701 Tern Point Circle, Boca Raton, FL 33431 (MLS# R10933807)

701 Tern Point Circle, Boca Raton, FL 33431

$7,500,000

Property Type: Residential Bedrooms: 5 Baths: 9 Square Footage: 9,614 Status: Closed

Current Price: $7,500,000 List Date: 11/06/2023 Last Modified: 1/14/2026

Overview

Description

Chic Montecito style meets this Sanctuary deepwater estate sited on 116+/- feet of waterfrontage originally built by Palm Beach builder Addison Development and interiors by Marc-Michaels. Authentic Spanish Colonial influenced interiors boast rich hardwood floors, terra cotta and gorgeous tough and groove beamed wood ceilings and gentle archways sets the stage for glamorous living. Lavish Primary suite includes two baths (one in the new Dior boutique vibe ) , lounge, exercise room and waterway balcony . Reimaged resort-styled pool/patio is enhanced with water features and sculpture garden, Loggia with professional bar and summer kitchen and Cabana. Shown by appt only.

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Listing Details MLS# R10933807

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 9
Bathrooms Full: 6
Bathrooms Half: 3
Building Area Main: 9614
Building Area Source: Public Records
Living Area Main: 7664
Year Built: 1997
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 3
Covered Spaces: 3
Gated Community YN: Yes
Lot Size Dimensions: 13,036 SQ FT APPRX
Frontage Length: 116
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: South
Fireplace YN: Yes
Pool Private YN: Yes
Furnished: Furnished

Property Features

Association Fee Includes: Cable TV; Common Areas; Security Dining Area: Breakfast Area; Formal Dining Exterior Features: Built-in Barbecue Flooring: Carpet; Wood; Other Parking Features: Garage Door Opener; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Refrigerator; Washer Architectural Style: Mediterranean Boat and Dock Features: Private Dock Construction Materials: CBS Cooling: Central Air; Zoned Association Type: Homeowner Association Heating: Central; Zoned Interior Features: Bedroom Layout - Split; Cabana Bath; Cathedral Ceiling(s); Elevator; Entrance Foyer; French Doors; Pantry; Roman Tub; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Inside; Laundry Closet; Laundry Tub Levels: Multi/Split Listing Terms: Cash Pets Allowed YN: Yes Pool Features: In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Spanish Tile Security Features: Gated with Guard; Security Patrol Sewer: Public Sewer Sprinkler Description: Auto Sprinkler; Zoned Sprinkler Tax Information: City/County Utilities: Sewer Available; Water Available Water Access: Ocean Access Water Source: Public Water View: Canal Waterfront Features: Canal Front Showing Requirements: 24 Hour Notice; Appointment Only; Listing Agent Must Accompany Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Covered Patio Details: Patio - Covered Contingencies: None Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Den; Dining Room; Family Room; Great Room; Kitchen; Laundry; Living Room; Maid/In-Law Quarters; Master Bedroom; Utility Room

Contract Information

Comp Sale YN: No
Listing Contract Date: 2023-11-06
Original List Price: 8950000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 701
Street Name: Tern Point
Street Suffix: Circle
City Name: Boca Raton
State Or Province: FL
Postal Code: 33431
Postal Zip: 33431
Subdivision Name: THE SANCTUARY
Development Name: THE SANCTUARY
Area: 4180
Geographic Area: PB02
Special Assessment YN: No
Parcel Number: 06434708200000510
Zoning: RESIDENT
Directions: Call listing agent for directions.

Financial Information

Association YN: Yes
Association Deposit YN: Yes
Association Deposit Amount: 150
Association Fee: 2054
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 54404
Tax Year: 2024
Tax Legal Description: SANCTUARY LT 51

Remarks and Miscellaneous

Public Historical Remarks: Boat Services:Private Dock Y

More Information

Status Change Information

Major Change Timestamp: 2025-05-07T20:39:47Z
Major Change Type: Status Change
Price Change Timestamp: 2024-12-12T20:36:08Z
Status Change Date: 2025-05-07
Under Contract Date: 2025-04-14
Close Date: 2025-05-07
Close Price: 7500000
Buyer Financing: Cash

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Short Sale Details

Short Sale Addendum: No

Boat and Dock Information

Dock: Yes

Main Level Rooms

Main Level Bathrooms: Yes
Main Level Bedrooms: Yes

Pool Size Details

Pool Size (WxL): 32 X 16

Storm Protection

Other Protection: Complete

Showing Details

Pet(s) on Premises: Yes

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Room Types

Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Upper
Bedroom 2: Yes
Bedroom 3: Yes
Bedroom 4: Yes
Bedroom 5: Yes
Den: Yes
Dining Room: Yes
Family Room: Yes
Great Room: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Maid/In-Law Quarters: Yes
Master Bedroom: Yes
Utility Room: Yes

Price Calculations

Current Price To SqFt: 978.6
Original List Price To Close Price: 1.19

Originating Details

Originating System Key: 20231103150938048149000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

Tennis Court(s): Yes

Association Fee Includes

Cable TV: Yes
Common Areas: Yes
Security: Yes

Dining Area

Breakfast Area: Yes
Formal Dining: Yes

Exterior Features

Built-in Barbecue: Yes

Flooring

Carpet: Yes
Wood: Yes
Other: Yes

Parking Features

Garage Door Opener: Yes
Attached Garage: Yes
Garage: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Sewer Available: Yes
Water Available: Yes

Heating

Central: Yes
Zoned: Yes

Sprinkler Description

Auto Sprinkler: Yes
Zoned Sprinkler: Yes

Water Access

Ocean Access: Yes

Water View

Canal: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Free-Standing Freezer: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

CBS: Yes

Interior Features

Bedroom Layout - Split: Yes
Cabana Bath: Yes
Cathedral Ceiling(s): Yes
Elevator: Yes
Entrance Foyer: Yes
French Doors: Yes
Pantry: Yes
Roman Tub: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet(s): Yes

Land Lease Information

Land Lease Remarks: No

Laundry Features

Inside: Yes
Laundry Closet: Yes
Laundry Tub: Yes

Levels

Multi/Split: Yes

Listing Terms

Cash: Yes

Pool Features

In Ground: Yes

Roof

Spanish Tile: Yes

Security Features

Gated with Guard: Yes
Security Patrol: Yes

Water Source

Public: Yes

Waterfront Features

Canal Front: Yes

Architectural Style

Mediterranean: Yes

Boat and Dock Features

Private Dock: Yes

Recreation Lease Information

Recreation Lease Remarks: No

Cooling

Central Air: Yes
Zoned: Yes

Association Type

Homeowner Association: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Listing Agent Must Accompany: Yes

Master Bedroom/Bath

2 Master Baths: Yes
Master Bdrm - Sitting: Yes
Master Bdrm - Upstairs: Yes
Separate Shower: Yes
Separate Tub: Yes

Pets Allowed YN

Yes: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Balcony: Yes
Patio: Yes

Balcony Details

Balcony - Covered: Yes

Patio Details

Patio - Covered: Yes

Contingencies

None: Yes

Room Information

Bedroom 2 Length: 22.00 Length: 22.00 Width: 16.00 Width: 16.00 Bedroom 3 Length: 16.00 Length: 16.00 Width: 14.00 Width: 14.00 Bedroom 4 Length: 32.00 Length: 32.00 Width: 14.00 Width: 14.00 Bedroom 5 Length: 14.00 Length: 14.00 Width: 10.00 Width: 10.00 Den Length: 20.00 Length: 20.00 Width: 14.00 Width: 14.00 Dining Room Length: 22.00 Length: 22.00 Width: 17.00 Width: 17.00 Family Room Length: 43.00 Length: 43.00 Width: 18.00 Width: 18.00 Kitchen Length: 24.00 Length: 24.00 Width: 16.00 Width: 16.00 Level: Main Living Room Length: 32.00 Length: 32.00 Width: 18.00 Width: 18.00 Level: Main Master Bedroom Length: 24.00 Length: 24.00 Width: 19.00 Width: 19.00 Level: Upper Utility Room Length: 10.00 Length: 10.00 Width: 8.00 Width: 8.00 Great Room Maid/In-Law Quarters Laundry

Listing Office: Premier Estate Properties Inc

Last Updated: January - 14 - 2026

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