Rising

Rising: permitted and not yet finished, with a live permit (the city extends it at each passed inspection) or city records in the past 90 days

Custom

Custom: a company owns the lot, but nothing on record says it’s being built to sell.

1000 NW 3rd Ave

Spanish Village, Boca RatonBuilt by M I Bobcat~4,868 sf under air

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2025 · Palm Beach County · Palm Beach Co.2026 · Palm Beach County · Palm Beach Co.

Drag to compare the lot in January 2025 with 2026. The pink line is the surveyed parcel boundary.

Where it stands

Last city record Jun 12, 2026

PermitJul ’25

FoundationJan ’26

VerticalFeb ’26

FinishMay ’26

Done

Estimated completionDec 2026 – Apr 2027From the permit date, with the middle half of build times for homes off the water. An estimate, not the builder’s commitment.

The numbers

From deeds, the permit and the parcel roll

Likely to sell for$3.45–4.8MOur estimate from the lot’s price and what new homes nearby sold for. Not an appraisal or the builder’s price. How we estimate it

Lot purchase: $950K Jan 2025
Lot size: 11,186 sf 0.26 acres
Declared permit value: $1M as declared; real cost runs well higher
Home size: ~4,868 sf under air from the permit’s plans
Plan: Not in the permit
Flood zone: X
Waterfront: No
Ownership: Company-owned lot likely a custom home

Against the market

Boca Raton · since 2021

Build time, months from permit

0 mo30 mo60 mo

16.1 months since the permit. A typical home off the water in Boca Raton takes 22.8; the middle half take 19.5–26.3.

Lot price vs. new-build lots in Spanish Village

$0$551K$1.1M

This lot cost $950K. The median new-build lot in Spanish Village went for $785K (19 lots).

This home
Middle half, Boca Raton off the water
178 homes off the water in Boca Raton permitted 2021–2023, from the permit application to the certificate-of-occupancy packet.
Median

How we calculate this

Construction log

17 city records

Jun 12, 2026Drywall InspectionPassed
Jun 9, 2026Roof Final - W / UpliftPassed
Jun 1, 2026Roof Covering In Progress InspectionPassed
May 26, 2026Finishes: insulation certifiedInsulation Inspection · Disapproved
May 22, 2026Framing InspectionRe-inspection required
May 6, 2026Exterior Lathing InspectionPassed
Apr 8, 2026Roof Mop in Progress InspectionPassed
Apr 7, 2026Window/Door Bucks InspectionPassed
Apr 6, 2026Roof Tin Cap InspectionRe-inspection required
Apr 3, 2026Roof: truss drawings filedTruss Engineering Inspection · Partial Pass
Apr 2, 2026Roof Sheathing InspectionPassed
Feb 20, 2026Tie Beam InspectionPartial Pass
Feb 19, 2026Columns InspectionRe-inspection required
Feb 6, 2026Foundation: termite pre-treatment certifiedTermite Slab Pretreat Inspection · Passed
Feb 6, 2026Dock or seawall permitSlab (Building, Dock) Inspection · Passed
Jan 23, 2026New-home permit issuedNew-Home Permit Issued · Issued
Jul 10, 2025New-home permit filedResidential New Construction Permit · Issued

Permit BPR-2025-01744 on Boca eHub: “NEW SFR”

Early access · not on the market

Interested in this home?

This looks like an owner’s own home, so it may never be listed. A licensed agent can still ask M I Bobcat about it, and flag similar homes before they reach the market.