Boca Raton, Florida · Community Guide · Updated October 2026

Boca Bay Colony, Boca Raton: Waterfront Homes and Prices (2026 Guide)

About 72 waterfront homes in east Boca: prices, docks and costs, in one page.

By Enrique Urdaneta, Real Estate Advisor, Engel & Völkers · Last updated October 11, 2026 · Data: Beaches MLS

About 72Homes
About $3.25MMedian price, 12 months
$475 to $756HOA per year
NoGated

What is Boca Bay Colony? Boca Bay Colony is a waterfront neighborhood of about 72 single-family homes in east Boca Raton, Florida (ZIP 33487), on the Intracoastal Waterway and deep-water canals. Most homes are on the water, many with private docks. In the last 12 months, homes listed or sold for $2.65 million to $10.75 million, with a median near $3.25 million.

Boca Bay Colony is one of east Boca's small boating neighborhoods. Many homes are 30 to 60 years old, so renovation and rebuilding drive a wide price spread.

Boca Bay Colony: Quick Facts (2026)

Fact Detail
Location East Boca Raton, ZIP 33487. Streets include NE Boca Bay Colony Drive, NE Bay Isle Drive, NE Orchid Bay Drive and Terrace, and NE Bay Cove Court
Homes About 72 single-family homes
Plat names Boca Bay Colony, Tropic Isle (Walkers Cay)
Waterfront Most homes, on the Intracoastal Waterway or deep-water canals. Many with private docks
Gated No, per recent MLS sales
HOA 6 of 9 recent MLS listings showed an association fee of about $475 to $756 per year
Club membership required No
Listed or sold, last 12 months 9 homes: 7 sold, 2 active. $2,650,538 to $10,750,000. Median about $3,250,000 (Beaches MLS)
Public schools J.C. Mitchell Elementary, Boca Raton Community Middle, Boca Raton Community High

How Much Are Homes in Boca Bay Colony?

In the last 12 months, seven homes sold in Boca Bay Colony and two were listed, at prices from $2,650,538 to $10,750,000, with a median near $3,250,000, per Beaches MLS. Bex Realty reports about $793 per square foot and an average of 141 days to sell over the past year.

Address Beds / full baths / half baths Size Sale price
7400 NE Orchid Bay Terrace 5 / 7 / 2 7,022 sq ft $10,750,000
839 NE Bay Isle Drive 6 / 8 / 1 7,856 sq ft $6,000,000
7391 NE Bay Cove Court 6 / 6 / 2 6,598 sq ft $5,600,000
820 NE Boca Bay Colony Drive 5 / 4 / 1 3,795 sq ft $4,250,000
7464 NE Orchid Bay Terrace 3 / 3 / 0 3,403 sq ft $3,850,000
7425 NE Bay Cove Court 5 / 4 / 0 4,079 sq ft $3,250,000
830 NE Boca Bay Colony Drive 4 / 2 / 1 2,724 sq ft $2,970,000

Sales as listed by Echo Fine Properties. Not all may fall in the last 12 months.

What this means: a smaller original home on the water can sell near $3 million, mostly for the lot and dock. Buyers should price the water frontage, dock and seawall before the house.

Does Boca Bay Colony Have an HOA?

Six of nine recent MLS listings in Boca Bay Colony showed an association fee of about $475 to $756 per year. Three showed none. Ask the seller which association applies to the home and what it covers. There is no club membership.

What Is the Boating Like in Boca Bay Colony?

Most homes sit on the Intracoastal Waterway or on deep-water canals, many with private docks. Before you buy, confirm dock length, depth at low tide, seawall condition and the route your boat will take to the inlet.

Is Boca Bay Colony Gated?

No. Recent MLS sales show Boca Bay Colony as not gated.

Which Schools Serve Boca Bay Colony?

Public schools reported for Boca Bay Colony:

  • J.C. Mitchell Elementary School
  • Boca Raton Community Middle School
  • Boca Raton Community High School

Zoning may vary by section. Confirm the assigned schools for a specific address with the School District of Palm Beach County.

What Does It Cost to Own a Home in Boca Bay Colony?

A home at the median price near $3,250,000 carries an association fee of up to about $756 a year, before property taxes, insurance and the dock.

Cost Amount
Home price (median, last 12 months) About $3,250,000
Association fee per year (where it applies) About $475 to $756
Club entry fee $0

Not included: property taxes, homeowners, wind and flood insurance, and dock and seawall maintenance. Check property taxes with the Palm Beach County Property Appraiser.

Boca Bay Colony FAQ

Where is Boca Bay Colony?

In east Boca Raton, ZIP 33487, on the Intracoastal Waterway and canals.

How many homes are in Boca Bay Colony?

About 72 single-family homes.

How much are homes in Boca Bay Colony?

In the last 12 months, homes listed or sold from $2,650,538 to $10,750,000, with a median near $3,250,000 (Beaches MLS).

Does Boca Bay Colony have an HOA?

Six of nine recent MLS listings showed an association fee of about $475 to $756 per year.

Is Boca Bay Colony gated?

No.

Do Boca Bay Colony homes have docks?

Many do. Most homes are on the Intracoastal or deep-water canals.

Thinking About Boca Bay Colony?

In Boca Bay Colony, the water, the dock and the lot drive most of the value. I help buyers compare those before the house. I help owners of original homes decide whether to sell as is, renovate or sell to a builder. As a yacht broker, I can also help match the dock to the boat.

Get a Boca Bay Colony value analysisTalk to me about land value and new construction

Watch my community guides on YouTube

Enrique Urdaneta, Real Estate Advisor, Engel & Völkers
I don't sell houses. I help you make strategic decisions about your wealth.

About the author

Enrique Urdaneta is a real estate advisor and yacht broker with Engel & Völkers in Boca Raton. He has lived in Boca Raton since 2009 and has 14 years in U.S. real estate, more than 25 years as a real estate investor, and 16 years in private banking focused on construction and pre-construction lending.

Sources

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