Caravelle
Homes for Sale in Boca Raton, FL
True comps, carrying-cost math, and listings before the portals.
Caravelle is a Boca Raton enclave trading at a median of $839,000 and $321 per square foot—a price level that reflects the Boca zip code and proximity to beach infrastructure more than any visible amenity package. Current MLS data shows no master association facilities or community rec center, so you are buying the address and the home itself, not a resort-style lifestyle.
The market is tight: homes move in 23 days and values climbed nearly five percent year-over-year, a sign that inventory remains lean and buyer competition persists. With only four closings in the trailing window, sample size is small, but the velocity tells you this is not a neighborhood where sellers wait. If you need time to negotiate or want a bargain, look elsewhere.
Caravelle right now
🟡 Still climbing. The trailing-12-month median ($839K) is up 4.9% from the prior 12 months ($800K). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending July 15. Confidence: Low (4 and 7 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 15, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Caravelle market snapshot (as of July 15, 2026): the median sale price is about $839K ($321 per sq ft over the trailing 12 months of closed sales), and a median 23 days on market for closed sales. The trailing-12-month median is up 5% from the prior 12 months, computed from record-level Beaches MLS closed sales (4 closings in the current window).
Caravelle is a compact Boca Raton pocket with no identified shared amenities, where the median home sells for $839K in under a month and appreciation continues at a mid-single-digit clip.
Who Caravelle is best for.
Best for
- Buyers with budgets near the median who prioritize Boca Raton location over on-site amenities
- Move-up purchasers seeking a quiet, low-turnover enclave with steady appreciation and fast closings
- Investors comfortable with condition-driven pricing and willing to underwrite individual-home fundamentals
Probably not for
- Buyers expecting community pools, fitness centers, or social clubs—the MLS shows none
- First-time purchasers needing flexible closing timelines or extended negotiation windows in a 23-day market
- Bargain hunters looking for distressed inventory or deep discounts in a neighborhood with sustained price momentum
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($839K) IS the median in the snapshot above, and the move from 2025 ($800K) IS the +4.9% one-year change.
Windows contain 1 to 8 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.
The Caravelle buying strategy.
If we were buying in Caravelle today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Caravelle.
What you are actually buying
Caravelle's value proposition is location and individual-home quality, not resort infrastructure. There are no community pools, clubhouses, or tennis courts surfacing in the MLS—this is a residential enclave where each property stands on its own merits. Median price-per-foot of $321 suggests a mix of vintages and finishes; condition and updates will drive wide variation within the neighborhood.
With a 23-day median time on market and year-over-year appreciation near five percent, the pace is brisk but not frenzied. Four closings in the observation window means low turnover—homes rarely hit the market, and when they do, they move. Buyers should come pre-approved and ready to act; sellers inherit pricing power but also inherit scrutiny on condition, since every listing competes in a thin pool.
The location and the amenities are priced into every listing in Caravelle. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Caravelle demands fluency in Boca's micro-market dynamics and the ability to isolate value from address premium. Momentum's analysts price on comps, not emotion, and our agents will walk you through which updates justify the median and which homes are trading on zip code alone. In a low-inventory enclave where every showing counts, you need a broker who knows when to push and when to pass—and we will tell you both.
Caravelle in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Caravelle buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Caravelle sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Caravelle, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Caravelle home worth?
Get a no-obligation home value based on real comparable sales in Caravelle, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Caravelle on the map →
Frequently Asked Questions
What is the median home price in Caravelle?
How long do homes in Caravelle take to sell?
Who is the best real estate agent for Caravelle?
How do I find a top Boca Raton real estate agent who knows Caravelle?
Can Momentum Realty connect me with an agent for Caravelle?
Should you buy in Caravelle?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Beaches MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Beaches MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2001 (91 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live your area comps.
Looking to buy here? Search homes for sale →
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See how Caravelle fits the bigger picture — live prices, inventory, and Momentum Scores:
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