NOT LISTED FOR SALE

Estimated Value: $7,840,000 - $8,777,965

6 Beds
8 Baths
6,070 Sq Ft
$1,388/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $6,900,000 $1,137 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $52,286/month

383 Days on Market

Highlights

  • Gated with Attendant
  • New Construction
  • Wood Flooring
  • Boca Raton Community Middle School Rated A-
  • Heated Pool
  • Furnished

About This Home

As of July 2021

This home is located at 2275 Areca Palm Rd, Boca Raton, FL 33432 since 23 March 2020 and is currently estimated at $8,426,655, approximately $1,388 per square foot. This property was built in 2021. 2275 Areca 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 High School.

Last Agent to Sell the Property

Marcy Javor

Signature One Luxury Estates LLC License #3329310 Listed on: 03/23/2020

Signature One Luxury Estates LLC

Last Buyer's Agent

Colleen Nouhan

Premier Estate Properties Inc. License #3240983

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,824

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 125x88x125x95
  • East Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 6,070 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Bar
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool
  • Spa

Additional Features

  • Patio
  • Zoned Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 06434729100100160

Community Details

Overview

  • Property has a Home Owners Association
  • Royal Palm Yacht & Country Club Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,824

Year Built

Built in 2021 | New Construction

Lot Details

0.27 Acres

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Camino Real East of Federal Hwy. Make a Right into Royal Palm Way. Follow the road as it bends to the right. Left on Areca Palm Rd. Down on the right.
  • Year Built: 2021
  • Architectural Style: Colonial, Other
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Elevator, Main Level Primary, Pantry, Bar, Walk-In Closet(s)
  • Main Level Bedrooms: 2
  • Private Spa: Yes
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Other, Wood
  • Living Area: 6070.0
  • Stories: 2

Exterior Features

  • Exterior Features: Outdoor Kitchen, Outdoor Living Area
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Home Warranty
  • Home Warranty: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Property Condition: New Construction
  • Roof: Spanish Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Gated with Guard, Gated Community, Security Guard
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 246.67
  • Phone: 561-393-6766
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Gated
  • Senior Community: No
  • Amenities: None
  • Association: Yes
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 06434729100100160
  • Lot Size Acres: 0.27
  • Lot Size: 125x88x125x95
  • Lot Size Sq Ft: 11761.2
  • Mobile Dim Units: Feet
  • Zoning: R1A-SNGL FAM

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 23824.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Jul 8, 2021
Sold by
Lynde Dennis P and 2275 Areca Palm Land Trust
Bought by
Foussianes George and Foussianes Frances
Seller's Agent
Marcy Javor
Signature One Luxury Estates LLC
Buyer's Agent
Colleen Nouhan
Premier Estate Properties Inc.
List Price
$6,950,000
Sold Price
$6,900,000
Premium/Discount to List
-$50,000
-0.72%
Current Estimated Value
$8,426,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,526,655
Avg. Annual Appreciation
4.40%

Purchase Details

Listed on
Feb 11, 2019
Closed on
Mar 14, 2019
Sold by
Tetu Alain and Lapointe Guay Myriam
Bought by
Lynde Dennis P and 2275 Areca Palm Land Trust
Seller's Agent
Rochelle Lecavalier
Douglas Elliman
Buyer's Agent
Marcy Javor
Signature One Luxury Estates LLC
List Price
$1,550,000
Sold Price
$1,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.30%

Purchase Details

Listed on
Jan 17, 2018
Closed on
Jul 31, 2018
Sold by
Kevorkian Christine M and George 2011 Irrevoca Michael K
Bought by
Telu Alaim and Lapointe Guay Myriam
Seller's Agent
Rochelle Lecavalier
Douglas Elliman
Buyer's Agent
Rochelle Lecavalier
Douglas Elliman
List Price
$1,645,000
Sold Price
$1,455,000
Premium/Discount to List
-$190,000
-11.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%

Purchase Details

Listed on
Jul 7, 2014
Closed on
Sep 5, 2014
Sold by
Deitrich Merrill A
Bought by
Kevorkian Christine M
Seller's Agent
Rosemarie Miller
Limited Edition Int'l Realty
Buyer's Agent
Rosemarie Miller
Limited Edition Int'l Realty
List Price
$994,000
Sold Price
$950,000
Premium/Discount to List
-$44,000
-4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.55%

Purchase Details

Closed on
Apr 15, 2005
Sold by
Deitrich Merrill A and Deitrich Catherine M
Bought by
Deitrich Merrill A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Foussianes George $6,900,000 Attorney
Lynde Dennis P $1,550,000 Attorney
Telu Alaim $1,455,000 Attorney
Kevorkian Christine M $950,000 Attorney
Deitrich Merrill A -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2021 07/14/21 Sold $6,900,000 -0.7% $1,137 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
03/23/2020 03/23/20 For Sale $6,950,000 +348.4% $1,145 / Sq Ft
03/14/2019 03/14/19 Sold $1,550,000 0.0% $628 / Sq Ft View Prior Sale
02/12/2019 02/12/19 Pending -- -- --
02/10/2019 02/10/19 For Sale $1,550,000 +6.5% $628 / Sq Ft
07/31/2018 07/31/18 Sold $1,455,000 -11.6% $590 / Sq Ft View Prior Sale
07/01/2018 07/01/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $1,645,000 +73.2% $667 / Sq Ft
09/05/2014 09/05/14 Sold $950,000 -4.4% $385 / Sq Ft View Prior Sale
08/06/2014 08/06/14 Pending -- -- --
07/07/2014 07/07/14 For Sale $994,000 -- $403 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $108,069 $6,557,208 -- --
2024 $108,069 $6,372,408 -- --
2023 $105,811 $6,186,804 $0 $0
2022 $105,102 $6,006,606 $0 $0
2021 $25,825 $1,459,555 $1,459,555 $0
2020 $23,822 $1,301,600 $1,272,000 $29,600
2019 $24,185 $1,284,171 $1,260,000 $24,171
2018 $15,620 $903,025 $0 $0
2017 $15,525 $884,452 $0 $0
2016 $15,571 $866,261 $0 $0
2015 $15,987 $860,239 $0 $0
2014 $6,665 $370,051 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10611595

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-29-10-010-0160

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