698 NW 7th Ave

Boca Raton, FL 33486

$1,400,000

$860/ft²

4Beds

2Baths

1,627Sq ft

1961Year built

Single-family homeType

About this home

Rare opportunity in the highly sought-after Old Floresta neighborhood of East Boca Raton! Situated on a prime corner lot along the scenic El Rio Canal. This exceptional property offers endless possibilities for builders, investors, or buyers looking to renovate and create their dream waterfront home. The existing residence features 4 bedrooms, 2 bathrooms, 1,627 square feet under air, a garage, and a screened-in pool. Whether you choose to renovate or build new, the unbeatable location makes this a truly scarce offering. True boaters paradise, with ocean access via both the Boca Raton Inlet and Hillsboro Inlet, providing easy access to the Intracoastal Waterway and beyond. Nestled in one of East Boca's most desirable neighborhoods, you're minutes from Mizner Park's premier shopping, dining, and entertainment, pristine beaches, and served by top-rated Boca Raton schools. Opportunities like this are few and far between.

Features

Waterfront

Property details

Listing

MLS #: A12044543
Status: For sale
Listed on: Jun 28, 2026
Days on market: 43 days
Listing data updated: Jun 28, 2026

Interior

Beds: 4
Baths: 2
Living area: 1,627 ft²
Price per ft²: $860/ft²

Building & community

Type: Single-family home
Year built: 1961
County: Palm Beach

Lot & exterior

Lot size: 7,815 ft²
Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $7,079
Property taxes (est.): $1,283
Home insurance (est.): $600
Flood insurance (est.): —

Estimated total$8,962*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?