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 shares the builder’s business address. Not confirmed by the builder.

700 Valencia Dr

700 Valencia Dr in 2026700 Valencia Dr in 20242024 · Palm Beach County · Palm Beach Co.2026 · Palm Beach County · Palm Beach Co.

Drag to compare the lot in 2024 with 2026. The pink line is the surveyed parcel boundary.

Where it stands

Last city record Oct 27, 2026
Estimated completionAny month nowThis build has passed the typical timeline.

The numbers

From deeds, the permit and the parcel roll
Likely to sell for$4.8–6.7MOur 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
$1.45M Aug 2023
Lot size
10,960 sf 0.25 acres
Declared permit value
$1.2M as declared; real cost runs well higher
Home size
~6,190 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 shares the builder’s business address

Against the market

Boca Raton · since 2021
Build time, months from permit
0 mo30 mo60 mo

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

Lot price vs. new-build lots in Spanish River Land Co
$0$4.44M$8.89M

This lot cost $1.45M. 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
How we calculate this

Construction log

19 city records
  1. Drywall InspectionDisapproved
  2. Roof Field FinalPassed
  3. Finishes: insulation certifiedInsulation Inspection · Disapproved
  4. Framing InspectionDisapproved
  5. Roof Flat in-Progress InspectionDisapproved
  6. Roof Tin Cap InspectionDisapproved
  7. Roof Sheathing InspectionPassed
  8. Window/Door Bucks InspectionPartial Pass
  9. Roof: truss drawings filedTruss Engineering Inspection · Partial Pass
  10. Tie Beam InspectionDisapproved
  11. Building Elevation SurveyPassed
  12. Columns InspectionDisapproved
  13. Foundation: termite pre-treatment certifiedTermite Slab Pretreat Inspection · Passed
  14. Dock or seawall permitSlab (Building, Dock) Inspection · Disapproved
  15. Building Form Board SurveyPassed
  16. New-home permit issuedNew-Home Permit Issued · Issued
  17. Demolition permitDemolition Permit · Complete
  18. Demolition permitDemolition Permit · Withdrawn
  19. New-home permit filedResidential New Construction Permit · Issued

Permit BPR-2024-01812 on Boca eHub: “NEW SINGLE FAMILY HOUSE”

Nearby

More new homes nearby

All 32 in Spanish River Land Co →

Also close by: 3097 Banyan Rd · 3093 Banyan Rd · 2930 Cadiz Rd · 2969 Banyan Rd · 432 E Alexander Palm Rd · 755 Sevilla Dr