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Land In Boca Raton, United States
US $5,000,000
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Property description
Banana Patch
This 1.78± acre parcel is the longest privately-owned waterfront piece of property on the deepest and widest canal in Boca Raton. For a spectacular home, compound, or indestructible land investment. Build a grand estate stretching along more than a block of water frontage, or have a private compound with up to four homes. May also be held as a “one of a kind land investment” that is akin to a large uncut diamond. Private and secure, this parcel is surrounded by a perimeter fence on all sides that aren't bordered by water. There are no side yard neighbors. Boca Raton streets adjoin both sides of the property. Vehicular access is available to 3 Boca streets, through 3 private gates, on 3 sides of the property. At a depth of 12 feet and a width of 210 feet, the adjacent canal can accommodate the largest yachts that come to the Boca Raton area, with the ability to add both pier and traditional shoreline docking. This is a strict “No Wake Zone”, only one block from the Intracoastal Waterway (ICW), with easy ocean access. This property has only had 4 owners in Florida's history. The first owner was Henry Flagler, in a partnership with John D. Rockefeller. The second owner of this property was George Morikami, who bought this land from Flagler's Model Land Company. Late in life Morikami gave land to Palm Beach County which eventually became the Morikami Museum and Japanese Gardens. The third owner was Hideo Kobayashi, who bought this land from Morikami in 1911. The Kobayashi family were farmers who refused to sell the land to developers. That is why all the surrounding subdivisions end at this property. This predates the City of Boca Raton and is not part of a subdivision or Homeowners' Association with restrictions, rules, and costs. The 4th and last owners (and current owners) are a husband and wife who bought the farm from the Kobayashi family in the 1970's. They continued farming until recently and specialized in over 30 different kinds of banana plants. Some of their plants were sold to Disney World, Seaworld, Cypress Gardens, Bush Gardens, and even the Henry Doorly Zoo in Omaha, Nebraska. Around Boca this property is affectionately known as the “Banana Patch” and has been the subject of numerous newspaper articles and televisionbroadcasts.

Boca Raton, Florida, United States
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