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

Waterfront

Custom

Custom: owned by a person, so most likely built for the owner.

2348 E Maya Palm Dr

Royal Palm Yacht & Country Club, Boca RatonBuilt by National Custom Homes IV~8,553 sf under air

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2024 · Palm Beach County · Palm Beach Co.2026 · Palm Beach County · Palm Beach Co.

Drag to compare the lot in 2024 with 2026. The pink line is the surveyed parcel boundary.

Where it stands

Last city record Oct 21, 2026

PermitJun ’25

FoundationSep ’25

VerticalOct ’25

FinishSep ’26

Done

Estimated completionApr–Sep 2027From the permit date, with the middle half of build times for waterfront homes. An estimate, not the builder’s commitment.

The numbers

From deeds, the permit and the parcel roll

Likely to sell for$29.9–41.8MOur 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: $11.8M Apr 2024
Lot size: 13,486 sf 0.31 acres
Declared permit value: $3.21M as declared; real cost runs well higher
Home size: ~8,553 sf under air from the permit’s plans
Plan: Not in the permit
Flood zone: AE base flood elevation 7 ft
Waterfront: Yes parcel touches a mapped waterway
Ownership: Private owner likely a custom home

Against the market

Boca Raton · since 2021

Build time, months from permit

0 mo30 mo60 mo

16.9 months since the permit. A typical waterfront home in Boca Raton takes 23.9; the middle half take 19.6–31.

Lot price vs. new-build lots in Royal Palm Yacht & Country Club

$0$18.9M$37.8M

This lot cost $11.8M. The median new-build lot in Royal Palm Yacht & Country Club went for $4M (58 lots).

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

How we calculate this

Construction log

20 city records

Oct 21, 2026Drywall InspectionPassed
Sep 29, 2026Finishes: insulation certifiedInsulation Inspection · Passed
Sep 29, 2026Finishes: insulation certifiedInsulation Certificate · Passed
Sep 28, 2026Framing InspectionPassed
Jul 10, 2026Exterior Lathing InspectionPassed
Jun 16, 2026Dock or seawall permitBoatlift-Dock-Seawall-Pile Permit · Issued
Apr 22, 2026Window/Door Bucks InspectionPassed
Mar 23, 2026Roof Tin Cap InspectionPassed
Mar 12, 2026Roof Sheathing InspectionPassed
Jan 14, 2026Tie Beam InspectionPassed
Jan 14, 2026Grade Beam InspectionPassed
Nov 20, 2025Columns InspectionPassed
Nov 14, 2025Building Elevation SurveyPassed
Oct 28, 2025Dock or seawall permitSlab (Building, Dock) Inspection · Passed
Oct 9, 2025Building Form Board SurveyPassed
Oct 2, 2025Wall Steel InspectionPassed
Sep 25, 2025Footing InspectionPassed
Sep 2, 2025New-home permit issuedNew-Home Permit Issued · Issued
Jun 16, 2025New-home permit filedResidential New Construction Permit · Issued
Nov 7, 2024Demolition permitDemolition Permit · Complete

Permit BPR-2025-01532 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 National Custom Homes IV about it, and flag similar homes before they reach the market.