by Global Lifestyle Properties

See Home Value
$1,176,000
● House - Off Market

5533 Rico Drive

Boca Raton, FL 33487
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,575 Ft²
$1,675,156
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Boater's Dream! BEST PRICED WATERFRONT HOME IN BOCA!! This premier waterfront home boasts an open floor plan with a magnificent view of the pool and dock. The home has been renovated with the utmost attention to detail. Bring your boat and take advantage of one of Boca Raton's premier waterfront communities in Caribbean Keys. Minutes to Intracoastal Waterway. Minutes to the beach, Downtown Boca Raton, Downtown Delray and Town Center Mall. Ready to move in! Will not last!
Unit Size
2,575 Ft²
Days on Market
138 days
Land Size
0.18 acres
Price per sqft
$501
Property Type
House
Property Taxes
$1,422
HOA Dues
-
Year Built
1970

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Last updated: 3 months ago (Beaches MLS #R10649885)

Price History

Date / Event Date Event Price
Aug 4, 2022 No longer available -
No longer available
Jul 16, 2022 Price Decreased $2,550,000
↓ $100K (3.8%)
Price Decreased
Jun 24, 2022 Price Decreased $2,650,000
↓ $245K (8.5%)
Price Decreased
May 7, 2022 Listed by Castles By The Beach, Inc. $2,895,000
Listed by Castles By The Beach, Inc.
Highly sought after waterfront community of Caribbean Keys. Very private and quiet neighborhood nestled between everything Boca Raton offers and downtown Delray Beach. Wide canal for easy turning a 45 ft boat. Minutes to the Intracoastal Waterway. Look forward to beautiful sunsets with a west facing back yard. Move in ready! The manager has listed the unit size as 3078 square feet.
Mar 10, 2022 Sold
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 7
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 294
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,836
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,398
  • Gross Building Area: 3,398
  • Building Area: 3,078
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,078
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARIBBEAN KEYS PL 1
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: CARIBBEAN KEYS PL 1 LT 4 BLK 14

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007301

Zoning

  • Zoning: R-1-B

Geography

  • Assessors Map Reference: 376
  • Parcel: 06-43-47-04-05-014-0040
  • Block: 14
  • Lot: 4
  • Meridian: SEC 04 TWN 47S RNG 43E
  • Municipality: BOCA RATON
  • Latitude: 26.3988
  • Longitude: -80.0724

    Address

  • Full Address: 5533 Rico Dr
  • Address - House Number: 5533
  • Address - Street Name: Rico
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Boca Raton
  • Carrier Code: C007
  • 4-Digit Zip Code: 4128
  • Zip Code: 33487

Valuation

    Tax

  • Total Area: 3,116
  • Tax Year: 2023
  • Tax Amount: $2,798,277
  • Initial Tax Delinquent Year: 2017
  • Tax Rate Code Area: 6154

    Appraisal Valuation

  • Standard Deviation: 0.0861
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 2,427,759
  • High Value: 2,636,878
  • Low Value: 2,218,640

    Market Valuation

  • Market Total Value: $1,651,312
  • Market Land Value: $1,269,259
  • Market Improvement Value: $382,053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,651,312

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 01, 2022
  • Current Sale Recording Date: Mar 10, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 105961
  • Previous Sale Recording Date: Jan 15, 2021
  • Previous Sale Contract Date: Jan 12, 2021
  • Previous Sale Amount: $1,176,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Caribbean Keys


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Frequently Asked Questions

When was property at 5533 Rico Drive built and last sold?
The property at 5533 Rico Drive was built in 1970 and last sold on Mar 1, 2022 for $1,950,000.
How much is this home worth?
The estimated value of the home located at 5533 Rico Drive is $0.
What are some comparable homes to 5533 Rico Drive?
There are currently no comparable homes to 5533 Rico Drive.