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
Likely spec
Likely spec: owned by a company named for the builder. Not confirmed by the builder.
123 NE Wavecrest Way
Drag to compare the lot in January 2025 with 2026. The pink line is the surveyed parcel boundary.
Where it stands
Last city record Oct 14, 2026The numbers
From deeds, the permit and the parcel roll- Lot purchase
- $1.55M Jan 2025
- Lot size
- 8,838 sf 0.20 acres
- Declared permit value
- $1.2M as declared; real cost runs well higher
- Home size
- ~4,885 sf under air from the permit’s plans
- Plan
- Not in the permit
- Flood zone
- AE base flood elevation 6 ft
- Waterfront
- No
- Ownership
- Company-owned lot likely spec: owned by a company named for the builder
Against the market
Boca Raton · since 202117.9 months since the permit. A typical home off the water in Boca Raton takes 22.8; the middle half take 19.5–26.3.
This lot cost $1.55M. The median new-build lot in Boca Raton Riviera went for $1.52M (27 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
Construction log
10 city records- Roof Sheathing InspectionPartial Pass
- Tie Beam InspectionPartial Pass
- Columns InspectionPartial Pass
- Foundation: termite pre-treatment certifiedTermite Slab Pretreat Inspection · Passed
- Dock or seawall permitSlab (Building, Dock) Inspection · Passed
- Footing InspectionPassed
- Building Form Board SurveyPassed
- New-home permit issuedNew-Home Permit Issued · Issued
- New-home permit filedResidential New Construction Permit · Issued
- Demolition permitDemolition Permit · Expired
Permit BPR-2025-01243 on Boca eHub: “New Detached Single Family Residence”
More new homes nearby
Also close by: 140 NE Wavecrest Way · 130 NE Wavecrest Way · 160 NE Wavecrest Ct · 180 NE Wavecrest Ct · 898 E Boca Raton Rd · 870 E Boca Raton Rd