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.

1401 Banyan Rd

Spanish River Land Co, Boca RatonBuilt by Bealecon Construction2 story · ~9,494 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 Sep 2, 2026

PermitApr ’25

FoundationAug ’25

VerticalOct ’25

FinishAug ’26

Done

Estimated completionDec 2026 – Jul 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$7.3–10.2MOur 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: $2.45M Dec 2024
Lot size: 16,143 sf 0.37 acres
Declared permit value: $1.82M as declared; real cost runs well higher
Home size: ~9,494 sf under air from the permit’s plans
Plan: 2 story
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

18.6 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 $2.45M. 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

23 city records

Sep 2, 2026Secondary Water Barrier InspectionPassed
Sep 2, 2026Roof Deck InspectionPassed
Sep 1, 2026Drywall InspectionPassed
Aug 31, 2026Finishes: insulation certifiedInsulation Inspection · Passed
Aug 31, 2026Framing InspectionPassed
Aug 25, 2026Roof Mop in Progress InspectionPassed
Aug 25, 2026Roof Covering In Progress InspectionPassed
Aug 25, 2026Exterior Lathing InspectionPassed
May 4, 2026Window/Door Bucks InspectionPassed
May 4, 2026Wall Sheathing InspectionPassed
May 4, 2026Wall Dry-in InspectionPassed
Mar 23, 2026Roof Tin Cap InspectionPassed
Mar 23, 2026Roof Flat in-Progress InspectionPassed
Feb 6, 2026Roof: truss drawings filedTruss Engineering Inspection · Passed
Feb 6, 2026Roof Sheathing InspectionPassed
Oct 15, 2025Tie Beam InspectionPassed
Oct 15, 2025Columns InspectionPassed
Oct 14, 2025Dock or seawall permitSlab (Building, Dock) Inspection · Passed
Oct 14, 2025Footing InspectionPassed
Aug 28, 2025Building Form Board SurveyPassed
Jul 31, 2025New-home permit issuedNew-Home Permit Issued · Issued
Apr 23, 2025New-home permit filedResidential New Construction Permit · Revision Review
Mar 31, 2025Demolition permitDemolition Permit · Complete

Permit BPR-2025-01064 on Boca eHub: “New 2 story construction”

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 Bealecon Construction about it, and flag similar homes before they reach the market.