NOT LISTED FOR SALE

1959 Royal Palm Way Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $3,664,000 - $10,140,222

5 Beds
9 Baths
6,991 Sq Ft
$1,070/Sq Ft Est. Value

About This Home

This home is located at 1959 Royal Palm Way, Boca Raton, FL 33432 and is currently estimated at $7,478,074, approximately $1,069 per square foot. 1959 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2017
Sold by
Bitove Nicholas Louis and The Bitove Royal Palm Trust
Bought by
Schmitt Deborah L and Deborah L Schmitt Trust
Current Estimated Value
$7,478,074

Purchase Details

Closed on
Aug 13, 1998
Sold by
Bernadette S Youngblood Tr and Norwest Bank Of Iowa Na Tr
Bought by
Bitove Nicholas L

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
6.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Schmitt Deborah L $6,850,000 Attorney
Bitove Nicholas L $1,475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bitove Nicholas Louis $3,920,000
Previous Owner Bitove Nicholas Louis $2,000,000
Previous Owner Bitove Nicholas L $1,000,000
Source: Public Records

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 $100,959 $5,954,514 -- --
2023 $98,849 $5,781,082 $0 $0
2022 $98,185 $5,612,701 $0 $0
2021 $97,989 $5,449,224 $3,255,651 $2,193,573
2020 $92,407 $5,099,574 $3,000,000 $2,099,574
2019 $88,941 $4,768,797 $3,000,000 $1,768,797
2018 $86,309 $4,843,549 $3,054,804 $1,788,745
2017 $86,596 $4,821,249 $2,909,337 $1,911,912
2016 $81,404 $4,325,859 $0 $0
2015 $76,102 $3,932,599 $0 $0
2014 $70,793 $3,575,090 $0 $0
Source: Public Records

Map

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

1959 Royal Palm Way, Boca Raton, FL

This home is located at 1959 Royal Palm Way, Boca Raton, FL 33432 and is currently estimated at $7,478,074, approximately $1,069 per square foot. 1959 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.

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