A newly constructed waterfront estate in Boca Raton has officially closed, marking one of the area’s most notable luxury sales of the year. The Light Group’s Michael Light and Ian Gelerman represented the buyers. The home at 721 NE 34th St. was originally offered at $6,249,000, sold for $5,850,000, underscoring continued demand for new construction waterfront properties even as buyers remain price conscious at the top of the market.
Completed in 2025, this modern coastal residence delivers 5,556 square feet of interior living space and 7,699 total square feet on a 13,564-square-foot waterfront lot. Designed for both everyday living and large-scale entertaining, the home offers five bedrooms and five-and-a-half bathrooms with thoughtful layouts that maximize water views and indoor-outdoor flow.
The exterior sets the tone immediately. A resort-style pool deck features a private pool, spa and summer kitchen creating a true year-round entertaining environment. With direct-water access and dockage suitable for a medium sized vessel, the property offers the rare combination of boating convenience and walkable beach proximity that continues to define Boca Raton’s most desirable waterfront addresses.
Inside, clean architectural lines and modern finishes reflect the craftsmanship of Elysee Homes, one of Boca Raton’s premier custom builders. The main living level is anchored by a spacious primary suite positioned to capture serene water views while maintaining privacy. Designed as a personal retreat, the suite offers a calming contrast to the open entertaining spaces found throughout the rest of the home.
A flexible office or den functions seamlessly as a fifth bedroom, allowing the residence to adapt to a range of lifestyle needs including work-from-home living, guest accommodations or multigenerational use. Every detail throughout the home was executed with intention, blending modern elegance with comfort and functionality.
This sale highlights several ongoing trends in Boca Raton’s luxury market. New construction continues to command strong interest, particularly for homes located directly on the water with modern design, boat access and resort-style amenities. While buyers are increasingly selective, well-built properties with prime locations remain highly competitive and continue to achieve impressive sale prices.
Waterfront inventory in Boca Raton remains limited, especially for brand-new homes that offer both boating and beach access. As a result, properties like this continue to attract attention from both local and out-of-state buyers seeking long-term value, lifestyle appeal and architectural quality.
This successful closing serves as another reminder that exceptional waterfront homes in Boca Raton continue to perform even in a shifting luxury landscape. For sellers, pricing strategy and presentation remain critical. For buyers, opportunities still exist for those ready to act decisively when the right property becomes available.
If you are considering buying or selling a luxury waterfront home in Boca Raton or anywhere across South Florida, staying informed on market activity like this is key to making confident decisions. If you are interested in learning more about the South Florida luxury real estate market, please contact Broker Michael Light, Executive Director of Luxury Sales at Douglas Elliman Real Estate, or Sales Associate Ian Gelerman. You may reach Michael directly at 786.566.1700 or michael@miamiluxuryhomes.com or Ian at 305.432.6630 or ian@miamiluxuryhomes.com.
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Photo Credit: Lenson Realty