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: the owner on the permit has 2 other new homes permitted. Not confirmed by the builder.

2450 NW 41st St

Patch Reef Estates, Boca RatonBuilt by Mahn Construction~10,640 sf under air

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Aerial from 2026, before work began. The pink line is the surveyed parcel boundary.

Where it stands

Last city record Nov 6, 2026

PermitJun ’26

FoundationSep ’26

VerticalNov ’26

Finish

Done

Estimated completionFeb–Sep 2028From 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$8.8–12.3MOur 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: $3.1M Mar 2026
Lot size: 25,269 sf 0.58 acres
Declared permit value: $2M as declared; real cost runs well higher
Home size: ~10,640 sf under air from the permit’s plans
Plan: Not in the permit
Flood zone: X
Waterfront: No
Ownership: Company-owned lot likely spec: the owner on the permit has 2 other new homes permitted

Against the market

Boca Raton · since 2021

Build time, months from permit

0 mo30 mo60 mo

4.6 months since the permit. A typical home off the water in Boca Raton takes 22.8; the middle half take 19.5–26.3.

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

7 city records

Nov 6, 2026Tie Beam InspectionPassed
Nov 6, 2026Columns InspectionPassed
Sep 10, 2026Foundation: termite pre-treatment certifiedTermite Slab Pretreat Inspection · Passed
Sep 10, 2026Building Form Board SurveyPassed
Jul 31, 2026New-home permit issuedNew-Home Permit Issued · Issued
Jun 24, 2026New-home permit filedResidential New Construction Permit · Revision Review
Jun 19, 2026Demolition permitDemolition Permit · Complete

Permit BPR-2026-01738 on Boca eHub: “New Residential House”

Early access · not on the market

Get in before it lists

This one looks built to sell, and most spec homes don’t reach the MLS until they’re nearly done: it should finish Feb–Sep ’28. Ask now and a licensed agent will go to Mahn Construction for the plans, the price and the timing, before it’s listed.