For sale

$4,600,000

Est. $34,073/mo —

•

4,436

sq ft

728 Malaga Dr, Boca Raton, FL 33432

About this home

Experience elevated luxury living in this exceptional residence offering 4 bedrooms, 5 bathrooms, a private office, and a first-floor guest bedroom. Designed with both elegance and functionality in mind, the home features an elevator, whole-house water filtration system, full-house generator, automated window treatments, extensive custom built-ins throughout, and premium Toto toilets with integrated bidets. The resort-style backyard showcases a saltwater pool, spa, artificial turf for low-maintenance outdoor living, and a fully equipped summer kitchen—perfect for entertaining. Every detail has been thoughtfully curated to provide comfort, convenience, and timeless sophistication.

Single-familyProperty Type

2022Year Built

8,790 sq ftLot Size

$1,037Price/Sq.Ft.

3 car garageParking

Listed by Carolina Lara-Arashiro • One Sotheby's International Realty

•305-922-0903 (agent)

•clara@onesothebysrealty.com (agent)

•954-522-2831 (broker)

•MLS@onesothebysrealty.com (broker)

Listed by Andre Duek Roberto de Lima • One Sotheby's International Realty

•954-522-2831 (broker)

•MLS@onesothebysrealty.com (broker)

Listing updated: Oct 10, 2026 at 09:36am

Redfin checked: 2 minutes ago

•Source:MARMLS #A12053086

Payment calculator

$34,073 per month

Principal and interest$25,417

Property taxes

$5,551

HOA dues

Home insurance

$3,105

Utilities

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Next available date: Tuesday, October 20

Open houses

No upcoming open houses.

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Around this home

Schools

K - 12
Preschool & daycare

Boca Raton Elementary School

Public PreK-5 • Assigned • 1.8mi

7/10

Boca Raton Community Middle School

Public 6-8 • Assigned • 3.2mi

8/10

Boca Raton Community High School

Public 9-12 • Assigned • 3.8mi

6/10

Provided by GreatSchools

About Spanish River

Land

Spanish River Land, located between Spanish River Blvd and the Intracoastal Waterway, is a coastal and residential Boca Raton neighborhood with deep-lot estates and a canopy of mature palms. The neighborhood’s character concentrates around the Spanish River Blvd corridor near NE 5th Ave, where low-slung gates, manicured hedges, and a quiet, yacht-country rhythm set the tone. Architecture leans Mediterranean Revival and contemporary waterfront builds, with private docks and long driveways shaping the streetscape. Days orbit around the sand and dunes at Spanish River Park and the shoreline at Red Reef Park. Cultural touchstones nearby include the Boca Raton Museum of Art and Mizner Park Amphitheater for gallery nights and open-air performances. Dining landmarks such as Trattoria Romana and The Blue Dog Cookhouse & Bar add a polished, local cadence to evenings.

Provided by Walk Score and Local Logic

Offer insights

728 Malaga Dr · $4,600,000

Strong offer

$4.51M and above

75% chance or better to win

Why $4.51M+ is a strong offer

DAYS ON MARKET

The average home goes pending in 72 days.

SALE-TO-LIST

Most homes are selling 4% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Blinds
Impact glass windows
Elevator installed
Furnishing negotiable
Bathtub
Dual sinks
Separate shower
First-floor entry
Loft

Bedrooms
Bedroom on main level

Bathrooms
5 full bathrooms

Kitchen
Built-in oven
Self-cleaning oven
Gas range
Microwave
Refrigerator
Dishwasher
Garbage disposal
Icemaker
Wine cooler
Water purifier

Laundry & utility
Washer
Dryer

Flooring
Hardwood
Marble
Tile
Wood

Heating & cooling
Central heating
Central air conditioning

Sale and tax history for 728 Malaga Dr

Sale History
Tax History

Date

Event

Price

MARMLS #A12053086

Jul 15, 2026

Listed

$4,600,000

$1,037/sq ft

Public Records

Jan 11, 2023

Sold

$4,200,000

$947/sq ft

Beaches MLS #R10685709

Apr 2, 2021

Sold

$820,000

$185/sq ft

Feb 10, 2021

Pending

—

Feb 1, 2021

Contingent

—

Jan 19, 2021

Listed

$850,000

$192/sq ft

Steps to the ocean in in one of East Boca's premier neighborhoods, 3 Bedroom 2 Bath pool home with private lushly landscaped backyard. Impact glass, split bedrooms, circular driveway and 2-car garage. Pet Friendly. Needs TLC. Appliances not warranted. House being sold as-is. AC 2011. Windows 2011. Garage door 2011. Walk to beach,. Close to shopping and restaurants. Buyer must be willing to sign FIRPTA. All information believed to be accurate but not guaranteed. Buyers are responsible for verification, walk-throughs and professional inspections to confirm property is satisfactory. All information and measurements believed to be accurate but not guaranteed.

Beaches MLS #RX-3138564

Mar 11, 2011

Sold

$385,000

$87/sq ft

Mar 8, 2011

Listing Removed

—

Sep 9, 2010

Listed

$394,440

$89/sq ft

Beaches MLS #RX-3010477

Jul 30, 2009

Listing Removed

—

Apr 2, 2009

Listed

$465,900

$105/sq ft

Beaches MLS #R2852291

Sep 14, 2008

Listing Removed

—

Sep 20, 2007

Listed

$649,000

$146/sq ft

Beaches MLS #R2505382

Feb 22, 2005

Listing Removed

—

Jan 24, 2005

Listed

$749,000

$169/sq ft

Beaches MLS #R2346191

Apr 12, 2004

Sold

$595,000

$134/sq ft

Aug 9, 2003

Listed

$625,000

$141/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$66,974 (−9.2%)

$1,161,469 + $2,797,510

$3,958,979

2024

$73,752 (+15.7%)

$1,033,601 + $3,321,686

$4,355,287

2023

$63,746 (+253.6%)

$1,033,601 + $3,321,686

$4,355,287

2022

$18,029 (+33.0%)

$880,743 + $126,655

$1,007,398

2021

$13,561 (+7.4%)

$571,982 + $161,114

$733,096

2020

$12,632 (−6.0%)

$517,000 + $164,907

$681,907

2019

$13,441 (+4.1%)

$517,000 + $164,907

$681,907

2018

$12,908 (+10.4%)

2017

$11,691 (+2.4%)

$461,272 + $170,093

$631,365

2016

$11,417 (+5.2%)

$439,307 + $162,213

$601,520

2015

$10,850 (+5.4%)

2014

$10,291 (+12.8%)

2013

$9,120 (−5.4%)

2012

$9,645 (−6.9%)

2011

$10,357

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

Lot width

80 ft.

Lot depth

110 ft.

Lot size

8,791 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,292

Year built

—

Style

Single Family Residential

County

Palm Beach County

APN

06434732020050100

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 28, 2026.

R1A

Single-Family Residential Districts

The purpose, intent and methods underlying the comprehensive zoning plan of the city are set forth in section 28-3, and the same are hereby declared applicable to this article and are herewith restated and reaffirmed and made part hereof. It is further declared the intent and purpose of this article to provide and protect suitable locations and good environments for a cross section of single-family housing types and accommodations including those for lower middle income groups, which are needed and marketable in the several single-family residential districts of this city, and to provide reasonable opportunity for owner occupancy of individual single-family residential units.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Wastewater treatment
Water cleansing
Storage
And conveyance
Recreation
Park & open space

Climate risks

5/10 Flood Factor

Estimated 19-29% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

9/10 Heat Factor

7 days above 106° expected this year, 27 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Boca Raton, FL • 33432

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

93/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Boca Raton. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.3 hrs

6.8 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 728 Malaga Dr

$4,258,787

$341K under list price of $4.60M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $2.1M to $10.2M.

SOLD MAR 9, 2026
$4,462,500 Last sold price
5 beds5.5 baths4,805 sq ft
2124 W Maya Palm Dr, Boca Raton, FL 33432
$108/sq ft
larger lot
22 years older
SOLD SEP 18, 2026
$7,850,000 Last sold price
4 beds4.5 baths5,287 sq ft
2424 Queen Palm Rd, Boca Raton, FL 33432
$448/sq ft
larger lot
5 years older
SOLD AUG 31, 2026
$10,244,000 Last sold price
5 beds5.5 baths5,803 sq ft
303 S Maya Palm Dr, Boca Raton, FL 33432
$728/sq ft
larger lot
4 years newer
SOLD MAY 1, 2026
$2,500,000 Last sold price
4 beds3.5 baths2,635 sq ft
2920 Spanish River Rd, Boca Raton, FL 33432
$88/sq ft
9 years older
SOLD JUL 10, 2026
$2,800,000 Last sold price
5 beds5 baths3,568 sq ft
2401 Banyan Rd, Boca Raton, FL 33432
$252/sq ft
larger lot
52 years older
SOLD JUL 30, 2026
$2,075,000 Last sold price
3 beds2.5 baths1,954 sq ft
899 S Granada Dr, Boca Raton, FL 33432
$25/sq ft
53 years older

Rental earnings

Est. $9,016 per month, based on comparable rentals

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7 beds7 baths8,132 sq ft

Undisclosed address, Fort Lauderdale, FL 33301