700 Malaga Dr

$2,200,000
Price
9,823 / 0.23
Lot Size / Acres

Description

This Corner Lot spans approximately (0.24 acre) and can accommodate a home of up to ''6,100 Square Feet Under Air '', (3 Cars Front Garages) with a possible 3rd Floor, depending on your architectural design plans, Plus an Additional 500 square foot Guest House. It is located at Spanish River Rd & Malaga Drive, with the Best location in mind for your spectacular- Newly imagined Estate Home! Rarely, available location for you to Build Your Dream Home, on a Clean Canvas, with fantastic Southern Exposure...This Corner Lot spans approximately (0.24 acre) and can accommodate a home of up to ''6,100 Square Feet Under Air '', (3 Cars Front Garages) with a possible 3rd Floor, depending on your architectural design plans, Plus an Additional 500 square foot Guest House. It is located at Spanish River Rd & Malaga Drive, with the Best location in mind for your spectacular- Newly imagined Estate Home! Rarely, available location for you to Build Your Dream Home, on a Clean Canvas, with fantastic Southern Exposure Orientation, which could face Malaga Drive or Spanish River Road. Your, Walking distance to the Ocean, Pristine Beaches, The Boca Raton Resort Hotel / World Class Golf Course and Upscale Downtown Boca Raton.
  1. Listed by Douglas E. Addeo • Community Realty Associates

Property Details for 700 Malaga Drive

Subdivision
SPANISH RIVER LAND CO SUB UNIT 3
Waterfront
No
LISTING UPDATED: 01/06/2026 01:18 PM

Property Details for 700 Malaga Drive

StatusActive
MLS #RX-11135814
Days on Market73
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeResidential Land/Boat Docks / Single Family Detached
Year Built-
Lot Size0.23 AC
CountyPalm Beach County

Location

Listing Courtesy of Community Realty Associates
Add your commute

Building Information for 700 Malaga Drive

Building Size-Lot Size0.23 AC

Payment Calculator

$12,386 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,722

Property Taxes

$1,664

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 700 Malaga Drive

Summary
Location and General Information
  • Directions: E Camino Real to South on Spanish River Rd, turn Left on Malaga Dr
  • Geo Area: Palm Beach 4150; 4160; 4170
  • Special Info: Deed Restrictions
  • Street Number: 700
  • Subdivision Complex Bldg: SPANISH RIVER LAND CO SUB UNIT 3
  • Municipal Code: Boca Raton
  • State: FL
  • City Postal ID: 33432
  • MLS Area: 4170
  • MLS Sub Area: PB01
Taxes and HOA Information
  • Tax Year: 2024
Property
Lot Information
  • Area: 4170
  • Develop Status: Recorded Plat
  • Front Exp: North
  • HOA Amenities: None
  • Improvements: None
  • Land Use: Single Family
  • Lot Description: < 1/4 Acre, Corner Lot
  • Parcel ID: 06434732020050090
  • Property Group ID: 19990816212131825981000000
  • REO: No
  • Roads: Paved
  • Special Assessment: No
  • Trees: Other
  • Zoning: R1A(ci
  • Front Exposure: North
Property and Assessments
  • Acres: 0.23
  • Legal Desc: SPANISH RIVER LAND CO SUB UNIT 3 LT 9 BLK 5
  • Legal Description: SPANISH RIVER LAND CO SUB UNIT 3 LT 9 BLK 5
Utilities
  • Utilities Avail: Municipal Sewer, Public Water
  • Utilities On Site: Gas, Public Water, Sewer
Interior and Exterior Features
Exterior Features
  • Ground Cover: Other
Interior Features
  • Guest Accommodations: No

Property History for 700 Malaga Drive

DateEvent & SourcePriceAppreciation
Jan 6, 2026

Price Change

RAPB #RX-11135814

$2,200,000
Nov 21, 2025

Price Change

RAPB #RX-11135814

$2,299,000
Oct 27, 2025

Listed (Active)

RAPB #RX-11135814

$2,250,000
Oct 15, 2025

Cancelled

RAPB #RX-11115487

Aug 13, 2025

Listed (Active)

RAPB #RX-11115487

$2,395,000
May 21, 2025

Expired

RAPB #RX-11072990

$2,499,900
Mar 18, 2025

Listed (Active)

RAPB #RX-11072990

$2,599,900
Jan 30, 2025

Expired

RAPB #RX-11026898

$2,698,000
Oct 6, 2024

Cancelled

RAPB #RX-11018563

Oct 6, 2024

Listed (Active)

RAPB #RX-11026898

$2,998,000
Sep 6, 2024

Cancelled

RAPB #RX-10995567

Sep 6, 2024

Listed (Active)

RAPB #RX-11018563

$3,195,000
Aug 31, 2024

Temp Off Market

RAPB #RX-10995567

Aug 6, 2024

Price Change

RAPB #RX-10995567

$3,295,000
Jun 12, 2024

Listed (Active)

RAPB #RX-10995567

$3,595,000
Jun 5, 2023

Sold (Public Record)

Public Record #1512697342

$1,300,000
Jun 5, 2023

Sold

RAPB #RX-10862155

$1,300,000
Feb 22, 2023

Pending

RAPB #RX-10862155

Jan 29, 2023

Listed (Active)

RAPB #RX-10862155

$1,700,000
DateEvent & SourcePrice
01/06/2026

Price Change

RAPB #RX-11135814

$2,200,000
11/21/2025

Price Change

RAPB #RX-11135814

$2,299,000
10/27/2025

Listed (Active)

RAPB #RX-11135814

$2,250,000
10/15/2025

Cancelled

RAPB #RX-11115487

08/13/2025

Listed (Active)

RAPB #RX-11115487

$2,395,000
05/21/2025

Expired

RAPB #RX-11072990

$2,499,900
03/18/2025

Listed (Active)

RAPB #RX-11072990

$2,599,900
01/30/2025

Expired

RAPB #RX-11026898

$2,698,000
10/06/2024

Cancelled

RAPB #RX-11018563

10/06/2024

Listed (Active)

RAPB #RX-11026898

$2,998,000
09/06/2024

Cancelled

RAPB #RX-10995567

09/06/2024

Listed (Active)

RAPB #RX-11018563

$3,195,000
08/31/2024

Temp Off Market

RAPB #RX-10995567

08/06/2024

Price Change

RAPB #RX-10995567

$3,295,000
06/12/2024

Listed (Active)

RAPB #RX-10995567

$3,595,000
06/05/2023

Sold (Public Record)

Public Record #1512697342

$1,300,000
06/05/2023

Sold

RAPB #RX-10862155

$1,300,000
02/22/2023

Pending

RAPB #RX-10862155

01/29/2023

Listed (Active)

RAPB #RX-10862155

$1,700,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 700 Malaga Drive

Taxable ValueLand$1,164,937Additions-Total$1,164,937
Tax Record2025$19,964 ($1,664 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,832 SqFtAbove Grade Finished SqFt1,832 SqFtStories1Lot Size9,823 SqFtStyleResidentialYear Built1969ZoningR-1-ACountyPALM BEACHAPN06-43-47-32-02-005-0090

Schools near 700 Malaga Drive

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Boca Raton Elementary School
PublicPK to 5

Boca Raton Community Middle School
Public6 to 8

Boca Raton Community High School
Public9 to 12

Somerset Academy Boca Middle School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

700 Malaga Drive is a 0.23 ac of land for sale in Boca Raton, FL 33432. This property was listed for sale on October 27, 2025 by Community Realty Associates, it's currently listed at $2,200,000. It has been on the market for a total of 73 days and was last sold on June 5, 2023. This listing's school district is Palm Beach. Nearby schools include Boca Raton Elementary School, Boca Raton Community Middle School and Boca Raton Community High School. 700 Malaga Drive is a 0-bed, 0-bath, 0.23 ac of land on a 9,823 sq. ft. / 0.23 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Community Realty Associates

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.