876 Forsyth Street, Boca Raton FL 33487, BOCA RATON, FL, 33487
Active55 days on marketListed Jun 20, 2026MLS #B26044550
About this home
876 Forsyth Street, Boca Raton FL 33487
Tucked away on a quiet cul-de-sac within Boca Keys, this premier deepwater homesite presents an exceptional opportunity to build a custom waterfront estate in one of Boca Raton's most coveted boating communities. This 9,932 sq. ft. parcel (approximately 90 ft. x 110 ft.) is cleared and ready for construction, with utilities available at the street for easy hookup. Zoned R-1-B (Single-Family Residential), the property is ideal for designing a custom 5,000+ sq. ft. luxury residence. Boasting approximately 90 feet of water frontage, a newly constructed seawall, and a substantial concrete dock capable of accommodating up to a 70-foot vessel, it is perfectly suited for those who appreciate life on the water. Situated with no fixed bridges and direct ocean access, enjoy effortless navigation to the Intracoastal Waterway in minutes and reach Lake Boca and the Boca Inlet in approximately five miles. Southeastern backyard exposure enhances the waterfront setting. Ideally located just four miles from downtown Boca Raton and moments from world-class dining, shopping, private aviation, pristine beaches, and premier golf and country clubs, this rare offering delivers the ultimate blend of luxury, privacy, convenience, and an unparalleled South Florida boating lifestyle. Some images have been virtually rendered or staged to illustrate the potential of a future custom residence.
Facts & features
The home at a glance
0.23 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$23,196 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$23,196/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Boca Keys
Get to know Boca Raton. See the full Boca Raton guide →
Boca Keys — neighborhood snapshot
Population
861
Median age
56
Median income
$115,306
Median home value
$767,200
Avg household
2
Households w/ children
101
For the school run
Palm Beach County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Boca Raton market
$3.6M → $710K
Boca Raton median sold, yr/yr
93.4%
Sale-to-list ratio (12 mo)
Median sold price, Boca Raton, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 833% above the BOCA RATON 33487 median. See the full Boca Raton market guide →
Paper trail
This home's history
Reality check
What actually sold near 876 Forsyth Street
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$4,000,000
872 Glouchester Street, Boca Raton FL 33487 · same community
5 bd · 4 ba · 3,603 sqft · $1,110/sqft · 196 DOM
Sold · Jun ’26$250,000
3939 NE 5th Avenue # C102, Boca Raton FL 33431
2 bd · 2 ba · 873 sqft · $286/sqft · 7 DOM
Sold · Jun ’26$379,000
3912 S Ocean Boulevard # 607, Highland Beach FL 33487
1 bd · 1.5 ba · 956 sqft · $396/sqft · 189 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 876 Forsyth Street — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 876 Forsyth Street — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
876 Forsyth Street FAQs
What would the monthly payment be for 876 Forsyth Street, Boca Raton FL 33487?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $23,196/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 876 Forsyth Street, Boca Raton FL 33487?+
The most recent tax bill on record (2025) was $34,048. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Boca Raton?+
At $3,499,999, this home is listed about 536% above the Boca Raton median of $549,900. The market section on this page shows how the area is trending.
Which schools are assigned to 876 Forsyth Street, Boca Raton FL 33487?+
J. C. Mitchell Elementary School (elementary), Boca Raton Community High School (high), Boca Raton Community Middle School (middle), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$3,499,999 runs 833% above the BOCA RATON 33487 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
J. C. Mitchell Elementary School, Boca Raton Community High School, Boca Raton Community Middle School, Glades Construction Academy At West Technical — Boca Raton Community High School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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