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$2,200,000
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Property Description
Perfect, building lot in the well sought after Spanish River Lands section of Boca Raton. This Large Corner Lot, is located on Spanish River Rd and Malaga Drive. Rarely , available location for you to build your Dream Home. On a Clean Canvas. Walking distance to the Ocean, Pristine Beaches, The Boca Raton Resort Hotel/World Class Golf Course and Upscale Downtown Boca Raton. This lot can accommodate 6100 Sq Ft under air home, depending on your Architecture Design Plans.
Full Property Details
Full Property Details for 700 Malaga Dr
General
- Price: $2,200,000
- Taxes: $19,962 (2025)
- Status: Active
- Type: Vacant Land
- Source: Regional
- MLS ID: R11154631
- Updated: 1/22/2026
- Added to Site: 17 day(s) ago
Additional Information
- Shared Amenities: Beach Access
Location
- County: Palm Beach
- Subdivision: SPANISH RIVER LAND CO SUB UNIT 3
- Direction Faces: North
Community
- Community Name: 4160
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Current Bldg. Use: Single Family
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 9,823
- Frontage: Public Road, Paved
- Road Maintenance: Public Maintained Road
- Lot Features: Cleared, Corner Lot, Interior Lot, 1/4 Acre
- Development Status: Raw Land
- Potential Use: Single Family
- Trees/Vegetation: None, Other
- Zoning: R1A(ci
Financial Considerations
- Tax Amount: $19,962.3
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Documents Avail.: Building Plans, Environmental Study, Permits
- Legal Description: SPANISH RIVER LAND CO SUB UNIT 3 LT 9 BLK 5
- Property ID: 6434732020050090
Listed by Serhant
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Schools
Schools serving 700 Malaga Dr
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Boca Raton Elementary School 103 Southwest 1st Avenue, Boca Raton, FL 33432 | K-5 | 1.8 mi |
Boca Raton Community Middle School 1251 Northwest 8th Street, Boca Raton, FL 33486 | 6-8 | 3.2 mi |
Boca Raton Community High School 1501 Northwest 15th Court, Boca Raton, FL 33486 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 700 Malaga Dr
Date
Details
Price
Change
Source
1/15/2026
Listed
$2,200,000
69.23%
MLS
6/05/2023
Sold
$1,300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 700 Malaga Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,964
12%
$1,164,937
12%
2024
$17,792
227%
$1,036,687
207%
2023
$5,436
1%
$337,369
3%
2022
$5,376
1%
$327,543
3%
2021
$5,334
100%
$318,003
1%
2021
$2,667
-49%
$313,612
2%
2019
$5,267
7%
$306,561
2%
2018
$4,928
1%
$300,845
2%
2017
$4,881
—
$294,657
2%
2016
$4,871
-2%
$288,596
1%
2015
$4,982
—
$286,590
1%
2014
$5,000
1%
$284,315
2%
2013
$4,933
—
$280,113
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 700 Malaga Dr
700 Malaga Drive, Boca Raton, FL 33432 (MLS# R11154631) is a Vacant Land property with a lot size of 0.23 acres. 700 Malaga Drive is currently listed for $2,200,000 and was received on January 15, 2026. Want to learn more about 700 Malaga Drive? Do you have questions about finding other Vacant Land real estate for sale in Boca Raton? You can browse all Boca Raton real estate or contact a Coldwell Banker agent to request more information.

