NOT LISTED FOR SALE

Estimated Value: $8,513,000 - $17,620,619

7 Beds
10 Baths
10,367 Sq Ft
$1,260/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $12,825,000 $1,237 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $86,241/month

109 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Home Theater
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Saltwater Pool
  • Marble Flooring

About This Home

As of March 2021

Set in the prestigious community of Royal Palm Yacht & Country Club, 191 W Key Palm Road is an impeccable Palm Beach style mansion set on an extraordinary 150ft of waterfront. Flawlessly updated in a transitional design style, the estate's details play beautifully against a sprawling two-story setting--more than 10,000 living square feet, including seven bedrooms. The exterior space, equally formidable given that it's nearly double the standard lot size, beckons to boaters with some 150 feet of deep-water dockage on the neighborhood's grand canal, just a stone's throw from Royal Palm's world-class marina. The reimagined interior honors its exquisite quality --think original, deep-grained wood flooring, lending a sophisticated contrast to the bright white living spaces on the main floor.

Last Agent to Sell the Property

Senada Adzem

Douglas Elliman License #3186942 Listed on: 10/29/2020

Douglas Elliman

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates License #202740

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $149,351

Year Built

  • Built in 2010

Lot Details

  • 0.53 Acre Lot
  • 150 Feet of Waterfront
  • Property is zoned R1A(ci

HOA Fees

  • $217 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Driveway
  • On-Street Parking

Property Views

  • Canal
  • Garden
  • Pool

Interior Spaces

  • 10,367 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Custom Mirrors
  • Bar
  • High Ceiling
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Pool

  • Saltwater Pool
  • Pool Equipment or Cover

Outdoor Features

  • No Fixed Bridges
  • Seawall
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434729100030301

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

$149,351

Year Built

Built in 2010

Lot Details

0

HOA Fees

$217 per month

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • 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.
  • Year Built: 2010
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, High Ceilings, Custom Mirrors, Pantry, Bar, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Flooring: Marble, Wood
  • Living Area: 10367.0
  • Dining Room Type: Den, Family Room, Great Room, Laundry, Media Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Outdoor Grill
  • View: Canal, Garden, Pool
  • Road Frontage Type: Waterfront
  • Pool Features: Heated, Pool Equipment, Pool, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 5.0
  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, On Street

Utilities

  • Security: Security System, Closed Circuit Camera(s), Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 217.0
  • 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 #: 06434729100030301
  • Lot Size Sq Ft: 22921.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 149351.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2020
Sold by
Leder Lisa J and Leder Irrevocable Homestead Tr
Bought by
Leder Lisa J and Lisa J Leder Revocable Trust
Current Estimated Value
$13,066,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Outstanding Balance
$4,932,868
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$8,709,217

Purchase Details

Closed on
May 22, 2014
Sold by
Leder Lisa J
Bought by
Leder Lisa J

Purchase Details

Closed on
Mar 7, 2011
Sold by
Jovanovski Edvard and Jovanovski Kirstin
Bought by
Sidel Peter S and The Centre V Revocable Trust

Purchase Details

Closed on
Aug 29, 2008
Sold by
Amiss Michael H and Amiss Catherine
Bought by
Jovanovski Edward and Jovanovski Kirstin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,960,000
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 18, 2008
Sold by
Amiss Michael H and Amiss Catherine
Bought by
Amiss Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,960,000
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 1, 2003
Sold by
Forman Peter J
Bought by
Amiss Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2002
Sold by
Gafney Hanners Kathleen A and Hanners Kenneth Wayne
Bought by
Amiss Michael
Source: Public Records

Range of Values:

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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
Leder Lisa J -- Attorney
Leder Lisa J $68,200 Attorney
Sidel Peter S $9,215,000 Attorney
Jovanovski Edward $4,150,000 Attorney
Amiss Michael H -- Attorney
Amiss Michael H $1,875,000 --
Amiss Michael $1,825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leder Lisa J $7,000,000
Closed Lisa J Leder Revocable Trust $6,200,000
Previous Owner Jovanovski Edward $6,960,000
Previous Owner Amiss Michael H $1,000,000
Previous Owner Amiss Michael H $1,000,000
Previous Owner Tanner Travis L $1,200,000
Previous Owner Tanner Travis L $2,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $12,825,000 -5.0% $1,237 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
10/29/2020 10/29/20 For Sale $13,495,000 -- $1,302 / 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 $204,229 $12,024,646 -- --
2023 $199,978 $11,674,414 $0 $0
2022 $198,659 $11,334,383 $0 $0
2021 $152,863 $8,488,198 $0 $0
2020 $150,755 $8,371,004 $0 $0
2019 $151,636 $8,182,800 $0 $0
2018 $142,166 $8,030,226 $0 $0
2017 $141,501 $7,865,060 $0 $0
2016 $142,214 $7,703,291 $0 $0
2015 $146,241 $7,649,743 $0 $0
2014 $146,860 $7,589,031 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10667113

BeachesMLS

APN: 06-43-47-29-10-003-0301