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.

2551 Spanish River Rd

2551 Spanish River Rd in 20262551 Spanish River Rd in January 20252025 · Palm Beach County · Palm Beach Co.2026 · Palm Beach County · Palm Beach Co.

Drag to compare the lot in January 2025 with 2026. The pink line is the surveyed parcel boundary.

Where it stands

Last city record Nov 5, 2026
Estimated completionMay–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$20.5–28.6MOur 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
$7.28M May 2025
Lot size
14,392 sf 0.33 acres
Declared permit value
$1.92M as declared; real cost runs well higher
Home size
~7,906 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

11.8 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 Spanish River Land Co
$0$4.44M$8.89M

This lot cost $7.28M. The median new-build lot in Spanish River Land Co went for $2.48M (29 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

16 city records
  1. Drywall InspectionPassed
  2. Finishes: insulation certifiedInsulation Inspection · Passed
  3. Framing InspectionPassed
  4. Dock or seawall permitBoatlift-Dock-Seawall-Pile Permit · In Review
  5. Peel / Stick in Progress InspectionPassed
  6. Window/Door Bucks InspectionPassed
  7. Roof Tin Cap InspectionPassed
  8. Roof: truss drawings filedTruss Engineering Inspection · Passed
  9. Roof Deck InspectionPartial Pass
  10. Tie Beam InspectionPartial Pass
  11. Columns InspectionPartial Pass
  12. Dock or seawall permitSlab (Building, Dock) Inspection · Passed
  13. Building Form Board SurveyPassed
  14. New-home permit issuedNew-Home Permit Issued · Issued
  15. New-home permit filedResidential New Construction Permit · Issued
  16. Demolition permitDemolition Permit · Expired

Permit BPR-2025-02927 on Boca eHub: “Construct new single-family residence”

Nearby

More new homes nearby

All 32 in Spanish River Land Co →

Also close by: 783 Cordova Dr · 499 S Maya Palm Dr · 898 Osceola Dr · 2101 Spanish River Rd · 898 Barcelona Dr · 2348 E Maya Palm Dr