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Boca Raton Real Estate – About Boca Raton

Posted by Friis on February 24, 2019 | | 0


If you are looking to purchase luxury property in South Florida, Boca Raton Real Estate must be the first market to explore. Boca Raton is the southernmost city in Palm Beach County. It has a total area of 29 sqm with beautifully landscaped streets and a total population of 84,392 residents. This population fluctuates seasonally with an increase of almost 20% every year.

Boca Raton: Early History

The tropical climate with an average of 76 F is perfect to enjoy the two-mile stretch of lifeguard-protected beaches. This pristine beach area, isolated and serene, provides a recreational use for the thousands who wish to spend time at the ocean. Although most beach visitors enjoy swimming and beach lounging, provisions are also available for volleyball games, along with recommended areas for canoe/kayak launching, surfing and snorkeling.

The city's early history starts with several investors interested in turning Boca Raton into a resort town. Most famously, Addison Mizner had several projects for resorts and mansions in the area. The city of Boca Raton was originally occupied by the Tequesta tribe, a Native American tribe that was later cleared from the area by the Spanish and the British. The first significant settlement was established in 1895 in the area south of what is now the Palmetto Park Road Bridge.

Around 1904 Japanese farmers of the Yamato Colony converted the land west of Boca Raton into pineapple plantations. The plantation's didn’t last long due to a blight that destroyed much of their crops. By the 1920’s most colonists had returned to Japan. The Japanese heritage survived with the Morikami Museum and Japanese Gardens and the name of NW 51st Street named Yamato Road.

Boca Raton Real Estate Expansion

It was around this time that the first Boca Raton real estate boom attracted investors turning the city into a resort town. The attention of a group of investors headed by renowned architect Addison Mizner worked on several projects for hotels and mansions in the area. It is Mizner's trademark pink tints and architectural style that still dominate architecture throughout the city.

Mizner first constructed the Administrative Buildings and a small hotel to house interested investors. His Ritz-Carlton Cloister Inn was built in 1926, later renamed the Boca Raton Resort & Club, and is one of the only "5 stars" hotels located in Florida. The 1969 addition of its "pink tower" hotel building is visible from miles away as a towering monument on the Intracoastal Waterway.

During World War II much of the land on West Boca was confiscated by the military to be used as the site of the Boca Raton Army Air Force Base. The facility was later donated to Palm Beach County and later became the campus of Florida Atlantic University. After the end of the war, the region expanded under the influence of the construction of IBM’s main complex. The noteworthy IT Company influenced the expansion of I-95 into Southern Florida leading the suburban development of the town.

Current Boca Raton Real Estate Market

As development continued in the 1980’s and 1990’s Boca Raton solidified its position at a premier resort town in South Florida. The Boca Raton Real Estate market features a wide variety of luxury homes. The offerings include lavish waterfront homes in the estate section and Mizner-style enclaves. Including oceanfront condominiums and country club communities. Properties on the Intracoastal with deep-water dockage for boats and yachts are also available.

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  1. 6 beds,  9.1 baths
    8,789 sqft   lot 15,782 sqft
    MLS RX-10507188
  2. 6 beds,  8.2 baths
    9,022 sqft   lot 19,423 sqft
    MLS RX-10507141
  3. 5 beds,  6.1 baths
    8,366 sqft   lot 20,138 sqft
    MLS RX-10507017
  4. 3 beds,  4.1 baths
    3,782 sqft  
    MLS RX-10506302
  5. 5 beds,  7.1 baths
    6,488 sqft   lot 11,265 sqft
    MLS RX-10502670
  6. 4 beds,  5.1 baths
    4,873 sqft   lot 10,909 sqft
    MLS RX-10504803
  7. 3 beds,  4.1 baths
    4,212 sqft  
    MLS RX-10504244
  8. 6 beds,  5.2 baths
    5,467 sqft  
    MLS RX-10504061
  9. 5 beds,  6.2 baths
    6,254 sqft   lot 11,085 sqft
    MLS RX-10503937
  10. 5 beds,  6.2 baths
    5,797 sqft   lot 15,232 sqft
    MLS RX-10503704
  11. 4 beds,  5.1 baths
    5,628 sqft   lot 14,892 sqft
    MLS RX-10503542
  12. 6 beds,  6.1 baths
    6,520 sqft   lot 11,318 sqft
    MLS RX-10503201
  13. 5 beds,  7 baths
    7,000 sqft   lot 15,347 sqft
    MLS RX-10503165
  14. 6 beds,  8.2 baths
    9,421 sqft   lot 13,223 sqft
    MLS RX-10502894
  15. 8 beds,  9.1 baths
    9,241 sqft   lot 30,491 sqft
    MLS RX-10501443
  16. 6 beds,  8.1 baths
    12,354 sqft   lot 1.03 ac
    MLS RX-10501129
  17. 5 beds,  6.2 baths
    7,169 sqft   lot 14,534 sqft
    MLS RX-10501071
  18. 5 beds,  5.2 baths
    6,395 sqft   lot 12,500 sqft
    MLS RX-10501046
  19. 6 beds,  7.2 baths
    7,177 sqft   lot 14,068 sqft
    MLS RX-10500435
  20. 5 beds,  6.2 baths
    6,480 sqft   lot 15,000 sqft
    MLS RX-10500318
  21. 7 beds,  7.1 baths
    6,753 sqft   lot 13,544 sqft
    MLS RX-10499924
  22. 8 beds,  10.1 baths
    10,128 sqft   lot 15,115 sqft
    MLS RX-10499662
  23. 4 beds,  3.1 baths
    3,954 sqft  
    MLS RX-10499545
  24. Price Drop
    3 beds,  3.1 baths
    3,408 sqft   lot 2.20 ac
    MLS RX-10499450
  25. 6 beds,  8.1 baths
    9,448 sqft   lot 17,925 sqft
    MLS RX-10498514
  26. 5 beds,  5.2 baths
    7,648 sqft   lot 19,628 sqft
    MLS RX-10498250
  27. 3 beds,  3.1 baths
    3,646 sqft  
    MLS RX-10498126
  28. 5 beds,  6.1 baths
    6,095 sqft   lot 14,251 sqft
    MLS RX-10497999
  29. 4 beds,  5.2 baths
    6,802 sqft   lot 12,022 sqft
    MLS RX-10497861
  30. 4 beds,  4.1 baths
    5,399 sqft   lot 15,721 sqft
    MLS RX-10496552
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© 2019 Jupiter Tequesta Hobe Sound Multiple Listing Service, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Jupiter Tequesta Hobe Sound Multiple Listing Service, Inc.
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Data last updated: 2/23/19 3:29 PM PST.

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