Spanish River Land Co
Homes for Sale in Boca Raton, FL

Spanish River Land Co market snapshot (as of September 20, 2026): the median sale price is about $3.10M ($1003 per sq ft over the trailing 12 months of closed sales), a median 13 days on market for closed sales, and 5.1 months of supply, a balanced market. The trailing-12-month median is up 68% from the prior 12 months, computed from record-level Beaches MLS closed sales (14 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 16 qualified sales in Spanish River Land Co across 2024–2025 (10 in 2024, 6 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 Co is a community of 256 homes in Boca Raton, Palm Beach County, built between 1933 and 2025 (median 1972), with a median living area of about 2,763 square feet. 53% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Spanish River Land Co Sub sits in East Boca Raton, a historically platted enclave where lot scarcity and coastal proximity define the market more than subdivision amenities. Homes here trade on address, land, and access to Spanish River and the Intracoastal.

• Boca Raton · Elementary
• Boca Raton Community · Middle
• Boca Raton · High

Zoned schools reflect the assignments reported on recent Spanish River Land Co 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 Co address.

Spanish River Land Co Sub has no master-plan clubhouse, no HOA resort complex, no gate attendant. What it has is location: you're minutes from Spanish River Boulevard, the Intracoastal, and the Atlantic, in a part of Boca Raton where buildable single-family parcels are finite. The median price of $3M reflects land value as much as structure; many buyers here are acquiring for teardown-and-rebuild or substantial renovation.

The market heat score of 82 and six-day median DOM tell the story: inventory is absorbed almost immediately. Eleven closings in our trailing window is a thin sample, but the 39.5% year-over-year move suggests either a compositional shift toward higher-end product or aggressive bidding in a supply-constrained zone. Either way, this is not a market where you casually tour and circle back. Listings that hit market in good condition or on premium lots move decisively.

There are no community amenities flagged in current MLS data, so your value proposition is the dirt, the address, and what you choose to build or renovate. The per-square-foot median near $962 is elevated for Boca Raton as a whole but contextually rational for East Boca waterfront-adjacent parcels. You're paying for Spanish River access, walkability to the beach or parks, and a neighborhood fabric that predates most of the master-planned communities farther west.

Markets this tight and this expensive demand precision—on valuation, on builder and architect networks if you're tearing down, and on contract speed when something rare comes available. Momentum's Boca Raton and coastal Palm Beach team knows the East Boca land market, knows what drives per-square-foot premiums in older subdivisions, and will tell you honestly when a listing is overpriced for its lot or condition. We also know when to move fast, and we'll have the comps and the builder referrals ready before you ask.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.