inc | |||
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Incredible opportunity to acquire a canal view Mediterranean property in one of the most prestigious neighborhood - Golden Harbor of Boca Raton.
80 feet of the water frontage allows you to dock up to 60' boat, no fixed bridges in adjacent canals open an easy access to the ocean. You're just moments to the fun of Lake Boca, dockside dining at SeaSpray.
Walking distance to the Mizner park, The Boca Raton Resort, Downtown , 15 mins bike ride to the beach.
Property features: 4 spacious bedrooms, 3.5 recently renovated bathrooms with custom cabinetry and high end fixtures. Modern custom built kitchen with large natural stone island, Subzero Fridge, Wolf appliances, Chef's hood and built -in wine tower. Spectacular great room with 22 foot high volume ceilings, floor to ceiling windows and exceptional water views. Adjacent formal dining room with a double-sided fireplace. Formal family room next to the kitchen with a magnificent water views and a ton of space for the whole family.
Large guest room on the first floor could be easily converted to a second master if needed.
Upstairs master suit features 2 spacious walk-in closets and a modern design bathroom with a separate soaking tub and complex and stylish walk in shower, completed with a designer mosaic touches on the wall. Master bedroom leads to a beautiful open balcony overseeing the canal.
House was recently upgraded with 2 new York air conditioners. Garage has it's own climate control by a newer Mitsubishi mini- split. All impact windows and doors and a whole house generator will keep you safe and comfy regardless of the weather condition.
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About Golden Harbour
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