Sold
Sold: a recorded sale of the finished home
Likely spec
Likely spec: a company built it and sold it within a year. Not confirmed by the builder.
245 NE Olive Way
Drag to compare the lot in 2023 with 2026. The pink line is the surveyed parcel boundary.
Where it stands
Last city record Jul 21, 2025PermitDec ’23
FoundationAug ’24
VerticalSep ’24
FinishJan ’25
COJul ’25
DoneJul ’25
Sold$4.88M · Sep 2025$945 per sq ft
The numbers
From deeds, the permit and the parcel roll- Lot purchase
- $1.52M Dec 2023
- Lot size
- 9,047 sf 0.21 acres
- Declared permit value
- $889K as declared; real cost runs well higher
- Home size
- 5,159 sf on the tax roll
- Plan
- Not in the permit
- Flood zone
- AE base flood elevation 6 ft
- Waterfront
- No
- Ownership
- Private owner likely spec: a company built it and sold it within a year
Against the market
Boca Raton · since 2021Build time, months from permit
0 mo30 mo60 mo
Built in 18.8 months, 4 months faster than typical (22.8 months for homes off the water in Boca Raton).
Lot price vs. new-build lots in Boca Raton Riviera
$0$4.04M$8.09M
This lot cost $1.52M. 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
Construction log
26 city records- Building Field FinalPassed
- Foundation: termite pre-treatment certifiedTermite Certificate · Passed
- Finishes: insulation certifiedInsulation Certificate · Passed
- Finishes: final survey filedFinal Survey/Elevation Certificate · Passed
- Energy Compliance Check InspectionPassed
- Roof Final - W / UpliftPassed
- Roof Covering In Progress InspectionPassed
- Roof Tin Cap InspectionPassed
- Roof Mop in Progress InspectionPassed
- Drywall InspectionPassed
- Finishes: insulation certifiedInsulation Inspection · Passed
- Framing InspectionPassed
- Exterior Lathing InspectionRe-inspection required
- Floor Sheathing InspectionPassed
- Window/Door Bucks InspectionPassed
- Roof: truss drawings filedTruss Engineering Inspection · Re-inspection required
- Roof Sheathing InspectionPassed
- Tie Beam InspectionRe-inspection required
- Columns InspectionPartial Pass
- Building Elevation SurveyPassed
- Foundation: termite pre-treatment certifiedTermite Slab Pretreat Inspection · Passed
- Dock or seawall permitSlab (Building, Dock) Inspection · Re-inspection required
- Building Form Board SurveyPassed
- New-home permit issuedNew-Home Permit Issued · Issued
- Demolition permitDemolition Permit · Complete
- New-home permit filedResidential New Construction Permit · Certificate Of Occupancy
Permit BPR-2023-02823 on Boca eHub: “NEW SFR CONSTRUCTION”
Nearby
All 37 in Boca Raton Riviera →More new homes nearby
Complete
751 NE 2nd St
Boca Raton RivieraCollin Builders
Permit
Foundation
Vertical
Finish
CO
Done
Lot bought$720K
Home4,434 sf
Declared permit value$765K
Sold
244 NE Olive Way
Boca Raton RivieraCollin Builders
Permit
Foundation
Vertical
Finish
CO
Done
Lot bought$1.52M
Home5,159 sf
Sold$4.5M
Complete
333 NE Spanish Ct
Boca Raton RivieraCollin Building Group
Permit
Foundation
Vertical
Finish
CO
Done
Lot bought$1.6M
Home4,286 sf
Declared permit value$776K
Also close by: 700 NE 4th St · 399 NE Spanish Ct · 300 NE Spanish Trl · 192 NE Spanish Trl · 400 NE Olive Way · 366 NE Wavecrest Ct