NOT LISTED FOR SALE

Estimated Value: $8,686,000 - $16,518,325

6 Beds
9 Baths
8,577 Sq Ft
$1,381/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $16,850,000 $1,965 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $84,561/month

179 Days on Market

Highlights

  • New Construction
  • Private Pool
  • High Ceiling
  • Boca Raton Community Middle School Rated A-
  • Golf Course View
  • Furnished

About This Home

As of January 2024

Welcome to 1812 Sabal Palm Circle, an extraordinary masterpiece crafted by SRD Building Corp. This prestigious Signature Estate takes luxury living to new heights, commanding stunning views of multiple golf course fairways in the esteemed Royal Palm Yacht & Country Club.Embrace the grandeur of this turn-key home, encompassing over 8,500 sf of sheer splendor. The 6 lavish bedrooms offer abundant space to accommodate family and guests. A trendy club room awaits, complete with a striking bar and wine room, setting the stage for unforgettable gatherings. A dedicated study and multiple living rooms add sophistication and versatility to this impressive abode. Indulge your culinary passions in the gorgeous open-air kitchen, where culinary delights meet exquisite design. The sprawling owner's

Last Agent to Sell the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 07/21/2023

Last Buyer's Agent

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 07/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,437

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 62' x 150' x 156' x 150'
  • Sprinkler System
  • Property is zoned R1A(ci

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Driveway

Property Views

  • Golf Course
  • Garden
  • Pool

Interior Spaces

  • 8,577 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • High Ceiling
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434729100160080

Community Details

Overview

  • Association fees include security
  • Royal Palm Yacht & Countr Subdivision

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,437

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$298 per month

Parking

5

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: 2023
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, High Ceilings, Pantry, Separate Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Gas Range, Refrigerator
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Other
  • Living Area: 8577.0
  • Dining Room Type: Den, Family Room
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • View: Golf Course, Garden, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 5.0
  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Association Fee: 298.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Security

Lot Info

  • Parcel #: 06434729100160080
  • Lot Size: 62' x 150' x 156' x 150'
  • Lot Size Sq Ft: 16422.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 64437.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Jan 31, 2024
Sold by
Norden Peter R
Bought by
Royal Palm Residence Trust and Reis
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$19,250,000
Sold Price
$16,850,000
Premium/Discount to List
-$2,400,000
-12.47%
Views
163
Current Estimated Value
$11,846,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,003,558
Avg. Annual Appreciation
-21.57%

Purchase Details

Listed on
Apr 9, 2021
Closed on
Nov 30, 2021
Sold by
Carmichael Ian M
Bought by
Norden Peter R
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$5,750,000
Sold Price
$5,000,000
Premium/Discount to List
-$750,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.04%

Purchase Details

Closed on
May 12, 2015
Sold by
Carmichael Ian M and Carmichael Margaret Ann
Bought by
Carmichael Ian M
Source: Public Records

Range of Values:

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Average Value
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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
Royal Palm Residence Trust $16,850,000 None Listed On Document
Norden Peter R $5,000,000 Old Palm Title Llc
Carmichael Ian M -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carmichael Ian M $493,000
Previous Owner Carmichael Ian M $1,950,000
Previous Owner Carmichael Ian M $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $16,850,000 -12.5% $1,965 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
07/21/2023 07/21/23 For Sale $19,250,000 +285.0% $2,244 / Sq Ft
11/30/2021 11/30/21 Sold $5,000,000 -13.0% $1,069 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $5,750,000 -- $1,229 / 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 $223,774 $13,141,887 -- --
2023 $64,437 $3,755,099 $3,755,099 $0
2022 $64,907 $3,676,907 $0 $0
2021 $19,927 $1,126,174 $0 $0
2020 $19,646 $1,110,625 $0 $0
2019 $19,745 $1,085,655 $0 $0
2018 $18,503 $1,065,412 $0 $0
2017 $18,395 $1,043,499 $0 $0
2016 $18,457 $1,022,036 $0 $0
2015 $18,955 $1,014,931 $0 $0
2014 -- $1,006,876 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10905916

BeachesMLS

APN: 06-43-47-29-10-016-0080