NOT LISTED FOR SALE

1824 Royal Palm Way Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $8,396,000 - $12,588,409

6 Beds
7.5 Baths
8,940 Sq Ft
$1,156/Sq Ft Est. Value

Last Sold May 16, 2018

Last sale price $6,600,000 $738 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $72,376/month

Highlights

  • Property fronts an intracoastal waterway
  • Home Theater
  • Canal Access
  • Boca Raton Community Middle School Rated A-
  • Private Pool
  • Marble Flooring

About This Home

As of February 2022

1824 Royal Palm Way is a sprawling Mediterranean style waterfront estate offering 8,940 living sf on the intracoastal waterway in the Royal Palm Yacht & Country Club. A covered archway leads to the decorative-glass front entry door, where guests are welcomed by gleaming marble floors and double-height views of the pool deck and intracoastal. Guests will delight in amenities including the 8-seat theatre, temperature-controlled wine room, wet bar, dock & boat lift, summer room and kitchen with speakers, and VIP guest suites with kitchenettes and balconies. The grand master suite features a rotunda foyer entry, large waterfront sitting area, French doors to the pool, and separate his and her bath suites with walk-in closets.

Last Agent to Rent the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 01/14/2022

Last Renter's Agent

Marisela Cotilla

Pineapple Realty Advisores LLC License #324757

Pineapple Realty Advisores LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $192,539

Year Built

  • Built in 2001

Lot Details

  • Property fronts an intracoastal waterway
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Intracoastal
  • Garden
  • Pool

Interior Spaces

  • 8,940 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Partially Furnished
  • Built-In Features
  • High Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Home Theater
  • Den
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Canal Access
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • Royal Palm Yacht & Countr Subdivision
  • Security Guard

Listing and Financial Details

  • Property Available on 2/1/22
  • Assessor Parcel Number 06434729100130380

Home Details

Home Type

Single Family

Est. Annual Taxes

$192,539

Year Built

Built in 2001

Lot Details

0

Parking

4

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water
  • Available Date: 2022-02-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Royal Palm Yacht & Country Club on the Intracoastal
  • Year Built: 2001
  • Entry Level: 2
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Pantry, Split Bedrooms, Walk-In Closet(s), Central Vacuum
  • Furnished: Partially
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Living Area: 8940.0
  • Dining Room Type: Den, Family Room, Laundry, Media Room

Exterior Features

  • Exterior Features: Outdoor Grill, Patio
  • View: Garden, Intercoastal, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Canal Access, Intracoastal Access
  • Waterfront: Yes
  • Patio And Porch Features: Patio

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, 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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06434729100130380
  • Land Lease Amount Frequency: Monthly
  • Lot Size: 1/2 to < 1 Acre,East of

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2018
Closed on
May 9, 2018
Sold by
Bachman Marshall J and Lee Bachman Revocable Trust
Bought by
Donoff Craig and 1824 Royal Palm Way Land Trust
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
Karli Henion
Lux Properties
List Price
$7,200,000
Sold Price
$6,600,000
Premium/Discount to List
-$600,000
-8.33%
Current Estimated Value
$10,338,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,738,470
Avg. Annual Appreciation
6.32%

Purchase Details

Closed on
Jan 17, 2013
Sold by
Bachman Lee G and Bachman Gilbert
Bought by
Bachman Gilbert and Bachman Marshall J

Purchase Details

Closed on
Sep 7, 1999
Sold by
Alyce E Erickson Tr
Bought by
Bachman Lee G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 1996
Sold by
Erickson Charles F
Bought by
Erickson Alyce A

Purchase Details

Closed on
Nov 17, 1994
Sold by
Erickson Alyce A and Erickson Alyce E
Bought by
Erickson Alyce E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Donoff Craig $6,600,000 Attorney
Bachman Gilbert -- Attorney
Bachman Lee G $1,800,000 --
Erickson Alyce A $100 --
Erickson Alyce E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erickson Alyce A $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 For Rent $45,000 +12.5% --
01/14/2022 01/14/22 Rented $40,000 +60.0% --
09/14/2020 09/14/20 Rented $25,000 -9.1% --
09/14/2020 09/14/20 For Rent $27,500 +44.7% --
03/15/2019 03/15/19 Rented $19,000 -24.0% --
02/13/2019 02/13/19 Under Contract -- -- --
08/21/2018 08/21/18 For Rent $25,000 0.0% --
05/16/2018 05/16/18 Sold $6,600,000 -8.3% $738 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $7,200,000 -- $805 / 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 $192,539 $10,805,047 -- --
2023 $184,013 $9,822,770 $9,433,560 $2,729,675
2022 $161,486 $8,929,791 $0 $0
2021 $148,416 $8,337,052 $5,197,500 $3,139,552
2020 $133,587 $7,379,993 $4,725,000 $2,654,993
2019 $135,278 $7,262,203 $4,500,000 $2,762,203
2018 $127,710 $7,175,304 $4,730,415 $2,444,889
2017 $81,196 $4,523,387 $0 $0
2016 $81,589 $4,430,350 $0 $0
2015 $83,887 $4,399,553 $0 $0
2014 $84,241 $4,364,636 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2022

    David Roberts

    Royal Palm Properties LLC

    (561) 368-6200

    169 in this area

    179 Total Sales

    Section Image
  • Marisela Cotilla

    Tenant's Agent in 2022

    Marisela Cotilla

    Pineapple Realty Advisores LLC

    (954) 829-1677

    1 in this area

    103 Total Sales

    Section Image
  • Tawny Moore

    Buyer's Agent in 2019

    Tawny Moore

    Regency Realty Services

    (561) 929-3040

    1 in this area

    9 Total Sales

    Section Image
  • Karli Henion

    Buyer's Agent in 2018

    Karli Henion

    Lux Properties

    (561) 479-6008

    5 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10769865

BeachesMLS

APN: 06-43-47-29-10-013-0380

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

1824 Royal Palm Way, Boca Raton, FL

This home is located at 1824 Royal Palm Way, Boca Raton, FL 33432 since 14 January 2022 and is currently priced at $10,338,470. This property was built in 2001. 1824 Royal Palm Way 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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