If nothing else, the thirty-one-and-a-half square miles that form the Boca Raton footprint in South Florida represents diversely lavish lifestyles. From the ocean moving west across I95, past the Florida Turnpike, to Lyons Road (and beyond), there's every real estate configuration one can imagine. Country clubs like Broken Sound, Woodfield, and Boca West draw members from far and wide. Resort-style modern communities with everything the CCs have (barring golf) welcome residents willing to buy homes in the millions of dollars for an unsurpassed luxurious lifestyle. GL Homes and Toll Brothers lead this category with Boca Bridges, Seven Bridges, Lotus, Azura, and Royal Palm Polo. Then, there are the iconic one-of-a-kind enclaves like Le Lac (watersports), Horseshoe Acres (horses and farming), and Old Floresta (historic East Boca pedigree). Tennis neighborhoods such as Seasons, Newport Bay, and Boca Bath thrive, as do numerous other verticals. However, as compelling and enticing as the above inland developments are, they're missing a massive asset that's front and center of the Boca Bay Colony in Boca Raton. We're talking about deep-water locations on the much sought-after Intracoastal Waterway and its canals (with broad yacht turning basins).
Homes For sale in Boca Bay Colony are in the multi-million dollar range. Why? Because the setting is a boater's and fisherman's paradise with no-fixed-bridges and inlets to the ocean minutes away. Homes in this enclave routinely feature extensive water frontage, with docks up to 125 feet and boat lifts. In most cases, privacy and spaciousness accentuate the neighborhood's natural charm created by a breathtaking landscape containing palm trees and luxurious foliage. Connection to high-end shopping and the hundreds of restaurants downtown and on Atlantic Avenue (next door Delray Beach) is second to none.
Moreover, every facility, convenience, and professional center covering healthcare and resident services are within a two-mile radius of Boca Bay Colony, Boca Raton. Also, travelers in and out of residence find seamless access to the three international airports in the Tri-County area and the one in Boca Raton - a hub for private jets. Finally, inside Boca Bay Colony, there's a community - Walker's Cay. The latter fronts a fantastic (although relatively small) array of waterfront homes stretching from Delray Beach to Boca Raton with 24-hour gated security.
There's an accelerating trend gripping Boca Raton real estate markets that started in 2021, and continues to this day. It's this: Custom builders and wealthy home seekers are buying dated homes built between thirty and sixty years ago for rebuilds on ultra-modern and contemporary platforms. As a result, homes for sale in Boca Bay Colony are hot targets and "flying off the shelf" (see below). In other cases, homeowners established in the community have remodeled, renovated, and reinvented their Mediterranean and South Colonial architecture residences to align with the latest construction technologies. So, expect to find a mixed bag from under 2000 sq. ft. under air (UA) to over 8000 sq. ft, some directly on the Intracoastal and others on attached canals.
In twenty minutes, beach lovers and golfing residents in this waterfront arena can be on the white sands or links north and south. Is there an underlying theme that defines Boca Bay Colony? We'd say yes, it has an Old Key West feeling that seems to have endured for decades. Now let's look at what's happening sales-wise on the real estate front in this iconic Intracoastal section of the Boca Raton-Delray Beach corridor:
HOA fees are nominal at $17 monthly. The Canal and Intracoastal lifestyle have solid traction, and the redevelopment of properties up and down the Boca Bay Colony community is nothing short of mind-boggling. Prices have escalated astonishingly in just two years, leaving $1000 per sq. ft. in the dust. If you buy a waterfront location for less than that metric, count it as a bargain. We also suggest looking at Boca Harbour and Lake Rogers Isle for comparisons. Alternatively, explore neighborhoods a little inland like Old Floresta if you want to build from scratch near the ocean.
Where you live in Boca Raton determines which public schools your children may attend, and this in turn effects real estate values. Homes for sale in Boca Bay Colony are zoned for the following Palm Beach County school districts: