551 NE Waterway Lane, Boca Raton, FL 33432

$7,850,000
Property Type: Residential Bedrooms: 4 Baths: 6 Square Footage: 7,983 Lot Size (sq. ft.): 14,375 Status: Closed
Current Price: $7,850,000 List Date: 9/12/2024 Last Modified: 1/13/2026

Description

Experience exceptional waterfront living at 551 NE Waterway, an extraordinary custom residence. Set on a unique point lot within a cul-de-sac in Golden Harbour, one of Boca Raton's most prestigious waterfront neighborhoods, this stunning home offers unparalleled entertaining spaces both indoor and out. With 210 feet of dockage and direct Intracoastal access this spectacular property is a boater's paradise and comes with boat and jet ski lifts. Enjoy resort style living with heated pool, spa, fire pit, turf yard, lanai with retractable screens and a full summer kitchen. This luxurious residence on a third of an acre and spans an impressive 5,683 of interior square feet, offering an elegant blend of style, comfort and captivating water views throughout all of the main living spaces.

Supplements: This exquisite home boasts 4 generously sized ensuite bedrooms, home office, eat in chef's kitchen, butler's pantry, bar, dining room, living room, family room, powder room, two laundry rooms,an elevator and wood flooring throughout. The sprawling owner's suite, with expansive windows overlooking the water has 2 walk in closets, spa like bathroom, breakfast bar, and a private balcony making it the perfect owner's retreat. The property is equipped with state-of-the-art Control 4 system, allowing you to easily access lighting, climate, security & entertainment equipment. There is also a full house generator and 3 car garage. You can enjoy the vibrant downtown areas of Boca Raton & Mizner Park, as well as the pristine beaches for which Boca Raton is known for. This coastal modern waterfront property offers exclusivity & convenience, making it an ideal choice for those seeking a luxurious & memorable experience in South Florida.

More Information MLS# R11020389

Contract Information

Comp Sale YN: No Negotiable Seller Concessions YN: No Listing Contract Date: 2024-09-09 Status: Closed Original List Price: 7999999 Sold Price: $7,850,000 Current Price: $7,850,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Boca Raton Postal Zip: 33432 Development Name: GOLDEN HARBOUR Geographic Area: PB02 Special Assessment YN: No Country: United States Street Number: 551 Street Direction Prefix: NE Street Name: Waterway Street Suffix: Lane State Or Province: FL Postal Code: 33432 Subdivision Name: GOLDEN HARBOUR Area: 4180 Elementary School: Boca Raton Middle Or Junior School: Boca Raton Community High School: Boca Raton Parcel Number: 06434720340010060 Zoning: R1B(ci Directions: I-95 to Palmetto Pk. Rd. East to NE 5th Ave., make a left. Golden Harbour neighborhood on right, last street before James Rutherford Park at the end of the cul-de-sac.

General Property Information

Living Area Main: 5683 Accessibility Features YN: Yes Gated Community YN: No Lot Size Area: 14355 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 2 Stories: 2 Fireplace YN: Yes Pool Private YN: Yes Spa YN: Yes Year Roof Installed: 2017 Property Sub Type: Single Family Residence Bedrooms Total: 4 Bathrooms Total: 6 Bathrooms Full: 5 Bathrooms Half: 1 Building Area Main: 7983 Building Area Source: Public Records Year Built: 2017 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 3 Covered Spaces: 3 Lot Size Acres: 0.33 Frontage Length: 210 Waterfront YN: 1 Direction Faces: South

Financial Information

Association Deposit YN: No Membership Fee Required YN: No Tax Annual Amount: 98127.5 Tax Year: 2023 Tax Legal Description: GOLDEN HARBOUR SEC 5 LT 6 BLK E

Remarks and Miscellaneous

Public Historical Remarks: Boat Services:Private Dock Y

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2024-10-07T16:58:29Z Major Change Type: Status Change Status Change Date: 2024-10-07 Under Contract Date: 2024-09-16 Close Date: 2024-10-07 Close Price: 7850000

Accessibility Features

Accessible Elevator Installed: 1

Amenities

None: 1

Dining Area

Breakfast Area: 1 Dining/Living Room: 1 Eat-In Kitchen: 1 Formal Dining: 1

Electric

Three Phase: 1

Entry Information

Entry Location: Entry Level Living Area Y

Exterior Features

Built-in Barbecue: 1 Custom Lighting: 1 Summer Kitchen: 1

Fireplace Features

Decorative: 1

Flooring

Ceramic Tile: 1 Marble: 1 Wood: 1

Parking Features

Circular Driveway: 1 Garage Door Opener: 1 Attached Garage: 1 Garage: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Spa Features

Heated: 1 In Ground: 1

Fencing

Fenced: 1

Possession

Close Of Escrow: 1 Negotiable: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1 Natural Gas Available: 1 Sewer Available: 1 Water Available: 1

Heating

Central: 1 Electric: 1

Sprinkler Description

Auto Sprinkler: 1

Water Access

No Fixed Bridge: 1 Ocean Access: 1

Water View

Canal: 1

Window Features

Blinds: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Electric Range: 1 Free-Standing Freezer: 1 Ice Maker: 1 Microwave: 1 Refrigerator: 1 Washer: 1 Water Heater: 1 Cooktop: 1

Construction Materials

CBS: 1 Concrete: 1 Second/Third Floor Concrete: 1 Stucco: 1

Interior Features

Bar: 1 Bedroom Layout - Split: 1 Built-in Features: 1 Cathedral Ceiling(s): 1 Central Vacuum: 1 Closet Cabinetry: 1 Elevator: 1 Entrance Foyer: 1 French Doors: 1 High Ceilings: 1 Kitchen Island: 1 Pantry: 1 Storage: 1 Vaulted Ceiling(s): 1 Walk-In Closet(s): 1

Laundry Features

Inside: 1 Laundry Closet: 1

Listing Terms

Assumable: 1 Cash: 1 Conventional: 1

Lot Features

Cul-De-Sac: 1

Pool Features

Heated: 1 In Ground: 1 Salt Water: 1

Road Frontage Type

East of US-1: 1

Road Surface Type

Paved: 1

Roof

Metal: 1

Security Features

Fire Alarm: 1 Security System: 1 Security System Owned: 1 Smoke Detector(s): 1

Water Source

Public: 1

Waterfront Features

Intracoastal: 1 Seawall: 1 No Fixed Bridges: 1

Water Heater Details

Electric Water Heater: 1

Architectural Style

Colonial: 1

Boat and Dock Information

Dock: Yes Boat Max Length: 101 Boat Dock Accommodates: Over 101 Ft Boat

Boat and Dock Features

Lift: 1 Private Dock: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Electric: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1 Listing Agent Must Accompany: 1 Schedule Online: 1 Text Listing Agent: 1

Main Level Rooms

Main Level Bathrooms: 2 Main Level Bedrooms: 1

Master Bedroom/Bath

Dual Sinks: 1 Master Bdrm - Sitting: 1 Master Bdrm - Upstairs: 1 Separate Shower: 1 Separate Tub: 1

Pets Allowed YN

Yes: 1

Restrictions

No Restrictions: 1

Storm Protection

Impact Glass: Complete Permanent Generator: Whole House

Tax Information

City/County: 1 Homestead Exemption: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Balcony: 1 Deck: 1 Patio: 1

Balcony Details

Balcony - Covered: 1

Patio Details

Patio - Covered: 1 Patio - Open: 1 Patio - Screened: 1

Contingencies

None: 1

Room Types

Den: 1 Family Room: 1 Kitchen: 1 Kitchen Level: Main Laundry: 1 Living Room: 1 Living Room Level: Main Master Bedroom: 1 Master Bedroom Level: Upper

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

Current Price To SqFt: 1381.31 Original List Price To Close Price: 1.01

Acreage Description

1/4 To Less Than 1/2 Acre Lot: 1

Originating Details

Originating System Key: 20240906175541964944000000 Originating System ID: M00000170

Property Features

Accessibility Features: Accessible Elevator Installed Dining Area: Breakfast Area; Dining/Living Room; Eat-In Kitchen; Formal Dining Electric: Three Phase Exterior Features: Built-in Barbecue; Custom Lighting; Summer Kitchen Fireplace Features: Decorative Flooring: Ceramic Tile; Marble; Wood Parking Features: Circular Driveway; Garage Door Opener; Attached Garage; Garage Property Condition: Resale Spa Features: Heated; In Ground Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Ice Maker; Microwave; Refrigerator; Washer; Water Heater; Cooktop Water Heater Details: Electric Water Heater Architectural Style: Colonial Boat and Dock Features: Lift; Private Dock Construction Materials: CBS; Concrete; Second/Third Floor Concrete; Stucco Cooling: Ceiling Fan(s); Central Air Fencing: Fenced Heating: Central; Electric Interior Features: Bar; Bedroom Layout - Split; Built-in Features; Cathedral Ceiling(s); Central Vacuum; Closet Cabinetry; Elevator; Entrance Foyer; French Doors; High Ceilings; Kitchen Island; Pantry; Storage; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Inside; Laundry Closet Listing Terms: Assumable; Cash; Conventional Lot Features: Cul-De-Sac Pets Allowed YN: Yes Pool Features: Heated; In Ground; Salt Water Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Road Frontage Type: East of US-1 Road Surface Type: Paved Roof: Metal Security Features: Fire Alarm; Security System; Security System Owned; Smoke Detector(s) Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Tax Information: City/County; Homestead Exemption Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available Water Access: No Fixed Bridge; Ocean Access Water Source: Public Water View: Canal Waterfront Features: Intracoastal; Seawall; No Fixed Bridges Window Features: Blinds Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Schedule Online; Text Listing Agent Outdoor Living Spaces: Balcony; Deck; Patio Balcony Details: Balcony - Covered Patio Details: Patio - Covered; Patio - Open; Patio - Screened Contingencies: None Room Types: Den; Family Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Room Information

Living Room Length: 20.00 Length: 20.00 Width: 20.00 Width: 20.00 Level: Main Kitchen Length: 30.00 Length: 30.00 Width: 15.00 Width: 15.00 Level: Main Master Bedroom Length: 20.00 Length: 20.00 Width: 20.00 Width: 20.00 Level: Upper Family Room Laundry
Listing Office: Compass Florida LLC
IDX
Last Updated: January - 13 - 2026
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