NOT LISTED FOR SALE

174 W Coconut Palm Rd Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $8,574,000 - $13,442,662

5 Beds
6.5 Baths
7,627 Sq Ft
$1,391/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $19,000,000 $2,491 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $65,617/month

355 Days on Market

Highlights

  • In Ground Spa
  • Gated Community
  • 32,770 Sq Ft lot
  • Boca Raton Community Middle School Rated A-
  • Waterfront
  • Canal Access

About This Home

As of June 2024

Immerse yourself in the unparalleled beauty of this exceptional waterfront estate, meticulously crafted in the prestigious Royal Palm Yacht & Country Club. With captivating waterway views, this bespoke residence offers a tropical oasis. Sprawling across an expansive 2.25 lots, encompassing over half an acre of lush greenery, and boasting an impressive 216 feet on the Buccaneer Palm Waterway, this architectural marvel designed by Randall Stofft promises an extraordinary living experience.Indulge in the enchanting ambiance of the meticulously landscaped grounds, where outdoor entertaining is elevated to an art form. Covered terraces invite you to savor the natural surroundings, while the multi-level pool and spa, thoughtfully positioned to embrace the southern exposure, provide the ultima

Last Agent to Sell the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 05/09/2023

Last Buyer's Agent

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 05/09/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $156,951

Year Built

  • Built in 1999

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 225'x150'x216'x150'
  • Waterfront
  • Property is zoned R1A(ci

HOA Fees

  • $671 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Canal
  • Garden
  • Pool

Interior Spaces

  • 7,627 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished or left unfurnished upon request
  • Bar
  • High Ceiling
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Spa
  • Heated Pool

Outdoor Features

  • No Fixed Bridges
  • Canal Access
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434729100020031

Community Details

Overview

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

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$156,951

Year Built

Built in 1999

Lot Details

0

HOA Fees

$671 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: 1999
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Elevator, High Ceilings, Pantry, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s)
  • Private Spa: Yes
  • Furnished: Negotiable
  • Spa Features: In Ground
  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Marble
  • Living Area: 7627.0
  • Dining Room Type: Den, Family Room, Laundry, Storage Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Canal, Garden, Pool
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, No Fixed Bridges
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 671.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 06434729100020031
  • Lot Size: 225'x150'x216'x150'
  • Lot Size Sq Ft: 32770.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2002
  • Tax Annual Amount: 156951.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Jun 11, 2024
Sold by
Simoni John S and Simoni Barbara A
Bought by
M Sean Revocable Trust and M Beth Revocable Trust
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$23,500,000
Sold Price
$19,000,000
Premium/Discount to List
-$4,500,000
-19.15%
Views
432
Current Estimated Value
$10,610,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,389,113
Avg. Annual Appreciation
-41.12%

Purchase Details

Closed on
Jul 20, 2005
Sold by
Schmitt Dru A and Schmitt Deborah
Bought by
Simoni John S and Simoni Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,592,000
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 17, 2004
Sold by
Alsentzer Mark
Bought by
Schmitt Dru A and Schmitt Deborah

Purchase Details

Closed on
Jun 26, 1998
Sold by
Blum Martha A and Blum Gary L
Bought by
Simoni John S and Simoni Barbara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
7.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 1995
Sold by
Blum Martha A and Blum Gary L
Bought by
Ostrow Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
9.14%
Source: Public Records

Range of Values:

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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
M Sean Revocable Trust $19,000,000 None Listed On Document
Simoni John S $2,880,000 --
Schmitt Dru A $2,930,000 Palmetto Park Title Company
Simoni John S $1,550,000 --
Ostrow Steven A $368,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simoni John S $2,825,125
Previous Owner Simoni John S $4,466,700
Previous Owner Simoni John S $4,636,500
Previous Owner Simoni John S $4,875,000
Previous Owner Simoni John S $2,592,000
Previous Owner Simoni John S $4,000,000
Previous Owner Simoni John S $1,500,000
Previous Owner Simoni John S $2,500,000
Previous Owner Simoni John S $1,240,000
Previous Owner Ostrow Steven A $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $19,000,000 -11.4% $2,491 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
10/12/2023 10/12/23 Price Changed $21,450,000 -6.7% $2,812 / Sq Ft
07/31/2023 07/31/23 Price Changed $23,000,000 -2.1% $3,016 / Sq Ft
05/09/2023 05/09/23 For Sale $23,500,000 -- $3,081 / 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
2024 $74,084 $4,374,807 -- --
2023 $72,531 $4,247,385 $0 $0
2022 $72,037 $4,123,675 $0 $0
2021 $105,120 $5,844,140 $0 $0
2020 $103,667 $5,763,452 $0 $0
2019 $102,699 $5,633,873 $0 $0
2018 $97,753 $5,528,825 $0 $0
2017 $97,288 $5,415,108 $0 $0
2016 $97,767 $5,303,730 $0 $0
2015 $100,526 $5,266,862 $0 $0
2014 $100,951 $5,225,062 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    David Roberts

    Royal Palm Properties LLC

    (561) 368-6200

    172 in this area

    182 Total Sales

    David Roberts
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Map

Source: BeachesMLS

MLS Number: R10888297

BeachesMLS

APN: 06-43-47-29-10-002-0031

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

174 W Coconut Palm Rd, Boca Raton, FL

This home is located at 174 W Coconut Palm Rd, Boca Raton, FL 33432 since 09 May 2023 and is currently estimated at $10,610,887, approximately $1,391 per square foot. This property was built in 1999. 174 W Coconut 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 Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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