Spanish River Land
Homes for Sale in Boca Raton, FL
All 1,700 homes for sale in Boca Raton, FL · median $569,500 · 342 homes for sale in 33432 · Palm Beach County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Beaches MLS
As of September 2026, Spanish River Land in Boca Raton, FL has 2 homes for sale. Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $2,800,000, $949 per square foot, a median 63 days on market, sellers accepting 86% of original asking (-0% versus the prior year). Homes listed or recently sold were built 1969–2026 with 3 new construction; 5 listings state no HOA; none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 8 ft). At the median price and Palm Beach County's FY2025-26 rate of 18.72 mills, annual property tax runs about $52,410 ($51,640 with the full homestead exemption).
| Location | Boca Raton, Palm Beach County, FL · ZIP 33432 |
|---|---|
| Homes in the community | 205 (FL DOR 2025 assessment roll) |
| Years built | 1935–2025 (median 1972) |
| Typical living area | 2,389 sq ft (median) |
| Home types (current listings and sales) | single-family 88%, townhouses 12% |
| Amenities listed by sellers | Security System, Fire Alarm, Gated - No Guard, None, Beach Access, Closed Circuit Camera(s) |
| Sale prices, last 12 months | $2,800,000 median across 3 closed sales · $949 per sq ft · -0.4% vs the prior 12 months |
| Days on market (closed sales) | 63 median |
| For sale right now | 2 active, 3 pending · median asking $4,247,500 · 8.0 months of supply |
| Owner-occupied (homestead) share | 48% |
Data as of September 20, 2026. 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; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Spanish River Land key facts,” movewithmomentum.com/neighborhoods/spanish-river-land, data as of September 20, 2026.
Last 30 days in Spanish River Land: 2 new listings (median asking $4,247,500), 3 under contract right now. As of September 23, 2026, 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.
Spanish River Land in Boca Raton is a market anchored by a $2.8 million median price and a median per-square-foot of $949, making it one of the most substantial purchases in Palm Beach County. With just three closings in the latest window and a median time-on-market of 63 days, this is not a high-velocity community — it is a place where each transaction is deliberate and highly specific to the property.
Year-over-year pricing is essentially flat (down four-tenths of a percent), but the long view tells the story: prices have more than tripled since the baseline period. At this price tier, condition, siting, and privacy drive variance more than general market timing. A market-heat score of 42 suggests balanced leverage; neither buyers nor sellers hold overwhelming advantage, and both sides should come prepared to negotiate on terms, not just price.
Spanish River Land right now
🟢 Buyer-leaning market. 8.0 months of supply and 60% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Beaches MLS records, as of September 20, 2026. Confidence: Medium (5 active and pending listings, 3 closed sales in 12 months).
🟡 Off the recent peak. The trailing-12-month median ($2.80M) is down 0.4% from the prior 12 months ($2.81M) and up 264% since 2012. 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 September 20. Confidence: Low (3 and 4 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 24, 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
Spanish River Land market snapshot (as of September 20, 2026): the median sale price is about $2.80M ($949 per sq ft over the trailing 12 months of closed sales), a median 63 days on market for closed sales, and 8.0 months of supply, a buyer-leaning market. The trailing-12-month median is down 0% from the prior 12 months and up 264% since 2012, computed from record-level Beaches MLS closed sales (3 closings in the current window).
In ZIP 33432 (Boca Raton), 677 homes closed in the last 12 months at a median of $1.05M ($523/sq ft), up 5.4% year over year, with a median 69 days on market. Right now 164 active and 43 pending listings put supply at about 4.7 months — a buyer's market. See the live ZIP 33432 housing market and the Palm Beach County market.
County records show 13 qualified sales in Spanish River Land across 2024–2025 (8 in 2024, 5 in 2025), median $7.28M — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Spanish River Land is a community of 205 homes in Boca Raton, Palm Beach County, built between 1935 and 2025 (median 1972), with a median living area of about 2,389 square feet. 48% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Spanish River Land sits in Boca Raton's upper price tier, where the median sale reaches $2.8 million and transactions move deliberately — three closings in the recent window, 63 days on market, and year-over-year pricing that has held essentially flat after years of substantial appreciation.
The setting & the homes.
Aerial and on-site photos of Spanish River Land. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Spanish River LandPhotos from Beaches MLS listings in Spanish River Land; content deemed reliable but not guaranteed.
Who Spanish River Land is best for.
Best for
- Buyers with a budget at or above the $2.8 million median who prioritize Boca Raton's coastal proximity and are prepared to negotiate on condition and finish.
- Households planning a long hold — five years minimum — who can afford to wait for the right buyer if life circumstances force a sale.
- Investors or second-home buyers who understand that at this price tier, updates and staging are non-negotiable to command the median or better.
Probably not for
- Buyers stretching to the price ceiling who cannot absorb unexpected repair or update costs after closing — condition gaps are expensive here.
- Anyone banking on quick appreciation or a liquid resale market — this is a long-term play in a low-turnover segment.
- Households who need predictable, fast liquidity — the buyer pool at this price is narrow, and DOM will stretch if your home is not exceptional.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($2.80M) IS the median in the snapshot above, and the move from 2025 ($2.81M) IS the -0.4% one-year change.
Windows contain 1 to 9 sales each (3 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.
16% of homes for sale in ZIP 33432 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-24).
Spanish River Land Market Scorecard
Spanish River Land is currently a buyer-leaning market. About 8.0 months of supply, a median asking price of $4,247,500, and homes go under contract in about 23 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Beaches MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Spanish River Land
Live MLS inventory for Spanish River Land. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 23 daysTop listingActive · 16 daysPending · 172 daysPending · 1 daysPending · 30 daysActive and pending Spanish River Land listings as of 2026-09-22, priced high to low. 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. Tap any home to ask about it.
Every Home for Sale in Spanish River Land Right Now (5)
All 5 active and pending Spanish River Land listings with a detail page, newest first, refreshed twice a day from the MLS.
- 1401 Banyan Road · $12,000,000 · 5 bd / 7 ba · pending · listed Sep 10, 2026 · listed by Douglas Elliman
- 811 SE 31st Street · $3,500,000 · 6 bd / 4 ba · listed Sep 4, 2026 · listed by Serhant
- 3093 Banyan Road · $4,995,000 · 5 bd / 6 ba · listed Aug 28, 2026 · listed by Tangent Realty Corp
- 3097 Banyan Road · $2,995,000 · 4 bd / 4.5 ba · pending · listed Aug 11, 2026 · listed by Serhant
- 2989 Spanish River Road · $24,995,000 · 6 bd / 11 ba · pending · listed Jun 25, 2026 · listed by Serhant
Spanish River Land on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Beaches MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Palm Beach County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Boca Raton · Elementary
- Boca Raton Community · Middle
- Boca Raton · High
Zoned schools reflect the assignments reported on recent Spanish River Land 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 Spanish River Land address.
Shop the zone: Homes zoned for Boca Raton High School
The Spanish River Land buying strategy.
If we were buying in Spanish River Land 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 Spanish River Land.
What the market posture actually means
Spanish River Land occupies a price band where general market heat matters less than the specifics of each listing. The $2.8 million median reflects a market where lot quality, home condition, and privacy command wide spreads in final sale price. A 63-day medianDOM is not slow for this tier — it is typical for buyers who need time to evaluate large properties and negotiate inspection, financing, and closing terms.
The near-zero year-over-year change masks long-term strength: prices have tripled over the reference period, a function of sustained demand for coastal-adjacent land in Boca Raton. The low recent closing count is a feature of this segment, not a warning sign — inventory is scarce, and when the right property lists at the right price, it finds a buyer. The market-heat score of 42 signals a neutral stance: sellers will not get multiple offers on overpriced homes, and buyers will not find desperate sellers willing to negotiate away large amounts of equity. Both sides should expect measured, professional negotiation.
At $949 per square foot, the pricing reflects Boca Raton's established luxury market, but it also means that condition and finish are critical. A dated interior or deferred maintenance will compress value quickly at this price point. For sellers, staging and pre-listing updates are not optional. For buyers, inspection contingencies and realistic repair estimates are essential — there is no cushion for surprises at this price level.
The location and the amenities are priced into every listing in Spanish River Land. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Spanish River Land buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 5 factors (4.7). Basis: Long-Term Appreciation +264% since 2012; Recent Direction -0.4% year-over-year; Liquidity & Demand 8.0 months of supply; Owner Commitment 48% owner-occupied; Pricing Power 86.2% sale-to-list. Refreshed with each data update.
Why work with Momentum here
Spanish River Land requires an agent who understands that at this price, every transaction is a negotiation of details, not just a number. Momentum brokers know how to position a listing to justify its ask, how to evaluate comps when recent sales are sparse, and how to counsel buyers on the real cost of condition gaps. We do not rush deals, and we do not assume that a high price means an easy close. In a market where three transactions set the recent baseline, you need representation that treats your home as singular, not statistical.
Spanish River Land in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 Spanish River Land 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 Spanish River Land sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Spanish River Land, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Spanish River Land home worth?
Get a no-obligation home value based on real comparable sales in Spanish River Land, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Spanish River Land?
How long do homes in Spanish River Land take to sell?
Is Spanish River Land a buyer's or seller's market right now?
How many homes are in Spanish River Land?
What share of Spanish River Land is owner-occupied?
When were the homes in Spanish River Land built?
Have Spanish River Land home prices gone up?
Who is the best real estate agent for Spanish River Land?
How do I find a top Boca Raton real estate agent who knows Spanish River Land?
Can Momentum Realty connect me with an agent for Spanish River Land?
Where is Spanish River Land, and what county is it in?
Should you buy in Spanish River Land?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Beaches MLS, refreshed twice daily (last: September 22, 2026) |
| Community market stats | Beaches MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 33432)) |
| Under-contract shares | Beaches MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2001 (137 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?
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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 local comps.
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