NOT LISTED FOR SALE

160 W Key Palm Rd Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $8,216,000 - $18,454,742

5 Beds
8 Baths
8,083 Sq Ft
$1,650/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $13,936,000 $1,724 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $85,328/month

8 Days on Market

Highlights

  • New Construction
  • Heated Pool
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Waterfront
  • Wood Flooring

About This Home

As of October 2020

160 Key Palm Road is a new waterfront Signature Estate built by SRD Building Corp, to be completed in October 2020. This magnificent home sits on 177′ of the Butterfly Palm Waterway in Boca Raton's most sought-after community, Royal Palm Yacht & Country Club. The home features 5 bedroom suites, 6 full and 2 half bathrooms, 8,083 sq. ft. under air, and a 4-car garage. The large open floor plan has a formal living room, gourmet kitchen, formal dining space, clubroom with equipped bar and wine room, and a library. Other features include 1st and 2nd-floor laundry rooms, 2nd-floor media room, outside entertaining areas and a heated pool with sundeck and spa. Buyer to pay documentary stamp taxes on the deed and title insurance.

Last Agent to Sell the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 10/22/2020

Last Buyer's Agent

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 10/22/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,863

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.4 Acre Lot
  • Waterfront
  • Property is zoned R1A(ci

HOA Fees

  • $493 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Property Views

  • Canal
  • Garden
  • Pool

Interior Spaces

  • 8,083 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Combination Kitchen and Dining Room
  • Den
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • Heated Pool
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434729100030012

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

$77,863

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$493 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: NewHome

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Entrance Foyer, Elevator, Fireplace, High Ceilings, Kitchen/Dining Combo, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Living Area: 8083.0
  • Dining Room Type: Den, Great Room, Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Canal, Garden, Pool
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • 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, Garage, Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Association Fee: 493.0
  • 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 #: 06434729100030012
  • Lot Size Sq Ft: 17434.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 77863.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Oct 30, 2020
Sold by
Baskies Jeffrey A
Bought by
Morris Stuart R and The 160 W Key Palm Road Land Trust
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$14,995,000
Sold Price
$13,936,000
Premium/Discount to List
-$1,059,000
-7.06%
Current Estimated Value
$13,335,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$600,629
Avg. Annual Appreciation
-0.86%

Purchase Details

Listed on
Mar 1, 2019
Closed on
Jul 2, 2019
Sold by
Kaminsky Ryan and Kaminsky Michael
Bought by
Baskies Jeffrey A and 160 Key Palm Trust
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$4,750,000
Sold Price
$4,100,000
Premium/Discount to List
-$650,000
-13.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
150.91%

Purchase Details

Closed on
Nov 4, 2015
Sold by
Kaminsky Mitchell
Bought by
Kaminsky Mitchell H and The Mitchell H Kaminsky Revocable Trust

Purchase Details

Closed on
Aug 15, 2007
Sold by
Elrad Kenneth A and Elrad Lynn
Bought by
Kaminsky Mitchell

Purchase Details

Closed on
Sep 5, 2003
Sold by
Acker Stanley
Bought by
Elrad Kenneth A and Elrad Lynn

Purchase Details

Closed on
Oct 3, 1997
Sold by
Guastafeste Carmine E and Guastafeste Rosina
Bought by
Acker Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
7.46%
Mortgage Type
New Conventional
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
Morris Stuart R $13,936,000 Rtc Title Inc
Baskies Jeffrey A $4,100,000 Attorney
Kaminsky Mitchell H -- Attorney
Kaminsky Mitchell $4,018,250 Attorney
Elrad Kenneth A $3,000,000 --
Acker Stanley $2,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acker Stanley $975,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2020 10/30/20 Sold $13,936,000 -7.1% $1,724 / Sq Ft
10/22/2020 10/22/20 For Sale $14,995,000 +265.7% $1,855 / Sq Ft
07/02/2019 07/02/19 Sold $4,100,000 -13.7% $449 / Sq Ft View Prior Sale
06/02/2019 06/02/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $4,750,000 -- $520 / 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 $176,266 $10,682,027 -- --
2024 $176,266 $10,380,979 -- --
2023 $172,416 $10,068,238 $0 $0
2022 $171,276 $9,774,988 $0 $0
2021 $170,958 $9,490,280 $0 $0
2020 $60,542 $3,352,646 $3,350,000 $2,646
2019 $79,050 $4,276,919 $0 $0
2018 $74,109 $4,197,173 $0 $0
2017 $73,751 $4,110,845 $0 $0
2016 $74,105 $4,026,293 $0 $0
2015 $76,189 $3,998,305 $0 $0
2014 $76,511 $3,966,572 $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

    157 in this area

    167 Total Sales

    David Roberts
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Map

Source: BeachesMLS

MLS Number: R10665771

BeachesMLS

APN: 06-43-47-29-10-003-0012

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

160 W Key Palm Rd, Boca Raton, FL

Not Listed for Sale

Detached

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