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.

250 NE 5th Ave

Kinney P D & H D Gates, Boca RatonBuilt by Mark Timothy~23,275 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 Sep 18, 2026

PermitDec ’23

FoundationSep ’24

VerticalOct ’25

FinishJul ’26

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$49.2–68.7MOur 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: $22M Nov 2021
Lot size: 70,354 sf 1.62 acres
Declared permit value: $10.9M as declared; real cost runs well higher
Home size: ~23,275 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

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

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

17 city records

Sep 18, 2026Finishes: insulation certifiedInsulation Inspection · Partial Pass
Jul 7, 2026Drywall InspectionDisapproved
Jun 25, 2026Framing InspectionDisapproved
May 7, 2026Tie Beam InspectionPartial Pass
May 7, 2026Dock or seawall permitSlab (Building, Dock) Inspection · Passed
May 7, 2026Columns InspectionPartial Pass
Feb 17, 2026Window/Door Bucks InspectionPartial Pass
Oct 10, 2025Roof Flat in-Progress InspectionDisapproved
Jul 1, 2025Building Elevation SurveyDisapproved
Dec 17, 2024Building Form Board SurveyDisapproved
Dec 12, 2024Foundation: termite pre-treatment certifiedTermite Slab Pretreat Inspection · Partial Pass
Dec 12, 2024Dock or seawall permitPiling(Building, Pool, Dock) Inspection · Partial Pass
Sep 24, 2024Grade Beam InspectionRe-inspection required
Aug 9, 2024Dock or seawall permitBoatlift-Dock-Seawall-Pile Permit · Issued
May 28, 2024New-home permit issuedNew-Home Permit Issued · Issued
Dec 21, 2023New-home permit filedResidential New Construction Permit · Issued
Dec 21, 2023Demolition permitDemolition Permit · Complete

Permit BPR-2023-02802 on Boca eHub: “Construct New Single Family Home”

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 Mark Timothy about it, and flag similar homes before they reach the market.