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.

1148 Cocoanut Rd

Spanish River Land Co, Boca RatonBuilt by Bealecon Construction2 story · ~9,748 sf under air
1148 Cocoanut Rd in 20261148 Cocoanut Rd in January 20252025 · 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 Jul 24, 2026
Estimated completionDec 2026 – Mar 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$8.1–11.3MOur 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
$2.8M Mar 2025
Lot size
16,017 sf 0.37 acres
Declared permit value
$2.92M as declared; real cost runs well higher
Home size
~9,748 sf under air from the permit’s plans
Plan
2 story
Flood zone
AE base flood elevation 6 ft
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

19.1 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 River Land Co
$0$4.44M$8.89M

This lot cost $2.8M. The median new-build lot in Spanish River Land Co went for $2.48M (29 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

21 city records
  1. Roof Final - W / UpliftPassed
  2. Roof Covering In Progress InspectionPassed
  3. Finishes: insulation certifiedInsulation Inspection · Passed
  4. Exterior Lathing InspectionPassed
  5. Wall Sheathing InspectionPassed
  6. Wall Dry-in InspectionPassed
  7. Roof Flat in-Progress InspectionPassed
  8. Window/Door Bucks InspectionPassed
  9. Roof Tin Cap InspectionPassed
  10. Roof Mop in Progress InspectionPassed
  11. Roof: truss drawings filedTruss Engineering Inspection · Passed
  12. Roof Sheathing InspectionPassed
  13. Wall Steel InspectionPassed
  14. Tie Beam InspectionPassed
  15. Columns InspectionPassed
  16. Foundation: termite pre-treatment certifiedTermite Slab Pretreat Inspection · Passed
  17. Dock or seawall permitSlab (Building, Dock) Inspection · Passed
  18. Footing InspectionPassed
  19. New-home permit issuedNew-Home Permit Issued · Issued
  20. New-home permit filedResidential New Construction Permit · Issued
  21. Demolition permitDemolition Permit · Complete

Permit BPR-2025-00955 on Boca eHub: “New 2 story 9,748 sf single family home per plan”

Nearby

More new homes nearby

All 32 in Spanish River Land Co →

Also close by: 1101 Spanish River Rd · 1200 Spanish River Rd · 1099 Spanish River Rd · 1216 Spanish River Rd · 1520 Royal Palm Way · 1270 Cocoanut Rd