Boca Del Mar Real Estate & Community Information in Florida
The Boca Del Mar Community is a master-planned community located in the heart of Boca Raton, FL which is equidistant from Miami, FL and West Palm Beach, FL. The subdivision of Boca Del Mar has a land area of approximately four square miles and is home to nearly 24,000 residents and makes a lovely addition to Palm Beach County. Various commuter freeways and highways, including I-95 and the Florida Turnpike, provide convenient access to and from the neighborhood. For those dependent on air travel for either business or pleasure, Fort Lauderdale/Hollywood International and Palm Beach International Airports are both about twenty miles away.
The economy within the region is also diverse and affluent with various industries providing employment opportunities. Residents with children from grades K-12 will find proper educational amenities through the Palm Beach County School District. Those in pursuit of a degree in higher education will find several nearby college and university campuses, including University of Miami, Florida Atlantic University which is located in Boca Raton, and Nova Southeastern University. Recreational and cultural opportunities can be found in and around the neighborhood and include the Boca Raton Museum of Art and Butterfly World. Average temperatures year-round stay within the ranges of the low 70s to the high 80s.
Real Estate Market: Price Range of Boca Del Mar Houses
The real estate market in Boca Del Mar is comprised of single family homes, townhouses and condominiums with near equal opportunities to purchase an affordably priced home. A standard 3-bedroom home equipped with 2 bathrooms in Boca Del Mar can be purchased for as little as $175,000 up to $750,000. Slightly larger 4-bedroom homes with 3 bathrooms can be found listed for $250,000 to upwards of $1 million. Larger estate properties with 5 or more bedrooms and three bathrooms can be acquired from about $850,000 to well over $2 million. A typical Boca Del Mar condominium with 2 bedrooms and 2 baths can be purchased for less than $100,000.
Boca Del Mar Real Estate Stats and Trends for the week of March 3rd, 2014: homes priced around $387,063 compared to $381,004 the previous week, showing a increase of more than +2%. For Friday, March 7th, the current national mortgage rate for a 30 year fixed mortgage is 4.39%; the 15 year fixed rate is at 3.42%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 3.76%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Boca Del Mar FL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Boca Del Mar to help you find the best home!