NOT LISTED FOR SALE

Estimated Value: $7,882,000 - $16,943,516

6 Beds
8 Baths
8,975 Sq Ft
$1,383/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $18,500,000 $2,061 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $92,361/month

184 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Property fronts an intracoastal waterway
  • Boca Raton Community Middle School Rated A-
  • Boating
  • In Ground Pool

About This Home

As of August 2024

Perched on a safe and well-protected bay, with ocean access only minutes away, the estate boasts 104 feet of deep-water dockage, providing boating enthusiasts with ample room to host a megayacht. Lush landscaping, a stylish infinity-edge pool, a full summer kitchen, a spacious entertainment area, and dramatic nighttime lighting add to the rich exterior ambience.

169 W. Key Palm Road, completed in 2021, encompasses 8,975 square feet of living space and 11,858 square feet overall. The six-bedroom layout (with six baths and two half baths) also features a stately living room, family room, club room, and a formal dining room.

Rooms cast in brilliant whites and natural hues lend an air of elegance to spaces.

Last Agent to Sell the Property

Dustin Nero

Douglas Elliman License #3311513 Listed on: 11/28/2023

Douglas Elliman

Co-Listed By

Senada Adzem

Douglas Elliman License #3186942

Last Buyer's Agent

Joyce Schneider

Castles By The Beach, Inc. License #486306

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,540

Year Built

  • Built in 2021

Lot Details

  • 0.35 Acre Lot
  • 104 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • South Facing Home
  • Property is zoned R1A (city)

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Flat Tile Roof

Interior Spaces

  • 8,975 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Sliding Windows
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Marble Flooring
  • Intracoastal Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Pool Equipment Stays

Outdoor Features

  • Property has ocean access
  • Canal Width is 121 Feet or More
  • Seawall
  • Private Dock
  • Deck
  • Exterior Lighting
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1
  • Zoned Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 06434729100030330

Community Details

Overview

  • Private Membership Available
  • Royal Palm Yacht & Country Subdivision
  • Mandatory home owners association

Recreation

  • Boating

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,540

Year Built

Built in 2021

Lot Details

0

HOA Fees

$298 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Co List Office Mls Id: FLL802479
  • Co List Office Phone: (561) 245-2635
  • Directions: North on US-1 Federal Highway, make right onto Royal Palm Way. Make a right onto Date Palm and then make a right onto West Key Palm Road. Property will be on the right.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: ROYAL PALM YACHT & COUNTRY
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Cooking Island, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Great Room, Recreation Room
  • Spa Yn: Yes
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Other
  • Furnished: Unfurnished
  • Living Area: 8975
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Impact Glass, High Impact Windows, Sliding
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Recreation Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Flat Tile
  • View: Intracoastal View, Water
  • Exterior Features: Built-In Grill, Lighting
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, East Of US 1
  • Patio And Porch Features: Deck
  • Pool Features: In Ground, Equipment Stays
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Width 121 Feet Or More, Intracoastal Front, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ROYAL PALM YACHT & COUNTRY
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 298
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Boating, Mandatory Hoa, Private Membership Available, Security Patrol
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 06434729100030330
  • Lot Size Sq Ft: 15282
  • Zoning: R1A (city)
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 66540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Aug 23, 2024
Sold by
Jenkins Donald R and Jenkins Kelley
Bought by
Trust No 385Se9 and Rizzuto
Seller's Agent
Dustin Nero
Douglas Elliman
Buyer's Agent
Joyce Schneider
Castles By The Beach, Inc.
List Price
$19,900,000
Sold Price
$18,500,000
Premium/Discount to List
-$1,400,000
-7.04%
Views
136
Current Estimated Value
$12,412,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,087,242
Avg. Annual Appreciation
-26.43%

Purchase Details

Closed on
Jul 15, 2021
Sold by
Widmer Mary and Widmer Jack
Bought by
Jenkins Donald R and Jenkins Kelley

Purchase Details

Listed on
Feb 11, 2018
Closed on
Jan 14, 2019
Sold by
Chluski John W and Chluski Melissa A
Bought by
Widmer Jack
Seller's Agent
James Arena
Arena and Company
Buyer's Agent
Olive Belcher
Lang Realty/BR
List Price
$4,750,000
Sold Price
$4,250,000
Premium/Discount to List
-$500,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.75%

Purchase Details

Closed on
Jan 17, 2014
Sold by
Chluski John W
Bought by
Chluski John W

Purchase Details

Closed on
Dec 29, 2012
Sold by
Mceachern William D
Bought by
Chluski John W

Purchase Details

Closed on
Jun 1, 2011
Sold by
Mceachern William D
Bought by
Mceachern William D and Citicorp Trust Na

Purchase Details

Closed on
Dec 29, 2008
Sold by
Chluski Dorene I and Chluski Jan J
Bought by
Mceachern William D and Dorene I Chluski Qualified Personal Resi
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Trust No 385Se9 $18,500,000 None Listed On Document
Jenkins Donald R $14,975,000 Attorney
Widmer Jack $4,150,000 Attorney
Chluski John W -- None Available
Chluski John W -- Attorney
Mceachern William D -- Attorney
Mceachern William D -- Attorney
Mceachern William D -- Attorney
Mceachern William D -- Attorney
Mceachern William D -- Attorney
Chluski Jan J -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2024 08/23/24 Sold $18,500,000 -2.1% $2,061 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
05/22/2024 05/22/24 Price Changed $18,900,000 -5.0% $2,106 / Sq Ft
02/02/2024 02/02/24 For Sale $19,900,000 +7.6% $2,217 / Sq Ft
02/01/2024 02/01/24 Off Market $18,500,000 -- --
11/28/2023 11/28/23 For Sale $19,900,000 +368.2% $2,217 / Sq Ft
01/14/2019 01/14/19 Sold $4,250,000 -10.5% $909 / Sq Ft View Prior Sale
12/15/2018 12/15/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $4,750,000 -- $1,016 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $321,249 $15,305,031 -- --
2024 $321,249 $18,853,176 -- --
2023 $308,456 $17,549,200 $6,688,320 $11,940,367
2022 $280,493 $15,953,818 $0 $0
2021 $66,540 $3,685,000 $3,685,000 $0
2020 $60,513 $3,351,035 $3,350,000 $1,035
2019 $53,168 $2,884,147 $0 $0
2018 $49,841 $2,830,370 $0 $0
2017 $49,592 $2,772,155 $0 $0
2016 $51,671 $2,815,137 $0 $0
2015 $34,301 $1,814,853 $0 $0
2014 $25,943 $1,362,723 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11492114

MIAMI REALTORS® MLS

APN: 06-43-47-29-10-003-0330