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1001 NE 2nd Terrace, Boca Raton, FL, 33432

2beds
1baths
1,006sqft
$2,000,000
$1,988price/sqft
$13,820/moest. monthly cost
$552,800/yrincome needed

About This Home

Here is your chance to own a piece of gold in the Golden Triangle! This rare opportunity in Boca Villas is situated on one of the most prestigious blocks in the neighborhood and surrounded by multi-million dollar estates. Walk to Mizner and enjoy world-class dining and shopping or head over to the world-renowned The Boca Raton Resort & Beach Club just minutes away. This 2 bedroom home offers the perfect homeowner a chance to move into, hold as investment, or build. The lot features 80 feet of frontage and 109 feet of depth to get creative and build your dream home!

Getting Around

73
WalkingVery Walkable
38
TransitSome Transit
87
BikeVery Bikeable

Schools

Construction

Condition

  • Property condition: Resale
  • Year built: 1956

Materials

  • Roof: Barrel
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Disposal,Gas Range,Oven,Refrigerator,Water Softener,Water Heater,Water Purifier,Washer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Bedroom on Main Level
  • Flooring: Other

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total interior livable area: 1,006 sqft

Property

Details

  • Parcel number: 06434720180090050
  • Zoning: R1D (city)

Features

  • Levels: One
  • Stories: 1
  • Entry location: First Floor Entry

Lot

  • Lot size: 8,716 sqft

Parking

  • Total spaces: 1
  • Parking features: Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Palm Beach County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $10,113$121,356
Home Insurance *$1,027$12,324
Property Taxes $2,483$29,796
Electricity $197$2,366
Total$13,820$165,840
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$473,828/yr
40% on housing$414,600/yr
45% on housing$368,533/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,988This listing

vs Other Active Listings

Avg $/sqft

ZIP 33432$949
Palm Beach County$443

vs Homes Sold Last Month

Median $/sqft

ZIP 33432$996
Palm Beach County$365

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-03Price change$1,950,000
2025-11-18Listed for sale$1,975,000

For Sale by Agent

AgentChristopher Scoppettone
BrokerageDouglas Elliman

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