Back 551 NE Waterway Ln
Off Market

551 NE Waterway Ln

Boca Raton FL 33432

5
4
3
7983 sq. ft.
14353 sq. ft.
Single-Family
Last sold for $8,000,000
Perry MelzerPerry Melzer, last sold this property on 09 July 2025 after 71 days on market.

Overview

Presenting 551 NE Waterway; a east-facing waterfront point lot marvel boasting an impressive 200+ ft of waterfront dockage with a total of 7,983sf. This expansive 5/4.1 with bonus truly one-of-a-kind property located in Boca Raton's prestigious Golden Harbour. Inside, the open-concept layout welcomes natural light, highlighting custom finishes & creating a seamless flow throughout the home. This residence isn't just a home--it's a curated art gallery with soaring ceilings throughout. The expansive primary suite includes generous closets, a private balcony overlooking the water, a massage room and a lavish windowed master bath designed for indulgence. Outside, the infinity-edge pool flows effortlessly into panoramic water views. Complete with a gas fire pit, boat lift and jet ski lif

Features

5 bedrooms
4 bathrooms
3 carspaces
3 garage spaces
7983 sq. ft. floor area
14353 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Boca Raton over the last 12 months, the estimated median property value of 551 NE Waterway Ln is $6.45m.

Median value
$6.45m
Estimated value range
$875k - $31.5m
Median days on market
100
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Boca Raton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 551 NE Waterway Ln

2025
Sold
$8,000,000
09 Jul 2025 by Perry Melzer, of Compass Florida LLC
2024
Sold
$7,850,000
07 Oct 2024 by Ina Bloom, of COMPASS FLORIDA LLC
2021
Sold
$5,500,000
31 Mar 2021 by Diane Carol Paez

Happy sellers in Boca Raton

79%
79% of sellers in Boca Raton reported that their sale price either exceeded or met their price expectations.

Boca Raton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Boca Raton over the last 12 months.

Local market activity for 5 bedroom single-family properties in Boca Raton

In the last 12 months, 47 five-bedroom single-family properties similar to 551 NE Waterway Ln, have been sold.

This represents a 20% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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