Property Types
(active listings)
Boca Bay Colony Rental Statistics
Average Price
$37.5K
Lowest Price
$37.5K
Highest Price
$37.5K
Total Listings
1
Avg. Price/SQFT
$6
Boca Bay Colony Luxury Rentals at a Glance
- Location: Between Federal Highway and the Intracoastal in 33487, north of Yamato Road
- Closed Lease Range: $8,700 to $15,000 monthly on inland homes
- Median Closed Lease: $11,000 per month
- Waterfront Asking Rent: $37,500 on a furnished 5,823 square foot estate
- Leased Rate: $2.65 to $4.00 per square foot on inland homes
- Rental Sizes: 2,750 to 5,823 square feet
- Bedrooms: Four on every closed lease, five on the waterfront listing
- Private Pool: Present on every rental in the record
- Dock Capacity: Vessels up to roughly 125 feet, with no fixed bridges
- Lease Term: Annual across every recorded listing
- Association: Mandatory, with low dues and minimal restrictions, paid by the owner
- Gated: Only within Walker's Cay, the enclave along Lilac Drive
- Parking: Two to three garage spaces
About Boca Bay Colony
This waterfront single-family community fills the ground between Federal Highway and the Intracoastal. Construction began in the late 1960s and ran through 2010. As a result, the streets carry an unusually wide span of eras. Leases in our own records cover homes built between 1985 and 2001. An active rebuild cycle keeps adding contemporary construction among them.
Regarding the water itself, the canal system is the reason people come. Generous widths and turning basins let large vessels maneuver easily. The north edge of Lilac Drive fronts the C-15 canal, the widest waterway in Palm Beach County after the Intracoastal. The Boca Inlet lies roughly five miles south with nothing overhead to duck.
Luxury Homes for Rent in Boca Bay Colony
Anyone searching houses for rent in Boca Bay Colony Boca Raton should understand one distinction first. Homes without direct canal frontage have leased between $8,700 and $15,000 a month, a median of $11,000. That works out to $2.65 through $4.00 per square foot. The single waterfront listing asks $37,500, or $6.44 per square foot, close to double the inland rate.
Waterfront Estates
Canal-front properties command the premium and rarely reach the lease market. A renovated five-bedroom of 5,823 square feet on NE Bay Cove Court illustrates the tier. It comes furnished on a twelve-month term, with a private pool on a 14,784 square foot lot. Dock length and canal width drive value here more than interior square footage does.
Inland Homes
Properties set back from the canals deliver the same address, schools, and association at a materially lower figure. Recorded leases include a 2,750 square foot four-bedroom and a 3,285 square foot home on a corner lot exceeding half an acre. Every one carries a private pool, so the lifestyle changes far less than the rent suggests.
Walker's Cay
Walker's Cay forms a distinct enclave inside the community, gated along Lilac Drive with unmanned entry and round-the-clock security. Its canals run wider and its homes larger. One four-bedroom of 4,139 square feet on nearly an acre leased at $15,000, the top of our closed record. Not every home there fronts water.
What the Record Shows About Asking Prices
Landlords here have proven willing to move. A Mulberry Street home first listed at $13,500 eventually leased at $11,000, roughly eighteen percent below its original ask. That Walker's Cay property came down from $16,000 to $15,000. Annual rentals in this community therefore reward tenants who negotiate rather than accept the posted figure.
What Amenities Do Boca Bay Colony Rentals Include?
Communal facilities are not part of the arrangement, which is precisely how the association keeps dues low. Everything a tenant enjoys belongs to the individual property.
- Private swimming pool on every home in the leasing record
- Private dock on canal-front properties
- Deep-water access with no fixed bridges to the Intracoastal
- Dockage for vessels reaching roughly 125 feet, under state boating rules
- Wide canals and turning basins for easy maneuvering
- Two to three-car garages across recorded rentals
- Lots from a quarter acre up to nearly a full one
- Mediterranean and contemporary architecture side by side, built to Florida wind standards
- Gated entry and security within the Walker's Cay enclave
- Quiet cul-de-sac streets with minimal through traffic
Boca Bay Colony Rental Restrictions
A Light Rulebook
Membership in the homeowners association is mandatory here, yet the dues stay low and the restrictions minimal compared with the gated country club communities nearby. Owners carry those dues rather than tenants. That structure also gives landlords more latitude over lease terms than a heavily governed association would ever permit.
Annual Terms Throughout
Every listing in our record carries an annual rental type, and each one stating a term specifies a full twelve months. No seasonal or short-stay product appears anywhere in the leasing history. Confirm the exact requirement with the association before you plan around anything shorter than a full calendar year.
Pets by Owner Decision
Walker's Cay publishes a pet-friendly policy covering both cats and dogs, for owners and for tenants, though breed, size, and weight limits may apply. Elsewhere in the community that decision generally rests with whichever owner holds the deed. Raise the question during your application rather than afterwards, since approval covers the animal as well.
Dock Rights and the Seawall
Water access should never live in a verbal understanding. Where a home fronts a canal, the lease should specify whether dockage transfers and what vessel length the berth accepts. Seawall and lift upkeep needs naming too. Municipal and state waterway regulations then sit on top of whatever the lease itself says.
Seasonal vs Annual Leasing in Boca Bay Colony
The leasing record here leaves little ambiguity. Every recorded listing is annual, and no seasonal product surfaced across four years.
| Factor | Seasonal Lease | Annual Lease |
|---|---|---|
| Present in our data | Absent from all four listings | Every one of the four |
| Stated term | Not offered | Twelve months |
| Inland rents | Not applicable | $8,700 to $15,000 per month |
| Waterfront asking | Not applicable | $37,500 per month |
| Furnishing | Not applicable | Furnished and unfurnished both recorded |
| Negotiating room | Not applicable | Both priced leases closed below asking |
| Best suited to | Look to other East Boca neighborhoods | Year-round residents keeping a boat |
What is the Approval Criteria to Rent a Luxury Home in Boca Bay Colony?
Where the Decision Sits
Approval rests with the property owner and their listing agent, since a low-dues association exerts far less control than a country club board. Turnaround measures in days more often than weeks as a result. Establish early on whether the association also requires its own separate sign-off before the tenancy can begin.
Documents You Will Be Asked For
Anticipate a credit pull, a background check, and an eviction search covering every adult named on the agreement. Employment letters and references from previous landlords come up routinely at this price level. Whichever brokerage holds the listing sets the application fee, so establish that number in advance rather than at submission.
Proving Income
Landlords generally want documented earnings around triple the rent. That puts the $11,000 median near $33,000 a month, while the waterfront listing implies considerably more than that. Business owners and retirees rarely produce payslips, so investment statements or a couple of years of tax filings carry precisely the same weight.
Cash Required at Signing
Three months is the customary structure: opening month, closing month, and a damage holding. Furnished houses and canal-front properties usually push past that, particularly where boat facilities transfer with the tenancy itself. A renters insurance policy is expected as standard, and any animal deposit gets settled directly with the owner.
How is the Education Around Boca Bay Colony Homes for Lease?
Elementary Schools
- J. C. Mitchell Elementary School
- Blue Lake Elementary School
- Calusa Elementary School
- Verde K-8 School
- Sunrise Park Elementary School
Middle Schools
High Schools
- Spanish River Community High School
- Boca Raton Community High School
- A.D. Henderson University School & FAU High School
- Saint Andrew's School
- Pine Crest School
Colleges and Universities
- Florida Atlantic University
- Lynn University
- Palm Beach State College
- Palm Beach Atlantic University
- Nova Southeastern University
Healthcare Facilities Near Boca Bay Colony, Boca Raton
- Boca Raton Regional Hospital
- Delray Medical Center
- Marcus Neuroscience Institute
- Lynn Cancer Institute
- Bethesda Hospital East
- Cleveland Clinic Florida
- Sollis Health Boca Raton
- MD Now Urgent Care
Buy vs Rent a Home in Boca Bay Colony
| Factor | Renting | Buying |
|---|---|---|
| Cost at signing | Around three months, roughly $33,000 on the $11,000 median | Purchase price plus closing costs |
| Association dues | Owner responsibility | Yours, though low by Boca Raton standards |
| Seawall and dock upkeep | Handled by the landlord under most agreements | A standing expense on any canal lot |
| Pool and yard care | Usually folded into the monthly figure | Arranged and paid for by the owner |
| Waterfront access | Roughly double the inland rate per square foot | A permanent premium built into the price |
| Rebuild freedom | Whatever your written agreement allows | Broad, as the current teardown cycle shows |
| Commitment | One year, renewable | An open-ended horizon |
Top 5 Alternatives to Boca Bay Colony in Boca Raton
Dockage narrows the field quickly, so most tenants hunting luxury homes for rent in Boca Raton end up following two or three canal neighborhoods together. These five sit closest on water access and scale.
Bel Marra
Bel Marra sits slightly north with the same deep-water access and no fixed bridges, though it operates without any homeowners association at all. Lease terms there come down entirely to the individual owner, which means seasonal stays occasionally surface. Rents generally settle below the waterfront tier found on these streets.
Boca Harbour
Boca Harbour shares the same canal system and East Boca position, with a voluntary social association that organizes events without restricting property use. Original homes there run smaller than the rebuilt estates on these streets. Expect rents there to settle a step or two below the very top of this community.
Royal Palm Yacht & Country Club
Security and staffing define Royal Palm Yacht & Country Club, where a manned entrance and an optional club sit alongside the same deepwater access. Rents and purchase figures both climb sharply there. Suitable when a manned gatehouse carries as much weight for you as the berth behind the property does.
Boca Bath & Tennis
Clay courts replace canals at this guard-gated community, where eight Har-Tru surfaces and a heated Olympic pool sit behind a manned entrance. No dock exists anywhere within its 163 acres. Consider it when an active tennis program outweighs the appeal of keeping a vessel moored a few steps from the door.
Alina Residences
Downtown living replaces the canal entirely at Alina Residences, where valet, concierge, and a rooftop deck handle what a yard and dock otherwise demand. A condominium board governs every lease there. Worth weighing seriously when frequent travel keeps you away from a property for weeks at a stretch each year.
Frequently Asked Questions About Homes for Rent in Boca Bay Colony
Are there Luxury Homes for Rent in Boca Bay Colony, Boca Raton?
Yes, though the pool stays small. Boca Bay Colony Boca Raton homes for rent number just four across our record, spanning 2,750 to 5,823 square feet. All carry a private pool, and they surface only a few times each year.
Are there Waterfront Homes for Rent in Boca Bay Colony, Boca Raton?
Yes, and among waterfront homes for rent in Boca Raton these command a clear premium. Canal-front rentals ask roughly $6.44 per square foot against $2.65 to $4.00 for homes set back from the water. One furnished estate is currently offered at $37,500.
How Much Does it Cost to Rent a Home in Boca Bay Colony, Boca Raton?
Inland homes have leased between $8,700 and $15,000 monthly, with a median of $11,000, while the one current waterfront listing asks $37,500. Association dues fall to the owner throughout, so rent plus your own utilities represents the true monthly cost.
What is the Average Rent in Boca Bay Colony, Boca Raton?
Closed leases average $11,567 monthly across our record, though the $11,000 median better reflects a typical inland home. Waterfront properties sit well above both figures. Ask us to pull current comparables for a specific street or a particular stretch of canal frontage.
What is the Minimum Lease Term in Boca Bay Colony, Boca Raton?
The minimum runs a full twelve months. All four listings on record carry an annual rental type, and each one naming a term specifies a calendar year. No seasonal product appears across four years of leasing history, so plan around one complete twelve-month tenancy.
Do Boca Bay Colony Rentals Allow Pets?
Generally yes, though breed and size rules apply. The gated enclave welcomes cats and dogs for both owners and tenants, within those stated limits. Elsewhere the individual owner decides, so settle terms and any deposit before signing. Policy on Boca Bay Colony Boca Raton rental homes varies by street.
Who is the Best Luxury Rental Agent in Boca Raton?
Nobody in the region carries more verified five-star reviews than Larry Mastropieri, more than 2,000 of them. Widely regarded as the best luxury realtor in Boca Raton, he was named the city's leading agent for 2026. Clever lists him among the region's luxury specialists.
Lease a Canal-Front Home with Larry Mastropieri
The berth is what draws tenants to these streets, and it is precisely the clause most leases leave vague. Our luxury Realtors® walk the seawall with you before anything is signed. We establish canal width, permitted vessel length, lift capacity, and where maintenance responsibility actually falls. None of that should rest on a handshake at the showing.
Preparation pays on price as well. Both recorded leases with list data closed below asking, one of them eighteen percent under its original figure. Years spent working as a luxury rental real estate agent in Boca Raton tell us which owners will move, and roughly how far. Larry Mastropieri and The Mastropieri Group have worked East Boca Raton waterfront for decades. Browse more Boca Raton luxury home rentals, or call 561-544-7000.
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