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.

141 NE Wavecrest Way

Boca Raton Riviera, Boca RatonBuilt by M I Bobcat~5,517 sf under air

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2023 · Palm Beach County · Palm Beach Co.2026 · Palm Beach County · Palm Beach Co.

Drag to compare the lot in 2023 with 2026. The pink line is the surveyed parcel boundary.

Where it stands

Last city record Jun 2, 2026

PermitDec ’23

FoundationJul ’24

VerticalAug ’24

FinishJan ’25

Done

Estimated completionAny month nowThis build has passed the typical timeline.

The numbers

From deeds, the permit and the parcel roll

Likely to sell for$4.95–6.35MOur 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: $1.5M Dec 2023
Lot size: 8,490 sf 0.19 acres
Declared permit value: $1M as declared; real cost runs well higher
Home size: ~5,517 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 a custom home

Against the market

Boca Raton · since 2021

Build time, months from permit

0 mo30 mo60 mo

34.5 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 Boca Raton Riviera

$0$4.04M$8.09M

This lot cost $1.5M. The median new-build lot in Boca Raton Riviera went for $1.55M (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

How we calculate this

Construction log

25 city records

Jun 2, 2026Foundation: termite pre-treatment certifiedTermite Certificate · Passed
Jun 2, 2026Energy Compliance Check InspectionPassed
May 22, 2026Finishes: insulation certifiedInsulation Certificate · Passed
May 19, 2026Finishes: final survey filedFinal Survey/Elevation Certificate · Passed
May 18, 2026Building Elevation SurveyPassed
Jan 28, 2025Roof Final - W / UpliftPassed
Jan 28, 2025Drywall InspectionPassed
Jan 21, 2025Finishes: insulation certifiedInsulation Inspection · Passed
Jan 16, 2025Framing InspectionPassed
Jan 9, 2025Roof Covering In Progress InspectionPassed
Nov 21, 2024Exterior Lathing InspectionPassed
Oct 23, 2024Window/Door Bucks InspectionPassed
Oct 8, 2024Roof: truss drawings filedTruss Engineering Inspection · Passed
Oct 3, 2024Roof Mop in Progress InspectionPassed
Oct 3, 2024Roof Flat in-Progress InspectionPassed
Oct 2, 2024Roof Tin Cap InspectionPassed
Sep 19, 2024Roof Sheathing InspectionPassed
Aug 8, 2024Tie Beam InspectionPartial Pass
Aug 8, 2024Columns InspectionPartial Pass
Jul 18, 2024Foundation: termite pre-treatment certifiedTermite Slab Pretreat Inspection · Passed
Jul 18, 2024Dock or seawall permitSlab (Building, Dock) Inspection · Passed
Jul 8, 2024Building Form Board SurveyPassed
Jun 14, 2024New-home permit issuedNew-Home Permit Issued · Issued
Apr 1, 2024Demolition permitDemolition Permit · Complete
Dec 27, 2023New-home permit filedResidential New Construction Permit · Issued

Permit BPR-2023-02827 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.