Island Lakes
Homes for Sale in Boca Raton, FL

Island Lakes Sec 1 2 is a low-churn Boca Raton residential pocket with minimal turnover. MLS data shows no community amenities flagged in recent listings, so this is strictly a single-family enclave valued on location, lot, and home condition.

BeachesMLS sales records identify 137 homes in Island Lakes that have changed hands since 2001, built between 1987 and 1999 (median 1989), with a median living area of about 2,518 sq ft and a typical 4-bedroom, 2.5-bath layout; 100% are single-family homes. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

County records show 14 qualified sales in Island Lakes across 2024–2025 (7 in 2024, 7 in 2025), median $900,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Island Lakes is too small for its own price trend, so here is the market around it.

In ZIP 33498, 87 homes are on the market and 31% are under contract — a fast-moving corner of Boca Raton.

Across Palm Beach County, 10,960 homes are active and 2,777 pending (20% under contract).

In ZIP 33498 (Boca Raton), 38 homes closed in the last 12 months at a median of $710K ($331/sq ft), with a median 20 days on market. Right now 2 active and 3 pending listings put supply at about 0.6 months — a strong market. See the live ZIP 33498 housing market and the Palm Beach County market.

ZIP and county figures describe the wider market, not Island Lakes specifically. Momentum Research analysis of MLS records.

• Sandpiper Shores (Palm Beach) · Elementary
• Loggers Run Community · Middle
• West Boca Raton · High

Zoned schools reflect the assignments reported on recent Island Lakes listings and can change; always confirm with Palm Beach County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Island Lakes address.

Island Lakes Sec 1 2 sits in a part of Boca Raton that trades on proximity to retail, employment corridors, and beach access rather than gated amenities or association facilities. The MLS snapshot shows no pools, clubhouses, or HOA features driving value — this is pure residential real estate, where your lot, your structure, and your updates are the price levers.

With only one closing on record in the past year, this is not a neighborhood where you'll find a steady comp trail or predictable bidding behavior. Sellers hold properties for long stretches, and when something does list, it competes regionally rather than within a tight micro-market. That means pricing discipline matters: overreach and you'll sit, but position correctly against Palm Beach County averages and the right buyer will emerge.

The absence of amenity infrastructure also means lower HOA overhead and no shared-facility politics. You're buying into a residential streetscape, not a lifestyle brand. For some buyers, that simplicity is the entire appeal.

In a neighborhood with sparse transaction history and no amenity layer to anchor pricing, Momentum's regional market intelligence becomes essential. We use countywide comp grids, condition-adjusted analysis, and honest pricing conversations to position you correctly — whether you're buying into a market with thin inventory or selling into one where the next comparable may not surface for months. We'll tell you when to wait and when to move.