Spanish River Land Co Sub Homes for Sale

Spanish River Land Co Sub is a luxury waterfront, luxury community in Boca Raton, Palm Beach County, Florida. Properties are priced from $6,400,000 to $32,000,000. Pure Equity lists homes in Spanish River Land Co Sub and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Spanish River Land Co Sub and the Boca Raton area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 3 Spanish River Land Co Sub Boca Raton homes for sale as of October 2026. The median asking price is $6.39M. Asking prices run from $4.6M to $13M.

That is 1037% above the Boca Raton median of $562,000. On a per-foot basis, homes here ask about $1,219 per square foot, compared with $353 across Boca Raton. So the median price buys roughly 5,250 square feet of living area.

Listings here have averaged 132 days on the market. That tracks the Boca Raton average of 111 days, so pricing and terms follow the wider city market.

Homes listed in Spanish River Land Co Sub date from 1935 to 2024. That puts them between 2 and 91 years old.

The range straddles 2002, when Florida adopted its statewide building code. Therefore two similar-looking homes here can carry very different insurance premiums. Ask for the wind mitigation report on any home you consider, since it drives much of that difference.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Spanish River Land Co Sub includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

Spanish River Land Co Sub has new construction. Builders usually require your agent to register you on the first visit, so bring your agent or call us before you walk in.

At a median near $6.39M, Spanish River Land Co Sub sits in the luxury tier of Boca Raton. Jumbo financing and proof of funds usually come up early in these negotiations.

Here is what the median Spanish River Land Co Sub price means in Florida closing terms. At $6.39M, a 20% down payment comes to about $1.28M, leaving a loan near $5.11M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $17,892. Next, the intangible tax of 0.2% adds about $10,224. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Spanish River Land Co Sub median, that is about $44,730.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Spanish River Land Co Sub listings show assignments to Boca Raton (elementary), Boca Raton Community (middle) and Boca Raton (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.