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
Custom
Custom: a company owns the lot, but nothing on record says it’s being built to sell.
700 Malaga Dr
Drag to compare the lot in 2023 with 2026. The pink line is the surveyed parcel boundary.
Where it stands
Last city record Oct 28, 2026The numbers
From deeds, the permit and the parcel roll- Lot purchase
- $2.1M Feb 2026
- Lot size
- 9,827 sf 0.23 acres
- Declared permit value
- $1.03M as declared; real cost runs well higher
- Home size
- Not yet on the tax roll
- Plan
- Not in the permit
- Flood zone
- AE base flood elevation 6 ft
- Waterfront
- No
- Ownership
- Company-owned lot likely a custom home
Against the market
Boca Raton · since 20213.4 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 lot cost $2.1M. The median new-build lot in Spanish River Land Co went for $2.48M (29 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
4 city records- New-home permit issuedNew-Home Permit Issued · Issued
- New-home permit filedResidential New Construction Permit · Revision Review
- New-home permit filedResidential New Construction Permit · Withdrawn
- Demolition permitDemolition Permit · Complete
Permit BPR-2026-02070 on Boca eHub: “NEW SFR PER PLANS”
More new homes nearby
Also close by: 2935 Spanish River Rd · 480 E Alexander Palm Rd · 2930 Cadiz Rd · 444 E Alexander Palm Rd · 495 E Alexander Palm Rd · 432 E Alexander Palm Rd