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+95 photosLuxury home — 17166 WANDERING WAVE Avenue · Lotus · Boca Raton
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Open property magazine$2,650,000
17166 WANDERING WAVE Avenue, Boca Raton, FL 33496
Boca Raton, FL, 33496
5 bd · 6 ba · 4,862 sqft
Listed by Compass Florida LLC
17166 WANDERING WAVE Avenue, Boca Raton, FL 33496
Listed by Compass Florida LLC
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Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
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Estimated monthly payment
$18,514/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $18,514/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: X · verify insurance quotes before buying.
About this home
Find similar homesTENANT OCCUPIED- THREE YEARS OF RENTAL HISTORY AT $16,000 A MONTH. TENANT JUST RENEWED UNTIL 06/01/27. INVESTMENT POTENTIAL!! Coveted Sumatra Premium in Lotus! This home showcases beautiful white 32'' x 32'' porcelain floors in the main areas, as well as engineered wood flooring. Beautiful custom 8' solid core doors and high ceilings create an airy, open feeling. The home has been professionally prewired for everything media- and security-related. The HVAC systems are comprised of THREE top-tier Carrier units. The kitchen is a chef's dream, equipped with top-of-the-line appliances including a sleek counter-depth Sub-Zero refrigerator and a state-of-the-art natural gas cooking range. The master bedroom and the office are conveniently located on the main level of the home, with 4 additional bedrooms, a media room, and loft located on the second level. Step outside to the lush backyard, complete with an extra-large resort-style custom salt pool and spa, a wonderful, covered summer kitchen, specialty artificial turf and professional landscape lighting. Over 300k went into building this incredible pool that showcases luxury and lakefront living in Lotus.
Property Details
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Your costs (est.)
≈ $18,514/mo
17166 WANDERING WAVE Avenue, Boca Raton, FL 33496 · Boca Raton
Location
17166 WANDERING WAVE Avenue, Boca Raton, FL 33496
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 17166 WANDERING WAVE Avenue, Boca Raton, FL 33496?+
Property tax (after sale): $3,091/month est.; homeowners insurance: $953/month est.; HOA: $720/month. Fixed ownership costs before a mortgage: $4,764/month est. Principal and interest: $13,750/month; PMI: $0/month. Total for the payment scenario shown: $18,514/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 17166 WANDERING WAVE Avenue, Boca Raton, FL 33496?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 17166 WANDERING WAVE Avenue, Boca Raton, FL 33496 need flood insurance, and what drives the premium?+
Most of Boca Raton sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 17166 WANDERING WAVE Avenue, Boca Raton, FL 33496?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the waterfront at 17166 WANDERING WAVE Avenue, Boca Raton, FL 33496?+
Waterfront ownership adds seawall maintenance and eventual replacement, dock and lift servicing, higher flood and wind premiums, and salt-air upkeep on exterior finishes and equipment. Confirm bridge height and water depth at low tide if you plan to keep a boat.
Is there room to negotiate on 17166 WANDERING WAVE Avenue, Boca Raton, FL 33496?+
This listing has been on the market 20 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Boca Raton. Resort-style living with Mizner Park, A-rated schools, country clubs, and FAU just minutes inland.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Whispering Pines Elementary School
Elementary · 1.5 mi from this home · 9090 Spanish Isles Blvd, Boca Raton
Eagles Landing Middle School
Middle school · 3.8 mi from this home · 19500 Coral Ridge Dr, Boca Raton
Olympic Heights Community High
High school · 3.1 mi from this home · 20101 Lyons Rd, Boca Raton
Zone boundaries published by School District of Palm Beach County.
Other options for this address
American Heritage School - Boca/Delray Palm Beach
Pre-K & Kindergarten · Private · Grades PK–12 · Delray Beach
ST. Andrews School Of Boca Raton Inc
Pre-K & Kindergarten · Private · Catholic · Grades PK–12 · Boca Raton
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
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