NOT LISTED FOR SALE

151 W Alexander Palm Rd Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $8,033,000 - $14,967,849

5 Beds
8 Baths
8,904 Sq Ft
$1,292/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $12,000,000 $1,348 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $80,503/month

122 Days on Market

Highlights

  • Property has ocean access
  • Media Room
  • Heated Pool
  • Boca Raton Community Middle School Rated A-
  • New Construction
  • Waterfront

About This Home

As of October 2020

This home is located at 151 W Alexander Palm Rd, Boca Raton, FL 33432 since 15 May 2020 and is currently estimated at $11,500,425, approximately $1,291 per square foot. This property was built in 2020. 151 W Alexander Palm Rd is a home located in Palm Beach County with nearby schools including Boca Raton Elementary School, Boca Raton Community Middle School, and Boca Raton High School.

Last Agent to Sell the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 05/15/2020

Last Buyer's Agent

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 05/15/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,757

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.32 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Sprinkler System
  • Property is zoned R1A(ci

HOA Fees

  • $247 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Canal
  • Pool

Interior Spaces

  • 8,904 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar
  • High Ceiling
  • Decorative Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Media Room
  • Den
  • Impact Glass
  • Laundry Room

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434729100010710

Community Details

Overview

  • Association fees include common areas, security
  • Royal Palm Yacht & Countr Subdivision

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,757

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$247 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: ROYAL PALM YACHT & COUNTRY CLUB
  • Year Built: 2020
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Family/Dining Room, Fireplace, High Ceilings, Pantry, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Decorative
  • Flooring: Tile, Wood
  • Living Area: 8904.0
  • Dining Room Type: Den, Family Room, Great Room, Laundry, Media Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Canal, Pool
  • Lot Features: Cul-De-Sac, Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Golf Cart Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 247.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 06434729100010710
  • Lot Size Sq Ft: 14054.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 45757.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Oct 15, 2020
Sold by
M Y N Investments Llc
Bought by
Cohen Adam Stuart and Cohen Samara Petra
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$13,995,000
Sold Price
$12,000,000
Premium/Discount to List
-$1,995,000
-14.26%
Current Estimated Value
$11,500,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$499,575
Avg. Annual Appreciation
-0.82%

Purchase Details

Closed on
Dec 18, 2019
Sold by
Houri Nadav
Bought by
M Y N Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 6, 2016
Closed on
Oct 11, 2017
Sold by
Caron Karen R and Powers Francine E
Bought by
Houri Nadav
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
Nadav Houri
Gold Standard Realty Inc
List Price
$3,800,000
Sold Price
$3,209,375
Premium/Discount to List
-$590,625
-15.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.09%
Original Mortgage
$2,400,000
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 17, 2016
Sold by
Suntrust Bank
Bought by
Powers Francine E and Caron Karen R

Purchase Details

Closed on
Jan 25, 2016
Sold by
Powers Francine E
Bought by
Suntrust Bank

Purchase Details

Closed on
Jan 1, 2016
Bought by
Powers Francine E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cohen Adam Stuart $12,000,000 Attorney
M Y N Investments Llc $2,400,000 Olympia Title & Escrow Corp
Houri Nadav $3,209,375 Old Palm Title Llc
Powers Francine E -- Attorney
Suntrust Bank -- Attorney
Powers Francine E $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner M Y N Investments Llc $6,500,000
Previous Owner Houri Nadav $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2020 10/15/20 Sold $12,000,000 -14.3% $1,348 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $13,995,000 +336.1% $1,572 / Sq Ft
11/10/2017 11/10/17 Sold $3,209,375 -15.5% $1,133 / Sq Ft View Prior Sale
10/11/2017 10/11/17 Pending -- -- --
04/06/2016 04/06/16 For Sale $3,800,000 -- $1,341 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $237,146 $13,462,634 -- --
2024 $237,146 $12,238,758 -- --
2023 $227,035 $11,126,144 $5,490,360 $11,175,246
2022 $205,387 $10,114,676 $0 $0
2021 $166,245 $9,188,796 $3,025,000 $6,163,796
2020 $49,660 $2,750,000 $2,750,000 $0
2019 $46,459 $2,500,000 $2,500,000 $0
2018 $46,483 $2,600,494 $2,514,840 $85,654
2017 $42,065 $2,314,458 $2,286,219 $28,239
2016 $41,129 $2,205,548 $0 $0
2015 $18,264 $978,924 $0 $0
2014 $18,339 $971,155 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Roberts

    Seller's Agent in 2020

    David Roberts

    Royal Palm Properties LLC

    (561) 368-6200

    158 in this area

    168 Total Sales

    David Roberts
    Section Image

  • N

    Buyer's Agent in 2017

    Nadav Houri

    Gold Standard Realty Inc

    (917) 348-4243

    6 Total Sales

    Nadav Houri
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10623079

BeachesMLS

APN: 06-43-47-29-10-001-0710

Florida Palm Beach County Boca Raton 33432 Royal Palm Yacht and Country Club

151 W Alexander Palm Rd, Boca Raton, FL

Not Listed for Sale

Detached

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