NOT LISTED FOR SALE

227 W Key Palm Rd Boca Raton, FL 33432

Royal Palm Yacht and Country Club Neighborhood

Estimated Value: $7,955,000 - $11,726,364

5 Beds
8 Baths
7,243 Sq Ft
$1,326/Sq Ft Est. Value

Last Sold November 07, 2012

Last sale price $6,125,000 $846 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $58,679/month

268 Days on Market

Highlights

  • Private Pool
  • Waterfront
  • Marble Flooring
  • Boca Raton Community Middle School Rated A-
  • Canal View
  • High Ceiling

About This Home

As of November 2012

New construction waterfront home in Royal Palm Yacht & Country Club. Home built by SRD Building Corp. and sits on RPYCC's widest waterway. Property has 5 bedrooms, 6 full and 2 half bathrooms. (See Addenda) New construction signature home by SRD Building Corp. located on the widest waterway in Royal Palm Yacht & Country Club! Architecture by Jack Conway Architects and Interior Design by P&H Interiors, this home is completely furnished and features a complete lighting and audio video package. Other features include a grand foyer entry with circular staircase, private library, oversized media room/game room, formal living and dining rooms, gourmet kitchen with large center island, separate breakfast area, wine cooler, family room, elevator and second flo... (see supplement for full remarks)

Last Agent to Sell the Property

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 01/13/2012

Last Buyer's Agent

David Roberts

Royal Palm Properties LLC License #464265 Listed on: 01/13/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,836

Year Built

  • Built in 2012 | Under Construction

Lot Details

  • Waterfront
  • South Facing Home
  • Property is zoned R1a

HOA Fees

  • $197 Monthly HOA Fees

Parking

  • 5 Car Attached Garage

Property Views

  • Canal
  • Garden
  • Pool

Interior Spaces

  • 7,243 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished
  • Bar
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06434729100030280

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

$48,836

Year Built

Built in 2012 | Under Construction

Lot Details

0

HOA Fees

$197 per month

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: FEDERAL HWY ENTRANCE, ROYAL PALM TO DATE PALM, RT ON KEY PALM, PROP ON RT
  • Year Built: 2012
  • Year Built Details: Under Construction
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Fireplace, High Ceilings, Bar
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 7243.0
  • Dining Room Type: Den, Family Room
  • Stories: 2

Exterior Features

  • View: Canal, Garden, Pool
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: South
  • Property Condition: Under Construction

Garage/Parking

  • Covered Parking Spaces: 5.0
  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Golf Cart Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 197.0
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 06434729100030280
  • Zoning Description: R1a

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 48836.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2019
Sold by
Krouse Ann W
Bought by
Krouse Ann W and Ann W Krouse Revocable Trust
Current Estimated Value
$9,601,455

Purchase Details

Listed on
Jan 13, 2012
Closed on
Nov 7, 2012
Sold by
Palmer Bernard and Palmer Maggie
Bought by
Krouse Paul and Krouse Ann
Seller's Agent
David Roberts
Royal Palm Properties LLC
Buyer's Agent
David Roberts
Royal Palm Properties LLC
List Price
$6,750,000
Sold Price
$6,125,000
Premium/Discount to List
-$625,000
-9.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%

Purchase Details

Closed on
Oct 31, 2011
Sold by
Rhinehardt Maurice O
Bought by
Palmer Bernard and Palmer Maggie

Purchase Details

Closed on
May 9, 2005
Sold by
Muller Eugene Robert and Muller Christina Rachelle
Bought by
Rhinehardt Maurice O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,790,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Krouse Ann W -- Attorney
Krouse Paul $6,125,000 Old Palm Title Llc
Palmer Bernard $1,900,000 Old Palm Title Llc
Rhinehardt Maurice O $3,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rhinehardt Maurice O $2,790,000
Previous Owner Muller Eugene Robert $310,000
Previous Owner Muller Eugene Robert $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2012 11/07/12 Sold $6,125,000 -9.3% $846 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $6,750,000 -- $932 / 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 $93,322 $5,510,600 -- --
2023 $91,368 $5,350,097 $0 $0
2022 $90,828 $5,194,269 $0 $0
2021 $90,644 $5,042,980 $0 $0
2020 $89,391 $4,973,353 $0 $0
2019 $89,905 $4,861,538 $0 $0
2018 $84,296 $4,770,891 $0 $0
2017 $83,891 $4,672,763 $0 $0
2016 $84,299 $4,576,653 $0 $0
2015 $86,674 $4,544,839 $0 $0
2014 $87,040 $4,508,769 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Roberts

    Seller's Agent in 2012

    David Roberts

    Royal Palm Properties LLC

    (561) 368-6200

    170 in this area

    180 Total Sales

    David Roberts
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Map

Source: BeachesMLS

MLS Number: R3252247

BeachesMLS

APN: 06-43-47-29-10-003-0280

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

227 W Key Palm Rd, Boca Raton, FL

This home is located at 227 W Key Palm Rd, Boca Raton, FL 33432 since 13 January 2012 and is currently estimated at $9,601,455, approximately $1,325 per square foot. This property was built in 2012. 227 W Key Palm Rd 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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