Builder · No. 12 on the water in Boca Raton · permits 2021–2024

F5 Construction

4houses2cities

4 new homes since 2021: 3 in Boca Raton, 1 in Delray Beach. 4 on the water, mostly in Tropic Isle, Blue Inlet and Harbour East. State license CBC1261827.

Where they build

City by city, each against its own typical build

New homes4

4 complete · 0 rising

On the water4

100% of their homes · rank 38 overall

Typical build21 mo
3.8 months faster than typical
How the pace is measured

Each finished home against the typical build for homes like it (on the water or off it) in its own city, then the middle value of those differences.

Top recorded sale$12M

New build749 Bamboo Dr · $1,622/sf

Against the market

Each city · homes since 2021
Home by home, against the typical build in each city: 3.8 months faster than typical
How the pace is measured

Each finished home against the typical build for homes like it (on the water or off it) in its own city, then the middle value of those differences.

Build time in Boca Raton (3 finished homes)
0 mo30 mo60 mo

Their median in Boca Raton is 22.4 months; the median for waterfront homes in Boca Raton is 23.9.

Build time in Delray Beach (1 finished home)
0 mo30 mo60 mo

Their median in Delray Beach is 19.6 months; the median for waterfront homes in Delray Beach is 25.9. Small sample, so read it loosely.

Median declared permit value $1.31M per home, the 48th highest among 188 builders with three or more homes. Declared values run well below real construction cost.

Their lots cost a median $2.22M.

  • Their median
  • Middle half, each city waterfront

    72 waterfront homes in Boca Raton permitted 2021–2023, from the permit application to the certificate-of-occupancy packet. 36 waterfront homes in Delray Beach permitted 2021–2023, from the permit application to the certificate-of-occupancy packet.

  • Median
Every new home on record

Portfolio

AddressCityNeighborhoodPermitStatusLotDeclared permit valueSale
3131 Jasmine DrWaterDelray BeachTropic IsleDec 2024Complete$3.49M——
721 NE Marine DrWaterBoca RatonBlue InletJul 2024Sold$1.5M$1.34M$6.6M
660 NE Broadview DrWaterBoca RatonHarbour EastAug 2021Sold$1.32M$884K$5.4M
749 Bamboo DrWaterBoca RatonSun & Surf Club CommunityMar 2021Sold$2.94M$1.31M$12M