Builder · No. 13 on the water in Boca Raton · permits 2021–2023

Mark Timothy

5houses2cities

5 new homes since 2021: 3 in Boca Raton, 2 in Delray Beach. 5 on the water, mostly in Kinney P D & H D Gates, Sanctuary and Royal Palm Yacht & Country Club. State license CRC1327612.

Where they build

City by city, each against its own typical build

New homes in Boca Raton3

2 complete · 1 rising

On the water3

100% of their homes · rank 13 in Boca Raton

Typical build31 mo
Only 2 finished homes to measure
Top recorded sale—

No finished-home sale on record

Rising now · Boca Raton

1 home in progress

Against the market

Boca Raton · homes since 2021
Build time, permit to CO (2 finished homes)
0 mo30 mo60 mo

Mark Timothy’s median is 31 months; the median for waterfront homes in Boca Raton is 23.9. Small sample, so read it loosely.

Median declared permit value $4.71M per home, the 2nd highest among 40 builders with three or more homes in Boca Raton. Declared values run well below real construction cost.

Their lots cost a median $14.5M (waterfront median in Boca Raton $2.83M).

  • Their median
  • Middle half, Boca Raton waterfront

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

  • Median
Every new home on record in Boca Raton

Portfolio

AddressNeighborhoodPermitStatusLotDeclared permit valueSale
250 NE 5th AveWaterKinney P D & H D GatesDec 2023Rising$22M$10.9M—
4040 Ibis Point CirWaterSanctuaryAug 2022Complete—$3.56M—
184 W Key Palm RdWaterRoyal Palm Yacht & Country ClubMar 2022Complete$7.03M$4.71M—