NOT LISTED FOR SALE

1964 Royal Palm Way Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $7,641,000 - $15,752,884

6 Beds
8.5 Baths
10,815 Sq Ft
$986/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $15,800,000 $1,461 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $74,674/month

311 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Saltwater Pool
  • Marble Flooring
  • Boca Raton Community Middle School Rated A-
  • Canal Access
  • High Ceiling

About This Home

As of August 2024

Welcome to 1964 Royal Palm Way, an exquisite estate on an oversized Intracoastal property, offering an impressive 100' water frontage within the prestigious Royal Palm Yacht & Country Club. This exceptional British West Indies home is a one-of-a-kind paradise spanning over 10,000 square feet of luxurious living space. The opulent interior boasts beautiful marble and Brazilian hardwood floors, exquisitely crafted woodwork, six bedrooms suites, and thoughtfully designed custom architectural features that exemplify sophistication and attention to detail. Step outside to your resort-like oasis in the backyard, a haven of relaxation and entertainment. The heated freestyle infinity-edge pool beckons with its enticing design, accompanied by a massive spa, water sprays, and a sun shelf...

Last Agent to Sell the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 08/03/2023

Last Buyer's Agent

Jessica Schuble

Serhant License #3593993

Serhant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $209,386

Year Built

  • Built in 2008

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 101'x198'x100'x180'
  • Property fronts an intracoastal waterway
  • Property is zoned R1A(ci

HOA Fees

  • $298 Monthly HOA Fees

Parking

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

Property Views

  • Intracoastal
  • Garden
  • Pool

Interior Spaces

  • 10,815 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Furnished or left unfurnished upon request
  • Bar
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Saltwater Pool
  • Canal Access
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434729100130330

Community Details

Overview

  • Royal Palm Yacht & Countr Subdivision

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$209,386

Year Built

Built in 2008

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: 2008
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Fireplace, High Ceilings, Separate Shower, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Gas Range
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 10815.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, Patio
  • View: Garden, Intercoastal, Pool
  • Pool Features: Heated, Pool, Salt Water
  • Pool Private: Yes
  • Waterfront Features: Canal Access, Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 5.0
  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular 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: Cable Available, Natural Gas Available, Sewer Available, Underground Utilities, 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

Lot Info

  • Parcel #: 06434729100130330
  • Lot Size: 101'x198'x100'x180'
  • Lot Size Sq Ft: 18937.0
  • Zoning Description: R1A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 209386.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Aug 15, 2024
Sold by
1964 East Royal Palm Trust and Kopple Robert C
Bought by
Rp 1964 Trust and Krasker
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
Jessica Schuble
Serhant
List Price
$22,500,000
Sold Price
$15,800,000
Premium/Discount to List
-$6,700,000
-29.78%
Views
213
Current Estimated Value
$10,667,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,132,705
Avg. Annual Appreciation
-29.58%

Purchase Details

Listed on
Apr 10, 2019
Closed on
Jan 21, 2021
Sold by
Graner Thomas U and 1964 East Royal Palm Trust
Bought by
Kopple Robert C and 1964 East Royal Palm Trust
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$12,750,000
Sold Price
$11,250,000
Premium/Discount to List
-$1,500,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%

Purchase Details

Closed on
May 24, 2011
Sold by
Hasey William J
Bought by
Chammas Marcelo

Purchase Details

Closed on
Jan 31, 2006
Sold by
Lincoln Robert J and Kloehn Barbara L
Bought by
Hasey William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,923,344
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2002
Sold by
Lincoln Robert J
Bought by
Lincoln Robert J and Kloehn Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
4.09%
Mortgage Type
Seller Take Back
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
Rp 1964 Trust $15,800,000 None Listed On Document
Kopple Robert C $11,250,000 Attorney
Chammas Marcelo $10,150,000 Attorney
Hasey William J $3,636,000 Hometown Title Services Inc
Lincoln Robert J $2,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hasey William J $2,923,344
Previous Owner Lincoln Robert J $1,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2024 08/15/24 Sold $15,800,000 -20.0% $1,461 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
01/10/2024 01/10/24 Price Changed $19,750,000 -12.2% $1,826 / Sq Ft
08/03/2023 08/03/23 For Sale $22,500,000 +100.0% $2,080 / Sq Ft
01/21/2021 01/21/21 Sold $11,250,000 -11.8% $1,040 / Sq Ft View Prior Sale
12/22/2020 12/22/20 Pending -- -- --
04/10/2019 04/10/19 For Sale $12,750,000 -- $1,179 / 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 $213,836 $12,589,327 -- --
2023 $209,386 $12,222,648 $0 $0
2022 $208,006 $11,866,649 $0 $0
2021 $174,314 $9,635,666 $5,197,500 $4,438,166
2020 $160,401 $8,864,891 $4,725,000 $4,139,891
2019 $164,910 $8,856,725 $4,500,000 $4,356,725
2018 $150,612 $8,465,134 $4,647,425 $3,817,709
2017 $143,189 $7,917,933 $3,872,854 $4,045,079
2016 $140,855 $7,589,447 $0 $0
2015 $147,745 $7,687,927 $0 $0
2014 $136,298 $7,004,923 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Roberts

    Seller's Agent in 2024

    David Roberts

    Royal Palm Properties LLC

    (561) 368-6200

    165 in this area

    175 Total Sales

    David Roberts
    Section Image

  • J

    Buyer's Agent in 2024

    Jessica Schuble

    Serhant

    (301) 980-1600

    1 in this area

    3 Total Sales

    Jessica Schuble
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10909034

BeachesMLS

APN: 06-43-47-29-10-013-0330

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

1964 Royal Palm Way, Boca Raton, FL

This home is located at 1964 Royal Palm Way, Boca Raton, FL 33432 since 03 August 2023 and is currently estimated at $10,667,295, approximately $986 per square foot. This property was built in 2008. 1964 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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