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8705 Surrey Ln
About This Property
The estate features an existing 5-bedroom, 5 full and 1 half-bath main residence, a separate guest house, a 4-stall barn with storage, and a resort-style pool overlooking a private lake. Whether enjoyed as-is or reimagined into an extraordinary custom compound, the possibilities are truly limitless. Create an unrivaled private sanctuary, an equestrian estate, or a multi-structure legacy property on one of the area's most significant land offerings.
Properties of this size, caliber, and location rarely come to market. An additional 5-acre parcel under the same ownership is also available separately for $6,000,000, presenting a rare opportunity to assemble an extraordinary 15-acre estate. Easy to show. Contact the listing broker directly for additional information or to schedule a private tour.
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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%.
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2026 | Listed by The Island | $13,400,000 | |
| Listed by The Island | |||
| May 22, 2017 | Sold | ||
| Sold | |||
| Feb 10, 2016 | Listed by The Knight Group | $1,600,000 | |
| Listed by The Knight Group | |||
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| Sep 2, 2015 | Sold | ||
| Sold | |||
| Jul 2, 2014 | Listed by Douglas Elliman | $1,199,000 | |
| Listed by Douglas Elliman | |||
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OVER 3 BUILDABLE ACRES WITH AN ADDITIONAL 2 ACRES OF LAKE, WRAPAROUND WATER VIEWS LOCATED IN THE HEART OF BOCA RATON, BUILD YOUR OWN WONDERFUL, PRIVATE, SPACIOUS ESTATE HOME. THIS BEAUTIFUL ACREAGE WELCOME HORSES AND OTHER ANIMALS.HORSE TRAILS THROUGHOUT COMMUNITY. SEE SUPPLEMENT FOR SURVEY AND ARCHITECTURAL RENDERING FUTURE ESTATE HOME.
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017